Frontier Developments Income Statement

Financials in millions GBP. Fiscal year is June - May.

Millions GBP. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Nov '24 Nov 30, 2024	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021	May '20 May 31, 2020	2015 - 2019
Revenue	88.88	89.27	104.58	114.03	90.69	76.09	Upgrade
Revenue Growth (YoY)	-6.57%	-14.64%	-8.29%	25.74%	19.19%	-15.14%	Upgrade
Cost of Revenue	27.63	27.95	37.23	40.42	27.54	24.53	Upgrade
Gross Profit	61.26	61.32	67.35	73.61	63.15	51.56	Upgrade
Selling, General & Admin	21.64	25.29	26.07	25.9	21.21	18.92	Upgrade
Research & Development	36.12	50.95	49.74	38.78	22.03	16.01	Upgrade
Other Operating Expenses	-4.85	-4.85	-	-	-	-	Upgrade
Operating Expenses	52.91	71.39	75.81	64.68	43.23	34.93	Upgrade
Operating Income	8.35	-10.08	-8.46	8.93	19.92	16.62	Upgrade
Interest Expense	-0.37	-0.01	-	-0.59	-0.73	-0.4	Upgrade
Interest & Investment Income	-	-	0.07	-	-	-	Upgrade
EBT Excluding Unusual Items	7.98	-10.09	-8.39	8.34	19.19	16.22	Upgrade
Merger & Restructuring Charges	1.1	-1.41	-	-	-	-	Upgrade
Asset Writedown	-	-16.93	-18.12	-7.4	-	-	Upgrade
Pretax Income	9.07	-28.43	-26.51	0.94	19.19	16.22	Upgrade
Income Tax Expense	-6.95	-6.95	-5.6	-8.68	-2.37	0.33	Upgrade
Net Income	16.03	-21.47	-20.91	9.63	21.56	15.89	Upgrade
Net Income to Common	16.03	-21.47	-20.91	9.63	21.56	15.89	Upgrade
Net Income Growth	-	-	-	-55.34%	35.64%	-11.65%	Upgrade
Shares Outstanding (Basic)	39	39	39	39	39	38	Upgrade
Shares Outstanding (Diluted)	39	39	39	41	40	40	Upgrade
Shares Change (YoY)	0.96%	-1.07%	-3.89%	0.33%	0.38%	0.15%	Upgrade
EPS (Basic)	0.41	-0.56	-0.54	0.25	0.55	0.41	Upgrade
EPS (Diluted)	0.41	-0.56	-0.54	0.24	0.53	0.39	Upgrade
EPS Growth	-	-	-	-55.54%	35.28%	-11.86%	Upgrade
Free Cash Flow	40.07	30.67	46.54	38.66	37.58	31.75	Upgrade
Free Cash Flow Per Share	1.02	0.79	1.19	0.95	0.93	0.79	Upgrade
Gross Margin	68.92%	68.69%	64.40%	64.55%	69.63%	67.76%	Upgrade
Operating Margin	9.40%	-11.29%	-8.09%	7.83%	21.96%	21.85%	Upgrade
Profit Margin	18.03%	-24.05%	-19.99%	8.44%	23.77%	20.89%	Upgrade
Free Cash Flow Margin	45.08%	34.35%	44.50%	33.90%	41.44%	41.73%	Upgrade
EBITDA	10.07	-6.47	-4.84	12.61	21.14	18.35	Upgrade
EBITDA Margin	11.33%	-7.24%	-4.63%	11.06%	23.31%	24.11%	Upgrade
D&A For EBITDA	1.72	3.61	3.63	3.68	1.22	1.72	Upgrade
EBIT	8.35	-10.08	-8.46	8.93	19.92	16.62	Upgrade
EBIT Margin	9.40%	-11.29%	-8.09%	7.83%	21.96%	21.85%	Upgrade
Effective Tax Rate	-	-	-	-	-	2.03%	Upgrade

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.