Ultimate Team modes brought in some fat checks for EA once again in fiscal year 2021. Looking over the US Securities and Exchange Commission annual report, EA brought in over $1.62 billion of revenue through Ultimate Team modes alone.
Net revenue from Ultimate Team represented 29 percent of EA’s total net revenue during fiscal year 2021, with FIFA Ultimate Team leading the way.
How much does EA earn from Ultimate Team across FIFA, Madden and NFL?
EA Net Revenue from Ultimate Team:
FY 2021: $1.62bn
FY 2020: $1.49bn
FY 2019: $1.37bn
FY 2018: $1.18bn
FY 2017: $775m
FY 2016: $660m
FY 2015: $587mThe majority is from FIFA Ultimate Team ofc. pic.twitter.com/xUbNUx6R62
— Daniel Ahmad (@ZhugeEX) May 26, 2021
EA had this to say in regards to their legal proceedings with the Netherlands Gambling Authority.
The Netherlands Gambling Authority (“NGA”) has asserted that the randomized selection of virtual items in the FIFA Ultimate Team mode of our FIFA franchise contravenes the Dutch Betting and Gaming Act. On October 15, 2020, the District Court of the Hague affirmed the NGA’s decision. We have appealed the District Court’s order, and the NGA’s decision is suspended through the appeals process. We do not believe that the operational or financial consequences from these proceedings will have a material adverse effect on our Consolidated Financial Statements. We do not believe that our products and services violate applicable gambling laws.
We are also subject to claims and litigation arising in the ordinary course of business. We do not believe that any liability from any reasonably foreseeable disposition of such claims and litigation, individually or in the aggregate, would have a material adverse effect on our Consolidated Financial Statements.
EA is making that bank with Ultimate Team, it’s not going anywhere, anytime soon.
Published: May 28, 2021 06:41 pm