Earnings Summary

Opera Ltd’s revenue jumped 31.63% since last year same period to $114.58Mn in the Q1 2024. On a quarterly growth basis, Opera Ltd has generated 0% jump in its revenue since last 3-months.

Opera Ltd’s net profit jumped 709.44% since last year same period to $125.29Mn in the Q1 2024. On a quarterly growth basis, Opera Ltd has generated 0% jump in its net profits since last 3-months.

Opera Ltd’s net profit margin jumped 514.94% since last year same period to 109.34% in the Q1 2024. On a quarterly growth basis, Opera Ltd has generated 0% jump in its net profit margins since last 3-months.

Opera Ltd’s price-to-earnings ratio after this Q1 2024 earnings stands at 7.91.

Opera Ltd’s earning per share (EPS) estimates for the current quarter stand at 0.24 - a 0% jump from last quarter’s estimates.

Opera Ltd’s earning per share (EPS) estimates for the current year stand at 0.24.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Opera Ltd’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Opera Ltd’s return on equity (ROE) stands at 0.19.

Opera Ltd declared 0.4 dividend per share during the earnings announcement for Q1 2024.