Increased focus on recurring revenues
Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, increased EBITDA with 24% to SEK 169 million (136) and the EBITDA margin was 39.7% (30.6%) in the fourth quarter. Earnings per share increased with 43% to 0.33 SEK (0.23) while net sales decreased with 4% to SEK 424.7 million (444.1).“During the fourth quarter, our user base grew by six million, landing at an average of 374 million monthly active users. The trend of high growth rates outside of India continued. During the quarter, we saw higher relative growth in regions outside of India and