Electronic Arts has released its full-year financial earnings report, and things aren’t looking too bad for the big publisher and “Worst Company in America”.
Total revenue for the twelve months ended 31 March 2013 was $3.7-billion, which was down from the $4.1-billion recorded in the prior year.
EA wrapped up with an operating income of $121 million, which was a vast increase over the $35 million from the 2012 fiscal year.
Digital revenue was a strong point for EA, as mobile games, online offerings and other new digital products rose 45 percent year-over-year to $628 million.
In terms of the actual game sales, EA managed to sell 14.5 million units of FIFA 13, while also racking up 1.56 million sales SimCity, despite the game having a less-than-satisfactory launch.
EA’s other big-hitters, Dead Space 3 and Crysis 3, underwhelmed by missing their respective forecasts.
EA is also looking to a brighter 2014 fiscal year, with the publisher planning to release 11 major titles, including Battlefield 4 and the Sims 4, compared to the 13 titles in fiscal year 2013.
The fiscal year 2014 expectation sees the company’s net revenue at $3.5-billion.
Source: EA Investor
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Don’t forget the Simcity train wreck. Let’s wait for next year’s figures. Lots of people bought these games due to the hype, and they’ll probably think twice next year.