Opera Limited

NASDAQ•OPRA

CEO: Mr. Yahui Zhou

Sector: Communication Services

Industry: Internet Content & Information

Listing Date: 2018-07-27

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service. It provides Opera Crypto Browser for PCs and mobile; browser-based cashback rewards programs; owns GameMaker Studio, a 2D gaming development platform; and GXC, a gaming portal. In addition, the company operates Opera Ads, an online advertising platform; and offers Web3 and e-commerce services. Opera Limited was founded in 1995 and is headquartered in Oslo, Norway. Opera Limited is a subsidiary of Kunlun Tech Limited.

Contact Information

Vitaminveien 4, Oslo, 0485, Norway

47-2369-2400

www.opera.com

Market Cap

$1.34B

P/E (TTM)

12.4

32.7

Dividend Yield

5.2%

52W High

$21.06

52W Low

$11.71

52W Range

35%

Rank45Top 56.8%

3.6

F-Score

Modified Piotroski Analysis

Based on 9-year fundamentals

Weak • 3.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2017-2025

Financial Dashboard

Q4 2025 Data

Revenue

$176.99M+0.00%

4-Quarter Trend

EPS

$0.62+0.00%

4-Quarter Trend

FCF

$39.64M+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Strong Revenue Growth Continues Total Revenue reached $480.6M USD in 2024, marking a 21% increase from 2023, driven by advertising and search growth.

Adjusted EBITDA Rises Adjusted EBITDA grew 23% to $115.3M USD in 2024, maintaining a strong 24% margin, reflecting operational efficiency.

User Monetization Strategy Success Annualized ARPU increased 37% to $1.97 USD in Q4 2024, following strategic focus shift towards Western markets.

Operating Cash Flow Increases Net cash flow from operating activities was $105.0M USD in 2024, a 27% increase, supporting infrastructure investments.

Risk Factors

User Base Growth Challenges Risk of failing to maintain or grow user base size and engagement levels due to intense competition and need for innovation.

AI Technology Liability Exposure Potential liability or reputational harm arising from flawed AI algorithms, biased datasets, or intellectual property claims related to AI use.

Internal Control Not Effective Management concluded internal control over financial reporting was not effective due to incomplete remediation of material weaknesses as of December 31, 2024.

Macroeconomic and Geopolitical Impact Worldwide macroeconomic conditions, inflation, and geopolitical conflicts like the Ukraine war may adversely affect operating results and financial condition.

Outlook

Expanding AI Service Offerings Continued development and deployment of generative AI tools, including the R&D project Browser Operator intended for 2025 release.

Commitment to Shareholder Returns Board adopted recurring semi-annual cash dividend program, paying $0.40 per ADS, intending to continue subject to approval.

Infrastructure Investment Focus Significant 2024 capital expenditure of $30.6M USD, primarily for the new AI data cluster, though similar large investments are not expected soon.

Peer Comparison

Revenue (TTM)

AMC

$4.85B

+4.6%

LILA

$4.44B

-0.3%

FUBO

$2.72B

+67.7%

Gross Margin (Latest Quarter)

AMC

140.4%

+0.0pp

EVER

97.7%

+1.1pp

YELP

90.0%

-0.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
NN	$2.50B	-13.0	508.1%	6.1%
ZD	$1.67B	35.0	2.6%	24.3%
LILA	$1.59B	-2.6	-86.9%	75.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

7.4%

Steady Growth

4Q Net Income CAGR

44.9%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026

EPS:$0.26

Revenue:$171.04M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data