Gloster 2025 continues its strong growth momentum in the second quarter

Gloster Digital Group Plc. closed the second quarter of 2025 with an open order backlog of HUF 3,494 million, representing a 29% increase compared to the adjusted, comparable base year following the sale of the system integration business in 2024. This growth is particularly noteworthy given that the Order backlog has Order backlog at an average rate of 70% (CAGR) since 2023, indicating the company's continued development.

The dynamic development of the order book shows that Gloster's renewed strategic focus – particularly on international markets and high value-added technology services – has already proven successful in the short term. By streamlining its portfolio and increasing the efficiency of its business operations, the company has been able to establish a stronger, more focused market presence, which lays the foundation for achieving its business objectives in the coming period. The increase in the volume of orders from new and existing customers clearly shows that the company has placed its long-term growth on a stable footing.

Gloster's quarterly open order book was as follows:

all data in millions of HUF, unaudited, unconsolidated data

Source: Gloster Finance Department

All products and services for which all subsidiaries belonging to the Gloster Group have valid orders but which have not yet been invoiced to customers are included in the open order portfolio.

The Company's order backlog increased by 29% from HUF 2,711 million in Q2 2024 to HUF 3,494 million in Q2 2025. This growth indicates the organic strengthening of current business activities and confirms the company's fundamental market position.

All figures in millions of Hungarian forints, unaudited, non-consolidated data

Source: Gloster Finance Department

One of the most significant milestones for the cloud business in the past six months was the successful completion of the 2024 merger. Two experienced professional teams combined their knowledge, customer base, and solutions, which not only ensured operational stability but also laid the foundation for further international growth. The integration went smoothly, while we continuously strengthened our market position in cloud-based services.

Based on our experience, our customers consider two things to be particularly important in the current economic environment: uninterrupted IT operations and data security. Our cloud-based solutions offer reliable answers in both areas – in addition to improving operational efficiency, we also ensure the protection of critical business data.

There is a noticeable increase in demand for customized, scalable, and secure cloud services, as well as solutions supported by artificial intelligence. Innovation will be the focus for the rest of the year. Our strategic goal is to be a leader in artificial intelligence and to provide smart, high-value-added services that give our customers a real competitive advantage. Building on our AI and cybersecurity competencies, we will further strengthen our position in the market.

We continue to maintain our stable position in the international software development business, while actively seeking growth opportunities and expanding our partner network.

In the DACH region, our open order backlog for the period after Q2 2025 remains stable among larger customers, in line with the trends outlined at the beginning of the year. Although a significant project expired during the quarter, we signed a long-term contract with a new Austrian partner with whom we see significant growth potential. In addition, we are running pilot projects with an increasing number of customers, the successful completion of which could lay the foundation for new orders. Overall, we have a positive outlook for the remainder of 2025.

In addition to the DACH region, our customers in the UK and US markets came up with new requests on top of their existing, stable orders, and our cooperation expanded in Q2 2025. We also managed to sign a contract with a new Western European customer, and we expect our cooperation to gradually expand in the second half of the year. We have also signed a new, significant customer contract in the domestic market, so we expect expansion in the Hungarian market in the second half of 2025. Overall, our global presence is strengthening, and although exchange rates pose a challenge in the short term and reduce profitability, we expect positive growth prospects in the longer term.

Upcoming, planned releases

2025 Q3 Order backlog - Second week of October 2025

This prospectus was prepared by Gloster Digital Group Nyrt. (registered office: 1038 Budapest, Fürdő u. 2.). This prospectus contains only factual information and reasonable conclusions based on reasonable calculations, which have been disclosed by the persons entitled to do so in accordance with the relevant legal obligations. This prospectus does not constitute an "investment recommendation" within the meaning of Section 5(1)(9) of the Capital Markets Act (Act CXX of 2001 on the Capital Market) and is not subject to the disclosure requirements of the Investment Services Act (Act CXXXVIII of 2007 on Investment Firms and Commodity Exchange Service Providers and the Rules Governing their Activities) and does not contain any investment analysis, financial instrument, exchange-traded products or their issuers, the disclosure of which, in itself or in any other way, could influence investors to make their own or other people's money or other assets, in whole or in part, dependent on the effects of the capital market. Gloster Digital Group Nyrt. and its representatives shall not be liable for any investment decisions based on conclusions drawn from the information contained in this prospectus, nor for any adverse legal consequences or financial losses resulting therefrom.

Nagytarcsa, July 15, 2025.

More information:

Dr. Adrienn Karlovich-Szabó

Investor Relations Officer

karlovich.szabo.adrienn@gloster.hu