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Xplora (XPLRA) investor relations material
Xplora Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary15 Aug, 2025
Executive summary
Revenue surged 160% year-over-year in H1 to NOK 802 million, with recurring revenue up 26% to NOK 161 million and gross profit up 165%; EBITDA reached NOK 69 million, including NOK 19–20 million in one-off acquisition-related costs.
Subscriptions grew 40% year-over-year to 393,000–406,000, with a stable 37% watch-to-service conversion rate; recurring service revenue now covers all operating costs (excluding marketing).
Major product launches included Aurora and Leva smartphones (Senior), Doro Connect SIM, and the Xplora Guardian App for Youth.
Expansion into Canada and a new B2B licensing agreement with HMD Global were announced, opening new revenue streams.
Strong cash position of NOK 530 million provides financial flexibility for continued growth.
Financial highlights
Q2 2025 revenue was NOK 463 million, up 143% year-over-year; gross profit rose to NOK 231 million, with gross margin at 50%.
EBITDA for Q2 was NOK 51 million, up 191% year-over-year; EBIT improved to NOK 37 million.
Cash balance at quarter-end stood at NOK 530 million, up 319% year-over-year.
CapEx in Q2 was NOK 15 million, split between senior and kids/youth segments.
Net finance expenses in Q2 were NOK 61 million, mainly due to currency losses and acquisition loan interest.
Outlook and guidance
Focus remains on growing core business in kids and youth, with Doro Connect launching in more Nordic and European markets in Q3 and Q4.
Targeting one million subscriptions within three to four years and significant conversion data by end of Q3.
Transitioning from a kids smartwatch company to a family IoT company with expanded service offerings and increased profitability.
How did Doro AB acquisition affect finance expenses?
What's driving margin improvements in Kids & Youth?
What's the plan for Doro Connect rollout?
Doro's inventory build-up rationale?
Detail HMD licensing agreement terms.
Explain Kids & Youth growth target change.
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Q3 202526 Nov, 2025
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Frequently asked questions
Xplora Technologies is a major provider of wearable smart technology for children and families in Norway and internationally. Xplora Technologies develops, produces and sells high quality smart watches joyfully designed with children and parents in mind. The company was founded in 2016 and is headquartered in Oslo, Norway.
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