Half-year revenue up to £10.9 million as company moved to self-publishing model

Frontier revenue jumps 50% as Elite Dangerous sells 1.4m

Elite creator Frontier Developments’ transition into publishing its own games appears to have been a success.

For the six months ending November 2015, the studio’s revenue rose by 50 per cent versus the first half of the year, its latest financials reveal.

Half-year revenue totalled £10.9 million, with the firm holding net cash of £8.6 million.

This was helped by continued healthy sales of its space-faring sim Elite Dangerous, which has now sold more than 1.4 million paid copies – 200,000 of which were sold during December.

An expansion, Elite Dangerous: Horizons, entered Steam Early Access in mid-December.

Last year, Frontier made a move into self-publishing, beginning with the Xbox One release of Elite Dangerous in December.

A second self-published game, Planet Coaster, is currently in development.

About MCV Staff

Check Also

Powering Up Atomhawk

Celebrating five years since joining the Sumo collective, Atomhawk managing director Tim Wilson brings us up to date on the state of the art