In its latest financial report, Electronic Arts posted a $1.2 billion revenue and $323 million profit for the fourth quarter ending on March 2013. As for the full year, it saw a total revenue of $3.79 billion with a $98 million profit. For the year, total digital revenue was up by 36 percent for a $1.7 billion revenue – the highest in the company’s history thus far.
The publisher revealed that since its launch in September, FIFA 13 has sold over 14.5 million units, with year-to-year sales of the franchise having increased by 30 percent. Total revenue netted from digital avenues for the game was revealed to be up by 94 percent from the previous year, totaling $200 million.
Origin, EA’s digital content platform, also has more than 47 million registered users with 20 million of those users being on mobile.
Executive chairman and interim CEO Larry Probst stated that, “As we enter a new fiscal year, EA is well-positioned for dynamic growth on next generation consoles, PCs, and mobile platforms. With world-class games, a rapidly growing digital business, and top-notch creative talent, we are excited about EA’s strategy for fiscal year 2014 and beyond.”
CFO Blake Jorgensen also stated that, “EA has a solid operating plan with disciplined R&D spending and a sharp focus on delivering the best games and services. We are holding our fiscal year 2014 operating expenses flat to the prior year – a significant achievement in a console transition year.”
