Description
2023 fiscal year report for one of the biggest modern industry players – Electronic Arts.
Research Goals and Objectives
Research Objective: to examine Electronic Arts company’s publicly available financial information, determine its development direction, and forecast future performance.
Research Tasks:
- Find comprehensive financial and corporate information about the company;
- Conduct an analysis of the gathered information;
- Draw conclusions and make forecasts based on the analyzed data.
Disclaimers
The information collected in this report reflects data from public company reports and is not questioned or verified through other sources. In other words, the information from Form 10-K is taken and used as is. Any cases where additional information from other sources is used, or the data is reflective of the researcher's personal opinion, are indicated accordingly.
Document Markup
- Electronic Arts 2023 report period is from April 1, 2022, to March 31, 2023;
- EA – Electronic Arts;
- YoY – Year-to-Year.
Short Insights
Beneficial information drawn from the report:
- The company reported a revenue of $7.426 billion in 2022;
- 70% of the company’s revenue comes from Live services;
- EA regularly faces public criticism in various industry aspects but takes actions to address emerging issues;
- The company is investing in cloud gaming service development;
- EA expects a revenue of up to $7.7 billion in 2023, with a net profit of approximately $1.055 billion.