Planet Coaster
GameBy Frontier Developments · Released Nov 17, 2016
Documents about Planet Coaster
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.
Frontier Developments Interim Management Report 2017
Frontier Developments successfully completed a strategic transition to a self-publishing model during the six-month period ending November 2016, marking a pivotal shift in its operational structure.
- Frontier Developments completed its transition to a self-publishing model during the six months ending November 2016, a pivotal shift in its operational structure.
- Revenue rose 66% to £18.1 million and EBITDA rose 179% to £5.8 million, a decisive turnaround from the prior year.
- The company reports no debt and sufficient cash reserves to fund future development, leaving it in a robust financial position.
Frontier Developments Annual Report and Accounts 2016
Frontier Developments successfully completed a pivotal strategic transition during the 2016 fiscal year, shifting from a work-for-hire service provider to a self-publishing entity.
- Frontier Developments completed its shift from work-for-hire services to self-publishing in the year ended May 31, 2016, aiming for a repeatable multi-franchise model built on its proprietary COBRA technology.
- Revenue was £21.4 million, of which £21.0 million (about 98%) came from self-published titles, showing the transition is essentially complete.
- Profit after tax was £1.43 million, so the company stayed profitable despite heavy investment in new titles.
Frontier Developments plc: Half Yearly Results 2016
Frontier Developments plc achieved a significant financial turnaround during the six-month period ending 30 November 2015, marking a successful progression in its transition toward a self-publishing business model.
- Frontier Developments' revenue rose 50% to £10.9 million in the six months to 30 November 2015, up from £7.3 million a year earlier.
- The company swung to a £0.4 million profit from a £1.9 million loss in the prior-year period, while EBITDA rose to £2.1 million from £0.5 million.
- Elite Dangerous drove the growth, reaching 1.2 million units sold by end-November 2015 and 1.4 million by end-December.
Frontier Developments Annual Report and Accounts 2015
Frontier Developments successfully executed a pivotal strategic transition during the 2015 fiscal year, shifting from a contract-based work-for-hire developer to an independent, self-publishing entity.
- Frontier Developments shifted in fiscal 2015 from contract-based work-for-hire development to independent self-publishing, removing its dependence on third-party publishers.
- Elite Dangerous, a space simulation title, was the main driver of this transition and of the company's financial turnaround.
- Revenue rose 139% to £22.8 million, driven by the move to self-publishing.
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' Annual Report and Accounts for the year to 31 May 2024 (FY24) describes a difficult year and a strategic reset toward creative management simulation (CMS) games.
- 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.
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