Truecaller (Q4): Operational Resilience Hidden by Accounting Noise - Redeye

Truecaller released preliminary Q4 2025 numbers this morning. While the headline figures showed a significant beat, the most critical takeaway lies in the adjusted numbers, which strip out accounting changes and one-offs to provide a clearer view of underlying performance. Compared to our estimates, Truecaller demonstrated a more resilient operational profile supported by a proactive cost-efficiency program, while adjusted topline figures also came in slightly stronger than expected.

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