Truecaller AB (publ) (TRUE-B) - Net Assets
Based on the latest financial reports, Truecaller AB (publ) (TRUE-B) has net assets worth Skr1.20 Billion SEK (≈ $128.68 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.55 Billion ≈ $166.89 Million USD) and total liabilities (Skr355.10 Million ≈ $38.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Truecaller AB (publ) tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr1.20 Billion |
| % of Total Assets | 77.1% |
| Annual Growth Rate | 42.8% |
| 5-Year Change | -11.37% |
| 10-Year Change | N/A |
| Growth Volatility | 284.49 |
Truecaller AB (publ) - Net Assets Trend (2017–2025)
This chart illustrates how Truecaller AB (publ)'s net assets have evolved over time, based on quarterly financial data. See TRUE-B defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Truecaller AB (publ) (2017–2025)
The table below shows the annual net assets of Truecaller AB (publ) from 2017 to 2025. For live valuation and market cap data, see Truecaller AB (publ) (TRUE-B) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr1.25 Billion ≈ $134.62 Million |
-16.96% |
| 2024-12-31 | Skr1.51 Billion ≈ $162.12 Million |
-13.61% |
| 2023-12-31 | Skr1.74 Billion ≈ $187.65 Million |
-3.35% |
| 2022-12-31 | Skr1.80 Billion ≈ $194.15 Million |
+27.82% |
| 2021-12-31 | Skr1.41 Billion ≈ $151.89 Million |
+867.16% |
| 2020-12-31 | Skr145.93 Million ≈ $15.70 Million |
-3.24% |
| 2019-12-31 | Skr150.81 Million ≈ $16.23 Million |
+98.79% |
| 2018-12-31 | Skr75.87 Million ≈ $8.16 Million |
+4.87% |
| 2017-12-31 | Skr72.34 Million ≈ $7.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Truecaller AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6227900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr765.00K | 0.06% |
| Other Components | Skr1.72 Billion | 137.33% |
| Total Equity | Skr1.25 Billion | 100.00% |
Truecaller AB (publ) Competitors by Market Cap
The table below lists competitors of Truecaller AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sofwave Medical Ltd
TA:SOFW
|
$387.48 Million |
|
Molinos Rio de la Plata SA
BA:MOLI
|
$387.52 Million |
|
Dynasty Ceramic Public Company Limited
BK:DCC
|
$387.54 Million |
|
Eche Izquierdo
SN:EISA
|
$387.57 Million |
|
Aldebaran Resources Inc
V:ALDE
|
$386.91 Million |
|
Oriental Times Media Corp
SHE:002175
|
$386.74 Million |
|
Chemplast Sanmar Limited
NSE:CHEMPLASTS
|
$386.68 Million |
|
Marshall Boya ve Vernik Sanayi AS
IS:MRSHL
|
$386.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Truecaller AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,506,440,000 to 1,250,969,000, a change of -255,471,000 (-17.0%).
- Net income of 388,625,000 contributed positively to equity growth.
- Dividend payments of 583,158,000 reduced retained earnings.
- Share repurchases of 197,200,000 reduced equity.
- New share issuances of 30,770,000 increased equity.
- Other comprehensive income decreased equity by 4,854,000.
- Other factors increased equity by 110,346,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr388.62 Million | +31.07% |
| Dividends Paid | Skr583.16 Million | -46.62% |
| Share Repurchases | Skr197.20 Million | -15.76% |
| Share Issuances | Skr30.77 Million | +2.46% |
| Other Comprehensive Income | Skr-4.85 Million | -0.39% |
| Other Changes | Skr110.35 Million | +8.82% |
| Total Change | Skr- | -16.96% |
Book Value vs Market Value Analysis
This analysis compares Truecaller AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 55.60x to 3.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr0.23 | Skr12.88 | x |
| 2019-12-31 | Skr0.40 | Skr12.88 | x |
| 2020-12-31 | Skr0.39 | Skr12.88 | x |
| 2021-12-31 | Skr3.95 | Skr12.88 | x |
| 2022-12-31 | Skr4.83 | Skr12.88 | x |
| 2023-12-31 | Skr4.85 | Skr12.88 | x |
| 2024-12-31 | Skr4.38 | Skr12.88 | x |
| 2025-12-31 | Skr3.65 | Skr12.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Truecaller AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 31.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.32%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.32x
- Recent ROE (31.07%) is above the historical average (-2.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -86.22% | -35.57% | 1.28x | 1.89x | Skr-73.00 Million |
| 2019 | -64.36% | -32.97% | 1.07x | 1.82x | Skr-112.15 Million |
| 2020 | -10.64% | -3.16% | 1.13x | 2.99x | Skr-30.12 Million |
| 2021 | 18.30% | 22.88% | 0.67x | 1.20x | Skr117.17 Million |
| 2022 | 29.67% | 30.19% | 0.76x | 1.30x | Skr354.82 Million |
| 2023 | 30.76% | 31.02% | 0.80x | 1.24x | Skr361.96 Million |
| 2024 | 34.81% | 28.14% | 0.95x | 1.30x | Skr373.68 Million |
| 2025 | 31.07% | 20.32% | 1.16x | 1.32x | Skr263.53 Million |
Industry Comparison
This section compares Truecaller AB (publ)'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $41,920,763
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Truecaller AB (publ) (TRUE-B) | Skr1.20 Billion | -86.22% | 0.30x | $387.22 Million |
| 24SevenOffice Scandinavia AB (247) | $54.20 Million | -300.60% | 7.57x | $67.95 Million |
| eEducation Albert AB (ALBERT) | $110.20 Million | -95.09% | 0.93x | $12.20 Million |
| AppSpotr AB (APTR) | $36.54 Million | -80.26% | 0.22x | $28.96 Million |
| Better Collective (BETCO) | $14.78 Million | 54.82% | 1.62x | $764.40 Million |
| BIMobject AB (BIM) | $152.19 Million | -83.83% | 0.78x | $77.87 Million |
| Bambuser AB (BUSER) | $14.14 Million | -20.76% | 0.29x | $17.58 Million |
| CodeMill AB (CDMIL) | $29.32 Million | -19.90% | 1.21x | $22.21 Million |
| Crunchfish AB (CFISH) | $10.85 Million | -91.71% | 0.58x | $23.32 Million |
| ChargePanel AB (CHARGE) | $-3.94 Million | 0.00% | 0.00x | $6.51 Million |
| Checkin.com Group AB (CHECK) | $932.95K | -49.66% | 1.31x | $10.16 Million |
About Truecaller AB (publ)
Truecaller AB (publ), together with its subsidiaries, develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally. The company operates a platform for verifying contacts and blocking unwanted communication under the Truecaller brand. Its software also offers Caller ID that helps prevent scams and allows users to avoid ju… Read more