Financial Snapshot

Revenue
$450.6M
TTM
Gross Margin
74.93%
TTM
Net Earnings
$175.6M
TTM
Current Assets
$193.4M
Q3 2024
Current Liabilities
$91.93M
Q3 2024
Current Ratio
210.41%
Q3 2024
Total Assets
$1.013B
Q3 2024
Total Liabilities
$101.0M
Q3 2024
Book Value
$911.7M
Q3 2024
Cash
$106.0M
Q3 2024
P/E
9.612
Nov 29, 2024 EST
Free Cash Flow
$84.46M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $397.5M $331.5M $251.5M $176.6M $334.9M $172.3M $134.4M $107.3M
YoY Change 19.91% 31.83% 42.39% -47.27% 94.37% 28.2% 25.26%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $397.5M $331.5M $251.5M $176.6M $334.9M $172.3M $134.4M $107.3M
Cost Of Revenue $93.25M $54.59M $13.69M $8.327M $74.00M $13.30M $1.300M $1.100M
Gross Profit $304.2M $276.9M $237.8M $168.3M $260.9M $159.0M $133.1M $106.2M
Gross Profit Margin 76.54% 83.53% 94.56% 95.28% 77.9% 92.28% 99.03% 98.97%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $192.7M $193.3M $198.5M $119.9M $139.6M $72.50M $75.30M $72.00M
YoY Change -0.32% -2.63% 65.65% -14.14% 92.55% -3.72% 4.58%
% of Gross Profit 63.34% 69.81% 83.5% 71.23% 53.51% 45.6% 56.57% 67.8%
Research & Development $46.10M $50.54M $44.06M $38.74M
YoY Change -8.78% 14.71% 13.73%
% of Gross Profit 15.15% 18.25% 18.53% 23.02%
Depreciation & Amortization $13.17M $13.94M $19.60M $20.39M $18.93M $12.69M $16.60M $12.67M
YoY Change -5.55% -28.88% -3.87% 7.71% 49.17% -23.55% 31.02%
% of Gross Profit 4.33% 5.03% 8.24% 12.12% 7.26% 7.98% 12.47% 11.93%
Operating Expenses $240.0M $231.6M $238.4M $166.8M $240.2M $113.7M $119.6M $115.7M
YoY Change 3.61% -2.83% 42.88% -30.55% 111.26% -4.93% 3.37%
Operating Profit $64.27M $45.31M -$587.0K $1.449M $20.70M $45.30M $13.50M -$9.500M
YoY Change 41.84% -7819.08% -140.51% -93.0% -54.3% 235.56% -242.11%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $7.269M -$18.23M -$33.71M $15.75M $5.200M -$3.900M -$3.700M -$5.300M
YoY Change -139.87% -45.93% -314.07% 202.87% -233.33% 5.41% -30.19%
% of Operating Profit 11.31% -40.23% 1086.89% 25.12% -8.61% -27.41%
Other Income/Expense, Net $105.9M $1.500M $115.0M $24.21M $37.60M $200.0K $1.000M $0.00
YoY Change 6963.07% -98.7% 375.08% -35.62% 18700.0% -80.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income $176.1M $23.87M -$43.11M $37.51M $63.50M $41.60M $7.500M -$18.60M
YoY Change 637.77% -155.38% -214.93% -40.93% 52.64% 454.67% -140.32%
Income Tax $6.697M $8.835M $43.00K $75.00K $5.600M $6.500M $1.400M -$2.800M
% Of Pretax Income 3.8% 37.01% 0.2% 8.82% 15.63% 18.67%
Net Earnings $169.4M $15.04M -$43.97M $179.2M $57.90M $35.20M $6.100M -$15.80M
YoY Change 1026.76% -134.2% -124.54% 209.45% 64.49% 477.05% -138.61%
Net Earnings / Revenue 42.62% 4.54% -17.48% 101.46% 17.29% 20.43% 4.54% -14.73%
Basic Earnings Per Share
Diluted Earnings Per Share $0.93 $0.07 -$190.9K $754.8K $263.1K $161.0K $27.68K -$71.69K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $93.86M $118.7M $181.0M $134.7M $183.0M $178.9M $33.00M $32.40M
YoY Change -20.9% -34.44% 34.34% -26.37% 2.29% 442.12% 1.85%
Cash & Equivalents $93.86M $52.41M $102.9M $133.9M $139.3M $177.6M $33.00M $32.40M
Short-Term Investments $0.00 $66.25M $78.14M $856.0K $43.70M $1.300M
Other Short-Term Assets $4.659M $90.03M $297.6M $9.340M $26.00M $14.60M $2.400M $3.800M
YoY Change -94.83% -69.74% 3086.01% -64.08% 78.08% 508.33% -36.84%
Inventory $0.00 $7.800M
Prepaid Expenses
Receivables $69.38M $57.92M $43.86M $28.81M $49.40M $37.50M $31.10M $28.20M
Other Receivables $40.56M $73.59M $18.54M $10.82M $152.2M $7.100M $7.800M $14.60M
Total Short-Term Assets $208.5M $340.2M $541.0M $183.7M $418.3M $238.1M $74.30M $79.00M
YoY Change -38.73% -37.11% 194.48% -56.08% 75.68% 220.46% -5.95%
Property, Plant & Equipment $16.07M $14.62M $12.26M $18.17M $26.10M $12.20M $13.50M $11.80M
YoY Change 9.92% 19.24% -32.5% -30.39% 113.93% -9.63% 14.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $272.5M $2.643M $2.884M $366.4M $77.70M $37.10M $7.400M $2.900M
YoY Change 10208.59% -8.36% -99.21% 371.6% 109.43% 401.35% 155.17%
Other Assets $1.133M $1.474M $2.322M $4.383M $6.200M $900.0K $1.000M $700.0K
YoY Change -23.13% -36.52% -47.02% -29.31% 588.89% -10.0% 42.86%
Total Long-Term Assets $818.6M $624.5M $551.5M $925.9M $642.3M $587.2M $562.0M $561.5M
YoY Change 31.08% 13.24% -40.44% 44.15% 9.38% 4.48% 0.09%
Total Assets $1.027B $964.7M $1.092B $1.110B $1.061B $825.3M $636.3M $640.5M
YoY Change
Accounts Payable $52.25M $46.94M $34.01M $22.45M $48.70M $14.90M $16.50M $24.40M
YoY Change 11.31% 38.01% 51.5% -53.9% 226.85% -9.7% -32.38%
Accrued Expenses $15.31M $11.98M $12.78M $12.78M $10.50M $6.900M $6.200M $6.200M
YoY Change 27.75% -6.22% -0.07% 21.75% 52.17% 11.29% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.770M $3.112M $11.43M $5.389M $47.80M $2.500M $2.100M $10.30M
YoY Change 21.14% -72.77% 112.04% -88.73% 1812.0% 19.05% -79.61%
Total Short-Term Liabilities $81.41M $64.33M $70.79M $45.32M $128.6M $34.00M $36.90M $53.30M
YoY Change 26.55% -9.12% 56.19% -64.76% 278.24% -7.86% -30.77%
Long-Term Debt $6.776M $4.723M $2.081M $3.584M $9.200M $2.300M $4.000M $1.700M
YoY Change 43.47% 126.96% -41.94% -61.04% 300.0% -42.5% 135.29%
Other Long-Term Liabilities $93.00K $68.00K $22.00K $68.00K $100.0K $200.0K $100.0K $1.700M
YoY Change 36.76% 209.09% -67.65% -32.0% -50.0% 100.0% -94.12%
Total Long-Term Liabilities $6.869M $4.791M $2.103M $3.652M $9.300M $2.500M $4.100M $3.400M
YoY Change 43.37% 127.82% -42.42% -60.73% 272.0% -39.02% 20.59%
Total Liabilities $91.09M $76.47M $79.42M $60.72M $148.4M $49.80M $52.80M $72.30M
YoY Change 19.12% -3.71% 30.81% -59.09% 197.99% -5.68% -26.97%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.6882 Billion

About Opera Ltd

Opera Ltd. engages in the provision of web browsers through its subsidiaries. The company is headquartered in Oslo, Oslo and currently employs 592 full-time employees. The company went IPO on 2018-07-27. The firm operates as provider of browser and integrated artificial intelligence (AI)-driven digital content discovery and recommendation platforms. The Company’s operations are comprised of search, advertising, technology licensing and other. The search revenue is generated when a user conducts a qualified search using an Opera search partner. The advertising revenue is comprised of industry-standard advertising units, predefined partner bookmarks, or speed dials, and subscriptions of various promoted services. Technology licensing and other revenues include revenues from device manufacturers and mobile communications operators. Licensing agreements include licensing of technology, related professional services, maintenance and support, as well as hosting services.

Industry: Services-Prepackaged Software Peers: