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 Q1 net sales exceeding our expectations and consensus by 3%.</li><li>User growth remains a highlight, with the platform surpassing 500m total users and adding 9m monthly active users during the quarter.</li><li>The quarter saw margins in line with expectations and a continued shift towards recurring revenue, which now accounts for 47% of total sales.</li></ul>

Truecaller reported Q1 net sales exceeding our expectations and consensus by 3%.User growth remains a highlight, with the platform surpassing 500m total users and adding 9m monthly active users during the quarter.The quarter saw margins in line with expectations and a continued shift towards recurring revenue, which now accounts for 47% of total sales.

Truecaller (Q1 Initial take): Stronger sales, margins in line

Truecaller AB

Truecaller (Q1 Initial take): Stronger sales, margins in line