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 provides an update following Truecaller’s Q3 2025 report, which came in below expectations due to headwinds in the Ads segment.</li><li>While recurring revenues and user growth remain strong, near-term pressure on Ads persists.</li><li>Redeye has revised its estimates and valuation, reflecting these developments, though underlying momentum and progress on revenue diversification support the company’s long-term growth case.</li></ul>

Redeye provides an update following Truecaller’s Q3 2025 report, which came in below expectations due to headwinds in the Ads segment.While recurring revenues and user growth remain strong, near-term pressure on Ads persists.Redeye has revised its estimates and valuation, reflecting these developments, though underlying momentum and progress on revenue diversification support the company’s long-term growth case.

Truecaller (Q3 Review): Soft quarter, strong foundation

Truecaller AB

Truecaller (Q3 Review): Soft quarter, strong foundation