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Share Price Information for Frontier Dev (FDEV)

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Share Price: 263.00
Bid: 262.00
Ask: 266.00
Change: 3.00 (1.15%)
Spread: 4.00 (1.527%)
Open: 266.50
High: 266.50
Low: 262.00
Prev. Close: 260.00
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Frontier Development turns in record first half results

Wed, 06th Feb 2019 08:03

(Sharecast News) - Video games publisher Frontier Developments saw revenues and earnings rise to record levels in the first half of its trading year.Frontier reported a 261% surge in EBITDA to £21.7m, driven by a 240% jump in revenues to reach £64.7m and an improved operating margin of 27% - up from the 16% recorded a year earlier.The AIM-listed outfit attributed much of the performance to the launch of its biggest title to date, Jurassic World Evolution, which sold more than 1m units in the first five weeks following its release.Frontier also recorded a 1,550% surge in operating cash flow to £16.5m, while cash balances shot up 35% to £39.5m for the six months ended 30 November.Looking forward, Frontier revealed that it had turned in a "good trading performance" in the all-important holiday period and that it was now "comfortable" with analysts' projections of £79m-88m in revenues for the full year.Chief executive David Braben said: "It's particularly pleasing that our most recent launch, Jurassic World Evolution, has been our biggest to date."However, I believe we are still at the start of our journey; we have a lot of exciting opportunities ahead of us driven by our resources, capability and experience, our strong partnerships, and the widening opportunities for games companies within the ever-changing entertainment industry."As of 1100 GMT, Frontier shares had climbed 7.87% to 960p.
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5 Sep 2018 17:21

DIRECTOR DEALINGS: Frontier Developments Chairman Buys Shares

LONDON (Alliance News) - Video game developer Frontier Developments PLC said Chairman David Gammon purchased 5,000 shares at a price of 1,045 pence per share on Wednesday on behalf of his personal

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5 Sep 2018 12:52

Frontier Developments fails to push investors' buttons as revenue dips

(Sharecast News) - Videogame developer Frontier Developments saw its shares dip on Wednesday after a fall in revenue and increased investment in research and development cut annual profits.

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30 Aug 2018 13:50

Thursday broker round-up

(Sharecast News) - Bellway: Deutsche Bank upgrades to buy with a target price of 2,745p

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29 Aug 2018 16:15

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 30 August HaysFull Year ResultsArrow GlobalHalf Year GroupHalf Year 31

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12 Jun 2018 11:59

Frontier Developments Expects Annual Earnings Ahead Of Market Views

LONDON (Alliance News) - Frontier Developments PLC on Tuesday said it traded ahead of expectations despite predicting a year-on-year drop in revenue in its most recently ended financial video said

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3 Apr 2018 12:47

Frontier Developments To Release Jurassic World Game On June 12

LONDON (Alliance News) - Video game developer Frontier Developments PLC said on Tuesday it will release its new game, Jurassic World Evolution, on June 12, to coincide with E3

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9 Feb 2017 08:22

Frontier Developments Interim Profit Jumps Eightfold As Revenue Rises

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16 Jan 2017 09:27

BROKER RATINGS SUMMARY: Liberum Puts Rating On Ashmore Under Review

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16 Jan 2017 08:14

Frontier Developments revenue rises as it rolls out second video game

(ShareCast News) - Video game company Frontier Developments revenue surged in the second half of the year as it rolled out its second franchise and expects to meet its targets for the full year. Revenue for the six months ended 30 November 2016 surged 66% to about £18.1m, compared to the first half

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18 Nov 2016 08:03

Frontier Developments launches second self-published game

(ShareCast News) - AIM-listed game developer Frontier Developments has released its second self-published franchise on Thursday. The new franchise, Planet Coaster, builds on the company's experience with rollercoaster park simulation games, as it previously released a game in the genre, RollerCoaste

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15 Nov 2016 16:37

DIRECTOR DEALINGS: Frontier Developments Connected Person Buys Shares

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21 Oct 2016 09:01

Frontier Developments appoints new CFO

(ShareCast News) - Frontier Developments, an AIM-listed video games developer in Cambridge, has appointed Alex Bevis as chief financial officer starting 1 April 2017. Bevis takes over the role from Neil Armstrong, who will move into an operational role within the company. He joins the company from

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8 Sep 2016 14:26

Frontier Developments posts drop in full-year earnings

(ShareCast News) - Video game developer Frontier Developments published its full year results to 31 May on Thursday, with revenue reducing to £21.4m from £22.8m. The AIM-traded firm reported revenue from self-published games of £21m, up from £18.6m, and an EBITDA of £4.9m, down sizably from £6.1m a

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6 Jul 2016 11:11

Frontier Developments' revenues rise with new video games in the pipeline

(ShareCast News) - Video game developer Frontier Developments' half year revenue increased as it invested in forthcoming projects expected to yield sales. The AIM listed company reported in its half year trading update ended 31 May that revenue in its self-publishing unit grew year-on-year by 13%, w

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6 Jul 2016 07:34

Frontier Developments Revenue Down As Progresses Self-Publishing

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