In This Article:
Opera (NASDAQ:OPRA) Full Year 2024 Results
Key Financial Results
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Revenue: US$480.6m (up 21% from FY 2023).
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Net income: US$80.8m (down 47% from FY 2023).
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Profit margin: 17% (down from 39% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: US$0.91 (down from US$1.72 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Opera Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 12%.
In the last 12 months, the only revenue segment was Browser and News contributing US$480.6m. The largest operating expense was Sales & Marketing costs, amounting to US$132.0m (70% of total expenses). Explore how OPRA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 7.2% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Opera that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.