Jurassic World

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 Interim Results: H1 FY21

Frontier Developments achieved significant financial growth during the first half of the 2021 fiscal year, characterized by a 15 percent increase in revenue to £36.9 million.

Annual Report and Accounts 2019: Frontier Developments

Frontier Developments achieved a period of transformative financial growth during the 2019 fiscal year, characterized by a shift toward a self-publishing model that yielded record-breaking results.

• Frontier Developments achieved record financial results in fiscal year 2019, with revenue increasing by over 160% to £89.7 million and operating profit reaching £19.4 million.
• Financial growth was primarily driven by the launch of Jurassic World Evolution and the continued performance of established titles Elite Dangerous and Planet Coaster.
• The company maintains a strong balance sheet with £35.3 million in net cash and total net assets of £71.7 million.

Frontier Developments plc: Interim Results 2019

Frontier Developments achieved record financial performance during the six months ending November 30, 2018, characterized by a 240% surge in revenue to £64.7 million.

• Frontier Developments achieved record financial performance for the six months ending November 30, 2018, with revenue surging 240% to £64.7 million.
• Operating profit grew significantly to £17.2 million, up from £3.0 million in the same period the previous year.
• Basic earnings per share increased to 40.2 pence from 8.0 pence, supported by a strong cash position of £39.5 million.

Frontier Developments Annual Report and Accounts 2018

Frontier Developments’ 2018 fiscal year represents a pivotal transition toward a scalable, multi-franchise, self-publishing model.

• Frontier Developments secured a £17.7 million strategic investment from Tencent, resulting in a year-end cash position of £24.1 million.
• Total revenue for the 2018 fiscal year reached £34.2 million, while operating profit decreased to £2.8 million due to prioritized spending on R&D and marketing.
• The launch of Jurassic World Evolution was a primary growth driver, achieving over 1 million unit sales within its first five weeks.

Frontier Developments Interim Results: 2018

Frontier Developments plc, a UK-based independent video game developer, maintained a stable financial performance for the six-month period ending November 30, 2017.

• Frontier Developments secured a £17.7 million strategic investment from Tencent in July 2017, significantly strengthening the company's cash position to £29.1 million by November 30, 2017.
• Revenue for the first half of fiscal year 2018 reached £19.0 million, a slight increase from the £18.1 million recorded in the same period of the previous year.
• Operating profit was £3.0 million with a 16% margin, down from 20% in the prior year due to a 5% reduction in gross profit margin caused by digital distribution costs and physical disc sales.

Frontier Developments Annual Report and Accounts 2017

Frontier Developments successfully executed a strategic transition to a self-publishing business model during the 2017 fiscal year, establishing a foundation for long-term, multi-franchise growth.

• Frontier Developments achieved a 75% revenue increase to £37.4 million and a 550% surge in operating profit to £7.8 million during the 2017 fiscal year.
• The company successfully transitioned to a self-publishing model, anchored by the performance of Elite Dangerous and the launch of Planet Coaster.
• A strategic investment of £17.7 million from Tencent, combined with £12.6 million in cash reserves as of May 2017, provides significant liquidity for future operations.

FY26 Financial Results: Evolution and Growth

Frontier Developments achieved record-breaking financial performance in fiscal year 2026, characterized by a 16 percent revenue increase to £104.8 million and a 62 percent surge in adjusted operating profit to £21.4 million.

• Frontier Developments reported record FY26 revenue of £104.8 million, a 16% increase, and a 62% surge in adjusted operating profit to £21.4 million.
• Basic earnings per share rose to 74.6p from 42.4p, driven by the success of the Creative Management Simulation portfolio and the launch of Jurassic World Evolution 3.
• The company maintains a debt-free balance sheet with £51.4 million in cash and cash equivalents, supporting a £15.5 million share buyback and a £5 million special dividend.

Trading Update: FY26 Provisional Financial Results

Frontier Developments reports record financial performance for the 2026 fiscal year, driven by a strategic pivot toward the Creative Management Simulation (CMS) genre.

• Frontier Developments achieved record FY26 financial results with £104.8 million in revenue, a 16% year-over-year increase, and a record adjusted operating profit of £19 million.
• The company’s strategic pivot to the Creative Management Simulation (CMS) genre has proven successful, with 89% of total revenue now derived from paid downloadable content (PDLC) for existing franchises.
• The Planet Zoo franchise has generated £156 million in total revenue since launch, with 45% of that figure attributed specifically to PDLC sales.

Trading Update: FY26

Frontier Developments achieved record financial results for the fiscal year ending 31 May 2026, driven by a strategic focus on the Creative Management Simulation (CMS) genre.

• Frontier Developments achieved record FY26 results with £104.8 million in revenue, a 16% year-on-year increase, and a 44% rise in adjusted operating profit to £19.0 million.
• The Creative Management Simulation (CMS) genre is the company's primary growth engine, contributing nearly 90% of total annual revenue.
• Disciplined cost management limited gross operating cost growth to 3%, while the company maintained a strong cash position of £44.0 million despite £17.5 million in share buybacks and trust acquisitions.

Annual Report and Accounts 2024

Frontier Developments’ 2024 fiscal year was defined by a strategic reset aimed at restoring long-term financial stability following a period of performance volatility.

• Frontier plans to release three self-published CMS (Creative Management Simulation) games in the next three consecutive financial years: Planet Coaster 2 in autumn 2024 (FY25), a new Jurassic World game in FY26, and a third unannounced CMS game in FY27.
• Frontier reported a loss before taxation of £28.425 million for the 12 months ending May 31, 2024, an increase from £26.509 million in the previous year.
• Net cashflows from operating activities decreased to £31.625 million in FY24 from £47.875 million in FY23, while net cashflows used in investing activities improved to (£27.868 million) from (£52.310 million).

FY24 Financial Results: Reset and Back on Track

Frontier Developments navigated a transitional fiscal year in 2024, characterized by a strategic pivot toward its core creative management simulation (CMS) portfolio.

• Frontier Developments plc reported FY24 revenue of £89.3 million, a decrease from £104.6 million in FY23, but exceeded expectations due to strong H2 performance from creative management simulation (CMS) back catalogue games.
• The company implemented a strategic reset in H1 FY24 to focus on CMS games, followed by an Organizational Review in H2 FY24 that reduced annual operating costs by approximately 20% and led to a return to profitability on an Adjusted EBITDA basis in H2.
• Despite the strategic shift, Frontier recorded an IFRS operating loss of (£28.4 million) in FY24, slightly worse than (£26.6 million) in FY23, largely due to impairment charges, including £16.9 million for Warhammer Age of Sigmar: Realms of Ruin.