contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Xplora Technologies AS is a Norwegian based company that develops and sells smartwatches designed to safely onboard children to the digital world. Xplora Technologies was listed on the Euronext Growth Oslo market in Nov 2020. Xplora Technologies gives parents the confidence to allow their children to play freely outside by providing connectivity and additional safety solutions whilst simultaneously incentivising physical activity and engagement with ESG initiatives through its digital Goplay platform. Together with producing and selling hardware Xplora Technologies generates recurring revenues from value-adding services and connectivity referred to as the Xplora Service Platform. Xplora also extends third-party licenses of the service platform to other smart devices producers, further extending upselling capabilities.

This varies by region. In some regions, even smartwatch phones must be kept in backpacks. On the other hand, this is a bit of a Finnish phenomenon. In German-speaking Central Europe, the prevalence of phones among children is remarkably low. In Germany and Switzerland, some children feel they have no use for a phone. My Swiss friend’s child received a phone at age 13 and brought it back on the third day, wanting to return it. They claim that German TikTok apparently gets filled with far-right content very quickly, at least for child profiles.

The Finnish Institute for Health and Welfare’s (THL) new digital recommendations do not recommend smartphones for children under 13, suggesting at most phones with limited features. This could benefit Xplora’s bottom line, at least to some extent. There is no information regarding recommendations in other Nordic countries. My own child is in first grade, and smartphones are not allowed at school. I don’t know how this is monitored, or if they can still be kept in a backpack? But a smartwatch phone is allowed on the wrist.

Q3 results are out. Quarterly revenue exceeded half a billion (NOK) for the first time. And according to the CEO, “the senior and youth market is only in its early stages.”  Xplora Q3 25 Surpassed half a billion in quarterly revenue, with record-high EBITDA Xplora Technologies Oslo, 26 November 2025 – Xplora Technologies AS (“Xplora”) today published its results for the third quarter 2025. Revenue in Q3 2025 more than doubled to NOK 510m, exceeding half a billion for the first time in a single quarter. EBITDA came in at NOK 72m in the quarter. “We report a solid year-on-year increase of 36% in our subscription base reaching a total subscription base of 443k. This yielded a 19% increase in service revenue to NOK 90m, corresponding to an ARR of NOK 358m” says CEO Sten Kirkbak. “With the Senior and Youth markets still in the early stages, the subscription opportunities are significant”, Kirkbak adds. Gross margin increased to 52% in the quarter, supported by the introduction of new product series with lower cost of goods sold and channel optimization, generating a 122% year-on-year increase in gross profit to NOK 263m. EBITDA increased by 133% to NOK 72m, corresponding with an EBITDA-margin of 14%. Year-to-date (YTD) 2025, group revenues reached NOK 1.3b, up 135% from the same period last year. Gross profit YTD was NOK 685m, a year-on-year increase of 146%, whereas EBITDA increased by 169% to NOK 140m. “With our strong performance in Q3 and year-to-date, we have established a solid foundation for continued growth and expansion. At today’s Capital Markets Day, we will demonstrate how we intend to leverage these opportunities as we progress toward—and beyond—one million subscriptions,” says Kirkbak. Building on this momentum, the roadmap and growth opportunities we will present at today’s CMD, and to support our long-term capital markets strategy, the board of directors of Xplora has decided to initiate a process for analysing alternatives for an uplisting from Euronext Growth to Oslo Stock Exchange, Nasdaq Stockholm or another regulated marketplace. The ambitions are that the process is completed within 12 months, subject to prevailing market conditions and regulatory approvals.

CEO has made purchases Nordea’s latest comment on Q3 orders.

Hopefully, a comparison of the HMD Fusion X1 with the Xplora app would be published, for example, to the regular Fusion with Google Family Link. The Fusion X1 with Xplora’s guardian app has been marketed as not having pre-installed programs, but rather that the activation of all of them can be monitored through the guardian app. Contacts (calls and SMS) are also managed with the guardian app. I personally don’t really know Family Link, but I’ve understood that children learn to bypass it. From Xplora’s business perspective, the risk in this HMD offshoot is minimal. The main focus is on the continuous revenue stream from smartwatch phones and the continuous revenue stream from Xplora subscriptions for Doro’s senior phones. I just bought my daughter an Xplora X6 Play, which her siblings already have good experience with. From the perspective of my personal finances, I was disappointed, and as an investor, I purred with satisfaction when I failed to circumvent Xplora’s service fees with a 5-euro Telia prepaid card. With that subscription, adding the watch would have required paying a 9€ monthly fee to Xplora. I ultimately ended up pouring my money into Xplora’s coffers and took their own subscription for 9€/month with a 12-month upfront payment.

That phone made with HMD is indeed interesting, because it allows for very detailed customization of the child’s phone’s content. Our child is 8 years old and has managed the first two grades with a smartwatch phone. Now all friends have mobile phones, so the child will likely get a phone as a 9th birthday present. That Fusion X1 is certainly high on the list of options, although the monthly price of 5.99 euros for the app to be acquired by parents sounds quite high. On the other hand, I would like to decide what apps go on the child’s phone, and completely block browser access, so maybe it’s worth that money. Or can these be restricted in other ways, e.g., through Google’s own parental control features?

Redeye initiates coverage of Xplora. Unfortunately, the link is missing because the link in Nordnet did not work.  Xplora Technologies: Life’s journey, connected every step of the way - Redeye tänään klo 09.05 ∙ Finwire CRF  Redeye initiates coverage of Xplora, a fast-growing family IoT company with a proven recurring revenue model and entrenched positions in both the children’s and senior segments. We believe the market underestimates the earnings potential of Xplora’s expanding subscription base and the strategic value of its recent acquisition of Doro. Xplora will start scaling its existing proven subscription model through Doro’s 1.2m senior phones. Redeye expects service sales to grow at a 45% CAGR over the next five years on a maintained ~80% gross margin. EBITDA should grow at a CAGR of 39%, with the EBITDA margin anticipated to reach 14% by 2026e. Xplora Technologies: Life’s journey, connected every step of the way - Redeye

Xplora Technologies

* Xplora has the tools to drive a good senior conversion rate * We forecast a ~30% EBITA CAGR from '25e to '28e... * ... leading EV/EBITA to drop from 17x in '25 to 6.5x in '28e We slightly ...

* Xplora has the tools to drive a good senior conversion rate * We forecast a ~30% EBITA CAGR from '25e to '28e... * ... leading EV/EBITA to drop from 17x in '25 to 6.5x in '28e We slightly postpone the ramp-up of senior subscriptions... Q4 was another strong quarter, driven by strong device revenue and GM in the senior segment. The ARPU was disappointing, however, and we therefore cut ARPU by 8% for ‘27e-‘28e. We have also delayed the ramp-up of subscriptions in the senior segment, as Xplora has not yet announced that it has reached a meaningful number of subs (&gt;10k). Hence, we lower our expectation for senior subscriptions at YE'26 from to 62k to 34k. Additionally, we extend the ramp-up period, and now expect it to reach a steady state conversion rate of 12% in Q4’27e (from Q1’27e, which was likely too optimistic) with a gradual ramp-up until then. This is, however, mostly offset by a higher conversion rate in the Kids segment. This lifts ‘26e EBITA by 17%, but lowers ‘28e by 4%. ... but still see good long-term potential With ~1.2m senior phones sold annually, converting senior customers to recurring subscribers is the key value driver. By the end of H1’26, Doro Connect will be live on its own webstores across all markets, followed by a retail rollout. We have looked at the LTV/CAC of product discounting and argue that as long as the GM is 60% or higher, the LTV/CAC of giving free feature phones in exchange for subscriptions is very attractive (see inside the report). We therefore argue that Xplora has the necessary tools to drive a high conversion rate in the senior segment. Keep in mind that we have assumed some CAC in our estimates which is directly expensed over the P&amp;L, underestimating the underlying earnings. If we rather were to capitalise it and depreciate it over five years, '27e EBITA would increase by NOK 30m or 12%. Fair value range of NOK 47-81/share Xplora is now trading at 13.9x '26e EV/EBITA, which drops to 6.5x in '28e. Our DCF scenarios point to a fair value of NOK 47-81/share.