Truecaller AB (LTS:0AA7)
kr 49.13745 0.57488 (1.18%) Market Cap: 16.86 Bil Enterprise Value: 15.86 Bil PE Ratio: 35.11 PB Ratio: 12.53 GF Score: 86/100
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Q3 2024 Truecaller AB Earnings Call Transcript

Nov 07, 2024 / 12:00PM GMT
Release Date Price: kr43.04 (-9.61%)
Alan Mamedi
Truecaller AB - Chief Executive Officer, Co-Founder, Director

Thank you. Welcome everyone. I'm Ala Mamedi and I'm the CEO and co-founder of Truecaller. And with me, as usual, I have our CFO, Odd Bolin.

We're here to announce our interim report covering the third quarter of 2024. So today, we'll start with overall highlights from the quarter and then walk you through our financial performance in detail. We'll then cover some developments on the product side before wrapping up and opening up for questions.

So let's get started with the highlights of the quarter. We closed the Q3 with an average of 413 million monthly active users and increase of 12%. Average daily active users grew to 337 million an increase of 13%. This brings us to a strong dow to male ratio of 81%. We closed the quarter at 457 million swedish crowns in net sales. A 15% increase year on year. All three of our revenue streams contributed to this growth for the first time since Q4 2022. Our advertising revenues showed underlying growth rising by 8% compared to Q3 2023. We estimate that currency effects had a

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