As of May 31, 2024, Xplora Technologies had 270k paying subscriptions, a 50% increase from May 2023 (180k). 
 
This month’s highlights: 
- 17k new subscriptions (gross)
 
We expect our churn rate to be consistent with historic numbers, but now churning from a higher subscription base, we expect a more moderate net growth in subscriptions.  
 
Note: Subscriptions encompass connectivity plans (mobile subscriptions), premium services, B2B service revenues, and service fees for Xplora smartwatches without Xplora mobile subscriptions (Nordics). Xplora has seasonal changes, especially related to Back-to-school and the Festive Season. The net growth in the subscription base will therefore fluctuate throughout the year. 
 
For further information please contact: 
Sten Kirkbak, CEO, +47 92203710, sten.kirkbak@xplora.com 
Knut Stålen, CFO, +47 92043458, knut.stalen@xplora.com 
 
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 in the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.