Description
Overview of the Electronic Arts Inc. report for the fiscal year 2024.
Research Goals and Objective
Research Objective: To study Electronic Arts Inc. publicly available financial information, determine the company's development strategy, and compile an overview of its Annual Financial Reports.
Research Tasks:
- Find the company’s comprehensive financial and corporate information;
- Analyze the gathered information;
- Draw conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
Document Markup
- FY - Financial Year;
- EA - Electronic Arts Inc.;
- Q - Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Electronic Arts Inc. Annual Report Period is from April 1, 2023 to March 31, 2024.
Short Insights
- EA launched 11 new games in FY24, including EA SPORTS FC, which became the top-selling game in Western Europe in 2023;
- EA's net revenue for FY24 was $7.562 billion, showing a slight increase of 1.83% from the previous year. The majority of revenue (73.35%) came from live services;
- As of March 31, 2024, EA's total equity grew by 3.02% to $7.513 billion.
