EA's Finances Experience an Increase at the Beginning of the 2021 Fiscal Year

EA experienced economic growth at the beginning of the 2021 fiscal year.

Being an antagonist in the video game industry is a stamp that is always attached to Electronic Arts or EA. That the company that was previously loved by its fans suddenly became evil and fired its talented studios for not being able to fulfill their wishes.

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The climax was when they were attacked by fans and the state government due to the implementation of lootboxes in AAA games Star Wars: Battlefront 2. Since then, the games they released began to be addressed. Although not immediately restore the trust of fans. However, it seems that the beginning of the 2021 fiscal year they said otherwise.

Through their 2021 fiscal year financial report, EA noted that there was an increase in players in the series FIFA and Madden. They experienced a 17% increase in profits.

This is none other than because of the large income from FIFA 20, Madden 20, and The Sims 4. EA explained that they have got around tens of millions of new players. EA CEO Andrew Wilson explained that player FIFA doubled in the first quarter of their 2021 fiscal year. While a significant increase occurred in Madden NFL which is increasing by 140% every year.

EA’s CFO, Blake Jorgensen then explained that this year was a year that they could not predict at all. Especially after season 5 content Apex Legends successfully peaked its engagement to date. Temporary The Sims 4 now has a total player of about 30 million. A new record for the series.

The income will certainly increase after they are done to move all the games to Steam which currently only leaves a few games including Apex Legends.

Currently EA and its developers are working on several projects, one of which is FIFA 21, UFC 4, and Madden 21. While EA Motive or Motive Studio is finishing a fighter plane game Star Wars: Squadrons for an early October release. However, there is no clarity at all for Battlefield new ones that may be released later this year or early 2022 when the PlayStation 5 and Xbox Series X have been released.

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