2026 Q1 -tulosraportti
56 päivää sitten
‧54 min
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 19.8. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 21.5. | ||
2025 Q4 -tulosraportti 27.2. | ||
2025 Q3 -tulosraportti 26.11.2025 | ||
2025 Q2 -tulosraportti 15.8.2025 | ||
2025 Q1 -tulosraportti 23.5.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
·3 t sittenThanks Himalaya and Jorgy for good perspectives on my post below. I completely agree that there can potentially be significant upside in the senior segment and that Xplora generally is a very exciting company. I have always seen Xplora as the best «anti-screen call» in the market, precisely why I am considering buying in again. But still: 1. Regarding Premium/Service Fee, I naturally understand that it's not about cannibalization as such. My point is that these subscription types are included in total subscriber numbers, even though they have significantly lower revenue contribution. In Germany, I now see that Premium is included in the 24-month subscription packages. This means that the monthly subscriber numbers will gradually “dilute” by increasingly more contracts with lower ARPU being added to the total. In Q1 this year, Premium and Service Fee accounted for a full 51 % of the growth in the number of subscriptions. This can also be an important explanation for the drop in ARPU (in addition to geography). I also wonder how Xplora counts the German customers who automatically receive Premium with their mobile subscription. Are these counted both as Mobile and Premium (i.e., double counting), or not? 2. Regarding the share issue, I still maintain that this was a negative event. That Xplora did not use existing liquidity or take on more debt is due, as I see it, precisely to the fact that they would have breached one or more loan covenants, for example net debt/EBITDA, minimum liquidity, 12-month forward EBITDA or similar. (I assume the covenants are described in the annual report, but have not checked this.) That they had to raise equity therefore indicates not only that there was limited room to increase net debt, but also that cash flow from operations was not strong enough to support a higher debt intake. In my opinion, it also says something about the underlying earning capacity (at least how the bank assesses this). 3. The CEO subscribed for around 5,800 shares, which only constituted a small fraction of what he would have had to subscribe for to maintain his ownership stake. I therefore do not agree with you, Himalaya, that insiders generally subscribed in this share issue. Not much skin-in the game here. Also a somewhat negative signal. Don't you agree?
I am absolutely sure that Xplora does not double-count subscriptions; that would be fraud, which is not looked upon favorably if one is listed on the stock exchange. The fact that the company gains more premium subscribers is not a bad thing, just because ARPU would seemingly become lower. ARPU will naturally become lower no matter what one does, as Scandinavia is becoming a mature and potentially saturated market (the latter applies to Norway in isolation). That does not mean that margin per user becomes lower; it is approximately the same based on what the company has told shareholders. Regarding the share issue, they did something strange: they financed it with cash on hand, only to raise money afterwards. I'm not bothering to check covenants right now, but I think you're exaggerating if you believe they would have breached conditions. The CEO has almost his entire fortune invested in Xplora; it's natural that he also wants to use some of his money on other things. At least I would have done that. It's also worth mentioning that the CEO and others in management accepted the last share issue despite being diluted themselves.
23 t sittenNordea: We expect Xplora to reach 991,000 subscribers in 2028 and estimate a 2025-28 service revenue CAGR of 35%. We derive a narrower DCF- and multiples-based fair value range of NOK 59-83 (54-94), implying 2027E EV/EBIT of 10-14x.
- ·2 päivää sittenI sold out of Xplora last August when the company appeared fully priced at approx 50kr/share. I now see that the share price has fallen to a level that might again be interesting. Nevertheless, there are a couple of things I would like clarified first: 1) I note that the growth in both subscriber numbers and service revenues is declining.. The latter grew by 27% in Q1/25 versus 15% in Q1/26. Furthermore, I see that most of the growth now consists of premium subscribers, which, as I understand, are significantly cheaper. Does this indicate that both Xplora's popularity in the kids/youth segment is declining and that ARPU will go further down? Not a good combination! 2) Xplora's customer satisfaction on Trustpilot was bad last year; now it appears even worse. I see, for example, that Xplora in the UK on its website apologizes for trouble with SIM card activations. Is this a sign that they are both struggling with the product and that they might have expanded to too many geographies too quickly? There are more competitors in the market now than before; is Xplora losing market share to these due to a dissatisfied customer base? 3) Both currency and electronics prices have generally gone against Xplora recently. Does anyone have better insight into this? 4) It's almost 2 years since Xplora announced the acquisition of Doro. A year ago, the share price had tripled partly as a result of this acquisition. In other words: very high expectations for Doro conversions last year, which have not yet been met as of now. Does anyone have insight into what is happening here? E.g., has anyone checked at Power how the SIM bundles with Doro are being received by customers? 5) With approx half a billion on the books, I don't understand why Xplora raised more money to buy Emporia. A bad sign that they didn't borrow money to finance the acquisition; was it the bank that said no (bad sign) or management that felt the company was so highly priced at >50 that an equity issue was accretive for existing shareholders (also a bad sign). 6) The share has fallen from just under 60 to 37. It's rare for there to be smoke without fire, but it happens. Will there be a further fall when the subscriber numbers for July and August most likely show even weaker year-on-year development? Seasonally, we are moving into the strongest quarters of the year, but will there be a new fall if Q2 doesn't deliver? Opinions are welcome!
Well explained Jorgy It is quite common for bondholders to require that one has X amount of kroner on hand in relation to debt. So they would probably have breached the loan terms by using egenkapiten to pay debt and thus received a higher interest rate. So the loan would have become more expensive. I am very positive that insiders funded a new acquisition. That means they themselves have firm belief in this and that they are putting their own money into it. That is bullish! I also think one can hope for a small upside in the share price and definitely volumn when Xplora enters the main list. 
·10.7. · MuokattuBusy days for Fennefoss! https://www.linkedin.com/company/emporiatelecom/posts/?feedView=all In Norway, they say "Fylle store sko" (to fill big shoes), which can roughly be translated to "to follow in big footsteps". With these words, our new CEO Kjetil Fennefoss officially bid farewell to our previous owner and CEO Eveline Pupeter and praised her great achievements. The Emporia team says "Thank you for everything, Eveline".- ·10.7.Solid update for June with 14k net increase! The Doro rollout seems to be going smoothly! "The company offers Doro phones with subscription services in Norway, Finland, Sweden, UK, France, Germany and Denmark on its webshop channels. Subscriptions include connectivity plans (mobile subscriptions), premium services, B2B service revenues, and service fees for Xplora smartwatches without Xplora mobile subscriptions (Nordics)."
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q1 -tulosraportti
56 päivää sitten
‧54 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·3 t sittenThanks Himalaya and Jorgy for good perspectives on my post below. I completely agree that there can potentially be significant upside in the senior segment and that Xplora generally is a very exciting company. I have always seen Xplora as the best «anti-screen call» in the market, precisely why I am considering buying in again. But still: 1. Regarding Premium/Service Fee, I naturally understand that it's not about cannibalization as such. My point is that these subscription types are included in total subscriber numbers, even though they have significantly lower revenue contribution. In Germany, I now see that Premium is included in the 24-month subscription packages. This means that the monthly subscriber numbers will gradually “dilute” by increasingly more contracts with lower ARPU being added to the total. In Q1 this year, Premium and Service Fee accounted for a full 51 % of the growth in the number of subscriptions. This can also be an important explanation for the drop in ARPU (in addition to geography). I also wonder how Xplora counts the German customers who automatically receive Premium with their mobile subscription. Are these counted both as Mobile and Premium (i.e., double counting), or not? 2. Regarding the share issue, I still maintain that this was a negative event. That Xplora did not use existing liquidity or take on more debt is due, as I see it, precisely to the fact that they would have breached one or more loan covenants, for example net debt/EBITDA, minimum liquidity, 12-month forward EBITDA or similar. (I assume the covenants are described in the annual report, but have not checked this.) That they had to raise equity therefore indicates not only that there was limited room to increase net debt, but also that cash flow from operations was not strong enough to support a higher debt intake. In my opinion, it also says something about the underlying earning capacity (at least how the bank assesses this). 3. The CEO subscribed for around 5,800 shares, which only constituted a small fraction of what he would have had to subscribe for to maintain his ownership stake. I therefore do not agree with you, Himalaya, that insiders generally subscribed in this share issue. Not much skin-in the game here. Also a somewhat negative signal. Don't you agree?I am absolutely sure that Xplora does not double-count subscriptions; that would be fraud, which is not looked upon favorably if one is listed on the stock exchange. The fact that the company gains more premium subscribers is not a bad thing, just because ARPU would seemingly become lower. ARPU will naturally become lower no matter what one does, as Scandinavia is becoming a mature and potentially saturated market (the latter applies to Norway in isolation). That does not mean that margin per user becomes lower; it is approximately the same based on what the company has told shareholders. Regarding the share issue, they did something strange: they financed it with cash on hand, only to raise money afterwards. I'm not bothering to check covenants right now, but I think you're exaggerating if you believe they would have breached conditions. The CEO has almost his entire fortune invested in Xplora; it's natural that he also wants to use some of his money on other things. At least I would have done that. It's also worth mentioning that the CEO and others in management accepted the last share issue despite being diluted themselves.
- 23 t sittenNordea: We expect Xplora to reach 991,000 subscribers in 2028 and estimate a 2025-28 service revenue CAGR of 35%. We derive a narrower DCF- and multiples-based fair value range of NOK 59-83 (54-94), implying 2027E EV/EBIT of 10-14x.
- ·2 päivää sittenI sold out of Xplora last August when the company appeared fully priced at approx 50kr/share. I now see that the share price has fallen to a level that might again be interesting. Nevertheless, there are a couple of things I would like clarified first: 1) I note that the growth in both subscriber numbers and service revenues is declining.. The latter grew by 27% in Q1/25 versus 15% in Q1/26. Furthermore, I see that most of the growth now consists of premium subscribers, which, as I understand, are significantly cheaper. Does this indicate that both Xplora's popularity in the kids/youth segment is declining and that ARPU will go further down? Not a good combination! 2) Xplora's customer satisfaction on Trustpilot was bad last year; now it appears even worse. I see, for example, that Xplora in the UK on its website apologizes for trouble with SIM card activations. Is this a sign that they are both struggling with the product and that they might have expanded to too many geographies too quickly? There are more competitors in the market now than before; is Xplora losing market share to these due to a dissatisfied customer base? 3) Both currency and electronics prices have generally gone against Xplora recently. Does anyone have better insight into this? 4) It's almost 2 years since Xplora announced the acquisition of Doro. A year ago, the share price had tripled partly as a result of this acquisition. In other words: very high expectations for Doro conversions last year, which have not yet been met as of now. Does anyone have insight into what is happening here? E.g., has anyone checked at Power how the SIM bundles with Doro are being received by customers? 5) With approx half a billion on the books, I don't understand why Xplora raised more money to buy Emporia. A bad sign that they didn't borrow money to finance the acquisition; was it the bank that said no (bad sign) or management that felt the company was so highly priced at >50 that an equity issue was accretive for existing shareholders (also a bad sign). 6) The share has fallen from just under 60 to 37. It's rare for there to be smoke without fire, but it happens. Will there be a further fall when the subscriber numbers for July and August most likely show even weaker year-on-year development? Seasonally, we are moving into the strongest quarters of the year, but will there be a new fall if Q2 doesn't deliver? Opinions are welcome!Well explained Jorgy It is quite common for bondholders to require that one has X amount of kroner on hand in relation to debt. So they would probably have breached the loan terms by using egenkapiten to pay debt and thus received a higher interest rate. So the loan would have become more expensive. I am very positive that insiders funded a new acquisition. That means they themselves have firm belief in this and that they are putting their own money into it. That is bullish! I also think one can hope for a small upside in the share price and definitely volumn when Xplora enters the main list.
- ·10.7. · MuokattuBusy days for Fennefoss! https://www.linkedin.com/company/emporiatelecom/posts/?feedView=all In Norway, they say "Fylle store sko" (to fill big shoes), which can roughly be translated to "to follow in big footsteps". With these words, our new CEO Kjetil Fennefoss officially bid farewell to our previous owner and CEO Eveline Pupeter and praised her great achievements. The Emporia team says "Thank you for everything, Eveline".
- ·10.7.Solid update for June with 14k net increase! The Doro rollout seems to be going smoothly! "The company offers Doro phones with subscription services in Norway, Finland, Sweden, UK, France, Germany and Denmark on its webshop channels. Subscriptions include connectivity plans (mobile subscriptions), premium services, B2B service revenues, and service fees for Xplora smartwatches without Xplora mobile subscriptions (Nordics)."
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 19.8. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 21.5. | ||
2025 Q4 -tulosraportti 27.2. | ||
2025 Q3 -tulosraportti 26.11.2025 | ||
2025 Q2 -tulosraportti 15.8.2025 | ||
2025 Q1 -tulosraportti 23.5.2025 |
2026 Q1 -tulosraportti
56 päivää sitten
‧54 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 19.8. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 21.5. | ||
2025 Q4 -tulosraportti 27.2. | ||
2025 Q3 -tulosraportti 26.11.2025 | ||
2025 Q2 -tulosraportti 15.8.2025 | ||
2025 Q1 -tulosraportti 23.5.2025 |
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·3 t sittenThanks Himalaya and Jorgy for good perspectives on my post below. I completely agree that there can potentially be significant upside in the senior segment and that Xplora generally is a very exciting company. I have always seen Xplora as the best «anti-screen call» in the market, precisely why I am considering buying in again. But still: 1. Regarding Premium/Service Fee, I naturally understand that it's not about cannibalization as such. My point is that these subscription types are included in total subscriber numbers, even though they have significantly lower revenue contribution. In Germany, I now see that Premium is included in the 24-month subscription packages. This means that the monthly subscriber numbers will gradually “dilute” by increasingly more contracts with lower ARPU being added to the total. In Q1 this year, Premium and Service Fee accounted for a full 51 % of the growth in the number of subscriptions. This can also be an important explanation for the drop in ARPU (in addition to geography). I also wonder how Xplora counts the German customers who automatically receive Premium with their mobile subscription. Are these counted both as Mobile and Premium (i.e., double counting), or not? 2. Regarding the share issue, I still maintain that this was a negative event. That Xplora did not use existing liquidity or take on more debt is due, as I see it, precisely to the fact that they would have breached one or more loan covenants, for example net debt/EBITDA, minimum liquidity, 12-month forward EBITDA or similar. (I assume the covenants are described in the annual report, but have not checked this.) That they had to raise equity therefore indicates not only that there was limited room to increase net debt, but also that cash flow from operations was not strong enough to support a higher debt intake. In my opinion, it also says something about the underlying earning capacity (at least how the bank assesses this). 3. The CEO subscribed for around 5,800 shares, which only constituted a small fraction of what he would have had to subscribe for to maintain his ownership stake. I therefore do not agree with you, Himalaya, that insiders generally subscribed in this share issue. Not much skin-in the game here. Also a somewhat negative signal. Don't you agree?I am absolutely sure that Xplora does not double-count subscriptions; that would be fraud, which is not looked upon favorably if one is listed on the stock exchange. The fact that the company gains more premium subscribers is not a bad thing, just because ARPU would seemingly become lower. ARPU will naturally become lower no matter what one does, as Scandinavia is becoming a mature and potentially saturated market (the latter applies to Norway in isolation). That does not mean that margin per user becomes lower; it is approximately the same based on what the company has told shareholders. Regarding the share issue, they did something strange: they financed it with cash on hand, only to raise money afterwards. I'm not bothering to check covenants right now, but I think you're exaggerating if you believe they would have breached conditions. The CEO has almost his entire fortune invested in Xplora; it's natural that he also wants to use some of his money on other things. At least I would have done that. It's also worth mentioning that the CEO and others in management accepted the last share issue despite being diluted themselves.
- 23 t sittenNordea: We expect Xplora to reach 991,000 subscribers in 2028 and estimate a 2025-28 service revenue CAGR of 35%. We derive a narrower DCF- and multiples-based fair value range of NOK 59-83 (54-94), implying 2027E EV/EBIT of 10-14x.
- ·2 päivää sittenI sold out of Xplora last August when the company appeared fully priced at approx 50kr/share. I now see that the share price has fallen to a level that might again be interesting. Nevertheless, there are a couple of things I would like clarified first: 1) I note that the growth in both subscriber numbers and service revenues is declining.. The latter grew by 27% in Q1/25 versus 15% in Q1/26. Furthermore, I see that most of the growth now consists of premium subscribers, which, as I understand, are significantly cheaper. Does this indicate that both Xplora's popularity in the kids/youth segment is declining and that ARPU will go further down? Not a good combination! 2) Xplora's customer satisfaction on Trustpilot was bad last year; now it appears even worse. I see, for example, that Xplora in the UK on its website apologizes for trouble with SIM card activations. Is this a sign that they are both struggling with the product and that they might have expanded to too many geographies too quickly? There are more competitors in the market now than before; is Xplora losing market share to these due to a dissatisfied customer base? 3) Both currency and electronics prices have generally gone against Xplora recently. Does anyone have better insight into this? 4) It's almost 2 years since Xplora announced the acquisition of Doro. A year ago, the share price had tripled partly as a result of this acquisition. In other words: very high expectations for Doro conversions last year, which have not yet been met as of now. Does anyone have insight into what is happening here? E.g., has anyone checked at Power how the SIM bundles with Doro are being received by customers? 5) With approx half a billion on the books, I don't understand why Xplora raised more money to buy Emporia. A bad sign that they didn't borrow money to finance the acquisition; was it the bank that said no (bad sign) or management that felt the company was so highly priced at >50 that an equity issue was accretive for existing shareholders (also a bad sign). 6) The share has fallen from just under 60 to 37. It's rare for there to be smoke without fire, but it happens. Will there be a further fall when the subscriber numbers for July and August most likely show even weaker year-on-year development? Seasonally, we are moving into the strongest quarters of the year, but will there be a new fall if Q2 doesn't deliver? Opinions are welcome!Well explained Jorgy It is quite common for bondholders to require that one has X amount of kroner on hand in relation to debt. So they would probably have breached the loan terms by using egenkapiten to pay debt and thus received a higher interest rate. So the loan would have become more expensive. I am very positive that insiders funded a new acquisition. That means they themselves have firm belief in this and that they are putting their own money into it. That is bullish! I also think one can hope for a small upside in the share price and definitely volumn when Xplora enters the main list.
- ·10.7. · MuokattuBusy days for Fennefoss! https://www.linkedin.com/company/emporiatelecom/posts/?feedView=all In Norway, they say "Fylle store sko" (to fill big shoes), which can roughly be translated to "to follow in big footsteps". With these words, our new CEO Kjetil Fennefoss officially bid farewell to our previous owner and CEO Eveline Pupeter and praised her great achievements. The Emporia team says "Thank you for everything, Eveline".
- ·10.7.Solid update for June with 14k net increase! The Doro rollout seems to be going smoothly! "The company offers Doro phones with subscription services in Norway, Finland, Sweden, UK, France, Germany and Denmark on its webshop channels. Subscriptions include connectivity plans (mobile subscriptions), premium services, B2B service revenues, and service fees for Xplora smartwatches without Xplora mobile subscriptions (Nordics)."
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt