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Truecaller Prelim Q4 2025: Ad Slump Spurs Faster Shift to Recurring Revenues

Story Highlights
  • Truecaller’s preliminary Q4 2025 results show weaker ad revenues and EBITDA, with total sales slightly down in constant currencies.
  • Robust growth in premium and business recurring revenues, rising MAUs, cost cuts and strong cash underpin Truecaller’s shift away from ad dependence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Truecaller Prelim Q4 2025: Ad Slump Spurs Faster Shift to Recurring Revenues

Meet Samuel – Your Personal Investing Prophet

Truecaller AB Class B ( ($SE:TRUE.B) ) just unveiled an update.

Truecaller reported preliminary, unaudited figures for the fourth quarter of 2025 indicating a sharp decline in ad revenues to SEK 255.2 million and a drop in EBITDA and margins, while total net sales slipped slightly in constant currencies. The company attributed the advertising weakness primarily to ongoing issues with its largest demand partner and is accelerating a strategic transition away from ad dependency toward recurring revenues from premium subscriptions and Truecaller for Business, which both showed strong double‑digit growth, supported by rising MAUs, cost-efficiency measures expected to annualize at about SEK 90 million, and a solid cash position of roughly SEK 1 billion that preserves financial flexibility for capital allocation.

The most recent analyst rating on ($SE:TRUE.B) stock is a Buy with a SEK16.50 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.

More about Truecaller AB Class B

Truecaller AB is a digital communications and fraud-prevention company best known for its caller identification, spam-blocking and safe communication services, monetized through advertising, premium consumer subscriptions and its Truecaller for Business enterprise offerings. The company has a strong user base on Android and iOS, with a growing international footprint across markets including India, Latin America and the Middle East, and is shifting its business model toward a greater share of recurring consumer and enterprise revenues.

Average Trading Volume: 2,256,693

Technical Sentiment Signal: Sell

Current Market Cap: SEK5.34B

For an in-depth examination of TRUE.B stock, go to TipRanks’ Overview page.

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