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Xplora Technologies AS: Monthly Subscriptions Update - December 2023

Xplora Technologies AS: Monthly Subscriptions Update - December 2023

As of December 31, 2023, Xplora Technologies has gained 24k new subscriptions, our highest monthly all-time growth. This brings the total to 257k, a 64% increase from December 2022 (157k).

In December, the USA was our best performing market in terms of net growth.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 92203710sten.kirkbak@xplora.com
Knut Stålen, CFO, +47 92043458knut.stalen@xplora.com

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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