"Jurassic World Evolution 2 is the latest successful addition to our portfolio, already selling nearly 1 million base game units since release in November 2021"
"Elite Dangerous experienced a difficult calendar 2021 following the disappointing launch of the major Odyssey expansion in May 2021. We continue to support the game and our passionate players with development updates, and we have seen an upturn in player sentiment as a result."
"Frontier Foundry, our own games label for third-party publishing, continues to grow with a number of exciting titles in discussion as well as those already signed. We have at least four titles coming in calendar 2022 including FAR: Changing Tides and Warhammer 40,000: Chaos Gate - Daemonhunters."
"We are very well positioned for the future. This calendar year will see us enter the incredible world of Formula 1 - a truly global sport - with the first release for our annual F1 management game franchise. Furthermore, it will see Foundry continuing to build momentum to become a material contributor to the business, and we will see the release of Universal Picture's hugely anticipated Jurassic World Dominion film, and the expected corresponding benefit to Jurassic World Evolution 2."
"The first of our annual Formula 1® management games will release during the 2022 F1 season (in FY23), as part of our exclusive licence for Formula 1® management games
· Jurassic World Evolution 2 is expected to benefit from the release of the Jurassic World Dominion film in June 2022 (in FY23) and all the promotional awareness that this film release will bring to the game, with multiple exciting PDLC packs planned through the year
· Planet Zoo will also benefit from a continuing roadmap of new PDLC packs
· Frontier Foundry, our games label for 3rd party publishing, will release multiple new titles as it continues to grow
Our Warhammer Age of Sigmar IP real-time strategy game planned for release during calendar 2023 will now release later in that calendar year, falling in FY24. This change will further improve the quality and longevity of the game, and overall make it more successful. As a result of this scheduling adjustment, the Board have revised the revenue guidance range for FY23 to £130 million to £160 million, implying 18% to 45% annual growth from the mid-point of FY22 guidance.
We have excellent prospects for sustainable long-term growth based on the longevity of our existing portfolio and our future development and publishing plans, underpinned by our world-class and growing team."
FY24 starts April 2023 for Frontier.
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