Earnings release
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FY25 UPDATE AND NOTICE OF TRADING UPDATE Released : 28 May 2025 07:00 RNS Number : 3030K Frontier Developments PLC 28 May 2025 28 May 2025 Frontier Developments plc FY25 Update and Notice of Trading Update Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Company', or the 'Group'), a leading developer and publisher of video games based in Cambridge, UK, is pleased to announce an update on trading for the 12 months ending 31 May 2025 ('FY25'). Trading Revenue for FY25 is expected to be approximately £90 million (FY24: £89.3 million ), which is ahead of expectations 1 through strong performances across Frontier's game portfolio. The better‐than‐expected revenue performance, further boosted with a gain of £3.5 million on the sale of the publishing rights for the Foundry game Stranded: Alien Dawn (which is not accounted for as revenue), will deliver stronger‐than‐expected profitability in FY25 and a higher‐than‐expected cash position. Notice of Trading Update The Company will provide further information on FY25 and current trading in a Trading Update on Wednesday 11 June 2025. The Company expects to hold a video call for analysts and institutional investors at 09.30am on the morning of the update. 1 The range of analysts' expectations for FY25 revenue is currently £85 million to £89 million The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. The person responsible for making this announcement on behalf of the Company is Alex Bevis. Enquiries: Frontier Developments +44 (0)1223 394 300 Jonny Watts, CEO Alex Bevis, CFO Peel Hunt ‐ Nomad and Joint Corporate Broker +44 (0)20 7418 8900 Neil Patel / Ben Cryer / Kate Bannatyne Panmure Liberum ‐ Joint Corporate Broker +44 (0)20 3100 2000 Max Jones / Nikhil Varghese Teneo +44 (0)20 7353 4200 Matt Low / Arthur Rogers About Frontier Developments plc Frontier is a leading independent developer and publisher of video games founded in 1994 by David Braben,
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co‐author of the iconic Elite game. Based in Cambridge, Frontier uses its proprietary COBRA game development technology to create innovative genre‐leading games, primarily for personal computers and video game consoles. Frontier's LEI number: 213800B9LGPWUAZ9GX18. www.frontier.co.uk This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END TSTARMRTMTBTBAA