Number of watches sold grew 30% y-o-y
Xplora reported total revenue of NOK 257m, 20% above Factset cons of NOK 214m (ABGSCe NOK 218m). The beat was driven by device revenue of NOK 182m, 28% above ABGSCe and corresponding to a growth of 36% y-o-y. Number of units sold was strong at 163k units, which was 23% higher than the 132k we had expected. The ASP was NOK 1,116, slightly above our expectation of NOK 1,073 but in-line with NOK 1,102 in Q2.
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