June 18, 2019 Frontier expects to report a massive jump in annual revenue thanks to Jurassic World Evolution sales.
Jurassic World Evolution has been a major hit for Frontier Developments, and it’s still going strong thanks to continued free updates and regular DLC releases (including today’s new Claire’s Sanctuary expansion). Because of that success, Frontier has released a statement to investors, telling them to expect a massive increase in the company’s annual revenue.
“Frontier expects to report record annual revenue of approximately £89 million for FY19, which is more than two and a half times the previous financial year,” the company says in a statement (via GamesIndustry.biz). Frontier’s fiscal year ends on May 31, so these projections account for revenue from June 2018 through May 2019 – the company is letting investors know what to expect ahead of the full results report in September. Last year’s financial report recorded £34.2 million.
“This substantial growth in revenue reflects the success of Jurassic World Evolution, Frontier’s third self-published title, which launched in June 2018, combined with the ongoing performance of Frontier’s first two self-published titles, Elite Dangerous (2014) and Planet Coaster (2016), which each benefitted from Frontier’s strategy of supporting and nurturing existing titles.”
CEO David Braben says “We have had our best ever year in terms of our financial performance, which is a testament to the skill and hard work of our amazing team, our strategy of nurturing our titles post-launch over many years, and to the ongoing support of our worldwide communities of players.”
Frontier reported that JWE managed to sell 1 million units just a month after release, and thanks to some external data, we know that roughly half of those sales were on PC. Total player counts for Steam’s 1,000 most-played games were revealed earlier this month, and Evolution had already made the list. As of July 1, 2018 the game had already amassed 481,240 players on Steam.
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Frontier’s got another major launch for 2019 with the Planet Zoo release date coming up, so there’s plenty of potential for the company’s next year to be just as successful.