Sectra's earnings are forecast to grow 21.2% annually, outpacing the Swedish market's 15.6%. Recent results show revenue rising to SEK 739.48 million, with net income at SEK 80.4 million for Q1 2024, reflecting strong growth from the previous year. The company's recent agreement with MaineGeneral Health highlights its scalable cloud solutions in healthcare IT, enhancing operational efficiency and security. Insider activity shows more shares bought than sold recently, though not in substantial volumes.

• Unlock comprehensive insights into our analysis of Sectra stock in this growth report.

• Insights from our recent valuation report point to the potential overvaluation of Sectra shares in the market.

Truecaller

Simply Wall St Growth Rating: ★★★★★★

Overview: Truecaller AB (publ) develops and publishes mobile caller ID applications for individuals and businesses across India, the Middle East, Africa, and internationally, with a market cap of approximately SEK15.60 billion.

Operations: The company's revenue primarily comes from its Communications Software segment, which generated SEK1.72 billion.

Insider Ownership: 29.7%

Return On Equity Forecast: 42% (2027 estimate)

Truecaller is positioned for significant growth, with earnings expected to rise by 21.73% annually, outpacing the Swedish market. The company's revenue is also forecasted to grow over 20% per year. Recent strategic moves include a partnership with Halan to enhance communication security and an appointment of a seasoned executive in India, both supporting its expansion efforts. Insider activity shows more shares bought than sold recently, albeit not in substantial volumes.

• Navigate through the intricacies of Truecaller with our comprehensive analyst estimates report here.

• Our valuation report here indicates Truecaller may be undervalued.

Summing It All Up

• Unlock our comprehensive list of 80 Fast Growing Swedish Companies With High Insider Ownership by clicking here.

• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.

• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include OM:LOGI A OM:SECT B and OM:TRUE B.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]