Xplora Technologies AS ( (DE:86P) ) has provided an update.
Xplora Technologies reported a significant increase in subscriptions, reaching 361,000 as of January 2025, marking an increase of 101,000 from the previous year. This growth highlights the company’s robust business operations and its ability to capture seasonal subscription trends, driven by events like Back-to-school and the Festive Season, with the expectation of maintaining a stable churn rate. This development is likely to strengthen Xplora’s position in the children’s smartwatch market and provide positive implications for stakeholders.
More about Xplora Technologies AS
Xplora Technologies AS is a platform and services company, recognized as a leader in the children’s smartwatch market. Founded with the mission to provide a safe digital onboarding for children while promoting a balance between screen time and physical activity, Xplora aims to empower children to see the value and positive impact of their daily activities. The company operates primarily in European markets and is headquartered in Norway, listed on Euronext Growth under the ticker XPLRA.
YTD Price Performance: -3.07%
Average Trading Volume: 9,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €117.3M
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