Formula 1
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Financial report98 pages
Annual Report and Accounts 2021
Frontier Developments achieved record financial results for the 2021 fiscal year, reporting £90.7 million in revenue and £19.9 million in operating profit.
- Frontier Developments reported record fiscal 2021 results of £90.7 million in revenue and £19.9 million in operating profit.
- The company's "Launch and Nurture" strategy emphasizes long-term support of existing franchises via updates and downloadable content, such as Elite Dangerous and Planet Zoo, to build multi-year revenue streams.
- Research and development investment rose 42% to £34.9 million, and headcount grew to over 600 employees.
Frontier DevelopmentsSep 2021
Financial report92 pages
Frontier Developments Annual Report and Accounts 2020
Frontier Developments’ 2020 fiscal year was defined by a successful transition to a self-publishing model, anchored by a "launch and nurture" strategy that emphasizes long-term engagement through post-launch updates and paid downloadable content.
- Frontier Developments achieved a milestone of 10 million base game units sold across its four core titles, supported by a 'launch and nurture' strategy focused on long-term engagement.
- The company reported £76.1 million in revenue for fiscal year 2020, maintaining a 22% operating profit margin and a cash position of £45.8 million despite a year-on-year revenue decline.
- The strategic roadmap aims to scale internal production to two major titles per year while expanding the Frontier Foundry third-party publishing label to five to six annual releases by fiscal year 2023.
Frontier DevelopmentsSep 2020