Truecaller AB (LTS:0AA7)
kr 43.66711 0.62244 (1.45%) Market Cap: 15.14 Bil Enterprise Value: 14.14 Bil PE Ratio: 31.50 PB Ratio: 11.24 GF Score: 89/100

Q2 2023 Truecaller AB Earnings Call Transcript

Jul 21, 2023 / 11:00AM GMT
Release Date Price: kr42.15 (+37.17%)
Operator

Welcome to the Truecaller Q2 Presentation for 2023. (Operator Instructions)

Now I will hand the conference over to the CEO, Alan Mamedi; and CFO, Odd Bolin. Please go ahead.

Alan Mamedi;publ;Co;Founder
Truecaller AB;CEO & Director

()-- -

Thank you. Welcome, everyone. I'm Alan Mamedi and I'm the CEO and Co-Founder of Truecaller. And with me, I have our CFO, Odd Bolin. We're happy to announce our interim report for the second quarter of 2023. We'll start with presenting financial and business highlights. Then we'll move on to the Q&A.

So let's get started with the highlights of the quarter. In Q2, our user growth accelerated. We closed Q2 with an average of 356 million monthly active users, an increase of 11%. Average daily active users grew to 289 million, an increase of 13%. This brings us to an all-time high DAU to MAU ratio of 81.4%, meaning that the number of users who engage with Truecaller on a daily basis has grown. I am very pleased with the increased growth, which lays

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