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>Truecaller reported Q2 net sales above our expectations and consensus, driven by a sequential recovery in advertising and a clear beat in Truecaller for Business.</li><li>Reported EBITDA came in 59 percent above our forecast, helped by a materially lower cost base.</li><li>Importantly, the report confirms that Q1 marked the bottom — the sequential improvement across all revenue streams we wanted to see.</li></ul>

Truecaller reported Q2 net sales above our expectations and consensus, driven by a sequential recovery in advertising and a clear beat in Truecaller for Business.Reported EBITDA came in 59 percent above our forecast, helped by a materially lower cost base.Importantly, the report confirms that Q1 marked the bottom — the sequential improvement across all revenue streams we wanted to see.

Truecaller (Initial take Q2): Broad beat as advertising turns — first step into the US

Truecaller AB

Truecaller (Initial take Q2): Broad beat as advertising turns — first step into the US