2026/01/16
Stable open order book in line with the focused portfolio
Gloster Digital Group Plc. closed the fourth quarter of 2025 with an open order backlog of HUF 4,526 million.The backlog remains high and stable, significantly exceeding the level of the fourth quarter of 2023 (HUF 2,960 million). Based on the past two years, the order backlog showed an average annual growth rate (CAGR) of 24%, reflecting the strengthening of the group's market presence and service portfolio.
Gloster quarterly open order books for the quarter were as follows:
| Quarterly | Business year | Open order book | % change compared to the same period of the previous year | Open order stock Without System integration business | % change compared to the same period of the previous year Excluding the system integration business |
| Q1 | 2023 | 1320 | 827 | ||
| 2024 | 3470 | +163% | 2948 | +257% | |
| 2025 | 3939 | +13% | 3939 | +34% | |
| Q2 | 2023 | 1410 | 1211 | ||
| 2024 | 3369 | +139% | 2711 | +124% | |
| 2025 | 3494 | +4% | 3494 | +29% | |
| Q3 | 2023 | 1519 | 1117 | ||
| 2024 | 2584 | +70% | 1948 | +74% | |
| 2025 | 2563 | -1% | 2563 | +32% | |
| Q4 | 2023 | 4134 | 2960 | ||
| 2024 | 4739 | +15% | 4703 | +59% | |
| 2025 | 4526 | -4% | 4526 | -4% |
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 order backlog in Q4 2025 is HUF 4,526 million, which provides a stable price base for the next period. The value for Q4 2025 is moderately lower than that for Q4 2024. The change is due to the quarterly dynamics of the order portfolio, the completion of projects, and the timing of new orders entering the portfolio. The change is due to the quarterly dynamics of the order backlog, the completion of projects, and the timing of new orders entering the backlog. The open order backlog continues to provide meaningful visibility into the performance of the next period. In terms of the structure of the order backlog, it is based on services delivered by the Cloud Solutions and Digital Solutions business units. In terms of order book structure, it is based on services delivered by the Cloud Solutions and Digital Solutions business lines. This is in line with the Group's strategic focus, which supports increasing the proportion of higher value-added, scalable and internationally competitive activities.
All data in millions in HUF, unaudited, unconsolidated data
Source: Gloster Financial Department
Cloud Solutions business unit
The Cloud Solutions business unit's open order backlog consists of continuously demanded cloud-based services and related operational and modernization projects, which are currently driven mainly by security enhancements related to NIS2 compliance, as well as AI transformation needs related to Copilot and Azure AI-based solutions, which are increasingly entering the implementation phase.
Digital Solutions business unit
After the fourth quarter of 2025, our existing regular projects in the DACH, US, and UK regions will continue uninterrupted, and two to three new pilot projects are also in preparation or implementation. Orders for the current year are coming in steadily during the first quarter.
At the end of 2025, several projects were launched on the domestic market, which are expected to be completed in the second quarter of 2026.
Next, scheduled appearances
Q1 2026 Order backlog – second week of April 2026
This report has been prepared by Gloster Digital Group Nyrt. (registered office: 1038 Budapest, Fürdő u. 2.). This report contains only factual information and 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 accept no responsibility for investment decisions based on conclusions drawn from the information contained in this prospectus, or for any adverse legal consequences or financial losses resulting therefrom.
Budapest, January 16, 2026
More Information:
dr. Adrienn Karlovich-Szabó
Investors relations officer
