Frontier Developments First Half 2024 Earnings: UK£0.86 loss per share (vs UK£0.17 profit in 1H 2023)

Frontier Developments (LON:FDEV) First Half 2024 Results

Key Financial Results

• Revenue: UK£47.7m (down 17% from 1H 2023).
• Net loss: UK£33.1m (down from UK£6.72m profit in 1H 2023).
• UK£0.86 loss per share (down from UK£0.17 profit in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Frontier Developments Earnings Insights

Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Entertainment industry in the United Kingdom.

Performance of the British Entertainment industry.

The company's shares are up 6.0% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Frontier Developments (including 1 which is potentially serious).

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.