Home News Digital Arts Inc. – Digital Arts Experiences This fall and FY21 Monetary Outcomes

Digital Arts Inc. – Digital Arts Experiences This fall and FY21 Monetary Outcomes



Outcomes Above Expectations, Document Annual Working Money Circulate Pushed by Profitable New Video games, Stay Providers Engagement, and Community Progress

REDWOOD CITY, Calif.–(BUSINESS WIRE)–
Electronic Arts Inc. (NASDAQ: EA) right this moment introduced preliminary monetary outcomes for its fiscal fourth quarter and full yr ended March 31, 2021.


“Our groups have achieved unimaginable work during the last yr to ship wonderful experiences throughout a really difficult time for everybody all over the world,” mentioned Andrew Wilson, CEO of Digital Arts. “With super engagement throughout our portfolio, we delivered a document yr for Digital Arts. We’re now accelerating in FY22, powered by enlargement of our blockbuster franchises to extra platforms and geographies, a deep pipeline of recent content material, and up to date acquisitions that will likely be catalysts for additional development.”


“EA delivered a robust quarter, pushed by stay companies and Apex Legends’ extraordinary efficiency. Apex steadily grew by the final yr, pushed by the video games crew and the content material they’re delivering,” mentioned COO and CFO Blake Jorgensen. “Trying ahead, the momentum in our present stay companies offers a stable basis for FY22. Mixed with a brand new Battlefield and our latest acquisitions, we anticipate web bookings development within the excessive teenagers.”



Chosen Working Highlights and Metrics


  • Web bookings1 for fiscal 2021 was $6.190 billion, up 15% year-over-year, and over $600 million above authentic expectations.

  • Delivered 13 new video games and had greater than 42 million new gamers be a part of our community throughout the fiscal yr.

  • FIFA 21, life so far, has greater than 25 million console/PC gamers.

  • FIFA Final Workforce™ gamers grew 16% year-over-year and FUT matches had been up 180%.

  • Apex Legends™ has greater than 100 million gamers life so far on console/PC, and Season 8 had greater than 12 million weekly common gamers.

  • Document variety of new gamers joined Madden NFL on console/PC throughout fiscal 21.

  • The Sims™ 4, life so far, has virtually 36 million gamers and delivered its sixth consecutive yr of franchise development.



Chosen Monetary Highlights and Metrics


  • Web money offered by working actions was $371 million for the quarter and $1.934 billion for the fiscal yr.

  • EA repurchased 2.4 million shares for $325 million throughout the quarter, bringing the full for the fiscal yr to five.6 million shares for $729 million.

  • EA paid a money dividend of $0.17 per share throughout the quarter.



Dividend


EA has declared a quarterly money dividend of $0.17 per share of the Firm’s frequent inventory. The dividend is payable on June 23, 2021 to shareholders of document as of the shut of enterprise on June 2, 2021.



Quarterly Monetary Highlights

















Three Months Ended


March 31,


2021


2020

(in $ hundreds of thousands, besides per share quantities)


Full sport


250


356

Stay companies and different


1,096


1,031

Whole web income


1,346


1,387

Web earnings


76


418

Diluted earnings per share


0.26


1.43

Working money stream


371


498

Worth of shares repurchased


325


291

Variety of shares repurchased


2.4


2.7


The next GAAP-based monetary knowledge2 and tax charge of 18% was used internally by firm administration to regulate its GAAP outcomes so as to assess EA’s working outcomes:













Three Months Ended March 31, 2021


GAAP-Primarily based Monetary Knowledge
(in $ hundreds of thousands)


Assertion of

Operations


Acquisition-

associated

bills


Change in

deferred web

income

(online-

enabled

video games)


Inventory-based

compensation

Whole web income


1,346


-


144


-

Value of income


319


(4


)


-


(1


)

Gross revenue


1,027


4


144


1

Whole working bills


852


(14


)


-


(108


)

Working earnings


175


18


144


109

Curiosity and different earnings (expense), web


(10


)


-


-


-

Earnings earlier than provision for earnings taxes


165


18


144


109

Variety of shares utilized in computation:


Diluted


290




Fiscal Yr Monetary Highlights



















Twelve Months Ended


March 31,


2021


2020

(in $ hundreds of thousands)


Full sport


1,613


1,887

Stay companies and different


4,016


3,650

Whole web income


5,629


5,537

Web earnings


837


3,039*

Diluted earnings per share


2.87


10.30*

Working money stream


1,934


1,797

Worth of shares repurchased


729


1,207

Variety of shares repurchased


5.6


12.3

*Consists of the affect of one-time tax advantages acknowledged throughout the interval.


The next GAAP-based monetary knowledge2 and tax charge of 18% was used internally by firm administration to regulate its GAAP outcomes so as to assess EA’s working outcomes:













Twelve Months Ended March 31, 2021


GAAP-Primarily based Monetary Knowledge
(in $ hundreds of thousands)


Assertion of
Operations


Acquisition-
associated
bills


Change in
deferred web
income
(online-
enabled
video games)


Inventory-based
compensation
Whole web income


5,629


-


561


-

Value of income


1,494


(4


)


-


(5


)

Gross revenue


4,135


4


561


5

Whole working bills


3,089


(30


)


-


(430


)

Working earnings


1,046


34


561


435

Curiosity and different earnings (expense), web


(29


)


-


-


-

Earnings earlier than provision for earnings taxes


1,017


34


561


435

Variety of shares utilized in computation:


Diluted


292




Working Metric


The next is a calculation of our complete web bookings1 for the intervals offered:









Three Months Ended


Twelve Months Ended


March 31,


March 31,


2021


2020


2021


2020

(in $ hundreds of thousands)


Whole web income


1,346


1,387


5,629


5,537

Change in deferred web income (online-enabled video games)


144


(131


)


561


(165


)

Web bookings


1,490


1,256


6,190


5,372



Enterprise Outlook as of Might 11, 2021


Our monetary expectations for the primary quarter ending June 30, 2021 and the fiscal yr ending March 31, 2022 embrace estimates of the affect of our latest acquisitions on consolidated outcomes, together with our acquisition of Glu Cell on April 29, 2021. The GAAP and working money stream estimates may very well be materially impacted as we combine these latest acquisitions.


Fiscal Yr 2022 Expectations – Ending March 31, 2022


Monetary metrics:


  • Web income is anticipated to be roughly $6.800 billion.


    • Change in deferred web income (online-enabled video games) is anticipated to be roughly $500 million.

  • Web earnings is anticipated to be roughly $390 million.

  • Diluted earnings per share is anticipated to be roughly $1.34.

  • Working money stream is anticipated to be roughly $1.750 billion.

  • The Firm estimates a share depend of 292 million for functions of calculating fiscal yr 2022 diluted earnings per share.


Operational metric:


  • Web bookings1 is anticipated to be roughly $7.300 billion.


As well as, the next outlook for GAAP-based monetary knowledge2 and a long-term tax charge of 18% are used internally by EA to regulate our GAAP expectations to evaluate EA’s working outcomes and plan for future intervals:










Twelve Months Ending March 31, 2022


GAAP-Primarily based Monetary Knowledge


GAAP
Steerage


Acquisition-
associated
bills


Change in
deferred web
income (online-
enabled video games)


Inventory-based
compensation
(in $ hundreds of thousands)


Whole web income


6,800


-


500


-

Value of income


1,828


(40


)


-


-

Working expense


4,125


(285


)


-


(575


)

Earnings earlier than provision for earnings taxes


790


325


500


575

Web earnings


390


Variety of shares utilized in computation:


Diluted shares


292



First Quarter Fiscal Yr 2022 Expectations – Ending June 30, 2021


Monetary metrics:


  • Web income is anticipated to be roughly $1.475 billion.


    • Change in deferred web income (online-enabled video games) is anticipated to be roughly $(225) million.

  • Web earnings is anticipated to be roughly $70 million.

  • Diluted earnings per share is anticipated to be roughly $0.24.

  • The Firm estimates a share depend of 291 million for functions of calculating first quarter fiscal 2022 diluted earnings per share.


Operational metric:


  • Web bookings1 is anticipated to be roughly $1.250 billion.


As well as, the next outlook for GAAP-based monetary knowledge2 and a long-term tax charge of 18% are used internally by EA to regulate our GAAP expectations to evaluate EA’s working outcomes and plan for future intervals:










Three Months Ending June 30, 2021


GAAP-Primarily based Monetary Knowledge


GAAP
Steerage


Acquisition-
associated
bills


Change in
deferred web
income (online-
enabled video games)


Inventory-based
compensation
(in $ hundreds of thousands)


Whole web income


1,475


-


(225


)


-

Value of income


287


(5


)


-


-

Working expense


955


(70


)


-


(125


)

Earnings earlier than provision for earnings taxes


220


75


(225


)


125

Web earnings


70


Variety of shares utilized in computation:


Diluted shares


291




Convention Name and Supporting Paperwork


Digital Arts will host a convention name on Might 11, 2021 at 2:00 pm PT (5:00 pm ET) to overview its outcomes for the fiscal quarter and yr ended March 31, 2021 and its outlook for the longer term. In the course of the course of the decision, Digital Arts might disclose materials developments affecting its enterprise and/or monetary efficiency. Listeners might entry the convention name stay by the next dial-in quantity (866) 324-3683 (home) or (509) 844-0959 (worldwide), utilizing the convention code 1076176 or by way of webcast at EA’s IR Web site at http://ir.ea.com.


EA has posted a slide presentation with a monetary mannequin of EA’s historic outcomes and steering on EA’s IR Web site. EA can even publish the ready remarks and a transcript from the convention name on EA’s IR Web site.


A dial-in replay of the convention name will likely be accessible till Might 25, 2021 at 855-859-2056 (home) or 404-537-3406 (worldwide) utilizing pin code 1076176. An audio webcast replay of the convention name will likely be accessible for one yr on EA’s IR Web site.


Ahead-Trying Statements


Some statements set forth on this launch, together with the knowledge regarding EA’s fiscal 2022 expectations below the heading “Enterprise Outlook as of Might 11, 2021,” and different info concerning EA’s fiscal 2022 expectations comprise forward-looking statements which might be topic to vary. Statements together with phrases comparable to “anticipate,” “imagine,” “anticipate,” “intend,” “estimate,” “plan,” “predict,” “search,” “objective,” “will,” “might,” “probably,” “ought to,” “might” (and the unfavorable of any of those phrases), “future” and comparable expressions additionally determine forward-looking statements. These forward-looking statements are usually not ensures of future efficiency and mirror administration’s present expectations. Our precise outcomes might differ materially from these mentioned within the forward-looking statements.


A number of the components which might trigger the Firm’s outcomes to vary materially from its expectations embrace the next: the affect of the COVID-19 pandemic, gross sales of the Firm’s services and products; the Firm’s potential to develop and assist digital services and products, together with managing on-line safety and privateness; outages of our merchandise, companies and technological infrastructure; the Firm’s potential to handle bills; the competitors within the interactive leisure business; governmental laws; the effectiveness of the Firm’s gross sales and advertising applications; well timed growth and launch of the Firm’s services and products; the Firm’s potential to comprehend the anticipated advantages of, and combine, acquisitions; the buyer demand for, and the supply of an satisfactory provide of console {hardware} models; the Firm’s potential to foretell shopper preferences amongst competing platforms; the Firm’s potential to develop and implement new expertise; overseas forex alternate charge fluctuations; common financial situations; adjustments in our tax charges or tax legal guidelines; and different components described in Half II, Merchandise 1A of Digital Arts’ newest Quarterly Report on Type 10-Q below the heading “Danger Elements”, in addition to in different paperwork we have now filed with the Securities and Alternate Fee, together with our Annual Report on Type 10-Ok for the fiscal yr ended March 31, 2020.


These forward-looking statements are present as of Might 11, 2021. Digital Arts assumes no obligation to revise or replace any forward-looking assertion for any cause, besides as required by legislation. As well as, the preliminary monetary outcomes set forth on this launch are estimates primarily based on info at the moment accessible to Digital Arts.


Whereas Digital Arts believes these estimates are significant, they might differ from the precise quantities that Digital Arts in the end studies in its Annual Report on Type 10-Ok for the fiscal yr ended March 31, 2021. Digital Arts assumes no obligation and doesn’t intend to replace these estimates previous to submitting its Type 10-Ok for the fiscal yr ended March 31, 2021.


About Digital Arts


Digital Arts (NASDAQ: EA) is a worldwide chief in digital interactive leisure. The Firm develops and delivers video games, content material and on-line companies for Web-connected consoles, cell units and private computer systems.


In fiscal yr 2021, EA posted GAAP web income of $5.6 billion. Headquartered in Redwood Metropolis, California, EA is acknowledged for a portfolio of critically acclaimed, high-quality manufacturers comparable to EA SPORTS™ FIFA, Battlefield™, Apex Legends™, The Sims™, Madden NFL, Want for Velocity™, Titanfall™ and Vegetation vs. Zombies™. Extra details about EA is accessible at www.ea.com/news.


EA SPORTS, Final Workforce, Battlefield, Want for Velocity, Apex Legends, The Sims, Titanfall and Vegetation vs. Zombies are logos of Digital Arts Inc. John Madden, NFL, and FIFA are the property of their respective house owners and used with permission.


1 Web bookings is outlined as the web quantity of services and products offered digitally or sold-in bodily within the interval. Web bookings is calculated by including complete web income to the change in deferred web income for online-enabled video games.


2 For extra details about the character of the GAAP-based monetary knowledge, please consult with EA’s Type 10-Ok for the fiscal yr ended March 31, 2020.































ELECTRONIC ARTS INC. AND SUBSIDIARIES


Unaudited Condensed Consolidated Statements of Operations


(in $ hundreds of thousands, besides per share knowledge)


Three Months Ended


Twelve Months Ended


March 31,


March 31,


2021


2020


2021


2020


Web income


1,346


1,387


5,629


5,537


Value of income


319


269


1,494


1,369


Gross revenue


1,027


1,118


4,135


4,168


Working bills:


Analysis and growth


468


402


1,778


1,559


Advertising and marketing and gross sales


196


167


689


631


Common and administrative


174


142


592


506


Acquisition-related contingent consideration





5


Amortization of intangibles


14


6


30


22


Whole working bills


852


717


3,089


2,723


Working earnings


175


401


1,046


1,445


Curiosity and different earnings (expense), web


(10


)


13


(29


)


63


Earnings earlier than provision for (profit from) earnings taxes


165


414


1,017


1,508


Provision for (profit from) earnings taxes


89


(4


)


180


(1,531


)


Web earnings


76


418


837


3,039


Earnings per share


Primary


0.26


1.44


2.90


10.37


Diluted


0.26


1.43


2.87


10.30


Variety of shares utilized in computation


Primary


288


290


289


293


Diluted


290


292


292


295


Outcomes (in $ hundreds of thousands, besides per share knowledge)

The next desk studies the variance of the actuals versus our steering offered on February 2, 2021 for the three months ended March 31, 2021 plus a comparability to the actuals for the three months ended March 31, 2020.

































Three Months Ended March 31,


2021


2021


2020


Steerage


Variance


Actuals


Actuals


Web income


Web income


1,317


29


1,346


1,387


GAAP-based monetary knowledge


Change in deferred web income (online-enabled video games)1


58


86


144


(131


)


Value of income


Value of income


302


17


319


269


GAAP-based monetary knowledge


Acquisition-related bills



(4


)


(4


)


(3


)


Inventory-based compensation



(1


)


(1


)


(1


)


Working bills


Working bills


837


15


852


717


GAAP-based monetary knowledge


Acquisition-related bills


(4


)


(10


)


(14


)


(6


)


Inventory-based compensation


(114


)


6


(108


)


(90


)


Earnings earlier than tax


Earnings earlier than tax


172


(7


)


165


414


GAAP-based monetary knowledge


Acquisition-related bills


4


14


18


9


Change in deferred web income (online-enabled video games)1


58


86


144


(131


)


Inventory-based compensation


114


(5


)


109


91


Tax charge used for administration reporting


18


%


18


%


18


%


Earnings (loss) per share


Primary


(0.07


)


0.33


0.26


1.44


Diluted


(0.07


)


0.33


0.26


1.43


Variety of shares


Primary


289


(1


)


288


290


Diluted


289


1


290


292


1The change in deferred web income (online-enabled video games) within the unaudited condensed consolidated statements of money flows doesn’t essentially equal the change in deferred web income (online-enabled video games) within the unaudited condensed consolidated statements of operations primarily because of the affect of unrecognized features/losses on money stream hedges.


In fiscal 2021, EA modified the way in which through which it presents web income. Intervals previous to the primary quarter of fiscal 2021 have been recast for comparability to align with these adjustments. For extra info please see the Monetary Reporting FAQ on our Investor Relations Web site.








































ELECTRONIC ARTS INC. AND SUBSIDIARIES


Unaudited Condensed Consolidated Stability Sheets


(in $ hundreds of thousands)


March 31, 2021


March 31, 20202


ASSETS


Present property:


Money and money equivalents


5,260


3,768


Brief-term investments


1,106


1,967


Receivables, web


521


461


Different present property


326


321


Whole present property


7,213


6,517


Property and gear, web


491


449


Goodwill


2,868


1,885


Acquisition-related intangibles, web


309


53


Deferred earnings taxes, web


2,045


1,903


Different property


362


305


TOTAL ASSETS


13,288


11,112


LIABILITIES AND STOCKHOLDERS’ EQUITY


Present liabilities:


Accounts payable


96


68


Accrued and different present liabilities


1,341


1,052


Deferred web income (online-enabled video games)


1,527


945


Senior notes, present, web



599


Whole present liabilities


2,964


2,664


Senior notes, web


1,876


397


Earnings tax obligations


315


373


Deferred earnings taxes, web


43


1


Different liabilities


250


216


Whole liabilities


5,448


3,651


Stockholders’ fairness:


Widespread inventory


3


3


Retained earnings


7,887


7,508


Accrued different complete loss


(50


)


(50


)


Whole stockholders’ fairness


7,840


7,461


TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY


13,288


11,112


2Derived from audited consolidated monetary statements.










































ELECTRONIC ARTS INC. AND SUBSIDIARIES


Unaudited Condensed Consolidated Statements of Money Flows


(in $ hundreds of thousands)


Three Months Ended

March 31,


Twelve Months Ended

March 31,


2021


2020


2021


2020


OPERATING ACTIVITIES


Web earnings


76


418


837


3,039


Changes to reconcile web earnings to web money offered by working actions:


Depreciation, amortization and accretion


58


39


181


150


Acquisition-related contingent consideration



5



5


Inventory-based compensation


109


91


435


347


Change in property and liabilities


Receivables, web


268


340


(41


)


164


Different property


(42


)


(41


)


(70


)


35


Accounts payable


(11


)


(3


)


18


(36


)


Accrued and different liabilities


(109


)


(145


)


136


119


Deferred earnings taxes, web


(125


)


(78


)


(143


)


(1,871


)


Deferred web income (online-enabled video games)


147


(128


)


581


(155


)


Web money offered by working actions


371


498


1,934


1,797


INVESTING ACTIVITIES


Capital expenditures


(31


)


(40


)


(124


)


(140


)


Proceeds from maturities and gross sales of short-term investments


1,598


767


3,686


2,142


Buy of short-term investments


(772


)


(738


)


(2,828


)


(3,359


)


Acquisitions, web of money acquired


(1,239


)



(1,239


)



Web money utilized in investing actions


(444


)


(11


)


(505


)


(1,357


)


FINANCING ACTIVITIES


Proceeds from issuance of senior notes, web of issuance prices


1,478



1,478



Cost of senior notes


(600


)



(600


)



Proceeds from issuance of frequent inventory


30


28


86


62


Money dividends paid


(49


)



(98


)



Money paid to taxing authorities for shares withheld from workers


(8


)


(5


)


(152


)


(91


)


Repurchase and retirement of frequent inventory


(325


)


(291


)


(729


)


(1,207


)


Cost of contingent consideration



(32


)



(122


)


Web money offered by (utilized in) financing actions


526


(300


)


(15


)


(1,358


)


Impact of overseas alternate on money and money equivalents


35


(22


)


78


(22


)


Change in money and money equivalents


488


165


1,492


(940


)


Starting money and money equivalents


4,772


3,603


3,768


4,708


Ending money and money equivalents


5,260


3,768


5,260


3,768







































ELECTRONIC ARTS INC. AND SUBSIDIARIES


Unaudited Supplemental Monetary Data and Enterprise Metrics


(in $ hundreds of thousands, besides per share knowledge)


This fall


Q1


Q2


Q3


This fall


YOY %


FY20


FY21


FY21


FY21


FY21


Change


Web income


Web income


1,387


1,459


1,151


1,673


1,346



(3



%)


GAAP-based monetary knowledge


Change in deferred web income (online-enabled video games)1


(131


)


(69


)


(241


)


727


144


Gross revenue


Gross revenue


1,118


1,171


865


1,072


1,027



(8



%)


Gross revenue (as a % of web income)


81


%


80


%


75


%


64


%


76


%


GAAP-based monetary knowledge


Acquisition-related bills


3





4


Change in deferred web income (online-enabled video games)1


(131


)


(69


)


(241


)


727


144


Inventory-based compensation


1


1


2


1


1


Working earnings


Working earnings


401


471


149


251


175



(56



%)


Working earnings (as a % of web income)


29


%


32


%


13


%


15


%


13


%


GAAP-based monetary knowledge


Acquisition-related bills


9


5


6


5


18


Change in deferred web income (online-enabled video games)1


(131


)


(69


)


(241


)


727


144


Inventory-based compensation


91


102


113


111


109


Web earnings


Web earnings


418


365


185


211


76



(82



%)


Web earnings (as a % of web income)


30


%


25


%


16


%


13


%


6


%


GAAP-based monetary knowledge


Acquisition-related bills


9


5


6


5


18


Change in deferred web income (online-enabled video games)1


(131


)


(69


)


(241


)


727


144


Inventory-based compensation


91


102


113


111


109


Tax charge used for administration reporting


18


%


18


%


18


%


18


%


18


%


Diluted earnings per share


1.43


1.25


0.63


0.72


0.26



(82



%)


Variety of diluted shares utilized in computation


Primary


290


288


289


290


288


Diluted


292


292


293


292


290


1The change in deferred web income (online-enabled video games) within the unaudited condensed consolidated statements of money flows doesn’t essentially equal the change in deferred web income (online-enabled video games) within the unaudited condensed consolidated statements of operations primarily because of the affect of unrecognized features/losses on money stream hedges.


In fiscal 2021, EA modified the way in which through which it presents web income. Intervals previous to the primary quarter of fiscal 2021 have been recast for comparability to align with these adjustments. For extra info please see the Monetary Reporting FAQ on our Investor Relations Web site.




































ELECTRONIC ARTS INC. AND SUBSIDIARIES


Unaudited Supplemental Monetary Data and Enterprise Metrics


(in $ hundreds of thousands)


This fall


Q1


Q2


Q3


This fall


YOY %


FY20


FY21


FY21


FY21


FY21


Change


QUARTERLY NET REVENUE PRESENTATIONS


Web income by composition


Full sport downloads


211


223


163


347


185


(12


%)


Packaged items


145


136


119


375


65


(55


%)


Full sport


356


359


282


722


250


(30


%)


Stay companies and different


1,031


1,100


869


951


1,096


6


%


Whole web income


1,387


1,459


1,151


1,673


1,346



(3



%)


Full sport


26


%


25


%


25


%


43


%


19


%


Stay companies and different


74


%


75


%


75


%


57


%


81


%



Whole web income %



100



%



100



%



100



%



100



%



100



%


GAAP-based monetary knowledge


Full sport downloads


(21


)


(5


)


(2


)


53


(19


)


Packaged items


(67


)


(67


)


(14


)


83


(44


)


Full sport


(88


)


(72


)


(16


)


136


(63


)


Stay companies and different


(43


)


3


(225


)


591


207


Whole change in deferred web income (online-enabled video games) by composition1


(131


)


(69


)


(241


)


727


144


Web income by platform


Console


928


932


714


1,191


879


(5


%)


PC & Different


274


325


249


326


295


8


%


Cell


185


202


188


156


172


(7


%)


Whole web income


1,387


1,459


1,151


1,673


1,346



(3



%)


GAAP-based monetary knowledge


Console


(143


)


(108


)


(201


)


619


71


PC & Different


7


15


(24


)


73


51


Cell


5


24


(16


)


35


22


Whole change in deferred web income (online-enabled video games) by platform1


(131


)


(69


)


(241


)


727


144


1The change in deferred web income (online-enabled video games) within the unaudited condensed consolidated statements of money flows doesn’t essentially equal the change in deferred web income (online-enabled video games) within the unaudited condensed consolidated statements of operations primarily because of the affect of unrecognized features/losses on money stream hedges.


In fiscal 2021, EA modified the way in which through which it presents web income. Intervals previous to the primary quarter of fiscal 2021 have been recast for comparability to align with these adjustments. For extra info please see the Monetary Reporting FAQ on our Investor Relations Web site.





























ELECTRONIC ARTS INC. AND SUBSIDIARIES


Unaudited Supplemental Monetary Data and Enterprise Metrics


(in $ hundreds of thousands)


This fall


Q1


Q2


Q3


This fall


YOY %


FY20


FY21


FY21


FY21


FY21


Change


CASH FLOW DATA


Working money stream


498


378


61


1,124


371


(26


%)


Working money stream – TTM


1,797


2,017


2,041


2,061


1,934


8


%


Capital expenditures


40


38


25


30


31


(23


%)


Capital expenditures – TTM


140


133


131


133


124


(11


%)


Repurchase and retirement of frequent inventory


291


78



326


325


12


%


Money dividends paid





49


49


100


%


DEPRECIATION


Depreciation expense


31


31


32


37


38


23


%


BALANCE SHEET DATA


Money and money equivalents


3,768


4,013


4,059


4,772


5,260


Brief-term investments


1,967


1,947


1,972


1,938


1,106


Money and money equivalents, and short-term investments


5,735


5,960


6,031


6,710


6,366


11


%


Receivables, web


461


507


423


778


521


13


%


STOCK-BASED COMPENSATION


Value of income


1


1


2


1


1


Analysis and growth


59


66


74


74


71


Advertising and marketing and gross sales


10


11


12


11


12


Common and administrative


21


24


25


25


25


Whole stock-based compensation


91


102


113


111


109


Class: Firm Information




Chris Evenden

Vice President, Investor Relations

650-628-0255

[email protected]


John Reseburg

Vice President, World Communications

650-628-3601

[email protected]

Supply: Digital Arts Inc.



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