Operator
Welcome to Truecaller’s Press Convention December 2025. [Operator Instructions] Now I’ll hand the convention over to the CEO, Rishit Jhunjhunwala; and CFO, Odd Bolin. Please go forward.
Rishit Jhunjhunwala
Group Chief Govt Officer
Hello, everybody. Welcome to this further webcast given this morning’s replace to the market on our advert income growth. I am Rishit Jhunjhunwala, the CEO and with me, as all the time, I’ve Odd Bolin, our CFO.
So at the moment, I am going to rapidly summarize [this evening]. Now we have a number of bullets to cowl, after which we’ll get into Q&A. So in abstract, because the center of August, our advert revenues have been impacted by two occasions. Firstly, the algorithm modified utterly out of the blue by our largest demand companion for all publishers like us. This flagged our stock of their techniques, and this lowered income. Secondly, the weakening of the advertisements market in India with the actual cash gaming sector being banned utterly, and some different exterior elements.
Now the incidence of the difficulty from this algorithm change that we have spoken about, is now considerably decrease and it’s now solely a fraction of what it was in the midst of August, however it hasn’t been utterly eliminated. So our efforts are nonetheless on. We’re undoubtedly not out of the woods but, however I’ll take a second to explain this just a little bit extra. When an advert publishers’ stock is flagged within the demand companion’s system, it will definitely causes much less advertisements to movement by means of the system to us. This hasn’t been the case earlier. And since the algorithm modified abruptly, our
