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.

Beyond Frames Entertainment meddelade att deras studio, Cortopia Studios, tillsammans med Devolver Digital, har fått cirka 1 miljon USD i projektfinansiering från en extern part för att fortsätta utveckla nedladdningsbart innehåll (DLC) för GORN 2. Finansieringen syftar till att påskynda produktionen av nya innehållsutvidgningar och uppdateringar för att främja spelets försäljningsframgångar. Ace St. Germain, VD för Beyond Frames Entertainment, ser detta som ett starkt förtroende för både GORN 2:s kommersiella framgång och Cortopia Studios kreativa förmågor. Den nya finansieringen påverkar inte befintliga ekonomiska avtal med Devolver Digital. Investeringen kommer att möjliggöra flera DLC-uppdateringar fram till 2026.

Cortopia Studios, en del av Beyond Frames Entertainment, har i samarbete med Devolver Digital och Free Lives släppt en stor gratis uppdatering för GORN 2, kallad Fight of the Living Dead. Uppdateringen finns nu tillgänglig på Meta Quest och SteamVR. Denna Halloween-händelse förvandlar en av spelets arenor till en säsongsbetonad upplevelse med odöda gladiatorer, en övernaturlig boss och nya vapen. Ett centralt inslag i uppdateringen är Resurrection Staff, en unik spelobjekt som låter spelare kontrollera fallna fiender som skelettkrigare, vilket ökar spelupplevelsen och återspelningsvärdet. Ace St. Germain, VD för Beyond Frames Entertainment, betonade företagets engagemang för att leverera högkvalitativa VR-upplevelser. För mer information kan man kontakta ir@beyondframes.com eller ringa +46 (0)70 834 34 85.

Teenage Mutant Ninja Turtles: Empire City, the first virtual reality game in the TMNT universe, will be showcased at New York Comic Con. The game's creative team will present action gameplay for the first time, with a release planned for 2026. Attendees of the panel on October 10 will gain access to exclusive in-game content at launch. The game combines action, stealth, and storytelling, featuring well-known New York City neighborhoods. Fans can follow the game on various social media platforms and wishlist it on Meta Quest and Steam VR. Beyond Frames, a Stockholm-based XR-focused publisher, and its subsidiary Cortopia Studios are behind the game's development.

During the second quarter of 2025, Beyond Frames Entertainment reported sales of 34,204 kSEK, a decrease from the previous year. However, the company saw significant improvement in EBITDA, reaching 6,021 kSEK, compared to a negative figure the previous year. The profit after financial items was -2,923 kSEK, influenced by depreciation costs. Cash at the end of the quarter was 8,608 kSEK, and equity per share decreased compared to the previous year. For the first half of 2025, sales were 73,336 kSEK, with an EBITDA of 9,082 kSEK, marking a 21.8% increase from the previous year. Profit after financial items was -6,681 kSEK. The company achieved its best-ever Q2 and H1 EBITDA, driven by cost savings and higher-margin activities, despite lower sales. Key highlights included the successful launch of GORN 2 and the announcement of Teenage Mutant Ninja Turtles: Empire City. The company is focusing on profitability, exploring M&A opportunities, and preparing for changes in distribution platforms. The quarter also saw the announcement of TMNT: Empire City, with high visibility and strong wishlist activity. GORN 2 performed well, with plans for additional content and funding agreements. The publishing catalog had mixed results, with some titles underperforming but others, like Ghosts of Tabor, performing well. A new financing partnership with Alpha Nordic was launched, securing SEK 3.9 million. In the XR space, Meta Reality Labs and other companies reported positive developments, with growing adoption of AR glasses. Beyond Frames is focusing on profitability and preparing for future XR advancements, emphasizing their commitment to innovation in the immersive gaming sector. The report was published on August 21, 2025, and has not been audited.

Beyond Frames Entertainment, in partnership with Alpha Nordic AB, has raised SEK 3.9 million in the first of two funding rounds for their Teenage Mutant Ninja Turtles VR game. In return, Alpha Nordic will receive 2.925% of the net revenues, which are calculated after various costs, over a 10-year period. This agreement was announced on April 1, 2025, and a second funding round is set to begin immediately, aiming to close by the end of October. Beyond Frames is required to disclose this information under EU regulations, and it was published on August 18, 2025. For more details, contact CFO Emma Partin.

The Swedish Companies Registration Office has registered an increase in the number of shares and share capital for Beyond Frames Entertainment AB due to warrants exercised from a personal warrants program approved at the annual general meeting on June 22, 2021. A total of 17,000 shares were issued, bringing the total number of shares to 18,635,409. The share capital increased by SEK 850, totaling SEK 931,770. For more information, contact CFO Emma Partin at emma.partin@beyondframes.com or ir@beyondframes.com.