Xplora Q4 25 Exceptional quarterly revenue of NOK 606m and EBITDA of NOK 101m

27 Feb 2026 07:00 CET

Oslo, 27 February 2026 -- Xplora Technologies AS ("Xplora") today published
its results for the fourth quarter and full year 2025, reporting strong
year-over-year growth in both revenue and operating profits.

Through the integration of the Senior segment and continued execution in the
Kids & Youth segment, Xplora has expanded its platform and strengthened the
earnings capacity of the Group. This resulted in all-time high revenue of NOK
606m, a gross margin of 51%, and a record-high EBITDA of NOK 101m in the
fourth quarter 2025.

"We have strengthened our position as the leading European familiy platform
for connected devices and services, and we see a clear path towards our goal
of reaching one million subscriptions", says CEO Sten Kirkbak in Xplora.

At the end of 2025 the company had 476k subscriptions, an increase of 33% from
the end of 2024. This generated 22% growth in service revenue in 2025 and
combined with the higher device sales this contributed to improved gross
profits and sharply higher EBITDA.

Revenue for the full year 2025 increased to NOK 1.9b, demonstrating the
increased scale of Xplora after establishing of the Senior segment through the
acquisition of Doro AB. Gross margin improved to 52%, which also contributed
to the EBITDA-improvement to NOK 241m for 2025.

"Going forward we will continue to focus on subscription growth, on the
further broadening of our products and service offering across all segments,
and on expansion into new geographies. With a highly scalable platform this
will continue to yield strong results", says Kirkbak.

The expansion of the product grid is already underway with the launch of
XploraOne, a feature phone for kids set to extend customer lifetime in the
Kids & Youth segment. The launches of Aurora and Leva series delivered strong
growth in the Senior segment in 2025, with the Group expecting continued
demand into 2026. Xplora also continues to develop and roll out solutions for
the Senior market to capture the significant service revenue potential within
this segment. In terms of new geographies, Xplora targets entering 4-5 new
MVNO markets over the next five years. Across the portfolio, Xplora also
continues to explore possibilities to strengthen its service offering through
new software initiatives and safe AI solutions, further reinforcing the
scalability of Xplora's subscription model.

---

The company will present the financial results for the fourth quarter and full
year 2025 today at 08:00 CET at the Company's new headquarters in Kongens gate
31, 0153 Oslo.

Program (all times in CET):
07:00: Q4 2025 report published on NewsWeb and Xplora IR website.
08:00: Live and webcasted presentation of Q4 2025 results by CEO Sten Kirkbak,
CFO Knut Stålen, CMO Lise Platou af Ekenstam, Doro CEO Kjetil Fennefoss, and
Doro VP Products Tommy Krznaric, including Q&A.

The presentation will be transmitted via live webcast on the company's website
at www.xplora.com/investor, and a recording will be made available on the
company's website after the event.

For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com

The information contained in this statement has not been audited and may be
subject to change. This information is subject to disclosure requirements in
Regulation EU 596/2014 (MAR) article 19 no. 3 and the Norwegian Securities.
Trading Act section 5-12.

About Xplora Technologies AS:
Xplora Technologies is a Norway-founded, technology company creating smart
devices, services and communication solutions for children, youth and seniors
that keep families connected, safe, and balanced. The company's purpose is to
build a safer and healthier digital life for all generations. As the pioneer
of the kids' smartwatch category in Europe, Xplora Technologies today serves
the full spectrum of family needs from early childhood to later life, through
its two brands Xplora and Doro. The company positions itself as a family-first
organization and a trusted advisor for parents and caregivers throughout the
digital journey, delivering the right technology at the right time. Xplora
Technologies is headquartered in Oslo, Norway with operations in leading
European markets and North America. The company is listed on Euronext Growth
under the ticker XPLRA.

More information:
Access the news on Oslo Bors NewsWeb site

667052_Xplora Q4 2025 Presentation.pdf
667052_Xplora Q4 2025 Report.pdf