EA Mobile sees Q1 FY15 revenue up 9% to $123 million

Four new games in development

EA Mobile sees Q1 FY15 revenue up 9% to $123 million

EA (NASDAQ: EA) announced its Q1 FY15 financial figures, for the period ending 30 June 2014.

Revenue was $1.2 billion, up 28 percent year-on-year.

Net income was $335 million, up 51 percent.

On the up

EA Mobile’s revenue was $123 million, up 9 percent year-on-year, or 7 percent quarter-on-quarter.

The vast majority of this revenue - 87 percent - now comes from free-to-play titles (87 percent in terms of the non-GAAP revenue that EA prefers to cite when it's legally allowed to).

Indeed, the company noted that driven by titles such as The Simpsons: Tapped Out, Real Racing 3, The Sims FreePlay  and FIFA 14  (which was boosted by a World Cup update), its mobile active monthly player total during the quarter was more than 140 million.

And while it didn’t provide any more details, it also revealed EA Mobile has four games currently in development, not including PopCap’s new Peggle  release.

EA trailing 12 month non-GAAP revenue per category

EA expects to post GAAP revenue of $965 million in Q2 FY15, and make a loss.

It hopes to generate $4.3 billion during FY15.

The company ended Q1 with cash, equivalents and short-term investments of $2.3 billion.

[source: EA]

Contributing Editor

A Pocket Gamer co-founder, Jon is Contributing Editor at which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.