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Xplora Technologies AS ( (DE:86P) ) just unveiled an announcement.
Xplora Technologies AS reported a significant revenue increase of 188% year-on-year in Q1 2025, primarily driven by the acquisition of Doro AB and the adoption of IFRS reporting. The acquisition is seen as a transformative move, enhancing profitability and expanding growth opportunities, particularly in the Senior and Youth markets. The company aims to grow its subscriber base to one million, leveraging new partnerships and product launches to support long-term growth ambitions.
More about Xplora Technologies AS
Xplora Technologies AS is a platform and services company that provides technology solutions to keep families 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. Founded in Norway, Xplora pioneered the Kids’ smartwatch category in Europe and has expanded to include phones and solutions for Youth and Senior markets, positioning itself as a leading European platform for family-centric services.
Average Trading Volume: 64,705
Current Market Cap: NOK1.66B
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