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The latest update is out from Xplora Technologies AS ( (DE:86P) ).
Xplora Technologies reported a significant milestone, reaching 358,000 subscriptions by the end of December 2024, marking a 101,000 increase from the previous year. This growth includes 61,000 new subscriptions this quarter and over 75,000 premium service subscriptions. Germany remains the largest contributor to this growth. The company expects a consistent churn rate, but with a larger subscription base, a more moderate net growth is anticipated. Seasonal fluctuations, particularly during back-to-school and festive periods, will affect net growth throughout the year.
More about Xplora Technologies AS
Xplora Technologies AS is a platform and services company specializing in children’s smartwatches, aiming to provide a safe digital onboarding for children and promote a balanced lifestyle. The company operates in leading European markets, with its headquarters in Norway, and is listed on Euronext Growth under the ticker symbol XPLRA.
YTD Price Performance: 3.45%
Average Trading Volume: 9,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €123.4M
For a thorough assessment of 86P stock, go to TipRanks’ Stock Analysis page.
