Frontier Developments plc (AIM:FDEV)

London · Delayed Price · Currency is GBP · Price in GBX

430.00

+11.00 (2.63%)

Jul 27, 2026, 4:35 PM GMT

Frontier Developments Financials Overview

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

Millions GBP. Fiscal year is Jun - May.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	102.94	90.6	89.27	104.58	114.03	90.69
Revenue Growth	13.62%	1.49%	-14.64%	-8.29%	25.74%	19.19%
Gross Profit	68.44	63.34	61.32	67.35	73.61	63.15
Operating Income	15.92	12.65	-28.41	-26.58	1.54	19.92
Net Income	20	16.39	-21.47	-20.91	9.63	21.56
Earnings Per Share	0.50	0.41	-0.56	-0.54	0.24	0.53
EPS Growth	22.36%	-	-	-	-55.54%	35.28%

Revenue by Geography

Fiscal Year	FY 2025	FY 2024
Period Ending	May '25 May 31, 2025	May '24 May 31, 2024
United Kingdom	11.46	10.14
Rest Of Europe	29.5	27.74
United States of America	31.78	31.01
Rest of The World	17.87	20.39
Total	90.6	89.27

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Investments	40.11	42.5	29.52	28.31	38.7	42.42
Total Debt	18.56	19.47	21.28	19.28	20.74	22.16
Net Cash (Debt)	21.55	23.04	8.24	9.03	17.96	20.27
Net Cash Growth	-6.45%	179.55%	-8.78%	-49.70%	-11.37%	-8.78%
Net Cash Per Share	0.54	0.57	0.21	0.23	0.44	0.50

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Operating Cash Flow	49.33	41.51	31.63	47.88	41.16	38.95
Capital Expenditures	-0.26	-0.34	-0.96	-1.34	-2.5	-1.38
Free Cash Flow	49.07	41.17	30.67	46.54	38.66	37.58
Free Cash Flow Growth	19.20%	34.24%	-34.11%	20.39%	2.87%	18.36%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Gross Margin	66.48%	69.92%	68.69%	64.40%	64.55%	69.63%
Operating Margin	15.47%	13.96%	-31.83%	-25.42%	1.35%	21.96%
Pretax Margin	15.55%	13.71%	-31.84%	-25.35%	0.83%	21.15%
Profit Margin	11.67%	9.33%	-39.63%	-30.71%	-6.79%	18.54%
FCF Margin	47.67%	45.44%	34.35%	44.50%	33.90%	41.44%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
PE Ratio	8.65	6.12	-	-	52.66	48.22
Forward PE	9.82	33.20	96.55	27.65	37.55	41.85
P/FCF Ratio	3.11	2.34	3.31	4.50	12.65	26.61
PS Ratio	1.48	1.06	1.14	2.00	4.29	11.03