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. In the quarter to June 2026, revenue grew 24.6%, EPS grew 72.2%, free cash flow fell 35.1% and total debt fell 38.4%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five, operating cash flow growth for three.

17.89 0.28 −1.54%
Market cap
$1.6B
P/E
10.6×
Fwd P/E
15.6×
Dividend yield
4.47%
F-score
7/9
Altman Z
7.53
Beneish M
−2.28
Dividend safety
62/100

Opera Limited Sponsored ADR (OPRA) Piotroski F-score

Alert me on Piotroski F-score

Opera Limited Sponsored ADR's Piotroski F-score for fiscal 2025 is 7 out of 9: 7 of nine tests of profitability, leverage and efficiency passed, up from 6 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 7 1.00
FY2024 6 1.00
FY2023 5 (1.00)
FY2022 6 0.00
FY2021 6 1.00
FY2020 5 2.00
FY2019 3 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 9.85% 7.82% Pass 1
Positive operating cash flow 117.73m 104.98m Pass 1
Rising return on assets 9.85% 7.82% Pass 1
Cash flow above net income 9.45m 24.21m Pass 1
Falling long-term leverage 0.00 0.01 Pass 1
Rising current ratio 2.35 2.29 Pass 1
No new shares issued 89,555,000 88,463,000 Fail 0
Rising gross margin 66.62% 75.43% Fail 0
Rising asset turnover 0.56 0.47 Pass 1
Piotroski F-score Strong — most fundamentals improved 7

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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