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Frontier lowers revenue forecast by 23%

Frontier lowers revenue forecast by 23%

UK games firm Frontier Developments has dropped its forecast for revenue for the 12 months ending May 31st, 2022 by 23 per cent.

In a note to investors, the company said that it was going to be bringing in £100 million for the year rather than the previously-announced £130 million target. This is due – in part – Jurassic World Evolution 2 sales being "lower than expected" on PC, while console was largely as forecast.

The company goes on to note that it still predicts that Jurassic World Evolution 2 will outsell its predecessor over its first 12 months in the world, something that is set to be helped by the launch of the film Jurassic World Domination in June 2022.

Meanwhile, Frontier also says that Elite Dangerous: Odyssey has had "muted" sales so far during this financial year.

"A massive thank you to everyone involved with the launch of Jurassic World Evolution," CEO and founder David Braben said.

"Whilst initial sales on PC have been lower than we targeted, the game is already being enjoyed by around half a million players across all platforms, and showing very strong critical and player reviews. We are confident that it's another terrific addition to our great portfolio of games. Frontier's future looks strong and our portfolio continues to grow."


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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