EA omits Ultimate Team revenue numbers from SEC 2022 report

The game mode has seen growth since 2017, when the publisher started including its specific revenues in its annual returns.

A year after releasing Ultimate Team’s revenue numbers, EA chose to omit the mode’s revenue numbers from this year’s edition. Annual Report with the United States Securities and Exchange Commission.

As reported by Stephen Totilo of Axiosthe company said purchased content for the mode is one of its most popular live services.

“Net revenues from live services, particularly net revenues from additional content, have been significant to our business, and we expect it to be so,” the company said in the filing.

Loot box-based Ultimate Team modes appear in EA’s FIFA, Madden, NHL, NBA, and UFC products.

Ultimate Team’s revenue has grown every year since it began separating it from the rest of its live services business in fiscal 2017, when it brought in a total of $775 million.

EA’s fiscal year report for 2021 says the mode generated $1.62 billion, or 29% of its business.

In that same report, EA downplayed a 2020 Dutch court ruling that found the mode violated gambling laws, as it was fined 10 million euros ($12.2 million). in the process.

Ultimate Team has been the subject of a number of lawsuits as it has been accused of being a form of gambling, loot boxes have come under greater legislative scrutiny in recent years.