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Sequential growth across all revenue streams

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STOCKHOLM, July 17, 2026 /PRNewswire/ — Interim report January-June 2026

Truecaller, the leading global platform for safe and trusted communication, report a decrease in net sales with 21% to SEK 393.2 million (496.4), the decrease in constant currencies was 14%.

In constant currencies subscription revenues grew with 41%, revenues from Truecaller for Business increased with 8% while revenue from ads declined with 34%. Truecallers recurring revenues grew 26% year-over year in constant currencies and now accounts for 49% (33%) of total net sales.

EBITDA excluding incentive costs decreased with 50% and the EBITDA margin was 26.9% (42.6%), in constant currencies the decrease was approximately 44%. Excluding one-off restructuring cost of SEK 23.5 million EBITDA decreased with 39% and the margin was 32.9%. 

EBITDA including costs for incentive programs decreased by 49% to SEK 88 million (173) and the margin was 22.4% (34.8%), in constant currencies the decrease was approximately 42%.

During the quarter average number of monthly active users grew with 8 million.

April-June 2026 (Q2)

Comparative figures refer to April-June 2025

Net sales decreased by 21 percent to SEK 393.2 million (496.4). Net sales in constant currencies decreased by approximately 14 percent.EBITDA excluding the costs of incentive programs decreased by 50 percent to SEK 105.8 million (211.6) equivalent to an EBITDA-margin of 26.9 (42.6) percent. In constant currencies the EBITDA decrease was approximately 44 percent. Excluding one-off restructuring cost of SEK 23.5 million EBITDA decreased with 39% and the margin was 32.9%.EBITDA including the costs of incentive programs decreased by 49 percent to 87,9 (172.8), corresponding to an EBITDA-margin of 22.4 (34.8) percent. In constant currencies the EBITDA decrease was approximately 42 percent.Profit after tax amounted to SEK 51.7 million (118.0).Basic earnings per share were SEK 0.16 (0.34) and diluted earnings per share were SEK 0.16 (0.34)The average number of active users excluding iOS (MAU) increased by 44.4 million to 471.0 million (426.6).

January-June 2026

Comparative figures refer to January-June 2025

Net sales decreased by 24 percent to SEK 754.8 million (993.3). Net sales in constant currencies decreased by approximately 15 percent.EBITDA excluding the costs of incentive programs decreased by 49 percent to SEK 209.0 million (410.2) equivalent to an EBITDA-margin of 27.7 (41.3) percent. In constant currencies the EBITDA decrease was approximately 40 percent.EBITDA including the costs of incentive programs decreased by 53 percent amounted to 152.3 (321.8), corresponding to an EBITDA-margin of 20.2 (32.4) percent. In constant currencies the EBITDA decrease was approximately 42 percent.Profit after tax amounted to SEK 84.1 million (219.7).Basic earnings per share were SEK 0.25 (0.64) and diluted earnings per share were SEK 0.25 (0.64).The average number of active users excluding iOS (MAU) increased by 44.7 million to 405.9 million (361.2).

CEO Word:

This quarter marked an important step forward for Truecaller. While our year-over-year comparisons continue to reflect the challenges we have been navigating over the past several quarters, we saw sequential improvements across all our revenue streams, supported by the strategic initiatives implemented during the recent quarters.

Our advertising business showed encouraging signs of improvement during the quarter. Advertising revenues increased by 6% compared to Q1, a decline of 34% year-over-year in constant currencies. Towards the end of the quarter, we saw a positive impact from the removal of the flagging by our largest demand partner. As a consequence of this, the daily average revenue from the partner increased by approximately 10-15% compared to the quarterly average and has been stable at that level also in the beginning of the third quarter. While the full impact will be visible over time, this provides positive momentum as we continue to execute on our long-term strategy to build a more diversified and resilient advertising business.

We continue to make progress on the rollout of the unified, auction-based monetisation infrastructure which is our longer-term ambition. We believe that increased competition for our inventory through programmatic, partner and direct sales channels will yield the results we strive for. At the same time, our Direct Ad Sales business continues to develop positively, with stronger customer relationships and a broader market approach contributing to improved performance.

Premium continued to be one of our strongest revenue growth drivers. Premium revenues grew 41% year-over-year in constant currencies and increased by 6% compared to Q1, driven by continued user conversion, stable monetisation and increasing appreciation of our Premium product. That business continues to demonstrate the attractiveness of our subscription offering, and we remain confident in the significant long-term opportunity as only a small share of our global user base currently uses Premium.

Within Truecaller for Business, we saw an improvement during the quarter, with revenues growing 8% year-over-year in constant currencies and 24% compared to Q1. The improvement compared to Q1 was driven by positive developments across both Verified Business and Business Messaging. After a weak new sales at the end of 2025, Verified Business has again shown stronger sales, while Business Messaging benefited as new partners started to scale up their volumes and our long-standing earlier exclusive partner returned as a non-exclusive partner during the end of the quarter. This demonstrates the value of Truecaller platform for business to consumer messaging. Our broader multi-partner strategy is creating a stronger foundation for future growth and increased diversification.

As a result of the continued growth in recurring revenue streams, our revenue mix continues to improve. Recurring revenues grew by 23% year-over-year in constant currencies and represented almost half (49%) of our total revenues during the quarter. This development reflects our long-term strategy of building a more predictable and diversified revenue base.

User growth remained healthy, with 8 million additional users added during the quarter. We continue to see strong global demand for Truecaller’s core offering, and our focus remains on expanding access to our services while maintaining a disciplined approach to user acquisition. With hundreds of millions of people relying on Truecaller everyday, our large global user base continues to be the foundation for future growth across our different revenue streams.

During the quarter, we also took an important strategic step by entering a new yet adjacent product category with the launch of travel eSIMs. This is Truecaller’s first step into mobile services and the first time we are offering digital consumer products beyond Caller ID and spam protection. We are encouraged by this launch and expect to bring more digital products and services to our massive user base.

The cost efficiency initiatives initiated during the first half of the year are also starting to have an impact. They create a leaner and more focused organisation, allowing us to remain disciplined while continuing to invest in the areas with the highest long-term potential. Following the organisational changes implemented during the second quarter, our cost base has also come down materially.

Net sales amounted to SEK 393 million, a decrease of 14% year-over-year in constant currencies, but an improvement of 9% compared to Q1. EBITDA declined by 42% year-over-year, impacted by the ongoing revenue transition, but profitability improved compared to the first quarter. Excluding restructuring costs, EBITDA margin was 26%, demonstrating the positive impact from both improved revenue trends and our efficiency initiatives.

Looking ahead, we enter the second half of the year with improving momentum across all our revenue streams. The transformation journey we discussed earlier in the year continues and we are now seeing some of the strategic decisions made over the past quarters are starting to yield results. With continued Premium growth, improving advertising monetisation, a stronger Truecaller for Business foundation, a leaner organisation and new opportunities emerging from product expansion, we are well positioned to create sustainable and profitable growth over time.

The entire team remains focused on using this positive momentum to execute on our strategy. We have more work ahead of us, but we are encouraged by the progress made during the quarter and confident in the direction we are heading, says Rishit Jhunjhunwala CEO of Truecaller.

Presentation of the report

Rishit Jhunjhunwala, CEO and Odd Bolin, CFO presents the report and answers questions in a webcast and conference call on the 17th of July at 13.00 CEST. The presentation will be held in English.

If you wish to participate via webcast please use the link below.
https://truecaller.events.inderes.com/q2-report-2026

If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
https://events.inderes.com/truecaller/q2-report-2026/dial-in

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

This information is information that Truecaller is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.

About Truecaller:
Truecaller (TRUE B) is the leading global platform for safe and trusted communication. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 500 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/sequential-growth-across-all-revenue-streams,c4375604

The following files are available for download:

https://mb.cision.com/Main/20429/4375604/4197015.pdf

Read Truecaller interim report Q2 2026

https://news.cision.com/truecaller-ab/i/q2-report-2026—eng,c3553991

Q2 Report 2026 – eng

https://mb.cision.com/Public/20429/4375604/81bc06236be9253c.xlsx

Financial developments Truecaller Q2 2026 including new KPIs

 

View original content:https://www.prnewswire.com/news-releases/sequential-growth-across-all-revenue-streams-302828319.html

SOURCE Truecaller AB

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LoanBud Launches LoanBud Acquire™ to Expand Financing for Main Street Business Acquisitions

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New non-SBA program offers $100,000 to $350,000 in financing for qualified buyers acquiring established small businesses.

NEW YORK, Oct. 1, 2026 /PRNewswire/ — LoanBud today announced the launch of LoanBud Acquire™, a new non-SBA business acquisition financing program offering $100,000 to $350,000 in financing for qualified buyers acquiring established, cash-flowing small businesses.

LoanBud created the program around a problem it sees in the market every day: smaller business acquisitions can be disproportionately difficult to finance. Many lenders prioritize larger credits, while smaller transactions may not fit every SBA or conventional lending program. That can leave qualified buyers and viable businesses with fewer financing paths, even when the underlying transaction makes sense.

“A $250,000 acquisition matters just as much to the buyer, the seller and the employees as a multimillion-dollar transaction,” said Burke Purcell, Founder and CEO of LoanBud. “But smaller acquisitions can be harder to finance because many lenders tend to prioritize larger transactions. LoanBud Acquire™ gives qualified buyers another path to ownership and helps more good Main Street businesses continue under a new owner.”

LoanBud Acquire™ complements LoanBud’s existing SBA business acquisition financing capabilities. By adding a non-SBA option, LoanBud can evaluate an acquisition across multiple potential financing paths rather than trying to fit every transaction into a single program.

That flexibility can be especially important in a business sale, where financing uncertainty creates friction for the buyer, seller and broker. Earlier clarity on whether a transaction has a viable financing path can help all parties move forward with greater confidence.

LoanBud Acquire™ program highlights include:

$100,000 to $350,000 in financingMinimum 15% buyer equity contributionDesigned for acquisitions of established, cash-flowing businessesNo real estate collateral requirementFinancing available for eligible business purchase costs and approved transaction expensesTargeted closing timeline of less than 30 days for qualified transactions

“We do not believe every acquisition should be forced into one financing box,” Purcell said. “Our job is to look at the transaction, identify the most realistic financing path and help the buyer, seller and broker get to a clear answer faster. LoanBud Acquire™ gives us another way to do that for smaller Main Street transactions.”

LoanBud Acquire™ is available now. Qualified buyers and business brokers can learn more at LoanBud.com or apply at apply.loanbud.com.

About LoanBud

LoanBud helps existing business owners access growth capital and helps entrepreneurs finance business acquisitions. By combining technology, experienced lending professionals and a nationwide network of lending partners, LoanBud provides access to SBA and conventional financing for acquisitions, growth, real estate, debt refinancing and working capital. LoanBud is focused on making small business financing faster, clearer and easier to navigate.

For more information, visit LoanBud.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/loanbud-launches-loanbud-acquire-to-expand-financing-for-main-street-business-acquisitions-302896385.html

SOURCE LoanBud

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McKool Smith Named 2026 IP “Litigation Department of the Year” by Texas Lawyer

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DALLAS, Oct. 1, 2026 /PRNewswire/ — McKool Smith has been named Intellectual Property “Litigation Department of the Year” at the 2026 Texas Legal Awards, presented by Texas Lawyer. The Texas Legal Awards honor the attorneys and law firms making a lasting impact on the Texas legal landscape, from groundbreaking case wins to innovative legal strategies. Winners were celebrated at the awards ceremony on September 30 in Dallas.

The firm recognition reflects a track record of success in high-stakes IP disputes. In the Eastern District of Texas, Austin Principal Steve Pollinger, as lead counsel, along with Marshall Principal Jennifer Truelove, won a $192 million verdict for Mojo Mobility against Samsung on wireless charging patents that was held in full at final judgment. Jennifer also served as co-lead trial counsel on a willful infringement verdict for Pictiva Displays against Samsung on OLED display patents. At the U.S. International Trade Commission (ITC), the firm’s campaign for Nokia against Hisense ended in a global license resolving the dispute in every jurisdiction.

The department’s recent results also include a stretch of significant trial wins for Dallas Principal Warren Lipschitz, a finalist for Intellectual Property Attorney of the Year. In August 2026, he co-led a team in securing a complete defense verdict for AT&T, Verizon, T-Mobile, Ericsson and Nokia in a consolidated 5G patent trial in the Eastern District of Texas, defeating $436 million in claimed damages. The jury found no infringement, invalidated all nine asserted claims, and held that the plaintiffs had breached their own FRAND obligations. That verdict followed back-to-back 2025 defense wins Warren co-led against Daingean Technologies, also in the Eastern District, cutting a $245 million demand against T-Mobile to $2 million and then winning a verdict of no infringement for AT&T. On the plaintiff side, Warren secured an ITC Initial Determination for Nokia that Amazon infringed five of seven asserted patents, and Nokia reached a settlement with Amazon shortly thereafter.

With more than 130 trial lawyers across offices in Austin, Dallas, Houston, Los Angeles, Marshall, New York, and Washington, D.C., McKool Smith has established a reputation as one of America’s leading trial firms. The firm has secured 18 nine-figure jury verdicts and 16 eight-figure jury verdicts, obtaining more VerdictSearch and The National Law Journal “Top 100 Verdicts” than any other law firm. McKool Smith represents clients in complex commercial litigation, intellectual property, bankruptcy, and white-collar defense matters.

View original content:https://www.prnewswire.com/news-releases/mckool-smith-named-2026-ip-litigation-department-of-the-year-by-texas-lawyer-302896389.html

SOURCE McKool Smith

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Custom Home Builder Selection in Lexington SC Guidance Outlined in HelloNation Featuring Home Building Expert Jennifer L. Gerben Nettles

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The article explains how early consultation with a builder can help evaluate land suitability, site conditions, and construction costs before purchasing property.

LEXINGTON, S.C., Oct. 1, 2026 /PRNewswire/ — Do prospective homeowners need to own land before hiring a custom home builder in Lexington, South Carolina? HelloNation addresses that question in a HelloNation article that explores how early collaboration with a builder can help guide land selection and project planning.

The HelloNation article explains that many buyers assume they must purchase land before contacting a custom home builder Lexington SC professional. In practice, involving a builder earlier in the process can offer important advantages. Builders can help assess potential properties and identify factors that may influence construction feasibility, costs, and design options before a purchase is finalized.

One of the first considerations discussed in the article is the building potential of the land itself. Not all lots offer the same conditions for residential construction. Soil composition, grading, and topography can significantly affect how easily a home can be built. The article notes that a lot that appears ideal at first glance may require extensive excavation, retaining walls, or drainage work, all of which can increase project costs.

Evaluating site conditions before purchasing land can help homeowners avoid unexpected challenges later in the building process. According to the article, builders can conduct early assessments to determine whether the lot can accommodate the desired home design. Home Building Experts explain that this evaluation helps identify potential construction limitations and provides a clearer picture of the work required to prepare the site.

Utility access is another major factor that may influence whether a lot is suitable for a custom home Lexington SC project. The article describes how water, sewer, electricity, and internet service are not always readily available on undeveloped parcels of land. Connecting a property to these utilities may involve additional infrastructure work, which can increase both cost and project timelines. Builders who understand local infrastructure can help estimate the feasibility and expense of utility installation before a buyer commits to purchasing a property.

Lot shape and size can also affect design possibilities and construction costs. The HelloNation article explains that narrow or irregularly shaped parcels may limit the placement and layout of a home. Builders can provide guidance on how to adapt architectural plans to fit the property while still meeting the homeowner’s functional and aesthetic goals. This type of planning ensures that the home design works within the constraints of the lot.

Budget planning is another reason the article recommends early consultation with a custom home builder Lexington SC professional. Builders can provide preliminary construction estimates that account for site preparation, grading, permits, and other development requirements tied to a specific lot. This information helps prospective homeowners determine whether a property aligns with their financial plans before making a purchase.

The article also discusses how early collaboration can streamline the permitting and planning process. Builders with experience in Lexington understand local zoning regulations, setback requirements, and building codes that influence how a home can be placed on a lot. Home Building Experts explain that reviewing these regulations early can prevent costly redesigns or delays later in the project.

Working with a builder during the land selection stage also allows homeowners to compare multiple properties more effectively. By reviewing site conditions, infrastructure access, and potential construction challenges, buyers can make more informed decisions about which lot best supports their vision for a custom home.

The HelloNation article emphasizes that purchasing land first is not always required when planning a custom build. Instead, involving a builder early in the process can create a smoother path from property selection to construction. Evaluating grading requirements, infrastructure availability, and lot suitability ahead of time helps homeowners avoid surprises and better align their plans with realistic construction expectations.

Do You Need Land Before Hiring a Custom Home Builder? features insights from Jennifer L. Gerben Nettles, Home Building Expert of Lexington, South Carolina, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/custom-home-builder-selection-in-lexington-sc-guidance-outlined-in-hellonation-featuring-home-building-expert-jennifer-l-gerben-nettles-302896381.html

SOURCE HelloNation

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