Frontier Developments FY24 Interim Results 2024

Frontier Developments reported interim results for H1 FY24 with adjusted EBITDA loss of £4.9m amid lower new game revenue, offset by strong back-catalogue performance. The company confirmed an updated strategy focused on three CMS games across FY25-27, with planned 20% reduction in annual costs. Cash position stood at £17.1m as of 30 November 2023.