Xplora Technologies AS: Monthly Subscriptions Update – December 2024

This quarter’s highlights:
- 61k new subscriptions (gross)
- Premium service subscriptions have surpassed 75k subscriptions
- Germany continues to be the largest gross contributor, with 6k connectivity additions in December

We expect our churn rate to be consistent with historic numbers, but now churning from a higher subscription base, we expect a more moderate net growth in subscriptions.

Note: Subscriptions encompass connectivity plans (mobile subscriptions), premium services, B2B service revenues, and service fees for Xplora smartwatches without Xplora mobile subscriptions (Nordics). Xplora has seasonal changes, especially related to Back-to-school and the Festive Season. The net growth in the subscription base will therefore fluctuate throughout the year.

For further information please contact:
Sten Kirkbak, CEO, +47 92203710, [email protected]
Knut Stålen, CFO, +47 92043458, [email protected]

About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market for children’s smartwatches. Xplora was founded to give children a safe onboarding to the digital life and a better balance between screen time and physical activity. Xplora’s vision is to enable children around the world to experience how their everyday activities can create value and make a positive change in the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.