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Xplora Technologies AS: Trading update Q4 21

Xplora Technologies AS: Trading update Q4 21
Oslo, 12 January 2022
Xplora Technologies (‘Xplora’) is today announcing a trading update for Q4 2021.

Xplora exited 2021 with 123k mobile subscribers. The mobile subscriber base increased by 60% in 2021 from 77k mobile subscribers at the end of 2020. After the launch of bundled smartwatch/subscription sales on Amazon in December 2021 Xplora has gained more than 1k mobile subscribers in the US market.

Xplora sold a total of 395k smartwatches during 2021, +83% from 2020 volumes of 216k and in line with the revised guidance given in the company's Q3 2021 trading update.

Xplora will release its full Q4 21 report on 17 February 2022.

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.