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Xplora Technologies AS: Monthly Subscriptions Update - October 2023

Xplora Technologies AS: Monthly Subscriptions Update - October 2023

As of October 31, 2023, Xplora Technologies has gained 3k new subscriptions, bringing the total to 229k, a 57% increase from October 2022 (146k). We commit to providing monthly updates on subscriptions until the end of Q1 2024, with a reassessment thereafter. Note: Subscriptions encompass connectivity plans, 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, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 92043458, knut.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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