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Opera Ltd is a world-wide internet brand with a large, engaged and growing base. It offers users products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.
2018
599
LTM Revenue $505M
LTM EBITDA $121M
$1.2B
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Opera has a last 12-month revenue of $505M and a last 12-month EBITDA of $121M.
In the most recent fiscal year, Opera achieved revenue of $481M and an EBITDA of $115M.
Opera expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Opera valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $397M | $481M | XXX | XXX | XXX |
| Gross Profit | $276M | $304M | XXX | XXX | XXX |
| Gross Margin | 70% | 63% | XXX | XXX | XXX |
| EBITDA | $174M | $115M | XXX | XXX | XXX |
| EBITDA Margin | 44% | 24% | XXX | XXX | XXX |
| Net Profit | $15.0M | $153M | XXX | XXX | XXX |
| Net Margin | 4% | 32% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Opera's stock price is $15.
Opera has current market cap of $1.3B, and EV of $1.2B.
See Opera trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.2B | $1.3B | XXX | XXX | XXX | XXX | $0.94 |
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Sign UpAs of April 15, 2025, Opera has market cap of $1.3B and EV of $1.2B.
Opera's trades at 2.4x LTM EV/Revenue multiple, and 10.2x LTM EBITDA.
Analysts estimate Opera's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Opera and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $1.2B | XXX | XXX | XXX |
| EV/Revenue | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | 10.7x | XXX | XXX | XXX |
| P/E | 16.6x | XXX | XXX | XXX |
| P/E/Growth | 0.8x | XXX | XXX | XXX |
| EV/FCF | 16.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpOpera's NTM/LTM revenue growth is 17%
Opera's revenue per employee for the last fiscal year averaged $0.8M, while opex per employee averaged $0.4M for the same period.
Over next 12 months, Opera's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Opera's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Opera and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 21% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -34% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 41% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.8M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.4M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 27% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 19% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 53% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Zedge | XXX | XXX | XXX | XXX | XXX | XXX |
| OnMobile | XXX | XXX | XXX | XXX | XXX | XXX |
| Traders Club | XXX | XXX | XXX | XXX | XXX | XXX |
| Cheetah Mobile | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Opera acquired XXX companies to date.
Last acquisition by Opera was XXXXXXXX, XXXXX XXXXX XXXXXX . Opera acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Opera founded? | Opera was founded in 2018. |
| Where is Opera headquartered? | Opera is headquartered in United States of America. |
| How many employees does Opera have? | As of today, Opera has 599 employees. |
| Who is the CEO of Opera? | Opera's CEO is Mr. James Yahui Zhou. |
| Is Opera publicy listed? | Yes, Opera is a public company listed on NAS. |
| What is the stock symbol of Opera? | Opera trades under OPRA ticker. |
| When did Opera go public? | Opera went public in 2018. |
| Who are competitors of Opera? | Similar companies to Opera include e.g. , Zedge, OnMobile, Traders Club. |
| What is the current market cap of Opera? | Opera's current market cap is $1.3B |
| What is the current revenue of Opera? | Opera's last 12-month revenue is $505M. |
| What is the current EBITDA of Opera? | Opera's last 12-month EBITDA is $121M. |
| What is the current EV/Revenue multiple of Opera? | Current revenue multiple of Opera is 2.4x. |
| What is the current EV/EBITDA multiple of Opera? | Current EBITDA multiple of Opera is 10.2x. |
| What is the current revenue growth of Opera? | Opera revenue growth between 2023 and 2024 was 21%. |
| Is Opera profitable? | Yes, Opera is EBITDA-positive (as of the last 12 months). |
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