Xplora Technologies AS ( (DE:86P) ) has shared an announcement.
Xplora Technologies reported a strong financial performance for Q4 2024, with a 15% increase in revenue and a significant rise in profitability, driven by a 28% growth in high-margin service revenue. The company is expanding its strategic scope to include the Senior and Youth markets, supported by the acquisition of Doro AB, which is expected to double its revenue base and triple EBITDA, enhancing its market position and growth potential.
More about Xplora Technologies AS
Xplora Technologies AS is a platform and services company specializing in children’s smartwatches. Founded to provide a safe digital onboarding for children, the company aims to balance screen time with physical activity. Headquartered in Norway, Xplora operates in leading European markets and is listed on Euronext Growth under the ticker symbol XPLRA.
YTD Price Performance: -1.53%
Average Trading Volume: 9,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €116M
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