Updated Mar 23, 2026 by Frontier Developments
Frontier Developments achieved a significant financial turnaround in H1 FY25, swinging from a £4.9 million EBITDA loss in the prior year to a £4.4 million profit.
Operating profit reached £4.5 million, a substantial recovery from the £33.3 million loss reported in H1 FY24, driven by aggressive cost-cutting measures and the closure of the Frontier Foundry division.
The November 6 launch of Planet Coaster 2 generated 22% of total H1 revenue, selling over 400,000 units across PC, PS5, and Xbox Series platforms within two months.
Disciplined cost management reduced adjusted operating costs by 25% to £28.5 million, with R&D expenses falling 21% and administrative/marketing costs dropping 32%.
Cash reserves strengthened to £30.5 million by December 31, 2024, up from £27.2 million at the end of November.
Gross profit margins improved to 70% from 69%, supported by steady performance from existing titles like Planet Zoo and Jurassic World Evolution 2 alongside new content for Elite Dangerous.
Frontier Developments achieved a significant financial turnaround in H1 FY25, swinging from a £4.9 million EBITDA loss in the prior year to a £4.4 million profit.
Operating profit reached £4.5 million, a substantial recovery from the £33.3 million loss reported in H1 FY24, driven by aggressive cost-cutting measures and the closure of the Frontier Foundry division.
The November 6 launch of Planet Coaster 2 generated 22% of total H1 revenue, selling over 400,000 units across PC, PS5, and Xbox Series platforms within two months.
Disciplined cost management reduced adjusted operating costs by 25% to £28.5 million, with R&D expenses falling 21% and administrative/marketing costs dropping 32%.
Cash reserves strengthened to £30.5 million by December 31, 2024, up from £27.2 million at the end of November.
Gross profit margins improved to 70% from 69%, supported by steady performance from existing titles like Planet Zoo and Jurassic World Evolution 2 alongside new content for Elite Dangerous.