- Frontier Developments
- 11 June 2025 17:17:17
Source: Sharecast
Revenue rose to £90.6m from £89.3m a year earlier, underpinned by a 25% increase in revenue from the company’s core creative management simulation (CMS) franchises - Planet Coaster, Planet Zoo, and Jurassic World Evolution - which collectively accounted for 77% of total sales.
Adjusted EBITDA was expected to come in between £8m and £9m, a sharp improvement from £0.9m last year, aided by a higher gross margin, lower costs, and a £3.5m gain from the sale of publishing rights for Stranded: Alien Dawn.
Cash rose by £13m to £42.5m over the year, supporting the announcement of a proposed share buyback of up to £10m, subject to shareholder approval.
Franchise performance was led by Planet Coaster, which delivered a near 200% revenue increase following the successful launch of Planet Coaster 2 across PC and consoles in November.
Planet Zoo saw modest growth, while Jurassic World Evolution held steady ahead of the upcoming release of Jurassic World Evolution 3, now confirmed for 21 October.
Elite Dangerous revenue jumped 76% year-on-year following the introduction of new content.
Looking ahead, the AIM-traded company said it expected continued growth in the 2026 financial year, supported by an expanding franchise portfolio.
As part of broader operational changes, Frontier said it had established a new executive board to drive decision-making efficiency.
The structure would be chaired by chief operating officer James Dixon, who had stepped down from the company’s main board to focus on operational leadership.
From 2026, the company said it would shift its primary financial key performance indicator from adjusted EBITDA to adjusted operating profit, which it said better reflected underlying performance and cash generation.
On that basis, adjusted operating profit for 2025 was expected to be between £11m and £12m, up from £4.1m in the prior year.
“Our strategy to refocus on creative management simulation (CMS) games is delivering, with almost 80% of revenue coming from our three genre-leading CMS game franchises - Planet Coaster, Planet Zoo and Jurassic World Evolution,” said chief executive officer Jonny Watts.
“These results have been achieved through the hard work of our teams.”
Watts said the company had started the new financial year with renewed confidence, a portfolio of games that was delivering, and an “exciting roadmap” of future games and content.
“Our next big release will be Jurassic World Evolution 3, where we intend to delight players with brand new creative tools and highly sought-after breeding and juvenile dinosaurs.”
At the close on Wednesday, shares in Frontier Developments were up 10.37% at 298p.
Reporting by Josh White for Sharecast.com.