Loading...
•
Mar 31, 2020
EA Q4 2020 Earnings Report
Announced preliminary financial results for its fiscal fourth quarter and full year ended March 31, 2020
Key Takeaways
Electronic Arts reported a strong Q4 and full year FY20, with digital net bookings representing 78% of total net bookings for the fiscal year. FIFA 20 has more than 25 million unique players to date, and Madden NFL 20 reached the highest engagement levels in franchise history.
Digital net bookings for the fiscal year was $4.052 billion, up 9% year-over-year.
FIFA 20 has more than 25 million unique players to date.
Madden NFL 20 reached the highest engagement levels in franchise history.
Apex Legends was the most downloaded free-to-play game on PS4 in calendar 2019.
EA
EA
EA Revenue by Segment
EA Revenue by Geographic Location
Revenue by Segment
Full game downloads Revenue
CapyFin.comPackaged goods Revenue
CapyFin.comRevenue by Geographic Location
Console Revenue
CapyFin.comMobile Revenue
CapyFin.com Forward Guidance
Electronic Arts provided financial guidance for Fiscal Year 2021, expecting net revenue of approximately $5.525 billion and net income of approximately $978 million.
Positive Outlook
- Net revenue is expected to be approximately $5.525 billion.
- Change in deferred net revenue (online-enabled games) is expected to be approximately $25 million.
- Net income is expected to be approximately $978 million.
- Diluted earnings per share is expected to be approximately $3.35.
- Operating cash flow is expected to be approximately $1.575 billion.
Challenges Ahead
- Continued disruptions, postponements or cancellations of sports seasons and sporting events around which the Company seeks to launch games and provide live services.
- Worsening economic conditions that negatively impact discretionary consumer spending and consumer demand.
- The closure of several of the Company’s key locations, including its global headquarters in Redwood City, California and key studios across North America, Europe and Asia which could impact (1) the Company’s ability to meet product and live service development schedules, (2) the effectiveness of the Company’s quality controls and game testing measures, and (3) the Company’s ability to conduct normal business operations.
- The inability of third-party developers with whom the Company has partnerships to meet product development schedules.
- Sustained closures of the physical stores of key retail partners and deterioration in the financial condition of such retail partners.
Revenue & Expenses
Visualization of income flow from segment revenue to net income