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  • Ace St Germain

    CEO


    https://www.beyondframes.com
  • Maeva Sponbergs

    CMO


    http://www.beyondframes.com

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    Q4 2025 Full-Year report for Beyond Frames Entertainment AB (publ)

    Margin Discipline Today, Platform Leadership TomorrowOver the past several years, we have built a foundation with diversified revenue streams, strengthened studios, expanded the publishing footprint, formed partnerships with major XR hardware manufacturers, and developed globally recognized intellectual property. That work positions us not just to grow, but to lead.Fourth quarter, October 1 – December 31, 2025 · Sales amounted to 28,673 (43,264) kSEK. · Operating profit before depreciation and amortization and shares in associated companies' earnings (EBITDA) amounted to 8,467 (3,

    Cortopia Studios Announces Major Halloween Content Update for GORN 2: “Fight of the Living Dead”

    Today, Cortopia Studios, a Beyond Frames Entertainment subsidiary, in partnership with Devolver Digital and Free Lives, announced the release of Fight of the Living Dead, a major free content update for GORN 2. The update is now available on Meta Quest and SteamVR platforms. This Halloween event transforms one of the game’s signature combat arenas into an immersive seasonal experience featuring undead gladiators, a supernatural boss battle, and new weapons. Central to the update is the Resurrection Staff, a unique in-game item that allows players to command fallen enemies as skeletal

    Q2 2025: Half Year report Beyond Frames Entertainment AB (publ)

    Record-breaking EBITDA and on track to Profitability. The financial performance of the second quarter marks the best Q2 and H1 for EBITDA in company history. This major improvement in margin was driven by significant cost savings from having one game in development this year compared to three last year, as well as deriving more revenue from higher-margin activities, which included milestone payments for Teenage Mutant Ninja Turtles: Empire City.Second quarter, April 1 – June 30, 2025 · Sales amounted to 34,204 (41,174) kSEK · Operating profit before depreciation and amortization

    Moon Mode secures SEK 1 Million in project funding for mobile game prototype

    Moon Mode, a subsidiary of Beyond Frames Entertainment AB, secured approximately SEK 1 million in project funding for a mobile game prototype through a leading global technology company. The project funding will be disbursed according to approved milestone deliveries between August and November 2025 and is not subject to recoupment or repayment of any kind. There is a possibility of ongoing funding if the prototype achieves key performance targets.

    GORN 2 Smashes Into Top Rankings on Steam and Meta Quest Store in Explosive Debut

    On Thursday, April 17th, 2025, Beyond Frames’ subsidiary Cortopia, in partnership with Free Lives and published by Devolver Digital, launched GORN 2 on Steam and Meta Quest. The wildly anticipated sequel to the cult-classic VR brawler, GORN, quickly dominated the charts: · #1 on Steam for top-selling, VR-exclusive titles. · #2 on the Meta Quest Store’s best-sellers list among premium-priced titles. · #5 overall on the Meta Quest Store’s best-sellers list, which includes free-to-play games. The game has a review score of 4.7 out of 5 on the Meta Quest Store and is rated Very

    Beyond Frames Entertainment publishing title GRIM is now available in Early Access on the Meta Quest Store and Steam

    GRIM, the resource-gathering, crafting, base-building, survival VR game inspired by the top-selling PC game RUST, is now available in Early Access on the Meta Quest Store and Steam. Single-developer studio Spoonfed Interactive developed the game in partnership with Combat Waffle Studios, the award-winning studio behind the hit VR game Ghosts of Tabor. Beyond Frames is the publisher of GRIM, helping fund the game's development, and will provide ongoing production, distribution, and marketing support. “Excitement for GRIM has been bubbling for quite some time, and we’re honored to have an

    Cortopia Studios’ “Escaping Wonderland” Named Finalist for D.I.C.E. Awards’ Immersive Reality Game of the Year

    Beyond Frames Entertainment is proud to announce that its wholly owned subsidiary, Cortopia Studios, has received significant industry recognition for its recently released virtual reality game, Escaping Wonderland. The title has been named a finalist nominee in the Immersive Reality Game of the Year category at the 28th Annual D.I.C.E. Awards, hosted by the Academy of Interactive Arts & Sciences (AIAS). The D.I.C.E. Awards are among the most prestigious accolades in the gaming industry, celebrating achievements in design, innovation, and entertainment. “We're excited to see Escaping

    Beyond Frames Entertainment updates on market potential and financing of Teenage Mutant Ninja Turtles VR game

    Beyond Frames Entertainment recently announced that a new virtual reality game based on the Teenage Mutant Ninja Turtles (“TMNT”) intellectual property is in development at their subsidiary Cortopia Studios. The title is estimated to generate 350-700 million SEK in gross sales recognized between fiscal years mid-2026 to FY 2029, provided that the game is launched in accordance with the current time plan. The estimate is for gross consumer revenues of the base game and does not include any potential downloadable content or other premium add-ons. Beyond Frames reports sales before

    Cortopia Studios Announces Development of Upcoming VR Title with Free Lives and Devolver Digital

    Cortopia Studios, a leader in virtual reality game development, today announced a partnership with Free Lives, the studio behind popular titles such as Broforce and Anger Foot, and publisher Devolver Digital, to develop a previously disclosed but unnamed VR game. “We’re pleased to work with Free Lives and Devolver Digital on this project,” said Ace St. Germain, CEO of Beyond Frames Entertainment, Cortopia Studios’ parent company. “This collaboration will ensure we’re super-serving our player base.” Further details will be released as development progresses.

    Beyond Frames Entertainment AB (publ) Interim report Q1 2024

    First quarter, January 1 –  March 31, 2024 · Sales amounted to 59,615 (17,275) kSEK, an increase of 245% compared to Q1 2023.               · Operating profit before depreciation and amortization and shares in associated companies' earnings (EBITDA) amounted to 8,010 (-249) kSEK · Profit after financial items amounted to 666 (-3,423) kSEK · EBITDA per share amounted to 0.47 (-0.01) SEK · Profit per share after financial items amounted to SEK 0.04 (-0.20) SEK · Cash and cash equivalents at the end of the quarter amounted to 20,139 (17,893) kSEK. This compares to 21,820

    Beyond Frames Entertainment AB (publ) Appoints Emma Partin as New Chief Financial Officer

    Stockholm, May 21, 2024 - Beyond Frames Entertainment AB (publ), a leader in immersive gaming and interactive entertainment, is pleased to announce the appointment of Emma Partin as the new Chief Financial Officer, effective immediately. Emma Partin brings with her 15 years of extensive experience in management consulting from Deloitte, where she has been instrumental in guiding international companies through Finance strategies and transformation programs, IPOs preparations, mergers and acquisitions, and post-merger integration.Emma's proven track record in driving financial excellence and

    Beyond Frames Entertainment AB (publ) Year-End report Q4 2023

    Fourth quarter, October 1 – December 31, 2023 · Sales amounted to 40,386 (4,239) kSEK, an increase of 853% compared to Q4 2022. · Operating profit before depreciation and amortization and shares in associated companies' earnings (EBITDA) amounted to 3,853 (-5,186) kSEK · Profit after financial items amounted to -3,749 (-7,840) kSEK · EBITDA per share amounted to 0.22 (-0.30) SEK · Profit per share after financial items amounted to SEK -0.22 (-0.46) SEK · Cash and cash equivalents at the end of the quarter amounted to 21,820 (48,309) kSEK. This compares to 34,555 kSEK at

    Ghosts of Tabor Relaunches on Main Meta Quest Store as Top Seller

    Beyond Frames’ hit publishing title, Ghosts of Tabor, debuts as a top-5 seller on the Meta Quest store. Stockholm, February 20, 2024 - On Thursday, February 8th, 2024, Beyond Frames Entertainment, in partnership with Combat Waffle Studios, graduated Ghosts of Tabor, a VR extraction shooter, from Meta App Labs onto the main Meta Quest Store. During the launch weekend, the game landed as a top-5 seller on the “Top Selling ” list on the Meta Quest store with positive reviews from players. As of this writing, Ghosts of Tabor is the #2

    Beyond Frames secures license agreement for one of the world’s highest-grossing media franchises

    Stockholm, November 16, 2023 - Today, Beyond Frames Entertainment announced that they secured a license agreement with a yet-to-be-named, global media and entertainment conglomerate to develop a VR action title for one of the biggest entertainment franchises in the world. The game will be developed by Beyond Frames Entertainment’s wholly-owned subsidiary, Cortopia Studios, and published by Beyond Frames. The project will be partially funded by Beyond Frames who are looking to secure additional project funding for the production.  “Our goal with this title is to bring the massive

    Outta Hand Lands on Meta Quest Top Sales List

    Beyond Frames’ new publishing title, Outta Hand, debuts as a top-10 seller on the Meta Quest store.   Stockholm, October 5, 2023 - On Thursday, September 28th, 2023, Beyond Frames Entertainment, in partnership with Capricia Productions, launched Outta Hand, a VR platformer where players take on the role of a strange, but adorable science experiment looking to escape the lab of its evil creator. Early reviews from online influencers and media critics were overwhelmingly positive.  “Outta Hand is an absolute joy from start to finish and one of the best new releases on Quest… The energy

    Beyond Frames Half Year report Q2 2023

    Second quarter, April 1 – June 30, 2023 · Sales amounted to 43,291 (4,571) kSEK, an increase of 847% compared to Q2 2022.                                                                · Operating profit before depreciation and amortization and shares in associated companies' earnings (EBITDA) amounted to 4,360 (-6,351) kSEK · Profit after financial items amounted to 1,265 (-7,933) kSEK · EBITDA per share amounted to 0.25 (-0.37) SEK · Profit per share after financial items amounted to SEK 0.07 (-0.46) SEK · Cash and cash equivalents at the end of the quarter amounted to

    Extraction VR shooter Ghosts of Tabor surpasses 3 MUSD in gross revenues on Meta Quest App Lab

    Combat Waffle Studios and Beyond Frames today announced that the exhilarating extraction VR shooter Ghosts of Tabor has surpassed 3 MUSD in gross revenues on Meta’s App Lab in under five months since its release, in addition to previously noting that more than 100 000 unique players have played the game across all available platforms. Ghosts of Tabor is the only extraction based VR FPS PvPvE survival game where players will have to use their wits, skills and resources to survive. Inspired by hugely successful PC games in the genre, the game features a variety of scenarios from scavenging,

    Beyond Frames maintains its 38% shareholding in minority-owned Odd Raven Studios AB in a strategically directed share issue

    Beyond Frames Entertainment AB has maintained its pro rata shares of 38% shareholding in a directed share issue in minority-owned Odd Raven Studios AB, aimed at gaining a new strategic shareholder. The pro rata shares of 38% in the share issue corresponds to approximately 2 MSEK. Beyond Frames gave its full support to Odd Raven and the new strategic shareholder, who took a 10% stake in the shares at a valuation of 3 MSEK. The Odd Raven founders, together with the Minority Shareholders, maintain a 52% controlling stake. “We’re excited to have this strategic addition joining us on Odd

    Cortopia secures 28 million SEK for an external publishing deal for a new game based on a VR-hit sequel

    Cortopia, a wholly owned subsidiary of Beyond Frames Entertainment, has signed an external publishing agreement with an undisclosed partner, which covers the full funding of the unnamed VR-hit sequel. In addition to funding the production of the game, the Publisher is also funding quality assurance, localization to other languages, platform distribution, marketing, and ongoing support services. Further details about the partnership and the game are undisclosed due to confidentiality agreements. “We’re so thrilled to be trusted by the original studio to further develop the sequel for one

    Interim report Q1 2023

    First quarter January 1-March 31 2023 · Net sales amounted to 17,275 (8,217) kSEK, an increase of 110% compared to Q1 2022. · Operating profit before depreciation and amortization and shares in associated companies' earnings (EBITDA) amounted to -249 (963) kSEK after financial items amounted to -3,432 (-909) kSEK · EBITDA per share amounted to -0.01 (0.06) SEK · Earnings per share after financial items amounted to SEK -0.20 (-0.06) SEK · Cash and cash equivalents at the end of the quarter amounted to 17,893[1] (37,890) kSEK. This compares to 48,309 kSEK at the end of the

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