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Monthly Subscriptions Update - January 2024

Monthly Subscriptions Update - January 2024

As of January 31, 2024, Xplora Technologies reached 260k in subscriptions, a 60%
increase from January 2023 (163k).

This month highlights:
- 11K new subscriptions (gross)
- Passed 10K in total subscriptions from revenue share agreements

Due to seasonality, Xplora typically has seen a flat level in total subscriptions in Q1, which we believe will also be the case this year.

We continue to commit in providing monthly updates on subscriptions until the end of Q1 2024, with a reassessment thereafter.

Note: Subscriptions encompass connectivity plans (mobile subscriptions), premium services, telco operator revenue share, 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,
Knut Stålen, CFO, +47 92043458,

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.
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