Beyond Frames Entertainment has updated its expectations regarding the recovery of funds from a financing arrangement. Originally, the company expected to recoup financing for the game GORN 2 by the end of the fourth quarter of 2025, based on projected sales. However, sales during the recent holiday period were lower than expected, leading to an extended timeline for recoupment. The company remains focused on optimizing its commercial strategy and supporting its portfolio for long-term value, utilizing the secured external funding of USD 1 million for GORN 2, as announced in November 2025. Further updates will be provided as necessary. This information is disclosed in compliance with the EU Market Abuse Regulation. For more details, contact CFO Emma Partin or the investor relations team at Beyond Frames Entertainment.
Cortopia Studios och Beyond Frames Entertainment har meddelat att spelet Teenage Mutant Ninja Turtles: Empire City, det första Turtles-spelet i VR, kommer att lanseras på Meta Quest, Steam VR och Pico denna vår för $24.99. Förhandsbokningar med 20% rabatt är tillgängliga från och med idag på Meta Quest. Spelet stödjer upp till fyra spelare i co-op-läge, och en video som visar detta har släppts. En demo kommer att finnas tillgänglig på Steam den 23 februari som en del av Steam Next Fest. Spelet inkluderar också konstverk från kända serietecknare, och kan önskelistas på Steam VR och Pico. Följ spelet på sociala medier för uppdateringar.
Vid en extra bolagsstämma den 17 december utsåg Beyond Frames Entertainment Jesper Åkerlind och Björn Nordblom till nya styrelseledamöter. Båda representerar de största ägarna och förväntas stärka styrelsen med ägarperspektiv. Styrelseordförande Fredrik Burvall uttryckte glädje över tillskotten och tror att de kommer att bidra med viktiga insikter och nya perspektiv. För mer information kan CFO Emma Partin kontaktas via e-post.
Vid den extra bolagsstämman för Beyond Frames Entertainment AB den 17 december 2025 i Stockholm fattades huvudsakligen beslutet att välja Jesper Åkerlind och Björn Nordblom som nya styrelseledamöter utan ersättning. Protokollet från mötet kommer snart att finnas tillgängligt på företagets webbplats. För mer information kan CFO Emma Partin kontaktas via e-post.
Vid en extra bolagsstämma i Beyond Frames Entertainment AB den 17 december 2025 valdes Jesper Åkerlind och Björn Nordblom till nya styrelseledamöter utan att erhålla arvode. Protokollet från mötet kommer snart att finnas tillgängligt på företagets webbplats. För ytterligare information kan CFO Emma Partin kontaktas via e-post.
Cortopia Studios, en del av Beyond Frames Entertainment, tillsammans med Devolver Digital och Free Lives, har lanserat Dungeon Brawler, en stor gratis uppdatering för GORN 2. Uppdateringen finns nu tillgänglig på Meta Quest, PlayStation VR2 och SteamVR. Dungeon Brawler introducerar ett nytt spelupplägg baserat på slumpmässigt genererade fängelsehålor med 25 unika rum, vilket ökar spelets variation och långsiktiga engagemang. Uppdateringen inkluderar även vintertema med nya mekaniker som fryseffekter, hala golv, och ett utökat vapenarsenal med hockeyklubbor, istapps-svärd och is-pilar. En ny hoppmekanik tillför vertikalitet och taktisk djup i spelet. Ace St. Germain, VD för Beyond Frames Entertainment, säger att uppdateringen bidrar till att GORN 2 fortsätter att utvecklas som en VR-titel med utökad spelarlångvarighet och engagemang. För mer information, kontakta ir@beyondframes.com eller +46 (0)70 834 34 85.
Cortopia Studios has revealed the first gameplay of "Teenage Mutant Ninja Turtles: Empire City," a VR game set to launch in 2026. The game features the iconic Turtles—Leonardo, Raphael, Donatello, and Michelangelo—fighting to reclaim their city from the Foot Clan after Shredder's demise. Players can engage in combat using real physical movements and upgrade their characters with new gear from Donatello's workbench. The game aims to provide a customizable experience for fans, allowing them to play as their favorite version of the Turtles. It will be available on Meta Quest, Steam VR, and Pico, with options to follow updates on various social media platforms.
Beyond Frames Entertainment, in collaboration with Alpha Nordic AB, has raised an additional SEK 6.3 million in project funding for their Teenage Mutant Ninja Turtles VR game, currently in development. In return, Alpha Nordic will receive 4.725% of the Net Revenues, which are calculated after deducting store fees, distributor financing recoupment, marketing costs, and publishing costs. The agreement is set for a term of 10 years. Overall, the partnership has secured SEK 10.2 million in funding, with Alpha Nordic receiving a total of 7.65% of Net Revenues. This partnership was first announced on April 1, 2025.
Shareholders of Beyond Frames Entertainment AB are invited to an Extraordinary General Meeting on December 17, 2025, in Stockholm. The meeting aims to elect new board members representing the largest owners, with no proposed remuneration for them. Shareholders must be registered by Euroclear Sweden AB by December 9, 2025, and notify the company by December 11, 2025, to participate. Trustee-registered shares must be registered in the shareholder's name by the record date. Proxies require a written power of attorney. The agenda includes electing a chairman, creating a voter list, approving the agenda, and electing new board members. Fredrik Burvall is proposed as Chairman, and Jesper Åkerlind and Björn Nordblom are proposed as new board members without remuneration. The company has 18,635,409 shares and votes, with no own shares. Shareholders can request information relevant to the agenda or the company's financial situation. Documents will be available at the company's office and website two weeks before the meeting. Jesper Åkerlind and Björn Nordblom are proposed board members, both with significant shareholdings and current board assignments in other companies. For more information, contact ir@beyondframes.com.
Beyond Frames Entertainment AB (publ) har kallat sina aktieägare till en extra bolagsstämma den 17 december 2025 i Stockholm. Syftet med stämman är att välja in två nya styrelseledamöter som representerar de största ägarna, utan att ge dem styrelsearvode. För att delta måste aktieägare vara registrerade i aktieboken senast den 9 december 2025 och anmäla sitt deltagande senast den 11 december 2025. Förvaltarregistrerade aktier måste registreras i eget namn för rösträtt. Vid stämman föreslås Fredrik Burvall som ordförande, och Jesper Åkerlind samt Björn Nordblom som nya styrelseledamöter. Det finns totalt 18,635,409 aktier och röster i bolaget. Aktieägare har rätt att begära upplysningar enligt aktiebolagslagen. Fullständiga beslutsförslag och andra handlingar finns tillgängliga på bolagets kontor och hemsida.
During the third quarter of 2025, Beyond Frames reported sales of 27,971 kSEK and an EBITDA of 76 kSEK, with no major milestones achieved in this period. The profit after financial items was -6,070 kSEK, influenced by the depreciation of development costs. Cash reserves at the quarter's end were 12,672 kSEK. After the quarter, Beyond Frames announced a partnership with Devolver Digital, securing $1 million in funding for GORN 2, and received positive feedback during a press tour for TMNT VR. For the year-to-date, sales reached 101,307 kSEK, with an EBITDA of 9,157 kSEK, a slight increase from the previous year. The profit after financial items was -12,751 kSEK. The CEO remarked that Q3 was a period of maintenance and development, setting the stage for future growth, with no significant revenue drivers beyond recurring sales. The company is focusing on partnerships and XR technology opportunities, with strategic discussions underway with major IP owners and hardware manufacturers. Studio highlights include the development of GORN 2 and TMNT VR, with GORN 2 expected to begin generating revenue after recoupment of production costs by Devolver Digital. TMNT VR has gained significant interest, surpassing 50,000 wishlists, and is preparing for additional funding. The publishing division is focused on the TMNT VR campaign and exploring smart glasses as a new market. A co-publishing agreement with Combat Waffle Studios will optimize future opportunities. Beyond Frames is positioning itself to capitalize on the growth of XR and smart glasses, driven by advancements in AI. The company aims to be a leader in immersive entertainment and is actively engaging with major IP holders to develop new content. The CEO expressed optimism about the future of XR technology and its potential impact on the market.
Beyond Frames’ Cortopia Studios plans to bring its game catalog to the new Steam Frame platform, which is set to launch in early 2026. This move aims to strengthen Beyond Frames' position in the growing multi-platform VR market. The Steam Frame will offer both wireless PCVR and standalone support within the SteamVR ecosystem. Cortopia Studios intends to enable support for most of its games, including titles like "Teenage Mutant Ninja Turtles: Empire City," "GORN 2," "Escaping Wonderland," and "Down the Rabbit Hole." Beyond Frames’ CEO, Ace St. Germain, expressed excitement about expanding their reach through this partnership. More details will be available closer to the hardware's release. For additional information, contact ir@beyondframes.com or call +46 (0)70 834 34 85.