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Regulatory press release

Xplora Q4 25 Exceptional quarterly revenue of NOK 606m and EBITDA of NOK 101m

Xplora Technologies
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Oslo, 27 February 2026 -- Xplora Technologies AS ("Xplora") today published its results for the fourth quarter and full year 2025, reporting strong year-over-year growth in both revenue and operating profits.

Through the integration of the Senior segment and continued execution in the Kids & Youth segment, Xplora has expanded its platform and strengthened the earnings capacity of the Group. This resulted in all-time high revenue of NOK 606m, a gross margin of 51%, and a record-high EBITDA of NOK 101m in the fourth quarter 2025.

“We have strengthened our position as the leading European familiy platform for connected devices and services, and we see a clear path towards our goal of reaching one million subscriptions”, says CEO Sten Kirkbak in Xplora.

At the end of 2025 the company had 476k subscriptions, an increase of 33% from the end of 2024. This generated 22% growth in service revenue in 2025 and combined with the higher device sales this contributed to improved gross profits and sharply higher EBITDA.

Revenue for the full year 2025 increased to NOK 1.9b, demonstrating the increased scale of Xplora after establishing of the Senior segment through the acquisition of Doro AB. Gross margin improved to 52%, which also contributed to the EBITDA-improvement to NOK 241m for 2025.

“Going forward we will continue to focus on subscription growth, on the further broadening of our products and service offering across all segments, and on expansion into new geographies. With a highly scalable platform this will continue to yield strong results”, says Kirkbak.

The expansion of the product grid is already underway with the launch of XploraOne, a feature phone for kids set to extend customer lifetime in the Kids & Youth segment. The launches of Aurora and Leva series delivered strong growth in the Senior segment in 2025, with the Group expecting continued demand into 2026. Xplora also continues to develop and roll out solutions for the Senior market to capture the significant service revenue potential within this segment. In terms of new geographies, Xplora targets entering 4-5 new MVNO markets over the next five years. Across the portfolio, Xplora also continues to explore possibilities to strengthen its service offering through new software initiatives and safe AI solutions, further reinforcing the scalability of Xplora’s subscription model.

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The company will present the financial results for the fourth quarter and full year 2025 today at 08:00 CET at the Company’s new headquarters in Kongens gate 31, 0153 Oslo.

Program (all times in CET):
07:00: Q4 2025 report published on NewsWeb and Xplora IR website.
08:00: Live and webcasted presentation of Q4 2025 results by CEO Sten Kirkbak,
CFO Knut Stålen, CMO Lise Platou af Ekenstam, Doro CEO Kjetil Fennefoss, and
Doro VP Products Tommy Krznaric, including Q&A.

The presentation will be transmitted via live webcast on the company's website at www.xplora.com/investor, and a recording will be made available on the company's website after the event.

For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com

The information contained in this statement has not been audited and may be subject to change. This information is subject to disclosure requirements in Regulation EU 596/2014 (MAR) article 19 no. 3 and the Norwegian Securities. Trading Act section 5-12.

About Xplora Technologies AS:
Xplora Technologies is a Norway-founded, technology company creating smart devices, services and communication solutions for children, youth and seniors that keep families connected, safe, and balanced. The company's purpose is to build a safer and healthier digital life for all generations. As the pioneer of the kids' smartwatch category in Europe, Xplora Technologies today serves the full spectrum of family needs from early childhood to later life, through its two brands Xplora and Doro. The company positions itself as a family-first organization and a trusted advisor for parents and caregivers throughout the digital journey, delivering the right technology at the right time. Xplora Technologies is headquartered in Oslo, Norway with operations in leading European markets and North America. The company is listed on Euronext Growth under the ticker XPLRA.

Attachments
Xplora Q4 2025 Report
Xplora Q4 2025 Presentation

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