Sweden's Truecaller Q4 net sales fall 14%, ad revenue dips

Truecaller AB

17/02/2026 06:39

Overview

Sweden communication platform's Q4 net sales decreased 14% to SEK 450.9 mln

Subscription revenues grew 53% in constant currencies, while ad revenues declined 22%

Company proposed SEK 0.28 per share dividend for 2025 financial year

Outlook

Truecaller expects slower growth for Truecaller for Business in 2026 due to competition

Company anticipates muted advertising revenue in upcoming quarters

Truecaller plans to focus on long-term investments over short-term profitability in 2026

Result Drivers

SUBSCRIPTION GROWTH - Subscription revenues grew 53% in constant currencies, indicating a shift towards more stable revenue streams

ADVERTISING DECLINE - Ad revenues declined by 22% due to unresolved issues with a major programmatic partner and strategic shifts

BUSINESS REVENUE - Truecaller for Business revenues grew 39% in constant currencies, driven by verified business calls and messaging

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
SEK 0.18
Q4 Net Income
SEK 60.40 mln
Q4 Adjusted EBITDA
SEK 159.50 mln
Q4 Basic EPS
SEK 0.18


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Truecaller AB is SEK40.00, about 170.6% above its February 16 closing price of SEK14.78

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nWkr3fl53B

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)