Frontier Developments Full Year 2022 Earnings: EPS Beats Expectations

Frontier Developments (LON:FDEV) Full Year 2022 Results

Key Financial Results

• Revenue: UK£114.0m (up 26% from FY 2021).
• Net income: UK£9.63m (down 55% from FY 2021).
• Profit margin: 8.4% (down from 24% in FY 2021).
• EPS: UK£0.25 (down from UK£0.55 in FY 2021).

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

Frontier Developments EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in the United Kingdom.

Performance of the British Entertainment industry.

The company's shares are up 7.0% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Frontier Developments, and understanding these should be part of your investment process.

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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.