Frontier reports encouraging sales

[Pagus]

Interesting financial report released this morning....

http://www.stockmarketwire.com/article/4955739/Frontier-reports-encouraging-sales.html

 

[robbyp]

Good news. A strong Frontier means a strong game

 

[Agony_Aunt]

Countdown to someone posting how the game is going to fail in 3...2...1...

 

[BadSector]

Not bad for a "niche" game genre. A couple years back while playing X3 Terran Conflict i noticed youtube video "how to board xenon q" had 30k views, i realized its not about lack of demand but lack of supply.

 

[thesonandheir]

FD are saying the game has sold between 0.5m and 0.75m copies with revenue from the sales above £7.5m.

Meerkat likes the announcement - FDEV up 13% in early trading.

 

[Davidtq]

Very interesting, bigger than I thought, for a very niche game. When I think of Star Wars Galaxies which peaked at 300k players (but had a sub for income) I think E may see later influxes to the game depending on how the walking side of the game works. At the moment you have to want to fly a ship to play, but that could all change. I expect as the playerbase grows their CR balance we will see timely releases of new paint jobs etc to act as a subscription fee, I expect asps and type 6's will be due in soon with anacondas and pythons to come later...

Good sales means a better potential life span for the game.

 

[{SAS}Stalker]

This CANT be right though, the game has failed and we are all running for the hills aren't we?

 

[gamecat]

Fantastic News!

Where are all the doom trolls I wonder?

 

[KING5TON]

Cool, bodes well for continued development makes the expansions more likely to be delivered.

 

[Cmdr Eagleboy]

Chief executive David Braben said: “In December the team did a great job in delivering the full public release of Elite: Dangerous and its supporting technology as planned, driving our transition to the next stage. We, as a Board, are hopeful that sales will continue to track well, leading to revenues doubling to approximately £19 million by the end of the current financial year.”

The group says its balance sheet remains strong, and at 30 November, prior to the full public release of 'Elite: Dangerous', the group had net cash of around £9.8 million. It says this places the group in a good financial position to support its continuing investment plans going forwards.

500 - 750k sales? Holy crow!

 

[CMDR ONI Vox]

I bought 4 copies myself. 2 for my best friend and his brother. They quit playing during gamma. 1 copy I bought for my brother. He never played. And the Last copy is mine. I quit playing after the new year.

All I'm going to say.

 

[Jezzah]

19 million by the end of the year? That doesn't sound too good. The wage costs of 200 people along with taxes business rates doesn't exactly leave a huge amount.

 

[Caspar]

I bought 4 copies myself. 2 for my best friend and his brother. They quit playing during gamma. 1 copy I bought for my brother. He never played. And the Last copy is mine. I quit playing after the new year.

All I'm going to say.

Yet here you are ..

 

[Nara]

I bought 4 copies myself. 2 for my best friend and his brother. They quit playing during gamma. 1 copy I bought for my brother. He never played. And the Last copy is mine. I quit playing after the new year.

All I'm going to say.

I quit playing WoW back in 2008 and that also failed shortly afterwards.

 

[Zieman]

19 million by the end of the year? That doesn't sound too good. The wage costs of 200 people along with taxes business rates doesn't exactly leave a huge amount.

But FDEV doing this for the love of the game - you're not suggesting they're after profit, are you? Are... you are? NNNOOOooooo!!!....



On a serious note, I doubt all of that 200 staff is working on E: D. And the company has a few other franchises creating revenue too.

 

[CMDR ONI Vox]

I check back frequently to see if there has been any development. Never said I didn't like the game.

 

[CmdrBream]

I bought 4 copies myself. 2 for my best friend and his brother. They quit playing during gamma. 1 copy I bought for my brother. He never played. And the Last copy is mine. I quit playing after the new year.

All I'm going to say.

Every car I own only has two seats. Sell your Ford shares now!

 

[Tod]

This is all brilliant news. It's great to see a British indy developer doing well, and this is great news for the game.

 

[Cmdr Eagleboy]

19 million by the end of the year? That doesn't sound too good. The wage costs of 200 people along with taxes business rates doesn't exactly leave a huge amount.

It's a *profit*. They had 10M already in cash at the end of November.

 

[Tony Spaniels]

I quit playing WoW back in 2008 and that also failed shortly afterwards.

Yeah I quit EVE after 6 months of tedium, and thats currently residing in the backwater of long forgotten game fails