Frontier released its trading update for financial H1 2017 which is June-November 2016.

The company reported 66% revenue growth (to £18.1m) compared to the same period the year before.

Planet Coaster had sold over 0.5m copies by the end of the year.

Elite Dangerous had sold another 300,000 copies since the last update now reaching 2.1m in total.

EBITDA for the 6-month period is expected at £5.7m.

The company mentioned that they "have a strong programme of updates in place for Planet Coaster which will be released through 2017 and beyond." Together with the Playstation launch of Elite announced for Q2 2017 and the announcement of a third franchise in 2017 the stock still looks cheap from here.