Zoo Tycoon

Frontier Developments Half Year Trading Update

Frontier Developments is currently executing a strategic transition from a traditional developer for external publishers to a self-publishing model supported by proprietary technology.

• Frontier Developments is transitioning to a self-publishing model, leading to a planned reduction in headline revenue and EBITDA for the six-month period ending 30 November 2013.
• The company maintains a stable financial position with over £11 million in cash to support its ongoing investment in internal intellectual property.
• Development of Elite: Dangerous has secured over £2.1 million in funding from more than 40,900 backers and has successfully launched Alpha Phase One.