Truecaller AB (publ) (TRUBF) Q2 2026 Earnings Call Transcript

In Q2, the average monthly active user was 471 million, which is a growth of 10% year-on-year. Our average DAU was 409 million, which is 11% growth year-on-year, and we continue to have a very healthy engagement with a DAU/MAU ratio of 87%. Net sales decreased with 21% year-on-year in SEK. Our EBITDA decreased by 49%, and we reported a margin of 22.4%, including incentive costs. While our year-over-year comparisons continue to reflect the challenges we have been navigating over the past several quarters, we saw sequential growth across all our revenue streams, which is definitely encouraging. We'll talk more about this later in the slides. In terms of user growth, we added 8 million users this quarter, which is 44 million users year-on-year. This growth came from all regions, even though as mentioned in the previous quarter, we have reduced our spending to acquire users given the lower revenues we have had. It is not unlikely that we will increase the spend if the revenue situation continues to improve.