Remiel
Banned
Whether you're playing or not is irrelevant in light of the fact that FD still have the money you spent acquiring those four copies. GG.
Frontier reports encouraging sales
- Thread starter Pagus
- Start date
Whether you're playing or not is irrelevant in light of the fact that FD still have the money you spent acquiring those four copies. GG.
If you want to be really nosey you can check their details (and filed accounts for the previous year, although it costs a £1.00) at http://wck2.companieshouse.gov.uk//compdetails (company number: 02892559).
All available to the public.
All available to the public.
Viajero
Volunteer Moderator
If that's profit then it makes you wonder why they weren't more reasonable with regards to the offline refund debacle. Oh, that's right, Shareholders > Customers!
Nah, not sure why P says it is "profit" (which tends to be used as a net term). Maybe I missed something but the note says "revenues" which tends to be a gross measure, i.e. before costs, taxes and other elements.
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Afaik you dont need to pay for their 2013 annual report: http://www.frontier.co.uk/docs/files/Annual_report_and_accounts_2013-Frontier_Developments_plc.pdf
The 2014 one will probably be issued sometime in Q2 or Q3 this year.
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Doom troll no.1... come on where are you all.
Also check the director renumeration. It doesnt look excessive at all.
£90k Wage for Braben an Execs (Pretty standard) with minimal bonuses at the moment though I expect them to increase this (Which they have from 8% to 21%) if they achieve targets.
All very reasonable to me.
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If all 200 staff are paid an average of £30k/yr the wage bill will be £6m. Leaving plenty
of cash spare for other costs.
Also Screamride releases in a few months bringing it it's own revenue
Not to mention RCT3 is still making them money ten years after it was released...
Frontier's finances are perfectly safe at the moment ..
Countdown to someone posting how the game is going to fail in 3...2...1...
So when is this game going free2play?
Im not "DOOM TROLLING" at all. I haven't doomed anything just wondering what the numbers mean - i know nothing about game finances or whats good or bad.
If you could edit your reply to get rid of the name calling id appreciate it.
Did anyone actually read the article the OP posted ?
Meaning that despite all those sales, FD made a 1.5m loss in the 6 month period due to running costs (a common theme with always online games). Now FD is not going bankrupt tomorrow since they have enough cash reserves (9mil) to withstand this and a truer measure of the financial success of the game will have to be done around the first paid expansion when the game will be more polished and with content to appeal to a larger customer base.
Now I sit while waiting for the neg rep and the accusations of "doom trolling" arise because I dared to actually read the article.
If you actually read it said:
Meaning that despite all those sales, FD made a 1.5m loss in the 6 month period due to running costs (a common theme with always online games). Now FD is not going bankrupt tomorrow since they have enough cash reserves (9mil) to withstand this and a truer measure of the financial success of the game will have to be done around the first paid expansion when the game will be more polished and with content to appeal to a larger customer base.
Now I sit while waiting for the neg rep and the accusations of "doom trolling" arise because I dared to actually read the article.
I'd give FD 15 bucks a month without any second thought
Guess I'll just buy skins but I really hate cashshops
Guess I'll just buy skins but I really hate cashshops
The revenue from kickstarter/pre-sales (and post-release sales too) aren't counted in their 6 month finances upto Nov 30th 2014 - instead they will be included in Dec 1st 2014 > May 30th 2015. From an accounting point they've chosen to allocate/"realise" the ED sales revenue to the release date on Dec 16th 2014 - £7.5m.
Therefore a loss of £1.5m Jun>Nov 2014 is understandable due to revenue only coming from sales of previously released games, and considerable development investment in their new/upcoming portfolio: ED, Tales From Deep Space & Screamride.
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and dont forget "infrastructure costs" in this period are not (only) running costs but initial investment in Hardware. Especially Server Hardware can be quite expensive. Setup costs etc.
Thats great, too bad there has been absolutely no new content added since launch.
Capex != opex.
Some of that 1.5M will be ongoing opex, however there is going to be a significant part which is capex setup as they increased server & other capacity moving from alpha to beta, into gamma and then launch.
The breakdowns for the 2015 quarters will be more revealing.
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Seriously, you're expecting new content before the first month of live is even complete?
here's the full trading statement
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12209186.html
i don't understand much of it, but based on the scenarios it looks like good performance
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12209186.html
i don't understand much of it, but based on the scenarios it looks like good performance
I think it looks encouraging. I wasn't anticipating such strong initial sales for an incomplete game. Looking at the full detail on the stock market what I find really interesting
1) Other platforms - note plural so one is Mac but what other platforms?
2) The sales proposition based on £10. Game currently selling at £40. Anticipation of selling going forward with a lower price.
3) The anticipated units sold projection even at minimum exceeds my wildest dreams which adds weight to this going console.
Therefore 2015 is an important year to sustain the sales price for as long as possible while they get expansions/new platforms out to grow the units sold and to keep the revenue above the mod point of the forecast.
1) Other platforms - note plural so one is Mac but what other platforms?
2) The sales proposition based on £10. Game currently selling at £40. Anticipation of selling going forward with a lower price.
3) The anticipated units sold projection even at minimum exceeds my wildest dreams which adds weight to this going console.
Therefore 2015 is an important year to sustain the sales price for as long as possible while they get expansions/new platforms out to grow the units sold and to keep the revenue above the mod point of the forecast.