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 book of HUF 3,494 million, representing a 29% increase compared to the comparable base year adjusted for the sales of the systems integration business in 2024. This growth is particularly noteworthy in light of the fact that the growth rate of the open order book has averaged 70% (CAGR) since 2023, indicating the company's continued progress.

The dynamic development of the order book shows that Gloster's renewed strategic focus, especially 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 will lay the foundations for achieving its business objectives in the coming period. The increase in the volume of orders from new and existing customers shows that the company has put its long-term growth on a solid footing.

Gloster quarterly open order books for the quarter were as follows:

all data in millions of HUF, unaudited, unconsolidated data

Source: Gloster Finance Department

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

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

All data in millions in HUF, unaudited, unconsolidated data

Source: Gloster Financial Department

For the cloud business, one of the most significant milestones of 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 stability of operations, but also laid the foundation for further international growth. The integration went smoothly while we continued to strengthen our market position in cloud services.

In our experience, two things are particularly important to our customers in the current economic environment: the continuity of IT operations and the security of their data. Our cloud solutions provide a reliable answer to both - improving operational efficiency while protecting critical business data.

There is a noticeable increase in demand for customised, scalable and secure cloud services and AI-powered solutions. Innovation will be the focus for the rest of the year. Our strategic goal is to stay at the forefront of artificial intelligence and deliver smart, high value-added services that give our customers a real competitive advantage. We will build on our AI and cybersecurity competences to further strengthen our position in the market.

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

For the DACH region, our open order book beyond Q2 2025 remains stable for larger customers, in line with the trends outlined at the beginning of the year. Although a major project was phased out during the quarter, we have signed a short turnaround long-term contract with a new Austrian partner, in which we see significant growth potential. In addition, we are running pilot projects with an increasing number of clients, the successful completion of which could provide the basis for further orders. Overall, our outlook for the rest of 2025 is positive.

In the DACH region, in addition to the UK and US markets, we have seen new demand from our customers in addition to existing, stable orders, and expanded cooperation in Q2 2025. In addition, we have succeeded in signing a contract with a new customer in Western Europe, and we expect a gradual expansion of cooperation in the second half of the year. We have also signed significant new customer contracts in the Hungarian market, so we expect to see growth in the Hungarian market in the second half of 2025. Overall, our global presence is strengthening, and although currency exchange rates are challenging in the short term, reducing profitability, we expect positive growth prospects in the longer term.

Next, scheduled appearances

2025.Q3 Order backlog report - second week of October 2025

This Prospectus has been prepared by Gloster Digital Group Nyrt. (registered office: Fürdő u. 2, 1038 Budapest, Hungary) This Prospectus contains only factual information and reasonable conclusions based on reasonable calculations, which have been made public by the persons entitled to do so in accordance with the applicable legal obligations. This prospectus does not qualify as an “investment recommendation” pursuant to Section 5 (1) point 9 of Act CXX of 2001 on the Capital Market (Tpt.), and, in accordance with Section 4 (2) point 8 of Act CXXXVIII of 2007 on Investment Firms and Commodity Dealers, and on the Regulations Governing their Activities (Bszt.), it does not contain any analysis, proposal, or other information concerning an investment analysis, financial instrument, exchange-traded product or its issuer, the publication of which—either on its own or in combination with other information—could influence an investor to partially or fully base their financial or asset-related decisions on the effects of the capital market. Neither Gloster Digital Group Plc nor its representatives shall be liable for any investment decisions based on the conclusions drawn from the information contained in this prospectus, for any adverse legal consequences thereof or for any financial losses.

Nagytarcsa, 15 July 2025.

More Information:

dr. Adrienn Karlovich-Szabó

Investors relations officer

karlovich.szabo.adrienn@gloster.hu