Transcended One
N4
Games: Mass Effect Trilogy, Dragon Age: Origins, Dragon Age 2, Dragon Age Inquisition, KOTOR, Baldur's Gate, Shattered Steel, Neverwinter Nights, Jade Empire, Mass Effect Andromeda
Origin: TranscendedOne
PSN: Cornughon
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Post by Transcended One on Aug 2, 2017 14:56:33 GMT
Yeah I went through the dedicated topic on General Discussion myself, and it was OP's interpretation of EA that MEA was a financial success. It was a major contributor to EA's earnings which were better than last year when we had Mirror's Edge among others. To call MEA a financial success would be an optimistic assumption, but it doesn't look like it's an outright failure in that regard. I mean, we just can't tell based on the info released. It was one of two major releases and was always going to be a "significant contributor." We don't know the breakdown among the titles or where expectations were. Any conclusion (either way) is completely groundless based on the contents of the call. Was Mirror's Edge released in exactly the same quarter? If not, it's not part of the YoY comparison. Also I don't think Mirror's Edge is comparable to ME or FIFA but maybe I'm wrong about that. Mirror's Edge was named in that topic, but I don't care enough about that title to be honest. The funny thing is that although you now say that any conclusion is groundless because there weren't any details released in how much MEA was a 'significant contributor', yet you claimed to know that the game was selling below expectations: Which accounts were you referring to then?
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Post by shinobiwan on Aug 2, 2017 15:00:38 GMT
I mean, we just can't tell based on the info released. It was one of two major releases and was always going to be a "significant contributor." We don't know the breakdown among the titles or where expectations were. Any conclusion (either way) is completely groundless based on the contents of the call. Was Mirror's Edge released in exactly the same quarter? If not, it's not part of the YoY comparison. Also I don't think Mirror's Edge is comparable to ME or FIFA but maybe I'm wrong about that. Mirror's Edge was named in that topic, but I don't care enough about that title to be honest. The funny thing is that although you now say that any conclusion is groundless because there weren't any details released in how much MEA was a 'significant contributor', yet you claimed to know that the game was selling below expectations: Which accounts were you referring to then? Someone cited 4.15 million in sales in the general forum, and EA was not the direct source. That's the highest I've seen mentioned (I have no idea if it's accurate). That would be below the 5 million target (again, not sure where that was taken from). What I'm taking about specifically here is interpreting the statements made quarterly call. Suggesting that they represent MEA as selling well is, frankly, baseless. That's not what they said, and it's hard to draw any conclusions regarding MEA from the info they provided.
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Transcended One
N4
Games: Mass Effect Trilogy, Dragon Age: Origins, Dragon Age 2, Dragon Age Inquisition, KOTOR, Baldur's Gate, Shattered Steel, Neverwinter Nights, Jade Empire, Mass Effect Andromeda
Origin: TranscendedOne
PSN: Cornughon
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Post by Transcended One on Aug 2, 2017 15:03:50 GMT
Mirror's Edge was named in that topic, but I don't care enough about that title to be honest. The funny thing is that although you now say that any conclusion is groundless because there weren't any details released in how much MEA was a 'significant contributor', yet you claimed to know that the game was selling below expectations: Which accounts were you referring to then? Someone cited 4.15 million in sales in the general forum, and EA was not the direct source. That's the highest I've seen mentioned (I have no idea if it's accurate). That would be below the 5 million target (again, not sure where that was taken from). What I'm taking about specifically here is interpreting the statements made quarterly call. Suggesting that they represent MEA as selling well is, frankly, baseless. That's not what they said, and it's hard to draw any conclusions regarding MEA from the info they provided. Ah so your claim was just as baseless as mine Good to have that cleared up!
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BadgerladDK
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Post by BadgerladDK on Aug 2, 2017 15:08:32 GMT
Yeah I went through the dedicated topic on General Discussion myself, and it was OP's interpretation of EA that MEA was a financial success. It was a major contributor to EA's earnings which were better than last year when we had Mirror's Edge among others. To call MEA a financial success would be an optimistic assumption, but it doesn't look like it's an outright failure in that regard. I mean, we just can't tell based on the info released. It was one of two major releases and was always going to be a "significant contributor." We don't know the breakdown among the titles or where expectations were. Any conclusion (either way) is completely groundless based on the contents of the call. Was Mirror's Edge released in exactly the same quarter? If not, it's not part of the YoY comparison. Also I don't think Mirror's Edge is comparable to ME or FIFA but maybe I'm wrong about that. Mirror's edge (which was not a hit) plants vs zombies 2, and a ufc game (by far the smallest in the EA Sports stable). So yeah, not the highest bar to set for year on year growth.
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Post by shinobiwan on Aug 2, 2017 15:13:30 GMT
Someone cited 4.15 million in sales in the general forum, and EA was not the direct source. That's the highest I've seen mentioned (I have no idea if it's accurate). That would be below the 5 million target (again, not sure where that was taken from). What I'm taking about specifically here is interpreting the statements made quarterly call. Suggesting that they represent MEA as selling well is, frankly, baseless. That's not what they said, and it's hard to draw any conclusions regarding MEA from the info they provided. Ah so your claim was just as baseless as mine Good to have that cleared up! I mean, I reported what I saw others say and noted that even by the highest accounts, it looks like it may have missed the mark. I never endorsed those figures. And obviously sales is only part of the picture with MEA's revenue model. Citing the call to prove a point about MEA's success is just a misinterpretation. One piece of info I can add is that a 10% revenue increase, for a growth company in an unconsolidated market, is not terrific. But again, there's not really enough info to know what was going on with MEA specifically.
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Post by shinobiwan on Aug 2, 2017 15:16:57 GMT
I mean, we just can't tell based on the info released. It was one of two major releases and was always going to be a "significant contributor." We don't know the breakdown among the titles or where expectations were. Any conclusion (either way) is completely groundless based on the contents of the call. Was Mirror's Edge released in exactly the same quarter? If not, it's not part of the YoY comparison. Also I don't think Mirror's Edge is comparable to ME or FIFA but maybe I'm wrong about that. Mirror's edge (which was not a hit) plants vs zombies 2, and a ufc game (by far the smallest in the EA Sports stable). So yeah, not the highest bar to set for year on year growth. Yeah, that's not good. And I believe FIFA is one of their cash cows. I wonder if they've issued their 10-Q yet. That might have better info.
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jadedragonmtr
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Games: Mass Effect Trilogy, Dragon Age: Origins, Dragon Age 2, Dragon Age Inquisition, KOTOR, Baldur's Gate, Neverwinter Nights, Jade Empire, Mass Effect Andromeda
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Post by jadedragonmtr on Aug 2, 2017 15:24:13 GMT
All of this is for us to try and figure out if we'll ever see the Quarian Ark DLC. EA has been very wishy-washy about Amdromeda sales vs. expectations. Could it be that they haven't decided yet what to do with future ME content? I do want to keep hope that the DLC is a possibility, but EA Motive has always been the place for Battlefront and nothing but Star Wars content. Perhaps we hang our hope on Edmonton?
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Games: Mass Effect Trilogy, Dragon Age: Origins, Dragon Age 2, Dragon Age Inquisition, KOTOR, Baldur's Gate, Jade Empire, Mass Effect Andromeda, SWTOR, Dragon Age The Veilguard
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Post by Scathane on Aug 2, 2017 15:36:21 GMT
Yeah I went through the dedicated topic on General Discussion myself, and it was OP's interpretation of EA that MEA was a financial success. Linkage? #cantseemtofinditmyself
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jadedragonmtr
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Origin: JadeDragonMTR
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Post by jadedragonmtr on Aug 2, 2017 15:58:19 GMT
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Post by shinobiwan on Aug 2, 2017 16:40:47 GMT
I looked through EA's 10-K. FIFA 17 accounted for 11% of EA's net revenue for the entire fiscal year. So it's not looking like MEA provided the lion's share of that modest 10% bump.
The annual report talks about FIFA a lot throughout and doesn't even mention MEA.
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Transcended One
N4
Games: Mass Effect Trilogy, Dragon Age: Origins, Dragon Age 2, Dragon Age Inquisition, KOTOR, Baldur's Gate, Shattered Steel, Neverwinter Nights, Jade Empire, Mass Effect Andromeda
Origin: TranscendedOne
PSN: Cornughon
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Post by Transcended One on Aug 2, 2017 16:59:57 GMT
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Post by JRandall0308 on Aug 2, 2017 17:42:30 GMT
So one thing to keep in mind is that as a publicly traded company, EA has to be careful what they say.
If they say on an investor call that MEA contributed to their financial success then it means exactly what they said.
(And no you're never going to get the actual numbers unless you have access to EA's detailed financial records, which you don't, so shut up about it.)
Unless you would like to assert that EA is lying about stuff to investors. Which is possible, and does sometimes happen (Enron blah blah blah) but -- if you assume bad faith and lies, you have taken the first step on the road of destructive skepticism, and we may as well cut to the chase and just assert we can never know anything about anything and give up.
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Post by shinobiwan on Aug 2, 2017 18:00:51 GMT
So one thing to keep in mind is that as a publicly traded company, EA has to be careful what they say. If they say on an investor call that MEA contributed to their financial success then it means exactly what they said. (And no you're never going to get the actual numbers unless you have access to EA's detailed financial records, which you don't, so shut up about it.) Unless you would like to assert that EA is lying about stuff to investors. Which is possible, and does sometimes happen (Enron blah blah blah) but -- if you assume bad faith and lies, you have taken the first step on the road of destructive skepticism, and we may as well cut to the chase and just assert we can never know anything about anything and give up. Yes, but you also need to read the statements literally. They only said it was a "significant contributor" to their revenues for the quarter. That can easily be true with MEA nonetheless falling far below projected sales. I haven't seen anyone accuse them of misrepresenting anything in their statements, but what they said doesn't support the conclusion drawn here that MEA was "successful" financially. Not even EA said that.
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Post by someN7orother on Aug 2, 2017 18:05:10 GMT
Yeah, maybe an actual accountant can correct me, but so far all this talk about Andromeda being a financial success is based on statements about revenue and sales, rather than profit.
So EA aren't lying if they say revenue is up YoY with Andromeda being "a significant contributor", but that doesn't preclude that they could be close to breakeven or even lost money with it.
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Post by shinobiwan on Aug 2, 2017 18:12:20 GMT
Yeah, maybe an actual accountant can correct me, but so far all this talk about Andromeda being a financial success is based on statements about revenue and sales, rather than profit. So EA aren't lying if they say revenue is up YoY with Andromeda being "a significant contributor", but that doesn't preclude that they could be close to breakeven or even lost money with it. Well, EBiTDA is the key metric, which is closely related to revenues. I don't think there's any question that they profited, but they need to do more than slightly better than breaking even. They're trying to get a good rate of return on their investment, and they're only going to fund the projects that provide the highest returns.
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Post by JRandall0308 on Aug 2, 2017 18:17:52 GMT
Someone more versed in Kremlinology tealeaf reading outright witchcraft financial reporting could look at past calls every time EA has said "significant contributor" and then try to look for financial around those products and see what it means.
Or... fuck it not even I am bored enough to do this.
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Post by shinobiwan on Aug 2, 2017 18:21:20 GMT
Someone more versed in Kremlinology tealeaf reading outright witchcraft financial reporting could look at past calls every time EA has said "significant contributor" and then try to look for financial around those products and see what it means. Or... fuck it not even I am bored enough to do this. I looked at their annual report and their proxy for their annual meeting. They don't report revenues on a game by game basis. The statement is vague, and I doubt we'll ever get those figures.
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