Truecaller Second Quarter 2024 Earnings: EPS: kr0.35 (vs kr0.57 in 2Q 2023)

Truecaller (STO:TRUE B) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr457.9m (down 12% from 2Q 2023).
• Net income: kr123.0m (down 40% from 2Q 2023).
• Profit margin: 27% (down from 40% in 2Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: kr0.35 (down from kr0.57 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Truecaller Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's shares are up 1.5% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Truecaller's balance sheet and an in-depth analysis of the company's financial position.

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