Today, the Board and management of Beyond Frames Entertainment announced a strategic reprioritization of its operations, targeting additional annual cost savings of approximately 15-20 MSEK.
As a result of the Company review announced on the 6th of May, the company proposes a new organizational structure that, if implemented, is expected to generate an additional annual cost savings of approximately 15-20 MSEK in operating expenses, with limited one-off costs primarily related to advisory and process expenses. The proposed new organizational structure is estimated to be in place during September 2026, subject to concluded negotiations. Including the cost saving targets announced on March 3rd 2026, the expected total generated annual cost savings, if implemented, is approximately 38-47 MSEK.
Beyond Frames and Cortopia are in advanced discussions with publishing partners and platform owners regarding future productions. Should agreements be reached during the negotiation period or any subsequent notice periods, the final scope of the proposed workforce reduction may be adjusted.
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 07-05-2026 11:03 CET.
For further information, please contact CFO Emma Partin, emma.partin@beyondframes.com or 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.