Frontier Developments Share Discussion Threads

[barnes4] 11/9/2024 07:06

I don’t see any 🚀

[parob] 11/9/2024 07:04

Some investors were obviously a little nervous going into these results hence the pullback, but with everything on track for FY25 expectations, FY24 can now be put behind them and we can look forward to a CMS focussed future and return to profitability.

[mortal1ty] 11/9/2024 06:43

Ah I missed the recent net cash number. 28.5m at end of August.

Got to keep an eye on that cash balance... Sadly it worth 1/3 of the company lol.

[sbb1x] 11/9/2024 06:38

Loss was known.Cash position was known.Moving forward looking good.,

[mr euro] 11/9/2024 06:26

The non-cash impairments were reported in H1, old news. Look at the H2 numbers, as stated in the results, the year was a story of 2 half's.

[parob] 11/9/2024 06:25

"Board remains confident of delivering profit in FY25 as the next step to improved financial performance and sustainable growth"

[mortal1ty] 11/9/2024 06:22

Trader - they already reported a 31m loss in H1 from mainly non-cash impairments. It's already known about. That means in H2 they recovered to a profit. So business back to profit and forecasting one too.

I do agree though. So simple minded people might not know this. Headline numbers look rough now but not next year we hope

[parob] 11/9/2024 06:20

Yep appears all on track. Happy with the results and outlook FY25 TRADINGWe have seen a good start to the new financial year. This has been headed by the ongoing strength of the CMS-led back catalogue, with Planet Zoo and Jurassic World Evolution 2 again the star performers. Outside of the CMS genre, we were pleased to release F1® Manager 2024, our third iteration in the F1® Manager Franchise, in July 2024. Our team continues to develop and expand the experiences for Elite Dangerous players as we head towards our tenth anniversary at the end of 2024.CASH POSITION AND CASHFLOWWe remain well capitalised, with £29.5 million of cash at 31 May 2024 (31 May 2023: £28.3 million) and £28.5 million at 31 August 2024. Frontier has no debt. The increase in cash during FY24 reflected a strong trading performance in the second half of FY24, cost reductions from the Organisational Review, the sale of RCT3 publishing rights and receipt of tax credits of £9.2 million covering two years' worth of tax returns (FY22 and FY23).

[mortal1ty] 11/9/2024 06:14

Nothing new in the results. Looks like a decent performance in a difficult year... Just need to produce good games now.

"We now have what I believe is Frontier's strongest-ever roadmap, with three self-published CMS games planned for the next three consecutive financial years, underpinning our realigned focus."

[trader465] 11/9/2024 06:14

A £28m loss ouch.

[mr euro] 10/9/2024 19:04

You pays your money you take your choice. Sometimes you have to make your bets and stick with it until the story changes.

You can read my posts from sometime ago and I have always been about the mid/long term roadmap. Nothing has changed despite the weekly share price volatility.

If we are up or down 30% tomorrow it makes no difference to me. I am with the story on this one.

PC2 will be huge IMHO. Not seen such a buzz around a title from FDEV for a long time.

I doubt there are too many bigger private investors in FDEV than me. If I have got it wrong, then we move on and correct the mistake for next time.

[sbb1x] 10/9/2024 14:39

39.42m shares in issue x a fiver equals just under 200m mkt cap. If that planet coaster 2 is a success this could be a fiver next year imo

[barnes4] 10/9/2024 14:20

I wish I could but I guarantee this won’t go up tomorrow

[grahamytrain] 10/9/2024 13:40

Looks like barnes4 was right…..and he declared his call with such assertiveness? Hopefully he can tell us all when it is going to start to rise again?

[sbb1x] 10/9/2024 12:50

Why would it go down tomorrow, last few few updates its risen

[barnes4] 10/9/2024 11:57

It is going down tomorrow make no mistake about that

[trader465] 10/9/2024 11:37

£7 is +200%, why would you expect 200% in 9 months? How many months has the fall from £7 taken? 27 months? Why would you expect the rise back take lees time than the 27 months or 3 years it’s taken to fall?

[barnes4] 10/9/2024 10:49

Nowhere near by the looks of things

[mr euro] 09/9/2024 13:26

I'm expecting to tread water until PC2 gets close to release. I don't expect anything meaningful to come from the results; I am fine with avoiding any PC 2 delays. Perhaps F1 2024 over achieved target which would be a bonus.

Lets come back in 9 months and see how close we are to £7.

[trader465] 09/9/2024 12:30

How did you reach that conclusion?

[caveater] 09/9/2024 10:12

Nice rise they must be expecting decent figures for full-year results.

[juliemara] 09/9/2024 09:44

A pleasant change of hue!

[sbb1x] 09/9/2024 09:24

Looks like the bid is very weak to sell.

[stuarti10] 08/9/2024 18:37

Planet zoo top 100 global on the steam charts