Opera Ltd - ADR

Opera Ltd. engages in the provision of web browsers through its subsidiaries. Its products include Opera browser for Windows, iOS, and Linux computers, as well as the mobile apps Opera for Android, Opera Mini, Opera Touch, and Opera News. The company was founded in 1995 and is headquartered in Oslo, Norway.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Opera Ltd achieves record Q4 revenue growth, eyes AI innovations

Opera's Q4 2022 performance marked a record high, driven by revenue growth, strong ARPU, and successful initiatives. The company's focus on high-value users and AI-powered innovations bode well for future growth.
While challenges like sustaining growth rates and market saturation exist, Opera's strengths in audience extension and innovative browsing experiences position it well to seize opportunities for further expansion and revenue diversification.

Opera Ltd surpasses Q1 revenue targets, eyes AI-driven growth

Opera's Q1 2023 performance exceeded expectations, driven by strong revenue growth and user base expansion. The company's focus on high-ARPU users and AI integration has been key to its success. While facing competition and monetization challenges, Opera is well-positioned to capitalize on the growing browser market and AI trends.

Opera Ltd reports robust Q2 earnings, focuses on growth and innovation

Opera's Q2 earnings call highlights strong financial performance, innovative AI initiatives, and user engagement growth. While challenges like market competition and innovation pace exist, Opera's focus on growth and innovation presents opportunities for further expansion. The company's updated guidance for 2023 underscores a positive outlook for continued growth.

Opera Ltd impresses with strong Q3 earnings and optimistic guidance

Opera Ltd's Q3 results reflect robust financial performance, with revenue and adjusted EBITDA exceeding expectations. The company's focus on advertising revenue and innovative products like Aria and Opera GX browser positions it well for sustained growth. However, managing increased marketing spend and ensuring profitability will be crucial moving forward.

Opera Ltd exceeds Q4 expectations, eyes growth through AI and new markets

Opera's strong financial performance in 2023 sets a positive outlook for 2024. The company's strategic focus on user engagement, AI integration, and revenue diversification positions it well for continued success.

Opera Ltd surpasses Q1 expectations, eyes growth in AI and monetization

Opera's Q1 performance exceeded expectations, driven by revenue growth and strong user monetization in key markets.
While facing challenges in marketing spend and differentiation, Opera's focus on innovation and user loyalty presents growth opportunities.
Overall, Opera is well-positioned to capitalize on market trends, AI advancements, and diverse user needs for continued success.

Opera Ltd surpasses Q2 expectations, eyes growth through e-commerce

Opera's Q2 performance exceeded expectations, driven by revenue growth, profitability enhancements, and user engagement. The company showcased resilience and adaptability in a competitive market landscape.
Despite facing potential challenges in market dynamics and regulatory compliance, Opera's strengths in user retention, AI integration, and financial stability position it well for future growth.
By focusing on e-commerce, strategic marketing, and leveraging opportunities for expansion, Opera aims to sustain its growth trajectory and capitalize on emerging trends in the digital market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Opera Ltd. engages in the provision of web browsers through its subsidiaries. Its products include Opera browser for Windows, iOS, and Linux computers, as well as the mobile apps Opera for Android, Opera Mini, Opera Touch, and Opera News. The company operates through the Browser and News; and Other segments. The Browser and News segment includes PC and mobile browsers, gaming portals and game development tools, News content recommendation products, and audience extension allowing advertisers to take advantage of advertising network on third party inventories. The Other segment comprises of licensing of proprietary technology to third parties and provisions of related maintenance, support and hosting services, provision of professional services, and provision of customized browser configurations to mobile operators. Opera was founded in 1995 and is headquartered in Oslo, Norway.

- One in four gamers has destroyed their gear out of rage - Two out of three get angry when losing and a majority has had a game ruin their mood for the rest of the day - Opera partners with leading gaming psychiatrist Dr K and Cr1TiKaL to discuss mental health in gaming OSLO, Norway , June 2, 2022 /PRNewswire/ -- Losing our temper while gaming is not just the stuff of memes but also a pressing issue that many of us struggle with while playing video games. An Opera GX survey found that more than two thirds of gamers (65% UK, 69% US) get angry when they lose, while even more (85% UK, 83% US) become irate if lag, or a poor internet connection ruins their game.

Gamer rage is more than memes: Opera GX presents its first Rage Report with key insights on US and UK gamers' daily frustrations

OSLO, Norway, May 25, 2022 /PRNewswire/ -- Six years ago, Opera (NASDAQ: OPRA) became the first major browser to offer a free, unlimited, no log built-in browser VPN service. Opera is now expanding its security features with the new VPN Pro subscription service, a premium device-wide VPN that can also be used without installing a separate application.

Opera becomes the only major browser with both Free & Pro VPN solutions for serious data protection and powerful online security

Opera Limited (NASDAQ:OPRA ) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Song Lin – Co-Chief Executive Officer Matt Wolfson – Head of Investor Relations Frode Jacobsen – Chief Financial Officer Conference Call Participants Lance Vitanza – Cowen Mark Argento – Lake Street Alicia Yap – Citigroup Operator Welcome to the Opera Limited First Quarter, 2022, Earnings Call. At this time, all participants are in a listen-only mode.

Opera Limited (OPRA) CEO Song Lin on Q1 2022 Results - Earnings Call Transcript

Both revenue and adjusted EBITDA exceeded expectations Q1 revenue grew 39% year-over-year driven by strong product portfolio and growth in high ARPU markets Company announced and began to implement a $50 million buyback program Company affirms 2022 guidance for revenue growth of 22% and adjusted EBITDA growth of 90% with an 18% margin at the midpoint OSLO, Norway , April 28, 2022 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced its unaudited consolidated financial results for the quarter ended March 31, 2022. First quarter 2022 financial highlights Three Months Ended March 31, Year-over- year % [US$ thousands, except for margins and per ADS amounts] 2021 2022 change Revenue 51,583 71,583 38.8 % Net income (loss) 639 (9,436) n.m.

Opera reports first quarter 2022 results

OSLO, Norway , April 21, 2022 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA) ("Opera") announced that it has sold its 19.35% ownership interest in Star Group Interactive Inc. ("Star X", formerly known as "StarMaker"), to Kunlun Tech Limited ("Kunlun"), its parent company, for $83.5 million in cash. The transaction closed on the same date.

Opera sells its stake in Star X (StarMaker) for $83.5 million, earning a 178% cash gain

OSLO, Norway , April 13, 2022 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, will report its first quarter 2022 results before the market opens on Thursday, April 28th, 2022. The quarterly report will be available on the investor relations section of our website at https://investor.opera.com.

Opera Limited to announce first quarter 2022 financial results on April 28, 2022

OSLO, Norway , March 22, 2022 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA) ("Opera") announced that it had sold its 42.35% ownership interest in NanoCred Cayman Co. Limited ("Nanobank") to an undisclosed thirdparty buyer for $127.1 million in cash. Payment will be made in eight equal quarterly installments over the next two years with no contingencies.

Opera Divests Nanobank

Cash-rich balance sheet, Multiple Shots on Goal.

Opera: Fast Growing Browser Business Buttressed With Cash And Investments

Logitech

OSLO, Norway, March 8, 2022 /PRNewswire/ -- Opera GX has integrated Logitech G's popular lighting technology, LIGHTSYNC RGB, to transform the browsing experience into a full-spectrum lighting experience, featuring over 16.8 million colors. Gamers, who are using Opera GX and Logitech G gaming gear with LIGHTSYNC RGB, can unleash an explosion of color by creating custom lighting effects and animations, which dynamically respond every time they open a tab, receive a message or download a file using Opera GX.

Opera GX integrates Logitech G LIGHTSYNC RGB to make gamers' RGB-enabled set-ups shine when browsing

NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Nervos today announced the completion of Layer 1 integration with the native crypto wallet of Opera , (NASDAQ:OPRA) the company behind the popular, eponymous multi-platform web browser. Starting today, Opera's millions of users can send and receive $CKB within the crypto wallet built into the Opera browser on Android.

Nervos Completes Wallet Integration to Enable Opera's Millions of Users to Send and Receive $CKB

Opera Limited (OPRA) CEO Song Lin on Q4 2021 Results - Earnings Call Transcript

OSLO, Norway, Feb. 17, 2022 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced its unaudited consolidated financial results for the quarter ended December 31, 2021. Fourth quarter and full year 2021 financial highlights Three Months Ended December 31, Year-over- Twelve Months Ended December 31, Year-over- [US$ thousands, except for margins and per ADS amounts] 2020 2021 year % change   2020 2021 year % change   Revenue 50,229 72,626 44.6 % 165,056 250,991 52.1 % Net income (loss) 28,527 (84,209) -395.2 % 179,174 (15,784) -108.8 % Margin 56.8 % -115.9 % 108.6 % -6.3 % Adjusted EBITDA (1) 14,052 16,091 14.5 % 24,969 27,850 11.5 % Margin 28.0 % 22.2 % 15.1 % 11.1 % Adjusted net income (loss) (1) 45,298 (77,906) -272.0 % 62,876 5,661 -91.0 % Margin 90.2 % -107.3 % 38.1 % 2.3 % Diluted net income (loss) per ADS, US$ 0.25 (0.73) -395.5 % 1.51 (0.14) -109.0 % Diluted adjusted net income (loss) per ADS, US$ (1) 0.38 (0.68) -279.1 % 0.53 0.05 -90.8 % (1) Please see the separate section "About non-IFRS financial measures" for the definitions of adjusted EBITDA and adjusted net income.

Opera reports fourth quarter and full-year 2021 Results

OSLO, Norway, Feb. 1, 2022 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, will report its fourth quarter 2021 results before the market opens on Thursday, February 17th, 2022. The quarterly report will be available on the investor relations section of our website at https://investor.opera.com.

Opera Limited to announce fourth quarter 2021 financial results on February 17, 2022

In addition to benefiting from search and advertising revenues through its browsers, Opera is also monetizing its FinTech investments and venturing into games.

Opera: Much More Than Just About Internet Browsers

Opera Ltd's (NASDAQ: OPRA) board authorized the management to execute a share repurchase program of up to $50 million of ADSs, each representing two ordinary shares, by March 31, 2024. Oslo, Norway-based Opera provides browser and integrated AI-driven digital content discovery and recommendation platforms.

Opera Shares Gain On Launch Of $50M Stock Buyback Program

OSLO, Norway, Jan. 20, 2022 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA) ("Opera", or the "Company"), a global web innovator with an engaged and growing base of hundreds of millions of monthly active users who seek a better internet experience, today announced that its board of directors has approved a share repurchase program (the "Program"), which authorizes the Company's management to execute the repurchase of up to US$50 million of its American Depositary Shares ("ADSs"), each representing two ordinary shares, by March 31, 2024. Mr.

Opera Announces $50 Million Share Repurchase Program

OSLO, Norway, Jan. 7, 2022 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that Frode Jacobsen, Chief Financial Officer, and Matthew Wolfson, Vice President of Investor Relations, will present at the 24th Annual Needham Virtual Growth Conference. Event Details: Needham Growth Conference Date: Tuesday, January 11, 2022 Virtual Fireside Chat : 9:15 A.M.

Opera Limited to participate at the Needham Virtual Growth Conference

OSLO, Norway, Dec. 20, 2021 /PRNewswire/ -- Opera (NASDAQ:OPRA) today announced the renewal on substantially similar terms of the multi-year commercial agreement to distribute Google Search in Opera browsers. Opera has had a search distribution agreement with Google (NASDAQ: GOOGL) since 2001.

Opera and Google renew search agreement

LONDON and OSLO, Norway, Dec. 15, 2021 /PRNewswire/ -- Opera [NASDAQ: OPRA], a leading global web innovator chosen by hundreds of millions of users globally, is collaborating with Butter , one of only two Buy-Now-Pay-Later (BNPL) platforms regulated by the FCA, to make the user experience more seamless for UK based shoppers in the Opera browser . Butter's Buy-Now-Pay-Later extension will give millions of UK consumers the possibility to spread payments on any e-commerce product purchased using an Opera browser.

Opera partners with Butter to provide an optional in-browser BNPL extension in the UK

OSLO, Norway, Dec. 3, 2021 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that Frode Jacobsen, Chief Financial Officer, and Matthew Wolfson, Vice President of Investor Relations, will present at the UBS Global TMT Virtual Conference. Event Details: UBS Global TMT Virtual Conference Date: Wednesday, December 8, 2021 Virtual Fireside Chat : 2:00 P.M.

Opera Limited to participate at the UBS Global TMT Virtual Conference

OSLO, Norway, Nov. 16, 2021 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that Frode Jacobsen, Chief Financial Officer, and Matthew Wolfson, Vice President of Investor Relations, will present and host one-on-one investor meetings at the MKM Partners Virtual Conference. Event Details: MKM Partners Virtual Conference Date: Wednesday, November 17, 2021 Virtual Fireside Chat : 8:30 a.m.

Opera Limited to participate at the MKM Partners Virtual Conference

OSLO, Norway, Nov. 12, 2021 /PRNewswire/ -- Opera [NASDAQ: OPRA], a leading global web innovator with an engaged and growing base of hundreds of millions of monthly active users, recently announced the expansion of its new integrated browser cashback service, Dify, to Poland, Russia and Ukraine. This makes Opera the first to provide users with an integrated, seamless, non-intrusive cashback experience inside their browser.

Opera expands Dify, a new cashback service built into its browser, to Poland, Russia and Ukraine

OSLO, Norway, Nov. 4, 2021 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced that it will hold its 2021 Annual General Meeting of shareholders ("AGM") on December 9, 2021, at 14:00 Central European Time. Due to the continuing effects of the COVID-19 pandemic, the AGM will be a virtual meeting.

Opera Limited to Hold 2021 Annual General Meeting on December 9, 2021

Opera Limited's (OPRA) CEO Song Lin on Q3 2021 Results - Earnings Call Transcript

OSLO, Norway, Oct. 28, 2021 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced its unaudited consolidated financial results for the quarter ended September 30, 2021. Third quarter 2021 financial highlights Three Months Ended September 30, Year-over- Nine Months Ended September 30, Year-over- [US$ thousands, except for margins and per ADS amounts] 2020 2021   year % change 2020 2021   year % change Revenue 42,416 66,620 57.1 % 114,827 178,365 55.3 % Net income (loss) 154,367 23,500 -84.8 % 150,648 68,426 -54.6 % Margin 363.9 % 35.3 % 131.2 % 38.4 % Adjusted EBITDA (1) 10,658 8,197 -23.1 % 10,917 11,759 7.7 % Margin 25.1 % 12.3 % 9.5 % 6.6 % Adjusted net income (1) 10,453 29,816 185.2 % 17,580 83,567 375.4 % Margin 24.6 % 44.8 % 15.3 % 46.9 % Diluted net income per ADS, US$ 1.31 0.20 -84.7 % 1.26 0.59 -53.2 % Diluted adjusted net income per ADS, US$ (1) 0.08 0.26 230.3 % 0.15 0.72 389.5 % (1) Please see the separate section "About non-IFRS financial measures" for the definitions of adjusted EBITDA and adjusted net income.

News for Opera Ltd - ADR Stock (OPRA)