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Electronic Arts has ended its fiscal year with strong growth thanks to its live services business

It’s no secret that a lot of players hate microtransactions and the “live services” that more and more games are currently implementing. However, it appears that these services are really profitable for publishers as EA has just announced that it saw a strong growth in its Forth and Final Quarter of the Fiscal Year 2018/2019 thanks to them.

COO and CFO Blake Jorgensen said:

“We ended our fiscal year with strong growth, driven by our live services business which continued to provide a very large, stable and profitable source of net bookings. Looking ahead, we will bring games to an extraordinary variety of players in fiscal 2020 and deliver on our commitment to players with deep live services content for Ultimate Team, Apex Legends, The Sims 4, Anthem and Battlefield V.”

CEO Andrew Wilson added:

“FY20 will be a year of continued growth for our industry, and we’re excited to bring more great entertainment to the expanding audience around the world. Players are engaging with games in more ways than ever before. We’re committed to meeting them where they are with a broad portfolio of amazing new games and live services, choice of engagement models including free-to-play and subscriptions, and new opportunities to play, compete and watch.”

What this ultimately means is that we can expect more and more EA games to feature microtransactions and live services in the future (as EA is making a lot of money thanks to them), despite the fact that Star Wars Jedi: Fallen Order will not have any microtransactions or multiplayer modes.

EA also noted that its digital net bookings for the trailing twelve months was $3.722 billion were up 5% year-over-year, representing 75% of total net bookings. Furthermore, in FY19, more than 45 million unique players engaged in FIFA 19 and FIFA 18 on console and PC and the active players in The Sims 4 have increased by 35% year-over-year.

24 thoughts on “Electronic Arts has ended its fiscal year with strong growth thanks to its live services business”

  1. Good to hear. Keep betting on those “live services”, EA. Future looks bright for them at this time.

  2. i think gamers should pat themselves on the back saying good job good ifing job you ifing ifs

  3. Relax everyone. It’s just their mouth breathers spewing PR and obfuscating the numbers. EA took a hit.

  4. Good stuff. This will only upset the basement dwelling losers who think their views matter.

    1. Well until my other post is approved, go read about it on gamesindustry with the full breakdown (sorry John). It’s just PR. They did not have a good fiscal quarter. “Projections” are just that; they are not revenues.

  5. Its like louis said ,every time ea is gonna collapse the zombie buyers get in there and save them.

  6. Whoever is spending money on this trash, stop. You’re sending them the wrong signals. Now they’re only going to get worse. :/

    1. Their growth is from microtransactions, therefore they only need a small number of whales to achieve it. This doesn’t say much either way about gamer unity, it only says that gutting the whales is very profitable.

  7. Still they fired many people. In the 90s people thought gaming industry will be the source of good paid jobs. That was true were the first real gaming enthusiasts funded companies, but now the lawyers and businessmen take over the gaming industry. They dont give a 5h17 about gaming, they are just a bunch of greed 455h0l3s.

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