First contact

Gloster Digital Group Nyrt. closed the third quarter of 2025 with an order backlog of 2,563 million forints, representing a 32% increase compared to the same period of the previous year, noting that the 2024 figure no longer includes the sold systems integration business unit[1] . Over the past two years, the order backlog has grown by an average of more than 50% annually (CAGR).
Gloster's quarterly open order backlog was as follows:
All figures are in millions of forints; these are unaudited, non-consolidated figures
Source: Gloster Finance Department
The open order backlog includes all products and services for which all subsidiaries of the Gloster Group have valid orders but which have not yet been invoiced to customers. This includes outstanding orders to be fulfilled by the end of 2025.
The Company’s order backlog increased by 32%, rising from 1,948 million forints in Q3 2024 to 2,563 million forints in Q3 2025.

All figures are in millions of forints; these are unaudited, non-consolidated figures
Source: Gloster Finance Department
Cloud Solutions
The merger process, which began in 2024, is proceeding according to schedule. During the integration, we have devoted significant resources to optimizing processes, which will result in synergies and cost efficiencies in the medium term.
Two key industry trends are driving growth in this business segment:
Through our new partnership with Cloudflare, we hope to participate in enterprise-level, high-volume projects—our first joint projects are already underway, with positive customer feedback.
Digital Solutions Division
Our open order backlog from the German market remains stable following the third quarter.
Compared to the same period last year, some of our smaller projects have come to an end; however, in the third quarter of 2025, we began working with new clients—albeit with smaller-volume orders for now—which lays a promising foundation for future growth. We are optimistic about the upcoming negotiations regarding orders for next year.
Business development continued in both the United Kingdom and the United States: in addition to expanding our business with existing clients, we established new, strategic-level partnerships that could have a significant impact on revenue by 2026.
Upcoming releases
Q4 2025 Open Order Backlog Report - Second week of January 2026
This prospectus was prepared by Gloster Digital Group Nyrt. (headquarters: 1038 Budapest, Fürdő u. 2.). This prospectus contains only factual information and conclusions based on reasonable calculations, which have been disclosed by the authorized parties in accordance with applicable legal obligations. This prospectus does not constitute an “investment recommendation” within the meaning of Section 5(1)(9) of the Tpt. (Act CXX of 2001 on the Capital Market) and, pursuant to the Bszt. (Act CXXXVIII of 2007 on Investment Firms and Commodity Exchange Service Providers and the Rules Governing Their Activities), does not contain any analysis, recommendation, or other information regarding investment analysis, financial instruments, exchange-traded products, or their issuers, the disclosure of which, in and of itself or in any other way, could influence an investor to make their own or another’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 assume no liability for investment decisions based on conclusions drawn from the information in this prospectus, nor for any adverse legal consequences or financial losses resulting therefrom.
Budapest, October 13, 2025.
For more information:
Dr. Adrienn Karlovich-Szabó
investor relations officer
karlovich.szabo.adrienn@gloster.hu
[1] The system integration business unit was sold at the end of 2024.
