Opera Ltd ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Opera Ltd ADR reported revenue of $614.8M (+27.9% year on year) and net income of $108.3M (+34.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue | $614.8M | $480.6M | $396.8M | $331.0M |
| Other operating income | ($378.0K) | $2.4M | $666.0K | $469.0K |
| Technology and platform fees | ($9.3M) | ($10.0M) | ($3.1M) | ($4.1M) |
| Content cost | ($6.1M) | ($3.9M) | ($4.3M) | ($3.8M) |
| Cost of inventory sold | ($205.1M) | ($118.7M) | ($85.8M) | ($46.6M) |
| Personnel expenses excluding share-based compensation | ($79.0M) | — | — | — |
| Share-based compensation expenses | ($31.3M) | — | — | — |
| Marketing and distribution expenses | ($142.2M) | ($132.0M) | ($109.9M) | ($115.0M) |
| Credit loss expense | $713.0K | $784.0K | — | ($1.4M) |
| Depreciation and amortization | ($18.9M) | ($15.6M) | ($13.2M) | ($13.9M) |
| Impairment of non-financial assets | ($1.9M) | ($113.0K) | ($681.0K) | ($3.2M) |
| Other operating expenses | ($31.3M) | ($31.7M) | ($30.8M) | ($27.0M) |
| Total operating expenses | ($524.4M) | ($390.8M) | ($334.6M) | ($289.7M) |
| Operating profit | $90.1M | $92.3M | $62.9M | $41.8M |
| Share of net income (loss) of equity-accounted investees | $268.0K | ($2.0K) | $0 | ($6.0K) |
| Fair value gain on long term investments | $36.3M | $5.0M | — | — |
| Finance income | $3.3M | $3.6M | $8.9M | $21.5M |
| Finance expense | ($610.0K) | ($586.0K) | ($644.0K) | ($39.7M) |
| Foreign exchange gain (loss) | ($4.1M) | ($1.8M) | ($963.0K) | ($1.2M) |
| Net finance income (expense) | ($1.4M) | $1.2M | $7.3M | ($19.4M) |
| Income before income taxes | $125.2M | $98.4M | $160.0M | $23.9M |
| Income tax expense | ($16.9M) | ($17.6M) | ($6.7M) | ($8.8M) |
| Net income attributable to Opera shareholders | $108.3M | $80.8M | $153.3M | $15.0M |
| Basic | $1.21 | $0.91 | $2.58 | $0.21 |
| Diluted | $1.19 | $0.90 | $2.53 | $0.21 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Property and equipment | $32.7M | $34.1M | $16.1M | $14.6M |
| Goodwill | $430.3M | $429.7M | $429.9M | $429.4M |
| Intangible assets | $98.9M | $97.5M | $99.1M | $100.0M |
| Investment in OPay | $294.6M | $258.3M | $253.3M | — |
| Equity-accounted investments | $4.0M | $1.2M | — | — |
| Other non-current investments and financial assets | $1.6M | $1.8M | $3.0M | $2.6M |
| Deferred tax assets | $1.6M | $1.1M | $1.1M | $1.5M |
| Total non-current assets | $863.8M | $823.7M | $802.5M | $624.5M |
| Trade receivables | $112.6M | $92.8M | $69.4M | $57.9M |
| Other current receivables | $7.0M | $4.6M | $7.8M | $17.2M |
| Cash and cash equivalents | $155.5M | $126.8M | $93.9M | $52.4M |
| Other current assets | $4.4M | $7.7M | — | — |
| Total current assets | $279.5M | $231.9M | $208.5M | $340.2M |
| Total assets | $1.1B | $1.1B | $1.0B | $964.7M |
| Share capital | $18.0K | $18.0K | $18.0K | $18.0K |
| Additional paid-in capital | $576.0M | $647.2M | — | — |
| Treasury shares | -238.8M | -238.8M | -238.8M | -206.5M |
| Retained earnings | $674.7M | $536.6M | $445.2M | $273.3M |
| Foreign currency translation reserve | ($1.3M) | ($4.9M) | ($4.1M) | ($3.4M) |
| Total equity attributable to Opera shareholders | $1.0B | $940.1M | $919.9M | $888.2M |
| Non-current lease liabilities | $4.5M | $5.6M | — | — |
| Deferred tax liabilities | $9.2M | $8.7M | $2.8M | $7.4M |
| Other non-current liabilities | $10.0K | $71.0K | $94.0K | $68.0K |
| Total non-current liabilities | $13.8M | $14.4M | $9.7M | $12.1M |
| Trade and other payables | $89.5M | $75.3M | $52.2M | $46.9M |
| Current lease liabilities | $3.9M | $4.0M | — | — |
| Income tax payable | $6.6M | $3.2M | $1.8M | $1.1M |
| Deferred revenue | $4.5M | $5.4M | $10.3M | $995.0K |
| Other current liabilities | $14.3M | $13.2M | $13.3M | $12.2M |
| Total current liabilities | $118.8M | $101.1M | $81.4M | $64.3M |
| Total liabilities | $132.5M | $115.5M | $91.1M | $76.5M |
| Total equity and liabilities | $1.1B | $1.1B | $1.0B | $964.7M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Income before income taxes | $125.2M | $98.4M | — | — |
| Net finance (income) expense | $1.4M | ($1.2M) | ($7.3M) | — |
| Fair value gain on long-term investments | ($36.3M) | ($5.0M) | ($89.8M) | — |
| Share of net (income) loss of equity-accounted investees | ($268.0K) | $2.0K | $0 | — |
| Impairment of non-financial assets | $1.9M | $113.0K | $681.0K | — |
| Depreciation and amortization | $18.9M | $15.6M | $13.2M | — |
| Cost of equity awards | $30.1M | — | — | — |
| Other adjustments | ($516.0K) | ($66.0K) | ($255.0K) | — |
| Trade and other receivables | ($22.7M) | ($20.2M) | ($18.0M) | — |
| Other current assets | ($786.0K) | ($1.8M) | — | — |
| Trade and other payables | $13.6M | $23.0M | $5.3M | — |
| Deferred revenue | ($943.0K) | ($4.8M) | $9.3M | — |
| Other liabilities | $991.0K | ($86.0K) | $1.2M | — |
| Income taxes paid | ($12.9M) | ($7.6M) | ($5.9M) | — |
| Net cash flow from operating activities | $117.7M | $105.0M | $82.8M | — |
| Purchase of equipment | ($5.5M) | ($23.3M) | ($1.9M) | — |
| Purchase of intangible assets | $0 | $0 | ($250.0K) | — |
| Development expenditure | ($9.7M) | ($7.3M) | ($4.3M) | — |
| Investment in an associate | ($2.5M) | ($1.3M) | $0 | — |
| Sale of long-term investments | $0 | $1.3M | — | — |
| Net sale of short-term investments | $0 | $0 | — | — |
| Interest received | $3.3M | $3.4M | $3.0M | — |
| Net cash flow from (used in) investing activities | ($14.5M) | ($27.1M) | $20.0M | — |
| Share repurchases | 0 | 0 | -32.7M | -17.3M |
| Dividends paid | ($71.2M) | ($37.4M) | ($23.1M) | — |
| Proceeds from exercise of share options | $0 | $0 | $394.0K | — |
| Repayment of borrowings | $0 | $0 | ($161.0K) | — |
| Payment of lease liabilities | ($4.8M) | ($4.2M) | ($3.9M) | — |
| Interest paid | ($610.0K) | ($530.0K) | ($369.0K) | — |
| Net cash flow used in financing activities | ($76.6M) | ($42.1M) | ($59.8M) | — |
| Net change in cash and cash equivalents | $26.7M | $35.7M | $42.9M | — |
| Cash and cash equivalents at beginning of period | $126.8M | $93.9M | $52.4M | — |
| Effect of exchange rate changes on cash and cash equivalents | $1.9M | ($2.8M) | ($1.5M) | — |
| Cash and cash equivalents at end of period | $155.5M | $126.8M | $93.9M | $52.4M |
Opera Ltd ADR score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.