Xplora Technologies

Xplora reported soft revenue and gross profit for the seasonally weak Q1, 3% and 7% lower than Bloomberg consensus, respectively. Xplora has launched its first retail launch for Senior SIM with Power, which is an important milestone towards capturing...

* Q1 EBITDA -35% vs cons on lower ARPU and Kids device sales * Doro Connect and XploraOne progressing well * Expect cons to cut '26 EBITDA by 5-7%, share to follow EBITDA NOK 28m, -35% vs cons Revenue was NOK 376m, -3% below FactSet cons of NOK 387m ...

Xplora's Q1 revenue came in at NOK 376m in a seasonally weak quarter, 3% lower than consensus. Gross profit came in at NOK 204m, 7% weaker than consensus. Opex was in line with consensus, but EBITDA came in at NOK 28m, 15m lower than consensus driven...

Xplora's monthly subscriptions update shows that the Xplora Kids subscriber base for April 2026 ended at 480k (Xplora does not give a split for the subscriber base). The company continued its strong conversion of new subscribers with a gross inflow of...

Ahead of Xplora's Q1 report, we decrease our 2026-28 EBITDA estimates by 4-6%, owing to slightly lower device sales for the Kids segment and a slightly slower increase in the Senior conversion rate during 2026. We argue that rolling out subscriptions...

* 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...