Frontier Developments Delivers Strong FY25 Trading Update
Why we think this is very good
The trading update from Frontier Developments indicates the company's performance is exceeding market expectations. The revenue for FY25 is expected to be approximately £90 million, which is ahead of the current analyst range of £85 million to £89 million. Additionally, the company has reported a £3.5 million gain on the sale of publishing rights, further boosting profitability and cash position. This positive news suggests the company is delivering strong operational and financial results.
Key Points
- Revenue for FY25 expected to be approximately £90 million, ahead of analyst expectations
- £3.5 million gain on the sale of publishing rights for the Foundry game Stranded: Alien Dawn
- Stronger-than-expected profitability and higher-than-expected cash position in FY25
Summary
Frontier Developments plc (AIM: FDEV) has provided an update on trading for the 12 months ending 31 May 2025 ('FY25'). The company expects revenue for FY25 to be approximately £90 million, which is ahead of the current analyst expectations range of £85 million to £89 million. The better-than-expected revenue performance, along with a £3.5 million gain on the sale of publishing rights, will deliver stronger-than-expected profitability and a higher-than-expected cash position in FY25.