Xplora Technologies AS: Monthly Subscriptions Update February 2025

06 Mar 2025 13:20 CET

As of February 28, 2025, Xplora Technologies has 358k subscriptions, an
increase of 100k from February 2024 (258k).

This month's subscription update reflects Xplora Technologies' existing
business operations.

This month's highlight:
- 9k new subscriptions (gross)

Note: We expect our churn rate to be consistent with historic numbers.
Subscriptions encompass connectivity plans (mobile subscriptions), premium
services, B2B service revenues, 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.

More information:
Access the news on Oslo Bors NewsWeb site

640573_Xplora Technologies AS- Monthly Subscriptions Update February 2025.pdf