Friday 6 November 2026
Export OPRA’s income statement to Excel — free account
Opera Limited Sponsored ADR
OPRA Communication Services Internet Content & Information
Opera Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $614.4 million, up 27.2% from fiscal 2024.
- Revenue
- +24.6%
- EPS
- +72.2%
- Free cash flow
- −35.1%
- Total debt
- −38.4%
Quarter to June 2026, against a year earlier
14.64
0.82
−5.30%
Follow OPRA
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | 134 | 172 | 177 | 177 | 251 | 332 | 397 | 483 | 614 | 683 | +20.9% | 987 | 1,137 | 1,298 | +28.3% | |
| Gross margin, % | — | 99.03 | 88.39 | 99.88 | 99.60 | 97.81 | 85.93 | 78.41 | 75.43 | 66.62 | 65.64 | (32.4) pt | ||||||
| EBT | — | 8 | 42 | 43 | 38 | (43) | 24 | 160 | 98 | 125 | 150 | +42.2% | ||||||
| EBT margin, % | — | 5.59 | 24.17 | 24.51 | 21.24 | (17.14) | 7.20 | 40.25 | 20.37 | 20.38 | 22.01 | +14.8 pt | ||||||
| Net income | — | 8 | 42 | 64 | 38 | (44) | 24 | 160 | 98 | 125 | 150 | +42.2% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | 1.41 | 1.70 | 1.58 | 1.51 | 2.18 | 3.03 | 4.45 | 5.46 | 6.86 | 7.65 | +21.8% | |||||
| Earnings | — | 0.06 | 0.35 | 0.52 | 1.53 | (0.38) | 0.14 | 1.72 | 0.91 | 1.21 | 1.69 | +44.5% | ||||||
| Cash flow | — | 0.12 | 0.33 | (0.40) | 0.80 | 0.23 | 0.52 | 0.93 | 1.19 | 1.31 | 1.49 | +34.5% | ||||||
| Capex | — | 0.02 | (0.03) | (0.08) | (0.04) | (0.01) | (0.03) | (0.02) | (0.26) | (0.06) | (0.09) | n/m | ||||||
| Free cash flow | — | 0.15 | 0.31 | (0.47) | 0.76 | 0.22 | 0.49 | 0.90 | 0.92 | 1.25 | 1.40 | +30.9% | ||||||
| Book value | — | 6.13 | 7.65 | 8.12 | 8.94 | 8.80 | 8.11 | 10.31 | 10.63 | 11.29 | 11.36 | +7.9% | ||||||
| Shares, m | — | 95 | 101 | 112 | 117 | 115 | 109 | 89 | 88 | 90 | 78 | (0.8%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | 64.90 | 16.37 | 17.79 | 23.77 | 0.00 | 35.29 | 7.32 | 20.81 | 9.98 | 8.67 | 21.8 | |||||
| P/S | — | 8.67 | 3.27 | 5.87 | 6.06 | 3.23 | 1.98 | 2.80 | 3.47 | 2.06 | 1.91 | 4.2 | ||||||
| P/B | — | 2.08 | 0.73 | 1.14 | 1.02 | 0.80 | 0.74 | 1.21 | 1.78 | 1.25 | 1.29 | 1.2 | ||||||
| EV/Sales | — | 8.39 | 2.24 | 4.89 | 5.32 | 2.52 | 1.64 | 2.58 | 3.22 | 1.82 | 1.71 | 3.6 | ||||||
| EV/FCF | — | 45.44 | 12.32 | (16.25) | 10.35 | 32.59 | 11.45 | 13.71 | 20.54 | 10.52 | 9.78 | 15.6 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | 12 | 34 | (44) | 93 | 27 | 57 | 83 | 105 | 118 | 133 | +33.5% | |||||
| Capex | — | 2 | (3) | (9) | (5) | (1) | (3) | (2) | (23) | (6) | (8) | n/m | ||||||
| Free cash flow | — | 14 | 31 | (53) | 89 | 26 | 53 | 81 | 82 | 112 | 125 | +29.9% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | 37 | 204 | 290 | 138 | 470 | 276 | 127 | 131 | 161 | 144 | +20.0% | |||||
| Net debt | — | (29) | (177) | (172) | (131) | (179) | (114) | (87) | (121) | (151) | (142) | +22.8% | ||||||
| Shareholders’ equity | — | 584 | 775 | 912 | 1,049 | 1,013 | 888 | 920 | 940 | 1,011 | 1,013 | +7.1% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | 0.83 | 4.81 | 6.14 | 16.51 | (3.99) | 1.46 | 15.52 | 7.82 | 9.85 | 11.35 | +9.0 pt | |||||
| ROIC | — | 1.15 | 4.73 | (0.05) | (0.17) | (0.47) | 3.37 | 4.72 | 7.04 | 6.55 | 7.64 | +5.4 pt | ||||||
| ROE | — | 0.89 | 5.17 | 6.86 | 18.27 | (4.26) | 1.58 | 16.96 | 8.69 | 11.10 | 12.86 | +10.2 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | 464 | 819 | 577 | 630 | 606 | 592 | 599 | 605 | — | +3.9% | |||||
| Revenue/emp, $m | — | 0.00 | 0.37 | 0.22 | 0.31 | 0.40 | 0.55 | 0.67 | 0.81 | 1.02 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Opera Limited Sponsored ADR vs peers in Internet Content & Information (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GENI Genius Sports Limited | $1.6B | — (loss-making) | — (loss-making) | +64.68% (above 0%: growing) | n/m | −451.90% (below 0%: shrinking) | 32.63% | (28.42%) | Compare |
| OPRA Opera Limited Sponsored ADR | $1.3B | 8.7× | 13.1× | +24.57% (above 0%: growing) | +72.22% (above 0%: growing) | −35.11% (below 0%: shrinking) | 64.54% | 14.55% | |
| UPWK Upwork Inc. | $1.3B | 12.4× | 11.1× | −8.00% (below 0%: shrinking) | +15.59% (above 0%: growing) | −22.44% (below 0%: shrinking) | 76.13% | 18.64% | Compare |
| WBTN WEBTOON Entertainment Inc. | $1.3B | — (loss-making) | — (loss-making) | −2.82% (below 0%: shrinking) | n/m | −532.72% (below 0%: shrinking) | 26.04% | (4.60%) | Compare |
| DJT Trump Media & Technology Group Corp. | $1.1B | — (loss-making) | — | +89.03% (above 0%: growing) | n/m | −1,903.38% (below 0%: shrinking) | 70.06% | (9,792.42%) | Compare |
| YELP Yelp Inc. | $1.1B | 9.8× | 10.8× | +1.38% (above 0%: growing) | −17.39% (below 0%: shrinking) | +35.69% (above 0%: growing) | 88.88% | 11.65% | Compare |
| EVER EverQuote, Inc. | $1.1B | 9.5× | 11.7× | +25.37% (above 0%: growing) | −1.33% (below 0%: shrinking) | +109.31% (above 0%: growing) | 97.88% | 10.98% | Compare |
| WB Weibo Corporation | $1.0B | 4.8× | 7.3× | +2.03% (above 0%: growing) | −47.17% (below 0%: shrinking) | +231.81% (above 0%: growing) | 71.40% | 26.19% | Compare |
| NXDR Nextdoor Holdings, Inc. | $820.1M | — (loss-making) | — (loss-making) | +14.33% (above 0%: growing) | n/m | +373.18% (above 0%: growing) | 83.26% | (5.33%) | Compare |
| Median of peers | $1.1B | 9.6× | 11.0× | +8.18% | −9.36% | +6.63% | 73.76% | 3.19% |