Frontier Developments

FDEV · AIM · Consumer Products and Services · mcap £193m · 605.0p

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Financials · LTM to 31 May 26

Source: results 09 Sep 26 ↗

Revenue: £105m
Operating profit: £25.0m
Net income: £27.3m
Free cash flow: £17.1m
Net cash: £44.0m
Market cap: £215m
EV / EBIT: 6.8×
FCF yield: +8.0%
Price / book: 2.0×

Latest half-year · H1 Nov 25 vs H1 Nov 24 results 14 Jan 26 ↗

Revenue: £59.6m
Operating profit: £7.8m
Net income: £8.0m
Cash from operations: £22.0m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: FY May 26 (twelve months to 31 May 26), published 09 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	FY May 26	FY May 25
Revenue	104.8	90.6
Gross profit	69.9	63.3
EBITDA	–	36.1
Adjusted operating profit	21.4	13.2
Operating profit	25.0	12.7
Share-based payments	2.0	2.4
Finance costs	(0.9)	(1.0)
Profit before tax	25.3	12.4
Tax	1.9	4.0
Net income (owners)	27.3	16.4
EPS basic	74.6p	42.4p
EPS diluted	70.0p	40.7p

	H2 May 26	H1 Nov 25	H2 May 25	H1 Nov 24
Revenue	45.2	59.6	43.3	47.3
Gross profit	31.9	38.0	30.4	32.9
EBITDA	–	21.5	18.7	17.4
Operating profit	17.2	7.8	8.1	4.5
Share-based payments	0.9	1.1	1.1	1.2
Finance costs	(0.5)	(0.5)	(0.5)	(0.5)
Profit before tax	17.4	8.0	8.0	4.4
Tax	1.9	0.0	–	–
Net income (owners)	19.3	8.0	12.0	4.4
EPS basic	53.2p	21.4p	31.0p	11.4p
EPS diluted	49.8p	20.2p	29.6p	11.1p

	FY May 26	FY May 25
Cash from operations	47.9	41.5
Tax paid	–	5.8
Capex (PP&E)	(1.0)	(0.3)
Capex (intangibles)	(27.0)	(30.4)
Lease principal paid	(1.8)	(1.7)
Lease interest paid	(0.9)	(1.0)
Share buybacks	(15.5)	–

	H2 May 26	H1 Nov 25	H2 May 25	H1 Nov 24
Cash from operations	25.8	22.0	27.3	14.2
Tax paid	–	(0.2)	–	–
Capex (PP&E)	(0.8)	(0.1)	(0.1)	(0.2)
Capex (intangibles)	(13.3)	(13.7)	(14.8)	(15.6)
Lease principal paid	(0.9)	(0.9)	(0.9)	(0.9)
Lease interest paid	(0.5)	(0.5)	(0.5)	(0.5)
Share buybacks	(5.4)	(10.2)	–	–

	FY May 26	FY May 25
Goodwill	6.5	6.5
Other intangibles	49.5	42.0
Property, plant & equipment	3.9	3.8
Trade receivables	–	12.3
Cash	44.0	42.5
Current assets	70.8	59.7
Total assets	147.1	130.7
Trade payables	13.4	10.4
Lease liabilities, current	1.9	1.8
Current liabilities	20.2	15.0
Lease liabilities, non-current	15.7	17.6
Total liabilities	40.0	35.5
Total equity	107.0	95.2

	H2 May 26	H1 Nov 25	H2 May 25	H1 Nov 24
Goodwill	6.5	6.5	6.5	6.8
Other intangibles	49.5	43.3	42.0	37.4
Property, plant & equipment	3.9	3.5	3.8	4.3
Trade receivables	–	20.9	12.3	18.7
Cash	44.0	40.1	42.5	27.2
Current assets	70.8	65.9	59.7	53.1
Total assets	147.1	136.6	130.7	120.2
Trade payables	13.4	17.7	10.4	12.3
Lease liabilities, current	1.9	1.9	1.8	1.8
Current liabilities	20.2	23.3	15.0	17.5
Lease liabilities, non-current	15.7	16.7	17.6	18.6
Total liabilities	40.0	42.4	35.5	37.8
Total equity	107.0	94.2	95.2	82.4
Shares in issue	–	39.5m	–	–

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.