FIFA 22: Electronic Arts presents its financial results with a smile on its face


FIFA 23, Electronic Arts, F1 22, FIFA Mobile, FIFA Ultimate Team, FUT, revenue, financial results

Electronic Arts is pleased with its excellent financial results, up from last year thanks to the tireless success of FIFA Ultimate Team.

While Activision Blizzard barely manages to raise its user bar, Electronic Arts sees its turnover increase by 14% This year. The firm recorded an operating profit of 433.7 million euros, i.e. a 52% increase compared to the previous year over the same quarter.

These results are explained by the success of FIFA 22 and the FIFA Ultimate Team mode which makes the title the opus having brought in the most money at Electronic Arts. Players are more active on both the console version and the mobile version since FIFA Mobile also saw its daily player count increase this quarter.

The publisher’s excellent figures can also be explained by the solid launch of F1 22. However, Apex Legends is not one of the featured titles by EA in its results. With the release of Apex Legends Mobile still being rather recent, it seems difficult for the firm to communicate around the figures of the battle royale.

Several big games await players before the end of EA’s fiscal year. The next Need for Speedplanned for the end of the year, the remake of Dead Space, the new opus of the Star Wars Jedi license as well as the highly anticipated FIFA 23 are among the big releases that Electronic Arts relies on to ensure its goal approximately €7.4 billion in revenue as of March 31, 2023.



Source link -119