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Xplora Technologies AS ( (DE:86P) ) has issued an update.
Xplora Technologies has achieved a significant milestone by reaching 434,000 subscriptions as of August 31, 2025, marking an increase of 119,000 from the previous year. This growth underscores the company’s strategic focus on expanding its recurring service revenue and moving towards its long-term goal of 1 million subscriptions. The recent launch of services in the Youth market and the Senior segment has been successful, contributing to the increase in subscriptions. The company’s subscription base, which includes mobile subscriptions, premium services, and service fees for smartwatches, is subject to seasonal fluctuations, particularly during the Back-to-school and Festive Season.
More about Xplora Technologies AS
Xplora Technologies AS is a platform and services company based in Oslo, Norway, specializing in technology solutions that help families stay connected and safe. The company designs smart devices and services for Kids, Youths, and Seniors, focusing on secure communication and promoting physical activity and digital balance. Xplora pioneered the Kids’ smartwatch category in Europe and has expanded its offerings to include phones and solutions for the Youth and Senior markets, positioning itself as a leading European platform for family-centric services.
Average Trading Volume: 56,633
Current Market Cap: NOK2.2B
Learn more about 86P stock on TipRanks’ Stock Analysis page.