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Xplora Technologies
Xplora Technologies (XPLRA) investor relations material
Xplora Technologies Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Achieved record Q4 revenue of NOK 606 million, up 154% year-over-year, and full-year revenue of NOK 1,918 million, with recurring services revenue at NOK 91 million and subscriptions reaching 476,000 (+33% y/y).
Gross profit rose 179% to NOK 312 million in Q4, and EBITDA reached NOK 101 million, both all-time highs, with full-year EBITDA at NOK 241 million.
Subscription base growth was driven by both Kids & Youth and Senior segments, with integration of Doro AB expanding scale and profitability.
Cash balance at year-end was NOK 423 million (+80% y/y), supporting operational flexibility.
Strategic focus on scaling subscriptions, expanding product offerings, and leveraging organic and inorganic growth to reach 1 million subscriptions by 2028/2029.
Financial highlights
Q4 2025 revenue: NOK 606 million (+154% y/y); gross profit: NOK 312 million (+179% y/y); EBITDA: NOK 101 million (margin 17%).
Gross margin improved to 51% in Q4 (up from 47% y/y); full-year gross margin at 52%.
Subscriptions reached 476,000 (+33% y/y); recurring services revenue NOK 91 million (+19% y/y); ARR at NOK 366 million (+19% y/y).
EBIT for Q4 was NOK 79 million, up from NOK 8 million in Q4 2024; net profit Q4: NOK 49.1 million.
One-off costs in FY25 included transaction and provision costs totaling NOK 24 million.
Outlook and guidance
Targeting 1 million subscriptions by 2028–2029, requiring annual growth of 100,000+ new subscriptions.
Growth expected from both Kids & Youth and Senior segments, with expansion into 4–5 new markets over the next five years.
Continued focus on profitable growth, expanding product grid, increasing MVNO markets, and uplisting preparations.
Ongoing investments in new devices, software, and AI to reinforce scalability and long-term growth.
Senior segment subscription scaling strategy
MVNO expansion market selection criteria
Sustain gross margin improvement drivers?
Doro Connect premium services ARPU impact?
What is the XploraOne telco/retail pipeline status?
What M&A criteria are prioritized for new markets?
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Next Xplora Technologies earnings date
Q1 202621 May, 2026
Xplora Technologies
Next Xplora Technologies earnings date
Q1 202621 May, 2026
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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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