Pressmeddelanden, rapporter och bolagsmeddelande för Beyond Frames

Beyond Frames has formed a strategic partnership with Alpha Nordic AB to expand its project financing model. This model, similar to those in the film and television industry, involves funding from IP holders, publishing partners, and platform partners. Alpha Nordic will raise funds through its investor network for Beyond Frames' Teenage Mutant Ninja Turtles VR game, offering revenue shares based on demand. CEO Ace St. Germain views this as an innovative funding approach, expecting a threefold return on investment and aiming to enhance long-term shareholder value. This information was disclosed in accordance with EU regulations.

Beyond Frames, tillsammans med Combat Waffle Studios, meddelar att det multiplayer överlevnadsskräckspelet Silent North i VR kommer att lanseras i early access på SteamVR och Meta Quest i april 2025. Tidigare hade det meddelats att spelet skulle lanseras under första kvartalet 2025. För mer information, kontakta ir@beyondframes.com eller +46 (0)70 834 34 85.

Cortopia, ett dotterbolag till Beyond Frames Entertainment, har tillsammans med Free Lives och Devolver Digital meddelat att GORN 2, uppföljaren till VR-spelet GORN, kommer att släppas senare i år på Meta Quest, SteamVR och PSVR2. GORN 2 erbjuder nya funktioner som ett förbättrat fysikbaserat stridssystem, fler än 35 vapen, nya arenor, fällor och fiendetyper. Spelet introducerar också en ny miljö där spelare slåss mot mäktiga bossar och fiendevågor. Beyond Frames förväntar sig intäkter från spelet efter att utgivaren har återhämtat sina kostnader, vilket förväntas ske i slutet av fjärde kvartalet 2025.

Lyssna på Beyond Frames Entertainments VD, Ace St. Germain, och finanschef, Emma Partin, när de presenterar de operativa och finansiella höjdpunkterna från Q4-rapporten. För mer information kan du kontakta finanschef Emma Partin via e-post på emma.partin@beyondframes.com eller ir@beyondframes.com. Företaget är baserat i Stockholm på Bondegatan 21. Deras webbplats är Beyond Frames Entertainment och telefonnumret är +46(0)708 34 34 85.

During the fourth quarter of 2024, Beyond Frames reported a 7.1% increase in sales compared to the previous year, reaching 43,264 kSEK. However, the operating profit before depreciation (EBITDA) decreased slightly to 3,637 kSEK, and the profit after financial items was negative at -4,395 kSEK. Cash holdings were lower at the end of the quarter, but the company raised additional capital in January 2025 to secure its cash position. For the full year 2024, sales grew by 28.4% to 175,834 kSEK, marking the highest revenue year in the company's history. Despite this growth, the profit after financial items was -19,264 kSEK. The CEO expressed pride in the company's performance amidst industry challenges and highlighted efforts to maintain a secure cash position. In terms of development, Beyond Frames is progressing with its game projects, including a partnership with Devolver Digital and a new Teenage Mutant Ninja Turtles title. The company is optimistic about its publishing pipeline, with successful launches like Combat Waffle’s GRIM and anticipated releases such as Silent North. Market trends show growth in XR, with Meta’s Reality Labs reporting a significant revenue increase and Google re-entering the market with AndroidXR. Changes in the Meta Quest store impacted some of Beyond Frames' portfolio, but the company's diverse strategy helped mitigate potential negative effects. Looking ahead, Beyond Frames sees opportunities in the current economic climate and aims to leverage its strong performance to pursue strategic opportunities. The company remains committed to becoming a leading provider of immersive entertainment.