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STOCKHOLM, Dec. 27, 2024 /PRNewswire/ -- Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 24th of December, when the number of monthly active users (MAU) on the operating system Android surpassed 400 million. Truecaller continues to grow rapidly in many geographic markets and the total user base has grown with more than 57 million users during 2024 and has now surpassed 433 million users in total.
"Truecaller's strong commitment to help businesses and individuals communicate better through both calls and messages, continues to grow. Our geographical footprint is growing each day, and the development in our targeted growth markets is strong. We're thrilled at achieving this milestone and we look forward to serving the next 400 million Android users," says Rishit Jhunjuhnwala, Chief Product Officer and incoming CEO of Truecaller.
STOCKHOLM, Dec. 2, 2024 /PRNewswire/ -- During 25 November 2024 and 29 November 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 15,000 own B shares (ISIN: SE0016787071), corresponding to 0.004% of outstanding capital, as part of the share buyback programme initiated by the board of directors. Since the start of the programme, in the end of May, approximately 3.9 million B-shares has been repurchased which corresponds to 1.11% of the outstanding capital.
The share buybacks form part of the share buyback programme announced by Truecaller on 28 May 2024. The share buyback programme will run between 28 May up until the 2025 AGM which will be held in May 2025, and is carried out in accordance 'Emittentregelverket'.
STOCKHOLM, Nov. 25, 2024 /PRNewswire/ -- During 18 November 2024 and 22 November 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 90,000 own B shares (ISIN: SE0016787071), corresponding to 0.03% of outstanding capital, as part of the share buyback programme initiated by the board of directors. Since the start of the programme, in the end of May, approximately 3.9 million B-shares has been repurchased which corresponds to 1.11% of the outstanding capital.
The share buybacks form part of the share buyback programme announced by Truecaller on 28 May 2024. The share buyback programme will run between 28 May up until the 2025 AGM which will be held in May 2025, and is carried out in accordance "Emittentregelverket".
STOCKHOLM, Nov. 11, 2024 /PRNewswire/ -- During 4 November 2024 and 8 November 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 50,000 own B shares (ISIN: SE0016787071), corresponding to 0.01% of outstanding capital, as part of the share buyback programme initiated by the board of directors. Since the start of the programme, in the end of May, almost 3.7 million B-shares has been repurchased which corresponds to 1.04% of the outstanding capital.
The share buybacks form part of the share buyback programme announced by Truecaller on 28 May 2024. The share buyback programme will run between 28 May up until the 2025 AGM which will be held in May 2025, and is carried out in accordance 'Emittentregelverket'.
STOCKHOLM, Nov. 6, 2024 /PRNewswire/ -- This personal letter follows on the announcement made earlier today that Truecaller's co-founders that Rishit Jhunjhunwala has been appointed CEO from 9th of January 2025 and that Alan Mamedi and Nami Zarringhalam have decided to leave their operational duties at Truecaller from the 30th of June 2025.
"As we continue to grow and evolve as a company, we remain committed to aligning our leadership with the opportunities and challenges that lie ahead. Over the past few years, we have built a strong leadership team that is fully dedicated to Truecaller's mission and plays a vital role in our day-to-day operations. We are all united behind our long-term strategy, and I am proud to say that we so far have executed on it effectively and are on track to make communication safer while building robust, diversified revenue streams that will grow the company for decades to come.
Interim report January-September 2024
STOCKHOLM, Nov. 6, 2024 /PRNewswire/ -- Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, is proud to report an increase in net sales with 15% to SEK 457.3 million (398.7). All income streams contributed to the growth. EBITDA increased with 15% to SEK 167.4 million (145.8) and the EBITDA margin was 36.6% (36.6%). During the quarter average number of monthly active users grew with 16 million which was an all-time high user growth in absolute terms.
STOCKHOLM, Nov. 6, 2024 /PRNewswire/ -- The board of directors has appointed Truecaller's current Chief Product Officer and Managing Director of India, Rishit Jhunjhunwala, as Group CEO of Truecaller from 9th of January 2025. During today's board meeting, CEO Alan Mamedi and Chief Strategy Officer Nami Zarringhalam announced the decision to leave their current operational roles to instead in the longer-term focus on their board duties and as strategic advisors to Truecaller. After 9th of January Alan Mamedi and Nami Zarringhalam will continue to be employed by the company as advisors until 30th of June 2025 to cater for a solid transition.
STOCKHOLM, Nov. 5, 2024 /PRNewswire/ -- Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, is proud to announce that it has successfully attained three ISO certifications: ISO 27001 for Information Security Management, ISO 22301 for Business Continuity Management, and ISO 9001 for Quality Management Systems. These achievements mark a significant milestone in Truecaller's commitment to the highest global standards of security, resilience, and quality in its operations.
STOCKHOLM, Oct. 9, 2024 /PRNewswire/ -- Institutional Shareholder Services (ISS), has on the 24th of September awarded Truecaller's ESG rating a two-letter upgrade from D+ to C+, thereby granting Truecaller "Prime" status which is given to companies with an ESG performance well above the sector average. Truecaller received a Decile Rank of 1 which places Truecaller among the top performers in the software and diversified IT services sector in ISS ESG-ratings.
"I am happy that our ESG-strategy and our structured sustainability work have been recognized by an external party. We have made many improvements during the last years both when it comes to new initiatives and increased transparency" comments Odd Bolin, CFO of Truecaller.
STOCKHOLM, Oct. 7, 2024 /PRNewswire/ -- During 30 September 2024 and 4 October 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 300,000 own B shares (ISIN: SE0016787071), corresponding to 0.08% of outstanding capital, as part of the share buyback programme initiated by the board of directors. Since the start of the programme, in the end of May, more than 3.6 million B-shares has been repurchased which corresponds to 1.03% of the outstanding capital. The buybacks have temporarily been paused in accordance with the regulations connected to the buyback programme as it now is 30 days prior to the Q3 report which will be published on the 7th of November.