Research from Redeye, Redeye AB

Redeye

Redeye is the next generation equity research and investment banking company, specialized in Life Science and Technology. We are the leading provider of Corporate Broking and Corporate Finance in these sectors.

Our clients are innovative growth companies in the Nordics and we use a unique Rating model based on a value based investment philosophy. Redeye was founded 1999 in Stockholm and is regulated by the Swedish Financial Authority (Finansinspektionen). 

Expertise in Denmark, Finland, Norway and Sweden.

Research from Redeye

Redeye AB

Specialists in innovative and fast-growing Nordic companies within Life Science and Technology.

Redeye is the next generation equity research and investment banking company, specialized in Life Science and Technology. We are the leading provider of Corporate Broking and Corporate Finance in these sectors.

Our clients are innovative growth companies in the Nordics and we use a unique Rating model based on a value based investment philosophy. Redeye was founded 1999 in Stockholm and is regulated by the Swedish Financial Authority (Finansinspektionen).

Equity Bottom-Up

<ul><li>Redeye has updated its estimates and valuation for Truecaller following continued pressure on advertising revenues caused by an unannounced algorithm change by its largest demand-side partner, which accounts for roughly 30% of Truecaller’s ad revenues from that partner.</li><li>The change triggered a binary flagging of parts of Truecaller’s ad inventory, resulting in a sharp reduction in ad volumes.</li><li>A weaker ad market in India further compounds pressure on advertising revenues.</li></ul>

Redeye has updated its estimates and valuation for Truecaller following continued pressure on advertising revenues caused by an unannounced algorithm change by its largest demand-side partner, which accounts for roughly 30% of Truecaller’s ad revenues from that partner.The change triggered a binary flagging of parts of Truecaller’s ad inventory, resulting in a sharp reduction in ad volumes.A weaker ad market in India further compounds pressure on advertising revenues.

Truecaller AB

Truecaller: Ad revenue headwinds