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Truecaller, crosses 100M monthly active users in Middle East and Africa
Prnewswire· 2025-08-08 09:25
Andreas Frid, Head of IR & Communication +46 705 29 08 00 [email protected] About Truecaller Some of the largest markets in MEA for Truecaller are Egypt, Nigeria, South Africa, Kenya, Algeria, Ghana, and Jordan where Truecaller is used on 20-45% of connected smartphones in those markets. The following files are available for download: For more information, please contact: STOCKHOLM, Aug. 8, 2025 /PRNewswire/ -- Truecaller, the leading global platform for verifying contacts and blocking unwanted communicatio ...
Repurchase of Truecaller B shares in week 30, 2025
Prnewswire· 2025-07-28 06:37
Group 1 - Truecaller AB has repurchased a total of 145,000 B shares from July 21 to July 25, 2025, representing 0.04% of outstanding capital as part of its share buyback program [1] - Since the initiation of the buyback program on May 30, 2025, Truecaller has repurchased a total of 400,000 shares, which corresponds to 0.11% of outstanding capital [1] - The share buyback program is authorized by the Board until the Annual General Meeting in 2026, allowing buybacks up to a maximum of 10% of the total number of outstanding shares [2] Group 2 - The aggregated daily volume of shares repurchased during the week of July 30, 2025, includes 35,000 shares on July 22, 30,000 shares on July 23, 30,000 shares on July 24, and 50,000 shares on July 25, totaling 145,000 shares with a weighted average price of SEK 53.19 [3] - The total value of shares repurchased during the week amounts to SEK 7,712,175, while the total value during the entire buyback program is SEK 24,475,959 [3] - As of July 25, 2025, Truecaller holds 4,345,332 B shares and 5,013,786 C shares, which together represent 2.65% of the outstanding capital [4] Group 3 - The total number of shares in Truecaller, including its own shares, is now 353,750,053, while the number of outstanding shares, excluding own shares, is 344,390,935 [5] - Truecaller is a leading global platform for verifying contacts and blocking unwanted communication, with over 450 million active users [5]
Truecaller AB: Strong revenue and user growth again
Prnewswire· 2025-07-18 05:57
Core Insights - Truecaller reported a 9% increase in net sales to SEK 496.4 million, with a 21% increase in constant currencies, indicating strong growth across all revenue streams [1][12] - The company achieved significant user growth, adding 15 million monthly active users in the quarter, totaling 426.6 million, which reflects a 15% year-over-year increase [2][12] - EBITDA excluding incentive costs rose by 20% to SEK 211.6 million, with an EBITDA margin of 42.6%, while in constant currencies, the increase was approximately 38% [1][5][12] Revenue Growth - All revenue streams experienced growth in constant currencies: advertising revenue increased by 11%, subscriptions by 45%, and Truecaller for Business by 53% [1][4] - Subscription revenue from Truecaller Premium grew by 48% in constant currencies and 35% in SEK, with a notable increase in iOS subscribers [7][12] - Truecaller for Business revenue grew by 53% in constant currencies and 34% in SEK, driven by strong performance across its product portfolio [8][12] User Metrics - The number of paying subscribers surpassed 3 million, with over 1 million on iOS, reflecting a 28% increase year-over-year [3][12] - The average number of subscribers grew by 8% compared to the previous quarter, with iOS subscribers increasing by 25% in Q2 alone [3][7] Market Dynamics - Currency effects, particularly the strengthening of the Swedish Krona, impacted revenue and profit, with net sales growing by 9% in SEK but 21% in constant currencies [4][12] - Despite some demand softness in the advertising business due to geopolitical uncertainties, there were signs of price stabilization and growth in direct sales capabilities [6] Future Outlook - The company remains optimistic about future growth, citing positive trends in user growth, advertising capabilities, and subscriber intake [9][10]