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

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SOURCE Truecaller AB

WASHINGTON, July 17, 2026 /PRNewswire/ — On Wednesday, the European Commission issued two binding orders under the Digital Markets Act requiring Google to make its Android and Search platforms more accessible to competitors. The measures require Google to let third-party artificial intelligence (AI) assistants access key Android features on equal terms with Google’s AI products and to share sensitive Google Search data with rival search engines and AI-powered search services.

In response to the EC’s announcement, David B. McGarry, Research Director of the Taxpayers Protection Alliance, offered the following statement:

“The European Commission has issued a warning: Do not succeed. If technology companies innovate too effectively or if their products are markedly superior to their competitors’, regulators will come calling. Google, having innovated tirelessly and maintained a legitimate competitive advantage for years, has been told that it must give over sensitive information about itself and its operations to prop up rivals. Intellectual property and trade secrets mean shockingly little to European Union bureaucrats.

“But, as they say, it’s worse than that: the EC will require Google to share sensitive search data with its competitors, data which users entrusted to Google with the confidence that it would remain private. And, adding, another layer of folly, these data are likely to be sent not only to European tech companies—itself a violation—but to companies under the sway of the West’s geopolitical rivals, such as China. Short-sighted attempts to establish faux competition are one thing, endangering the national security of America and her allies is another. These dangers will not only haunt Europeans but Americans passing through, or residing in, the European Union, including government and military personnel.

“The continent is edging ever closer to a crisis point. Eventually, its heavy-handed rules will, in fact, break the internet as it now exists, at least for European users. Having smothered its own technologists, the Europeans are driving away American technology companies.

“If the Europeans lack the will or ability to correct course—as seems to be the case—American policymakers, especially those in the Trump administration, ought to exert maximal diplomatic pressure to protect the interests of American tech companies, American users, and American national security.”

The Taxpayers Protection Alliance (TPA) is a non-profit, non-partisan organization dedicated to educating the public through the research, analysis, and dissemination of information on the government’s impact on the economy.

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Recognized for its environmental, social, and governance (ESG) practices

TOKYO, July 17, 2026 /PRNewswire/ — transcosmos today announced that it has again been selected for inclusion in the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index by global index provider FTSE Russell. This marks the second consecutive year that transcosmos has been included in both indices.

The FTSE Blossom Japan Index is designed to measure the performance of Japanese companies that demonstrate strong environmental, social, and governance (ESG) practices. The FTSE Blossom Japan Sector Relative Index is designed as a sector-neutral benchmark that reflects the performance of companies demonstrating relatively strong ESG practices within their respective sectors.

FTSE Russell evaluates companies across a wide range of ESG themes, including corporate governance, occupational safety and health, human rights, anti-corruption, and climate change. transcosmos was recognized for its sustainability management and ongoing ESG efforts.

About the FTSE Blossom Japan Index
The FTSE Blossom Japan Index is an ESG index developed by FTSE Russell for Japanese companies and is composed of companies demonstrating strong environmental, social, and governance (ESG) practices. The index is one of the ESG indices adopted by Japan’s Government Pension Investment Fund (GPIF) and is widely used as a benchmark for ESG investment.

About the FTSE Blossom Japan Sector Relative Index
The FTSE Blossom Japan Sector Relative Index is composed of Japanese companies that demonstrate relatively strong ESG performance within their respective sectors. In addition, for companies with high greenhouse gas emissions, their responses to climate change are also assessed. The index is used as a benchmark to help promote the transition to a low-carbon economy.

*transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
*Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

About transcosmos inc.
transcosmos launched its operations in 1966. Since then, we have united superior “people” with cutting-edge “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes, focusing on both sales expansion and cost optimization through our 188 bases across 36 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of the e-commerce market on a global scale, transcosmos provides comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos is committed to treating the challenges of its clients and society as its own—discussing and addressing their issues from planning to execution—and Make It Real, Together. Visit us here https://www.trans-cosmos.co.jp/english/

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SOURCE transcosmos inc.