The Board of Directors of Beyond Frames Entertainment Withdraws Long-Term Sales Target and is reviewing its financing and cost structure
This follows the recent completion and release of the Company’s flagship title, TMNT. While the game has received positive consumer feedback with high ratings, its commercial performance has not met the Company’s expectations, which has impacted short-term and long-term financial forecasts.
In light of early sales data, the Company has concluded that the previously communicated long-term sales target for the TMNT title covering the fiscal years mid-2026 to FY2029, in the range of SEK 350–700 million, would require additional marketing investments, more favourable macroeconomic conditions, and further development of partner platforms to be achievable. Consequently, the Board has decided to withdraw this long-term sales target.
The Company is currently evaluating a number of measures to adapt its operations to the prevailing conditions. These include both operational and strategic alternatives to ensure that Beyond Frames is optimally positioned to capture future business opportunities and to ensure financial flexibility and stability. With near- and long-term sales harder to predict, it is essential that the Company aligns its cost structure with current realities and ensures it has the financial flexibility and stability to navigate the period ahead. This work includes a thorough review of operating expenses, ongoing commitments, and the Company's capital position, with the aim of safeguarding long-term value creation. In addition, the Company has a number of prototypes in early-stage development and is evaluating opportunities to secure new project-specific financing.
The Company will provide further updates as appropriate.
This disclosure contains information that Beyond Frames is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 06-05-2026 08:54 CET.
For further information, please contact ir@beyondframes.com.
Beyond Frames Entertainment AB
Bondegatan 21
SE-116 33 Stockholm
Webpage: Beyond Frames Entertainment
Email: ir@beyondframes.com
+46(0)708 34 34 85
About Beyond Frames Entertainment
Headquartered in Stockholm, Sweden, Beyond Frames is an XR-focused publisher with its development studios Cortopia, Moon Mode and partner studio Odd Raven. Offering creative and technical consulting, funding, marketing and publishing services, Beyond Frames partners with studios creating amazing XR products such as Ghosts of Tabor (Combat Waffle Studios), Outta Hand (Capricia Productions), ARK and ADE (Castello Inc.), Silhouette (Team Panoptes) and Mixture (Played With Fire), Beyond Frames Entertainment AB (publ) is listed on the Swedish Spotlight Stock Market, ISIN: SE0011614965.