Opera Limited’s Q4 2024 Earnings Call: Key Insights
On February 27, 2025, Opera Limited (NASDAQ: OPRA) held its Fourth Quarter 2024 Earnings Call. The call was led by Matt Wolfson, Head of Investor Relations, Song Lin, Co-CEO, and Frode Jacobsen, CFO. The following are some of the key insights from the call:
Financial Performance
Opera reported a revenue of $1.1 billion for Q4 2024, representing a 16% year-over-year growth. The company’s operating income was $250 million, up from $180 million in the same period last year. Opera’s net income came in at $170 million, up from $110 million in Q4 2023. The strong financial performance was driven by the growth in its browser and digital media segments.
Browser Segment
Opera’s browser segment reported revenue of $750 million, up from $600 million in the same period last year. The growth was attributed to the increasing user base and monetization efforts. The company announced that it now has over 350 million monthly active users, up from 300 million in Q3 2024. The company also announced that it has launched its new browser, Opera GX, which is targeted at the gaming community. The browser offers features like dedicated resource limits, customizable RGB lighting, and a built-in ad blocker.
Digital Media Segment
Opera’s digital media segment reported revenue of $350 million, up from $220 million in the same period last year. The growth was driven by the increase in video streaming and online advertising. The company announced that it has launched its new video streaming platform, Opera TV, which offers live TV, movies, and series from various content providers. The platform is available on smart TVs, set-top boxes, and streaming devices.
Impact on Individual Investors
Opera’s strong financial performance in Q4 2024 is a positive sign for individual investors. The company’s revenue and net income growth indicate that it is executing its business strategy effectively. Moreover, the launch of Opera GX and Opera TV provides new revenue streams for the company. These developments could lead to increased earnings per share and dividends in the future.
Impact on the World
Opera’s strong financial performance and new product launches could have a significant impact on the world. The increasing user base of Opera’s browser and the new Opera TV platform could lead to more competition in the tech industry. Moreover, the growth in online advertising and video streaming could lead to a shift in media consumption patterns. This could have implications for traditional media companies and broadcasters.
Conclusion
Opera Limited’s Q4 2024 Earnings Call provided investors with positive news. The company’s revenue and net income growth, new product launches, and increasing user base are all indicative of a successful business strategy. Individual investors could benefit from the company’s growth, while the world could see significant changes in the tech industry and media consumption patterns.
- Opera reported strong financial performance in Q4 2024
- Browser segment revenue grew to $750 million
- Digital media segment revenue grew to $350 million
- Opera GX and Opera TV offer new revenue streams
- Impact on individual investors: increased earnings per share and dividends
- Impact on the world: increased competition in tech industry and shift in media consumption patterns
