Xplora Technologies AS: Trading update Q2 21 – Strong smartwatch and mobile subscriber growth

Oslo, 8 July 2021

Xplora Technologies (‘Xplora’) is today announcing a trading update for Q2 21.

For Q2 21 Xplora will report sales of 79k smartwatches. This represents a y/y growth of 180% from the 28k smartwatches sold in Q2 20, and 28% growth from Q1 21.

In Q1 21 Xplora reported a 155% y/y growth in smartwatch sales with 62k units sold. For H1 21 Xplora has sold 141k smartwatches, up 168% from the 52k smartwatches sold in H1 20.

Xplora exited Q2 21 with 94k mobile subscribers in the Nordic markets. This 
represents a y/y growth of 79% from 53k subscribers in Q2 20, and up 18% sequentially from 80k subscribers in Q1 21.


Xplora is scheduled to release its full Q2 21 report on 31 August 2021.

For further information please contact:
Sten Kirkbak, CEO +47 9220 3710
Mikael Clement, CFO +47 9900 8000
Karen Guillot Ruiz: Business Analyst +47 9488 5859

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 to the world. The company is headquartered in Norway with operations in leading European markets.

The information contained in this statement has not been audited and may be subject to change.

 

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