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]