Truecaller AB to Unveil Q1 2024 Interim Report

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Truecaller AB, a global platform renowned for verifying contacts and preventing unwanted communication, is set to release its interim report for the period of January-March on Tuesday, May 7, 2024, at 07:30 CET. The report will be made available on the company’s website.

The CEO of Truecaller, Alan Mamedi, along with the CFO, Odd Bolin, will present the report and field questions during a webcast and conference call scheduled for 13:00 CET on the same day. Keeping in line with the company’s international approach, the presentation will be conducted in English.

If you wish to participate in the event via webcast, a registration link will be provided on the company’s official website. Alternatively, for those opting for the teleconference option, registration is necessary to receive the relevant phone numbers and conference ID.

Truecaller’s commitment to transparency and open communication is evident in their willingness to engage with shareholders and stakeholders alike through this presentation. The opportunity to pose questions verbally via the teleconference ensures active involvement and collaboration from participants.

For additional information, please reach out to Andreas Frid, Head of Investor Relations & Communication, at +46 705 290800 or via email at [email protected]

Truecaller, a groundbreaking company established in 2009, has become an invaluable tool for over 374 million active users globally. With a strong focus on creating a secured communication ecosystem, Truecaller has successfully identified and blocked an astounding 50 billion unwanted calls in 2023 alone.

Headquartered in Stockholm and listed on Nasdaq Stockholm since October 8, 2021, Truecaller remains a co-founder-led and entrepreneurial organization. Their unwavering commitment to combating fraud and unwanted communication in both established and emerging markets reflects their dedication to building trust in communication.

To learn more about Truecaller and its mission to foster safe and meaningful conversations, please visit their corporate website at corporate.truecaller.com.

Note: This article is based on information provided by Truecaller AB and was sourced from Cision.

In addition to the information provided in the article, here are some additional facts and insights about Truecaller AB and the upcoming Q1 2024 interim report:

Current Market Trends:
1. Increasing demand for spam call protection: With the rise in unsolicited and fraudulent calls, there is a growing need for reliable solutions like Truecaller to identify and block such calls.
2. Expansion into new markets: Truecaller has been expanding its presence in emerging markets such as India, Brazil, and Indonesia, where the issue of spam calls is especially prevalent.

Forecasts:
1. User growth: Truecaller is expected to continue experiencing growth in its user base, as more people recognize the value of its service in filtering unwanted communication.
2. Revenue growth: The company’s revenue is likely to show a positive trend, driven by increased adoption of premium features and potential partnerships with businesses for targeted advertising.

Key Challenges or Controversies:
1. Privacy concerns: Some users and analysts have raised concerns about the amount of personal data collected by Truecaller and the potential misuse of that data.
2. Regulatory hurdles: Truecaller operates in different regulatory environments across the globe, and compliance with various privacy and telecommunication laws can pose challenges.

Advantages of Truecaller:
1. Enhanced user experience: Truecaller offers a seamless experience by providing accurate contact information and blocking spam calls, saving users time and frustration.
2. Security and privacy: The platform helps users avoid potential scams and unwanted communication, improving their overall safety and privacy.

Disadvantages of Truecaller:
1. Dependence on data accuracy: The effectiveness of Truecaller’s services relies on the accuracy of the contact information in its database. Inaccurate or outdated data could result in false positives or missed spam calls.
2. Potential privacy risks: Some users may be hesitant to share their contact information with Truecaller due to privacy concerns, limiting the platform’s effectiveness.

For more in-depth information about Truecaller and its operations, you can visit their corporate website at corporate.truecaller.com.

Source: This information is based on industry trends, market analysis, and public information about Truecaller AB. It is not sourced directly from the provided article.