Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
OPRA
Strong BuyFLAGOpera Limited · Communication Services · Norway · $1.7B · Avg Vol: $7M/d
Opera runs browsers and related advertising and gaming products with strong momentum (M81) and pays a dividend, but a large share of revenue comes from search and advertising arrangements concentrated with a small number of partners, and the company has previously been the subject of short-seller allegations about its lending practices in emerging markets. The value score is expensive (V47). Nothing is currently confirmed against it, so this is a flag.
COMPANY DESCRIPTION
Opera Limited develops web browsers for desktop and mobile devices, and provides news and content aggregation services, often integrating AI for personalized experiences. Its competitive moat includes a niche market position and innovative features like built-in VPN and ad blockers that attract a loyal user base, while a strong focus on emerging markets fuels user growth. Opera is a technology company distinguished by its pioneering efforts in browser technology and its strategic expansion into content platforms and fintech services for underserved internet users.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 331.0M | 396.8M | 480.6M | 614.8M | 22.9% | 683.0M | 740.0M | 853.0M | 17.8% |
| EPS | 0.14 | 1.90 | 0.91 | 1.21 | 105.2% | 1.38 | 1.57 | 1.93 | 26.4% |
| Shares | 89.2M | 87.5M | 88.5M | 89.6M | +0.5% | 88.9M | — | — | — |
| Debt | 7.8M | 10.5M | 9.6M | 8.4M | 2.4% | 8.0M | — | — | — |
| Equity | 888.2M | 919.9M | 940.1M | 1.0B | 4.4% | — | — | — | — |
| Op CF | 56.7M | 82.8M | 105.0M | 117.7M | 27.6% | 133.0M | — | — | — |
| Inv CF | 44.5M | 20.0M | -27.1M | -14.5M | — | — | — | — | — |
| Fin CF | -150.6M | -59.8M | -42.1M | -76.6M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of OPRA are excluded.
Peer medians: ROE 3.3% · P/E 36.0x · Gross margin 38.0%