Updates

Frontier Developments

October 2023

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FDEV reported FY23 results with sales down 8% to £104.6m and an operating loss of £26.6m, which was wider than anticipated due to a non-cash impairment to the shuttered Foundry assets and a move to expense instead of capitalise the development costs for F1 Manager 2023. FDEV said FY24 has started solidly and whilst initial sales for the F1 Manager 2023 game (released 31 July) were lower than expected, it is expected to play catchup helped by the back catalogue and a confirmed “additional revenue stream,” which is reckoned to be an F1 Manager subscription deal, which will allow it to deliver its expected total revenue across the year for this game. Much more interesting to note is FDEV has confirmed 17 November as the releas ...

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Frontier Developments (December 2023)

Frontier Developments - FY25 forecast upgraded by £6.8m (November 2023)

Frontier Developments - F1 Manager 23 launch date set: 31 July (July 2023)

Frontier Developments - Current year started 1 June set to see two big launches (June 2023)

Frontier Developments (March 2023)

Frontier Developments - F1 game set for 25 August launch (July 2022)

Frontier Developments (December 2021)

Frontier Developments (February 2021)

Frontier Developments (October 2020)

Frontier Developments (July 2020)

Frontier Developments - More people at home playing video games (April 2020)

Frontier Developments (February 2020)

Frontier Developments - Launch schedule unveiled (December 2019)

Frontier Developments - Sales to beat consensus by 7% (July 2019)

Frontier Developments - Record revenues and profits (May 2019)

Frontier Developments - Market awaits imminent fourth launch (April 2019)

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