Updated Mar 23, 2026 by Frontier Developments
The company returned to profitability in H2 FY24 with an adjusted EBITDA of £5.8 million, a significant recovery from the £4.0 million loss recorded in H1 FY23.
Revenue declined 15% to £89.3 million as the company pivoted toward core creative management simulation (CMS) titles.
Gross margin improved by 9 percentage points to 69%, driven by a 25% reduction in cost-of-sales to £28.0 million.
Operating expenses were reduced by 9% to £65.3 million, supported by a 20% cut in annual operating costs following an organisational restructuring.
The sale of RollerCoaster Tycoon 3 publishing rights generated a £4.9 million gain, helping to bolster the year-end cash balance to £29.5 million.
Future growth is anchored by a pipeline featuring Planet Coaster 2, launching in autumn 2024, and a third Jurassic World game scheduled for FY26.
Management maintains a revenue target of £88 million for FY25, supported by the ongoing strategic focus on the CMS portfolio.
The company returned to profitability in H2 FY24 with an adjusted EBITDA of £5.8 million, a significant recovery from the £4.0 million loss recorded in H1 FY23.
Revenue declined 15% to £89.3 million as the company pivoted toward core creative management simulation (CMS) titles.
Gross margin improved by 9 percentage points to 69%, driven by a 25% reduction in cost-of-sales to £28.0 million.
Operating expenses were reduced by 9% to £65.3 million, supported by a 20% cut in annual operating costs following an organisational restructuring.
The sale of RollerCoaster Tycoon 3 publishing rights generated a £4.9 million gain, helping to bolster the year-end cash balance to £29.5 million.
Future growth is anchored by a pipeline featuring Planet Coaster 2, launching in autumn 2024, and a third Jurassic World game scheduled for FY26.
Management maintains a revenue target of £88 million for FY25, supported by the ongoing strategic focus on the CMS portfolio.