Connect with us

Technology

Truecaller announces preliminary numbers for the third quarter 2026

Published

on

STOCKHOLM, Oct. 19, 2026 /PRNewswire/ — Truecaller today announces its preliminary and unaudited financial results for the third quarter of 2026. The interimreport will be published as planned on Tuesday the 3rd of November 2027 and will as usual be followed by a webcast.

Total net sales for the third quarter 2026 is expected to amount to SEK 464 million (468) which is estimated to be an increase of 3% in constant currencies compared to the same period last year and an increase of 18% compared to the second quarter of 2026.

Ad revenues are expected to amount to SEK 245.6 million (290.2) which is a decrease of 12% in constant currencies compared to the third quarter last year but an increase of 23% compared to the previous quarter. Premium revenues are expected to amount to SEK 127.1 million (96.4) which is an increase of 32% in constant currencies compared to the same period in 2025. Revenues from Truecaller for Business are expected to amount to SEK 85.1 million (79.9), an increase of 14% in constant currencies compared to the same period in 2025 and an increase of 15% compared to the previous quarter.

EBITDA excluding non-recurring items associated with the acquisition of TextPlus is expected to amount to SEK 147.6 million (162.5) which is a decrease of approximately 6% in constant currencies compared to the same period last year but an increase of 68% compared to the previous quarter. The preliminary EBITDA-margin is 31.8% (34.7%) and the EBITDA-margin excluding incentive costs and the non-recurring items is expected to be 37.4% (39.8%).

Average non-iOS MAU was 476.2 million in the fourth quarter which is an increase of 34.5 million users compared to the same period last year and a growth of 5.2 million users during the third quarter.

SHORT COMMENT FROM THE CEO

“During the third quarter, we saw positive momentum as all three revenue streams grew compared to the previous quarter.Total net sales is now back to growth year-over year in local currency. Profitability is now also back at a healthy level. Our user base continued to grow, albeit at a somewhat slower pace than historically. Our focus is and has to a larger extent been on improving the monetisation of the existing user base and to tap into the growing demand beyond our established markets.

Within Ads, we continued our transition toward our new proprietary ad platform and auction process and we saw a gradual revenue improvement during the quarter, while Premium delivered sustained solid revenue growth. For Truecaller for Business, message volumes for Business Messaging are now higher than a year ago following our shift to a multi-partner model and Verified Business had a stable development. Overall, we continue to strengthen our position across key areas and are positive towards continuing the revenue transition,” says Rishit Jhunjhunwalam, CEO, Truecaller.

Preliminary results for July-September 2026 (Q3)

SEKm

Q3 2026

Q3 2025

Y/Y %

Y/Y % in constant
currency

Ad revenues

245.6

290.2

-15 %

-12 %

Premium revenues

127.1

96.4

+32 %

+32 %

Truecaller for business
revenues

85.1

79.9

+6 %

+14 %

Other net sales

6.2

1.4

+>100%

Net sales

464

467.9

-1 %

+3 %

Other revenues

5.3

8.8

-40 %

Total revenues

469.3

476.7

-2 %

+2 %

Cost of goods sold

-133.0

-113.6

+17 %

Gross profit

331.0

354.3

-7 %

-4 %

Gross margin

71.3 %

75.7 %

Staff costs excl.

incentives

-72.3

-88.3

-18 %

Incentive costs

-26.1

-23.6

+11 %

Other expenses

-90.3

-88.6

+2 %

EBITDA and margin

147.6 / 31.8%

162.5 /34.7%

-9 %

-6 %

EBITDA and margin
excl. Incentive costs

173.7 /37.4% 

186.2/39.8%

-7 %

-3 %

EBITDA

129.6/27.9%

162.5/34.7%

-20 %

-17 %

Profit after net
financial items

108.6

148.4

-27 %

Net profit

68.8

108.5

-37 %

Average MAU, non-iOS,
millions

476.2

441.7

+8 %

Average DAU, non-iOS,
millions

411.1

379.3

+8 %

Preliminary Nature of the Information

The financial information included in this press release is preliminary and unaudited. The final reviewed financial statements for January-September 2026 are expected to be published on the 3rd of November 2026. Differences between the preliminary figures and the final results may arise.

This information is information that Truecaller is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-10-19 06:15 CET.

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

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. 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/truecaller-announces-preliminary-numbers-for-the-third-quarter-2026,c4410331

The following files are available for download:

 

View original content:https://www.prnewswire.com/news-releases/truecaller-announces-preliminary-numbers-for-the-third-quarter-2026-302912239.html

SOURCE Truecaller AB

Continue Reading

Technology

De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

Published

on

By

NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

View original content:https://www.prnewswire.co.uk/news-releases/de-introduces-tokenized-asset-world-on-bnb-chain-developing-financial-intelligence-across-the-full-rwa-financial-landscape-302912966.html

Continue Reading

Technology

Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

Published

on

By

The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

View original content:https://www.prnewswire.com/news-releases/plata-reaches-1-billion-arr-milestone-becoming-the-fastest-digital-bank-ever-302912970.html

SOURCE Plata

Continue Reading

Technology

Trends International Announces Kenneth Smith as President and Chief Executive Officer

Published

on

By

Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

View original content to download multimedia:https://www.prnewswire.com/news-releases/trends-international-announces-kenneth-smith-as-president-and-chief-executive-officer-302912992.html

SOURCE Trends International

Continue Reading

Trending