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Frontier Stock Falls 20% Due To Poor Warhammer Performance

Frontier-Stock-Falls-20-Due-To-Poor-Warhammer-Performance

Sales of Warhammer Age of Sigmar: Realms of Ruin have been lower than expected, according to Cambridge

Warhammer Age of Sigmar: Realms of Ruin sales have been lower than expected, according to the Cambridge, UK-based studio, since its November 17 release for PC, PS5, and Xbox Series X and S.

Realms of Ruin was released on November 17 and featured exciting RTS gameplay. Frontier published the game set in the Warhammer Age of the Sigmar universe created by Games Workshop.

According to SteamDB, the number of concurrent Realms of Ruin Steam players peaked at 1,572. Realms of Ruin Steam user reviews are ‘ mixed’ at the time of publication, with only 120 people playing.

Warhammer Realms Of Ruin stas on SteamdB

Frontier has revised its revenue guidance for the current fiscal year (FY24), which ends on May 31, 2024, as a result of the game’s poor launch. The studio’s estimates have been reduced from £108 million to between £80 and £95 million. According to a statement, the company expects to meet this target based on sales performance across its game portfolio. Contributions from new platform releases of existing titles are included.

David Braben, co-creator of Elite, founded Frontier in 1994 to create space flight simulators and management games. With star-studded platforms like Planet Zoo, Jurassic World Evolution, and Planet Coaster, the company found quick success.

According to the company, these titles are still performing well. It also confirmed plans to release a new management simulation every three years, from FY25 to FY27, in addition to Jurassic World Evolution 2.

Frontier also intends to develop and support Elite Dangerous, F1 Manager, and Realms of Ruin. The latter will receive new content, including paid DLC, and Frontier anticipates that sales will increase over time. Frontier planned to freeze hiring, cut spending, and make redundancies as part of its “organizational review” announced last month.

“I am confident that our renewed focus on CMS will return Frontier back to profitability, deliver stimulating games to our players, and provide rewarding opportunities for our people,” said Frontier CEO Jonny Watts.

“I’d like to thank our people and our shareholders for their patience and support as we go through a challenging period of change.”