Frontier Developments falls on the stock market, the fault of F1 Manager 2022

Life is full of ups and downs, especially with Frontier Developments. The studio was coming out at the end of 2021 Jurassic World Evolution 2, a management game with dinosaurs in a park, which sold more than 500,000 copies at launch. not enough to frontier, the studio’s figures were in the red shortly after, the fault of a lack of interest from players over time. One year later, rebelote.

Frontier Developments makes a new assessment this week, a few months after the release of F1 Manager 2022, on which he relied heavily. It must be said that the Formula 1 is more popular than ever thanks to the series Formula 1: Drivers of their destiny on netflix and a daunting 2021 season, but the sauce did not take in video games. F1 Manager 2022 was released last August, sales were good then, meeting the studio’s expectations. But interest in the game quickly wanedand despite sales at the end of the year to make the game more attractive, the players did not fall for it. frontier evoked “increased price sensitivity of players, linked to the deterioration of economic conditions”. Yes, between the prices of electricity, the shopping basket and gasoline which go up everywhere, the player thinks twice before dropping more than 70 € in a video game. F1 Manager 2022 is currently sold off at €39.99 at Micromania.

The studio can’t even rely on the rest of its catalog, sales of Elite Dangerous, Planet Coaster and Planet Zoo are also down. Result, the action of Frontier Developments fell by more than 40% following the publication of this financial report a few hours ago, in which the CEO Jonny Watts said:

It is very disappointing to adjust our financial expectations.

As CEO, I’m driving a shift in focus to put more emphasis on our core strengths and competencies, with a particular focus on increasing the ROI we get from our teams world class. We intend to increase the number of our development teams to increase the pace of new releases, while continuing to nurture our existing portfolio, to achieve sustainable growth.

We have created a strong portfolio of games and we continue to learn and overcome challenges as we expand and nurture our portfolio. I am grateful to our talented people for their continued hard work.

Frontier Developments thus keeps his head held high despite the setbacks and he recalls that he recently offered himself Complex Gamesdeveloper of Warhammer 40,000: Chaos Gate – Daemonhuntersa game published by him and which sold well. Stranded: Alien Dawn of Haemimont Games also works pretty well Early Accessand frontier will be able to count in the coming months on the releases of Deliver us Mars and The Great War: Western Front to keep hope.

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