Xplora Technologies AS (DE:86P) has released an update.
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Xplora Technologies AS reports a significant 49% increase in paying subscriptions, reaching 281k in June 2024, propelled by a notable 73% rise in new subscriptions this quarter. The company anticipates a stable churn rate and varying net subscription growth throughout the year due to seasonal trends. Xplora continues to lead the market in children’s smartwatches, focusing on safe digital experiences and physical activity for kids.
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