)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
Frontier Developments
Frontier Developments (FDEV) investor relations material
Frontier Developments H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary14 Jan, 2026
Executive summary
H1 revenue increased 26% year-over-year to £59.6m, driven by the strong launch of Jurassic World Evolution 3 and robust CMS portfolio performance.
Adjusted Operating Profit rose 76% year-over-year to £9.7m, with upgraded guidance to around £100m in revenue and £11m in adjusted profit for the full year.
Cash balance reached £40.1m at period end, up 47% year-over-year, after a £10m share buyback.
Player engagement metrics were robust, with a 34% year-on-year increase in active players and a 25% rise in hours played across all titles.
Profit after tax doubled to £8.0m, and basic EPS rose to 21.4p from 11.4p.
Financial highlights
Gross profit for H1 FY26 was £38.0m, with a gross margin of 64%, down from 70% in H1 FY25 due to higher royalty-bearing IP sales.
IFRS Operating Profit was £7.8m, up from £4.5m in H1 FY25; net profit reached £8.0m.
EBITDA for H1 FY26 was £21.5m, up from £17.4m in H1 FY25.
Total assets increased to £136.6m as of November 2025, with net assets at £94.2m.
Cash profit for the Jurassic World Evolution franchise approached £140m across three games; Planet Zoo contributed over £90m in cash profit.
Outlook and guidance
Full-year revenue guidance raised to around £100m, with expectations to slightly exceed this target and Adjusted Operating Profit around £11m.
Gross margin for the full year anticipated at 65% or slightly higher.
OpEx expected to remain stable, with no significant increase in R&D spend planned.
Pipeline includes a Planet Zoo sequel for FY27 and an unannounced CMS title for FY28.
Strong December sales post-period, including a record Christmas Day for Jurassic World Evolution 3.
JWE3's impact on gross profit margin.
Planet Coaster 2 updates and development cost capitalization.
Non-CMS portfolio strategy and FY27 plans?
Given the FY28 CMS, what new audience segments are you targeting?
Explore wider monetization beyond current PDLC.
How is CMS pricing strategy evolving?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Frontier Developments earnings date
H2 202611 Sep, 2026
Frontier Developments
Next Frontier Developments earnings date
H2 202611 Sep, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Frontier Developments plc is a British video game developer and publisher known for creating large-scale, immersive simulation and strategy games. The company develops original franchises and also partners with other brands to produce licensed titles. Some of its well-known games include Elite Dangerous, Planet Coaster, Planet Zoo, and Jurassic World Evolution. Frontier Developments focuses on delivering high-quality, engaging gaming experiences across multiple platforms, including PC and consoles, with an emphasis on post-launch support and downloadable content. The company is headquartered in Cambridge, England, and its shares are listed on the AIM.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage