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Truecaller AB Class B
(TRUE.B)
Truecaller AB Class B (TRUE.B) vs. iShares MSCI Sweden ETF (EWD)
Truecaller AB Class B Business Overview & Revenue Model
Truecaller AB Class B Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.98B | 1.86B | 1.73B | 1.77B | 1.13B | 491.15M |
| Gross Profit | 942.15M | 863.68M | 955.49M | 1.06B | 590.37M | 143.38M |
| EBITDA | 687.85M | 684.21M | 702.88M | 736.22M | 459.95M | -29.72M |
| Net Income | 478.66M | 524.32M | 536.33M | 535.23M | 258.31M | -15.52M |
Balance Sheet | ||||||
| Total Assets | 1.70B | 1.96B | 2.16B | 2.34B | 1.69B | 435.83M |
| Cash, Cash Equivalents and Short-Term Investments | 990.42M | 1.32B | 1.57B | 1.73B | 1.39B | 195.22M |
| Total Debt | 94.08M | 100.13M | 120.94M | 141.51M | 88.38M | 101.05M |
| Total Liabilities | 465.51M | 449.04M | 416.64M | 540.28M | 281.49M | 289.90M |
| Stockholders Equity | 1.24B | 1.51B | 1.74B | 1.80B | 1.41B | 145.93M |
Cash Flow | ||||||
| Free Cash Flow | 552.00M | 589.91M | 555.96M | 595.67M | 379.07M | 103.67M |
| Operating Cash Flow | 640.24M | 604.09M | 581.96M | 610.41M | 380.89M | 105.55M |
| Investing Cash Flow | 157.89M | 130.16M | -626.87M | -297.32M | -151.89M | -1.27M |
| Financing Cash Flow | -701.67M | -882.10M | -643.08M | -223.12M | 812.97M | -16.43M |
Truecaller AB Class B Technical Analysis
Truecaller AB Class B Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | kr5.88B | 12.13 | 39.36% | 1.94% | 12.40% | 0.78% | |
62 Neutral | kr11.49B | 28.84 | 8.26% | 1.14% | 14.41% | -4.45% | |
62 Neutral | kr7.08B | 24.24 | ― | ― | -7.81% | -8.76% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | kr3.68B | 35.47 | 32.28% | 1.41% | 11.23% | 16.24% | |
52 Neutral | kr1.04B | 19.91 | 1.00% | ― | -21.66% | ― | |
44 Neutral | kr3.20B | -16.81 | ― | ― | 10.25% | -698.93% |
Truecaller AB Class B Corporate Events
Truecaller AB has disclosed that, following the repurchase of 150,000 shares on 12 January 2026 under its ongoing share buyback programme, its holding of treasury shares has surpassed 5% of the company’s total share count. The company now holds a total of 17,753,712 series B and C shares, representing 5.02% of its outstanding shares, in a move aimed at optimising its capital and share structure to enhance shareholder value ahead of its 2026 Annual General Meeting.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK21.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has continued its ongoing share repurchase programme, buying back 1,603,541 Class B shares during the week of 5–9 January 2026, equal to 0.45% of its outstanding capital, bringing total buybacks under the current mandate to 8,644,594 shares, or 2.44% of capital. Executed via Carnegie on Nasdaq Stockholm, these latest purchases lift the company’s total treasury holdings to 12,589,926 B shares and 5,013,786 C shares, representing 4.98% of outstanding capital, and form part of a broader multi-year capital management strategy under which Truecaller has repurchased more than 41 million shares since 2022 at an aggregate cost exceeding SEK 1.3 billion, potentially supporting earnings per share and signalling ongoing confidence in the company’s long‑term prospects.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK21.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has continued its ongoing share buyback initiative, repurchasing 400,000 Class B shares between 29 December 2025 and 2 January 2026, equal to 0.11% of its outstanding share capital, as part of a programme running until the 2026 annual general meeting and capped at 10% of total shares. Executed via Carnegie on Nasdaq Stockholm, the latest purchases bring total buybacks under the current mandate to 7,041,053 shares and the company’s overall treasury holding to 4.52% of outstanding capital, underscoring a sustained capital-return strategy that has seen nearly 40 million shares repurchased since 2022 at an aggregate cost of about SEK 1.3 billion, potentially supporting earnings per share and signaling confidence in the firm’s long-term prospects.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK21.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller has continued its ongoing share buyback programme by repurchasing 240,000 Class B shares on Nasdaq Stockholm during the week of 22–26 December 2025, equal to 0.07% of its outstanding capital, bringing total repurchases under the current mandate to 6.64 million shares, or 1.88% of the company’s capital. The buybacks, executed by Carnegie on Truecaller’s behalf under an authorization from the 2025 AGM that permits treasury holdings of up to 10% of shares, increase the company’s total treasury stock to 10.59 million B shares and 5.01 million C shares, representing 4.41% of outstanding capital, and extend a capital-return strategy that has seen nearly 39.2 million shares repurchased across several programmes since 2022 at a cumulative cost of about SEK 1.28 billion.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK21.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has continued its ongoing share buyback programme, repurchasing 2,322,000 Class B shares during the week of 15–19 December 2025, equal to 0.66% of the company’s outstanding share capital. Since the current programme began in late May 2025, the company has bought back a total of 6,401,053 shares, bringing its total holdings to 10,346,385 B shares and 5,013,786 C shares, or 4.34% of outstanding capital, with the mandate allowing buybacks of up to 10% of shares outstanding. Executed on Nasdaq Stockholm via Carnegie, the buybacks—part of a series of programmes totaling nearly 39 million shares repurchased since 2022—underscore Truecaller’s continued use of capital returns as a tool for balance-sheet optimization and potential earnings-per-share accretion, affecting the trading liquidity and ownership structure for existing shareholders.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK21.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has repurchased 375,000 of its own B shares during the week of December 8-12, 2025, as part of an ongoing buyback program. This initiative aims to enhance shareholder value and manage capital structure, with the company having repurchased over 4 million shares since the program’s inception. The buyback program is set to continue until the 2026 Annual General Meeting, with the potential to repurchase up to 10% of the company’s shares. This move reflects Truecaller’s strategic efforts to strengthen its market position and optimize its financial operations.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB Class B has experienced a decline in ad revenues in the fourth quarter of 2025, primarily due to an algorithm change by its largest demand partner and a weaker ads market in India. Despite this, the company expects robust growth in its recurring revenue streams and user base. Truecaller is focusing on a revamped ads strategy to reduce dependency on specific partners and markets, aiming for long-term growth and stability. Additionally, the company anticipates an extra cost related to its incentive program, which will not impact cash flow.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller has launched a new feature called Family Protection, integrated into its app to enhance digital safety for families by allowing them to form trusted groups and protect against phone scams. This feature is available in four pilot markets and aims to drive user engagement and subscription revenues by offering both free and premium protection options, aligning with Truecaller’s strategic goals of expanding its communication ecosystem.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has repurchased 500,000 B shares as part of its ongoing share buyback program, which began in May 2025 and will continue until the 2026 Annual General Meeting. This initiative, executed through Nasdaq Stockholm by Carnegie, aims to enhance shareholder value by reducing the number of outstanding shares, with the company’s current holding amounting to 3.58% of the outstanding capital.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has repurchased 250,000 of its own B shares during the week of November 24-28, 2025, as part of its ongoing share buyback program. This initiative, which began in May 2025 and will continue until the 2026 AGM, aims to enhance shareholder value by potentially increasing the company’s shareholding to up to 10% of its total shares. The buybacks, executed on Nasdaq Stockholm, reflect Truecaller’s strategic financial management and commitment to optimizing capital structure.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has repurchased 350,000 of its own B shares during the week of November 17-21, 2025, as part of its ongoing share buyback program. This initiative, which aims to enhance shareholder value, allows the company to repurchase up to 10% of its outstanding shares by May 2026, reflecting a strategic move to strengthen its market position and optimize capital structure.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK28.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has repurchased 701,553 of its own B shares during the week of November 10-14, 2025, as part of its ongoing share buyback program. This initiative, which aims to repurchase up to 10% of the company’s outstanding shares by the 2026 AGM, reflects Truecaller’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK28.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has announced the formation of its nomination committee for the Annual General Meeting 2026, consisting of representatives from its largest shareholders and a board member. The meeting is scheduled for May 22, 2026, in Stockholm, Sweden, and shareholders are invited to submit proposals to the committee by January 31, 2026.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK31.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller AB has repurchased 80,000 of its own B shares as part of its ongoing share buyback program, which aims to enhance shareholder value by reducing the number of outstanding shares. This initiative, authorized at the 2025 Annual General Meeting, allows the company to buy back shares up to 10% of the total shares outstanding until the 2026 AGM. The buyback program is conducted on Nasdaq Stockholm and has so far accumulated a total of 1,902,500 shares repurchased, representing 0.54% of the outstanding capital. This strategic move is expected to strengthen Truecaller’s market position and potentially increase shareholder returns.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK31.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
Truecaller has launched its Verified Business Customer Experience Platform in Europe, aiming to address the challenge of unanswered and fraudulent calls by making business communications more trustworthy. The platform, already used by 3,000 businesses globally, offers features like Verified Caller ID, Secure Calls, and Analytics to improve customer experience and communication efficiency. This launch is seen as a significant step in Truecaller’s strategy to enhance communication safety and efficiency, with partnerships with local telecom providers further expanding access to the service.
The most recent analyst rating on ($SE:TRUE.B) stock is a Buy with a SEK73.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.