Opera Ltd (OPRA)

Opera Declares Upcoming Cash Dividend of $0.40 per Share Under Its Recurring Dividend ProgramJune 10, 2026 7:00 AM
PR Newswire (US) OSLO, Norway, June 10, 2026 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), a leading global browser and AI agent company, today announced that its Board of Directors has declared its next semi-annual cash dividend of $0.40 per share to holders of the company's ordinary shares and American Depositary Shares ("ADSs"), each representing one ordinary share, payable on or about July 14, 2026, to shareholders of record as of the close of business on July 7, 2026. Based on 89,552,967 ordinary shares outstanding as of March 31, 2026, the aggregate dividend would be approximately $35.8 million. The actual aggregate amount payable will be determined based on the number of shares outstanding on the record date and will reflect shares repurchased by Opera under its ongoing share repurchase program prior to that date. Dividends to be paid to the holders of ADSs through the depositary bank, The Bank of New York Mellon, will be subject to the terms of the deposit agreement. About OperaOpera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across devices. Hundreds of millions worldwide use Opera's mobile and desktop browsers for their speed, security, and unique features, enhanced with integrated AI that enables users to navigate and interact with the web in new transformative ways. Founded in 1995 and headquartered in Oslo, Norway, Opera is listed on the Nasdaq stock exchange under the ticker symbol "OPRA". Download Opera products from opera.com and learn more about Opera at investor.opera.com.  View original content:https://www.prnewswire.com/news-releases/opera-declares-upcoming-cash-dividend-of-0-40-per-share-under-its-recurring-dividend-program-302796543.htmlSOURCE Opera Limited Original: Opera Declares Upcoming Cash Dividend of $0.40 per Share Under Its Recurring Dividend Program

Opera Reports First Quarter 2026 Results With Both Revenue and Adjusted EBITDA Exceeding High End of Guidance RangesApril 28, 2026 7:00 AM
PR Newswire (US)

Revenue increased 23% year-over-year to $175.8 million, exceeding the guidance rangeAdjusted EBITDA was $42.0 million, representing a 24% margin and 30% year-over-year growth, also exceeding the guidance rangeSecond quarter 2026 revenue guidance of 23 - 25% growth with adjusted EBITDA margin of 23% at the midpointRaised full-year guidance to $727 - 740 million revenue (18 - 20% growth) with adjusted EBITDA of $170 - 174 million (23% margin)OSLO, Norway, April 28, 2026 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), a leading global browser and AI agent company, today announced financial results for the quarter ended March 31, 2026.







"We are off to a very strong start in 2026, with first quarter revenue and adjusted EBITDA ahead of the high-end of our guidance and continued strong cash generation. Our performance reflects solid execution across both advertising and query revenues which saw similar rates of growth during the quarter," said Lin Song, CEO."Beyond our solid financial execution, we achieved major product and strategic milestones this quarter. We continue to redefine the browser's role in the AI era; and with the launch of Browser Connector we have turned the browser into a live execution layer, allowing the user's AI platform of choice to access and read page content, understand open tabs, and even take screenshots to analyze images or graphs. Beyond the technical upgrade, this also reinforces Opera's long-standing advocacy for user choice over lock-in. MiniPay also continued its rapid growth trajectory, promoting a healthy partner ecosystem and an expanding set of services tailored for emerging markets," continued Mr. Song.First Quarter 2026 Financial Highlights

Three Months Ended March 31,



In thousands, except percentages and per share amounts
2025

2026

% Change
Revenue
$142,717

$175,771


23%









Operating profit
$21,075

$29,762


41%Operating margin

15%

17%












Net income
$18,283

$24,786


36%Net income margin

13%

14%












Adjusted net income (1)
$24,154

$31,176


29%Adjusted net income margin

17%

18%












Adjusted EBITDA (1)
$32,259

$41,998


30%Adjusted EBITDA margin

23%

24%












Diluted earnings per share
$0.20

$0.27


34%Adjusted diluted earnings per share (1)
$0.27

$0.34


28%









Net cash flow from operating activities
$15,945

$42,145


164%As percentage of adjusted EBITDA

49%

100%












Free cash flow from operations (1)
$12,026

$35,506


195%As percentage of adjusted EBITDA

37%

85%











(1)See the sections below titled "Non-IFRS Financial Measures" and "Reconciliations of Non-IFRS Financial Measures" for explanations and reconciliations of non-IFRS financial measures.First Quarter 2026 and Recent Business HighlightsAdvertising revenue grew 24% year-over-year to $117.0 million, representing 67% of total revenue. Advertising revenue was driven by continued strong momentum from e-commerce partners, which remained the fastest-growing vertical.Query revenue grew 23% year-over-year to $58.3 million, accounting for 33% of total revenue and benefiting from both strong search performance and the evolution of our broader opportunities to address user queries.Opera had 288 million average monthly active users ("MAUs") across all products and services in the quarter, with annualized average revenue per user ("ARPU") of $2.43, an increase of 25% versus the first quarter of 2025. During the quarter Opera added 4 million MAUs, with strong growth in PC browsers following the release of Opera One R3 with new built-in AI tools. Opera GX had 35 million average MAUs in the quarter across PC and mobile, up 1 million from the prior quarter.MiniPay reached 15 million cumulative activated wallets as of March 2026, representing a 123% year-over-year increase.Net cash flow from operating activities was $42.1 million, representing 100% of adjusted EBITDA. At quarter-end, cash and cash equivalents totaled $141.9 million.A dividend of $0.40 per share under our semi-annual dividend program was paid in January, totaling $35.9 million.In March, we repurchased 1.14 million shares for a total spend of $17.0 million or an average of $14.88 per share, following the launch of our previously announced $300 million share repurchase program. This includes shares repurchased from the public and the according pro-rata shares repurchased, or agreed to be repurchased, from our majority shareholder, with a total cash outlay of $12.8 million in the quarter and the remainder $4.1 million to be included in our next settlement round with the majority shareholder. As of March 31, 2026, the number of shares outstanding was 89,552,967.First Quarter 2026 Financial ResultsAll comparisons in this section are relative to the first quarter of 2025 unless otherwise stated.Revenue increased 23% to $175.8 million.Advertising revenue increased 24% to $117.0 million.Query revenue increased 23% to $58.3 million.Other revenue was $0.5 million.Operating expenses increased 20% to $146.1 million.The total amount of technology and platform fees, content cost and cost of inventory sold, all being costs of revenue, was $64.8 million, or 37% of revenue.Personnel expenses excluding share-based compensation increased 23% to $21.5 million.Share-based compensation expenses increased 7% to $6.4 million.Marketing and distribution expenses increased 13% to $38.5 million.Depreciation and amortization increased 17% to $5.2 million.All other operating expenses increased 10% to $9.6 million, driven mainly by higher hosting and other operating costs, partly offset by lower professional services expenses.Operating profit was $29.8 million, representing a 17% margin, compared to an operating profit of $21.1 million and a margin of 15% in the first quarter of 2025.Net finance income was $0.1 million, reflecting net interest income of $0.7 million, largely offset by foreign exchange loss of $0.6 million.Income tax expense was $5.1 million, corresponding to an effective tax rate of 17%, and representing 12% of adjusted EBITDA. This compares to income tax expense of $2.5 million in the first quarter of 2025, representing 8% of adjusted EBITDA.Net income was $24.8 million, representing a 14% margin, compared to net income of $18.3 million and a margin of 13% in the first quarter of 2025.Adjusted net income was $31.2 million, representing a 18% margin and an increase of 29% relative to $24.2 million and a 17% margin in the first quarter of 2025.Adjusted EBITDA was $42.0 million, representing a 24% margin and an increase of 30% relative to $32.3 million and a 23% margin in the first quarter of 2025.Diluted earnings per share was $0.27, whereas adjusted diluted earnings per share was $0.34.Net cash flow from operating activities was $42.1 million, or 100% of adjusted EBITDA. Free cash flow from operations was $35.5 million, or 85% of adjusted EBITDA.Business Outlook

Second Quarter 2026 Guidance

Full-Year 2026 Guidance
Revenue
$176 – 178 million

$727 – 740 million
Year-over-year revenue growth
23 – 25 %
18 – 20%Adjusted EBITDA (1)
$40 – 42 million

$170 – 174 million
Adjusted EBITDA margin (2)
23%
23%








(1)See the section below titled "Non-IFRS Financial Measures" for explanations of non-IFRS financial measures.(2)The percentages shown for adjusted EBITDA margin have been calculated based on the midpoints of the revenue and adjusted EBITDA guidance."Our first quarter performance reflects the strong momentum in our business, with the resulting overperformance driving an incremental $4 million of revenue on top of the guidance range, with over 50% conversion to incremental adjusted EBITDA. The second quarter is shaping up in a similar way, allowing us to also raise our full-year expectations while still leaving room for later upside," said Frode Jacobsen, CFO."We remain focused on seizing our opportunities and advancing Opera's scale, however we take care to combine that with continued cost discipline and healthy profit expansion. We are pleased with our ability to return capital to shareholders through our recurring dividend and share repurchase programs," continued Mr. Jacobsen.Conference Call and Webcast InformationOpera's management will host a conference call to discuss the first quarter 2026 financial results at 8:00 a.m. ET today. The live webcast of the conference call can be accessed at our investor relations website at investor.opera.com, along with the earnings press release and financial tables. Following the call, a replay will be available at the same website.We also provide announcements on our investor relations website at investor.opera.com regarding our financial performance and other matters, including SEC filings, press releases, slide presentations, business blog posts and information on corporate governance.Non-IFRS Financial MeasuresIn addition to financial measures presented in accordance with IFRS Accounting Standards, we use the non-IFRS performance measures adjusted net income, adjusted EBITDA, adjusted diluted earnings per share, as well as the non-IFRS liquidity measure free cash flow from operations, to manage our business, evaluate performance, support planning and decision-making, and allocate resources. The non-IFRS performance measures are intended to provide supplemental information by excluding items that we believe are not representative of core business operating performance. While free cash flow from operations does not represent residual cash available for discretionary uses, we believe that it provides useful supplemental information regarding our ability to generate cash from ongoing operations to fund investments, including acquisitions, and to support capital allocation decisions.Adjusted net income is defined as net income adjusted to exclude (i) profit (loss) from discontinued operations, (ii) gain (loss) on investments in unconsolidated entities, (iii) non-recurring expenses, (iv) impairment of non-financial assets, (v) amortization of acquired intangible assets, (vi) share-based compensation expenses, and (vii) the income tax effect of these adjustments. Adjusted net income margin is calculated as adjusted net income divided by revenue. Adjusted diluted earnings per share is calculated as adjusted net income divided by the diluted weighted average number of shares outstanding.Adjusted EBITDA is defined as net income adjusted to exclude (i) profit (loss) from discontinued operations, (ii) income tax expense, (iii) net finance income (expense), (iv) gain (loss) on long-term investments in unconsolidated entities, (v) non-recurring expenses, (vi) impairment of non-financial assets, (vii) depreciation and amortization, (viii) share-based compensation expenses, and (ix) other operating income. Adjusted EBITDA margin is calculated as adjusted EBITDA divided by revenue.Free cash flow from operations is defined as net cash flows from (used in) operating activities less (i) purchases of fixed and intangible assets, (ii) development expenditure and (iii) payment of lease liabilities.We believe these non-IFRS financial measures are useful to investors because they facilitate period-to-period comparisons of operating performance and are consistent with how management evaluates the business. These measures should not be considered in isolation or as substitutes for, or superior to, the financial information prepared in accordance with IFRS Accounting Standards. Our definitions of adjusted net income, adjusted EBITDA, adjusted diluted earnings per share and free cash flow from operations may differ from similarly-titled measures used by other companies. In addition, these measures may be limited in their usefulness because they do not present the full economic effects of certain items of income, expenses and cash flows. We address the limitations of these non-IFRS financial measures by providing reconciliations from the most closely comparable IFRS financial measures in the section titled "Reconciliations of Non-IFRS Financial Measures" included at the end of this earnings press release. Investors are encouraged to review these reconciliations and to consider non-IFRS financial measures together with our IFRS results.Forward-Looking StatementsThis press release contains statements of a forward-looking nature. These statements include, but are not limited to, statements relating to our expectations regarding our business, strategy, products, services, outlook and guidance. Forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.Important factors that could cause actual results to differ materially include, among others: (i) our ability to attract, retain, and engage users and to increase ARPU; (ii) changes in macroeconomic conditions, including inflationary pressures, interest rates, consumer and advertiser spending trends, and the effects of higher energy prices and market volatility; (iii) our ability to maintain and improve monetization from query and revenue-sharing arrangements, including dependence on major partners and changes in their commercial terms, policies, algorithms, or distribution mechanics; (iv) changes by platform providers (including mobile operating systems, browsers, app stores, and device manufacturers) that could affect distribution, product functionality, data access, attribution, or monetization; (v) competition in browsers, AI-enabled user experiences, digital advertising, and consumer internet products; (vi) the successful development, deployment, adoption, and monetization of new products and features, including AI initiatives, and the costs and risks associated with them; (vii) privacy, data protection, consumer protection, competition/antitrust, online safety, and other laws and regulations (including changes in interpretation, enforcement, or compliance obligations) and related litigation or regulatory inquiries; (viii) security incidents, service disruptions, outages, and failures of our or third parties' systems; (ix) our ability to manage operational, technical, and infrastructure costs, including hosting and distribution costs, and to scale effectively; (x) foreign currency exchange rate fluctuations and other market volatility; (xi) geopolitical events, including armed conflicts, sanctions, trade or shipping disruptions, or other instability in the Middle East and other regions, and their effects on energy prices, inflation, financial markets, supply chains, and broader economic conditions; (xii) our ability to attract and retain key personnel; and (xiii) other risks and uncertainties described under "Risk Factors" in our most recent Annual Report on Form 20-F and in our other filings and submissions with the U.S. Securities and Exchange Commission.All information provided in this press release is as of the date hereof and is based on assumptions that the Company believes to be reasonable as of this date, and it undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.About OperaOpera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across devices. Hundreds of millions worldwide use Opera's mobile and desktop browsers for their speed, security, and unique features, enhanced with integrated AI that enables users to navigate and interact with the web in new transformative ways. Founded in 1995 and headquartered in Oslo, Norway, Opera is listed on the Nasdaq stock exchange under the ticker symbol "OPRA". Download Opera products from opera.com and learn more about Opera at investor.opera.com. Opera Limited
Consolidated Statement of Operations
(In thousands, except per share amounts, unaudited)


Three Months Ended March 31,


2025

2026
Revenue
$142,717

$175,771
Other operating income

(17)


45
Operating expenses:





Technology and platform fees

(2,237)


(2,423)
Content cost

(922)


(1,478)
Cost of inventory sold

(47,534)


(60,854)
Personnel expenses excluding share-based compensation

(17,568)


(21,546)
Share-based compensation expenses

(6,000)


(6,407)
Marketing and distribution expenses

(34,204)


(38,517)
Credit loss expense

(160)


(440)
Depreciation and amortization

(4,434)


(5,205)
Impairment of non-financial assets

(733)


(670)
Other operating expenses

(7,833)


(8,515)
Total operating expenses

(121,626)


(146,055)
Operating profit

21,075


29,762
Share of net income (loss) of equity-accounted investees

(7)


(20)
Net finance income (expense):





Finance income

678


824
Finance expense

(120)


(116)
Net foreign exchange gain (loss)

(835)


(565)
Net finance income (expense)

(277)


143
Income before income taxes

20,791


29,886
Income tax expense

(2,508)


(5,100)
Net income attributable to Opera shareholders
$18,283

$24,786







Earnings per share:





Basic
$0.20

$0.27
Diluted
$0.20

$0.27
Weighted-average number of shares outstanding:





Basic

89,486


90,475
Diluted

90,188


91,143
 Opera Limited
Consolidated Statement of Comprehensive Income
(In thousands, unaudited)




Three Months Ended March 31,


2025

2026
Net income
$18,283

$24,786
Other comprehensive income (loss):





Items that may be reclassified to the Statement of Operations:





Exchange differences on translation of foreign operations

1,153


141
Other comprehensive income (loss)

1,153


141
Total comprehensive income attributable to Opera shareholders
$19,436

$24,927
 Opera Limited
Consolidated Statement of Financial Position
(In thousands, unaudited)


As of December 31,

As of March 31,


2025

2026
Assets:





Property and equipment
$32,744

$33,480
Goodwill

430,323


430,188
Intangible assets

98,898


111,062
Investment in OPay

294,600


294,600
Equity-accounted investments

4,016


5,246
Other non-current investments and financial assets

1,625


1,662
Deferred tax assets

1,585


1,608
Total non-current assets

863,792


877,845
Trade receivables

112,593


107,946
Other current receivables

7,033


6,493
Cash and cash equivalents

155,466


141,904
Other current assets

4,367


6,760
Total current assets

279,459


263,102
Total assets
$1,143,251

$1,140,948







Equity:





Share capital
$18

$18
Additional paid-in capital

576,046


540,168
Treasury shares

(238,815)


(255,789)
Retained earnings

674,735


705,706
Foreign currency translation reserve

(1,268)


(1,127)
Total equity attributable to Opera shareholders

1,010,716


988,975
Liabilities:





Non-current lease liabilities

4,544


4,004
Deferred tax liabilities

9,212


7,750
Other non-current liabilities

10


7
Total non-current liabilities

13,766


11,761
Trade and other payables

89,520


89,788
Current lease liabilities

3,866


4,861
Income tax payable

6,610


10,214
Deferred revenue

4,499


14,230
Other current liabilities

14,273


21,119
Total current liabilities

118,768


140,212
Total liabilities

132,535


151,973
Total equity and liabilities
$1,143,251

$1,140,948
 Opera Limited
Consolidated Statement of Changes in Equity
(In thousands, except number of shares, unaudited)For the three months ended March 31, 2025:


Number
of shares
outstanding

Share
capital

Additional
paid-in
capital

Treasury
shares

Retained
earnings

Foreign
currency
translation
reserve

Total equity
attributable
to Opera
shareholders
As of January 1, 2025

88,480,154

$18

$647,212

$(238,815)

$536,623

$(4,938)

$940,100
Net income

—


—


—


—


18,283


—


18,283
Other comprehensive income

—


—


—


—


—


1,153


1,153
Cost of equity awards, net of tax

—


—


—


—


5,434


—


5,434
Issuance of shares upon exercise of equity awards

1,020,700


—


—


—


—


—


—
Dividends

—


—


(35,395)


—


—


—


(35,395)
As of March 31, 2025

89,500,854

$18

$611,818

$(238,815)

$560,340

$(3,786)

$929,576

For the three months ended March 31, 2026:


Number
of shares
outstanding

Share
capital

Additional
paid-in
capital

Treasury
shares

Retained
earnings

Foreign
currency
translation
reserve

Total equity
attributable
to Opera
shareholders
As of January 1, 2026

89,648,056

$18

$576,046

$(238,815)

$674,735

$(1,268)

$1,010,716
Net income

—


—


—


—


24,786


—


24,786
Other comprehensive income

—


—


—


—


—


141


141
Cost of equity awards, net of tax

—


—


—


—


6,185


—


6,185
Issuance of shares upon exercise of equity awards

1,045,522


—


—


—


—


—


—
Share repurchases (1)

(1,140,611)


—


—


(16,975)








(16,975)
Dividends

—


—


(35,878)


—


—


—


(35,878)
As of March 31, 2026

89,552,967

$18

$540,168

$(255,789)

$705,706

$(1,127)

$988,975
 






(1)Includes ADSs repurchased from the public market and ordinary shares repurchased or agreed to be repurchased from our majority shareholder on a pro rata basis under a share purchase agreement. Within the totals, 288,431 shares subject to a binding repurchase agreement with the majority shareholder have been reflected, corresponding to a redemption obligation of $4.1 million recognized in equity as of period-end, with delivery of the shares and cash settlement taking place in the subsequent quarter. Opera Limited
Consolidated Statement of Cash Flows
(In thousands, unaudited)


Three Months Ended March 31,


2025

2026
Cash flows from operating activities:





Income before income taxes
$20,791

$29,886
Adjustments to reconcile income before income taxes to net cash flow from operating activities:





Net finance (income) expense

277


(143)
Share of net income (loss) of equity-accounted investees

7


20
Impairment of non-financial assets

733


670
Depreciation and amortization

4,434


5,205
Cost of equity awards

5,761


6,034
Other adjustments

(572)


(1,204)
Changes in working capital:





Trade and other receivables

(11,034)


5,523
Other current assets

437


(2,285)
Trade and other payables

(6,693)


343
Deferred revenue

(1,050)


(1,902)
Other liabilities

3,140


2,713
Income taxes paid

(286)


(2,714)
Net cash flow from operating activities

15,945


42,145
Cash flows from investing activities:





Purchase of equipment

(596)


(2,465)
Development expenditure

(2,231)


(2,882)
Investment in an associate

(1,250)


(1,250)
Interest received

678


824
Net cash flow used in investing activities

(3,399)


(5,772)
Cash flows from financing activities:





Share repurchases

—


(12,846)
Dividends paid

(35,395)


(35,878)
Payment of lease liabilities

(1,091)


(1,293)
Interest paid

(120)


(116)
Net cash flow used in financing activities

(36,606)


(50,133)
Net change in cash and cash equivalents

(24,060)


(13,759)
Cash and cash equivalents at beginning of period

126,797


155,466
Effect of exchange rate changes on cash and cash equivalents

809


197
Cash and cash equivalents at end of period
$103,546

$141,904
 Opera Limited
Supplemental Financial Information
(In thousands, unaudited)
Revenue
The following table presents revenue disaggregated by type:





Three Months Ended March 31,


2025

2026
Advertising
$94,626

$116,992
Query

47,566


58,298
Other revenue

524


482
Total revenue
$142,717

$175,771
 Share-based Compensation Expenses
The table below presents the amounts of share-based compensation expenses:


Three Months Ended March 31,


2025

2026
Cost of Opera-granted awards
$(7,299)

$(4,427)
Cost of parent-granted awards (1)

1,538


(1,606)
Total cost of equity awards

(5,761)


(6,034)
Social security contributions for Opera-granted awards

(240)


(373)
Total share-based compensation expenses
$(6,000)

$(6,407)







(1)Kunlun, the majority shareholder of Opera, has granted equity awards to Opera employees as compensation for services provided to Opera. Opera does not have any obligation to settle the awards granted by Kunlun and such awards do not lead to dilution for Opera shareholders. Other Operating Expenses
The table below presents the items of other operating expenses:


Three Months Ended March 31,


2025

2026
Hosting
$(2,930)

$(4,360)
Audit, legal and other advisory services

(2,202)


(405)
Software license fees

(838)


(927)
Rent and other office expenses

(631)


(626)
Travel

(498)


(485)
Other

(733)


(1,712)
Total other operating expenses
$(7,833)

$(8,515)
 Opera Limited
Reconciliations of Non-IFRS Financial Measures
(In thousands, except per share amounts, unaudited)
The following table presents a reconciliation of net income to adjusted net income:


Three Months Ended March 31,


2025

2026
Net income
$18,283

$24,786
Add (deduct):





Share of net loss of equity-accounted investees

7


20
Impairment of non-financial assets

733


670
Amortization of acquired intangible assets

645


645
Share-based compensation expenses

6,000


6,407
Income tax effect on adjustments

(1,514)


(1,351)
Adjusted net income
$24,154

$31,176
Diluted weighted-average number of shares outstanding

90,188


91,143
Adjusted diluted earnings per share
$0.27

$0.34

The following table is a reconciliation of net income to adjusted EBITDA:


Three Months Ended March 31,


2025

2026
Net income
$18,283

$24,786
Add (deduct):





Income tax expense

2,508


5,100
Net finance (income) expense

277


(143)
Share of net loss of equity-accounted investees

7


20
Impairment of non-financial assets

733


670
Depreciation and amortization

4,434


5,205
Share-based compensation expenses

6,000


6,407
Other operating income

17


(45)
Adjusted EBITDA
$32,259

$41,998
 The table below reconciles net cash flow from operating activities to free cash flow from operations:


Three Months Ended March 31,


2025

2026
Net cash flow from operating activities
$15,945

$42,145
Deduct:





Purchase of equipment

(596)


(2,465)
Development expenditure

(2,231)


(2,882)
Payment of lease liabilities

(1,091)


(1,293)
Free cash flow from operations
$12,026

$35,506
 



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Original: Opera Reports First Quarter 2026 Results With Both Revenue and Adjusted EBITDA Exceeding High End of Guidance Ranges

Opera to Announce First Quarter 2026 Financial Results on April 28, 2026April 16, 2026 4:05 PM
PR Newswire (US)

OSLO, Norway, April 16, 2026 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), a leading global browser and AI agent company, today announced that the company's first quarter 2026 financial results will be released before the market opens on Tuesday, April 28, 2026. The earnings release will be available on our investor relations website at investor.opera.com.







Management will host a conference call to discuss the first quarter 2026 financial results on the same day at 8:00 a.m. ET. Listeners may access the call by dialing the following numbers:United States: +1 800-267-6316
Norway: +47 80-01-3780
International: +1 203-518-9783Confirmation Code: OPRAQ126A live webcast of the conference call can be accessed at investor.opera.comAbout OperaOpera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across devices. Hundreds of millions worldwide use Opera's mobile and desktop browsers for their speed, security, and unique features, enhanced with integrated AI that enables users to navigate and interact with the web in new transformative ways. Founded in 1995 and headquartered in Oslo, Norway, Opera is listed on the Nasdaq stock exchange under the ticker symbol "OPRA". Download Opera products from opera.com and learn more about Opera at investor.opera.com.



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Original: Opera to Announce First Quarter 2026 Financial Results on April 28, 2026

Opera introduces MCP Connector for Neon browser to enable AI integrationsMarch 31, 2026 11:08 AM
IH Market News
Opera (NASDAQ:OPRA) has unveiled a new MCP Connector for its Opera Neon browser, allowing external artificial intelligence tools to connect directly to the browser and perform actions within a user’s active browsing session.According to the Norwegian browser developer, the connector allows AI platforms such as Claude, ChatGPT, Lovable, n8n, and OpenClaw to access real-time web context and carry out tasks inside the browser environment rather than functioning independently.Through the Model Context Protocol (MCP) endpoint, connected AI systems can view browser information including open tabs, page content, and authenticated sessions. The integration also enables AI clients to perform tasks such as navigating websites, extracting information, taking screenshots, completing forms, opening new tabs, and conducting searches.“Last year, we launched Browser Operator as a first step toward an agentic browser. Now we are opening those capabilities to external AI clients through MCP, so they can act directly inside the browser, not outside it,” said Monika Kurczynska, Director of R&D for browser AI at Opera.Opera said the new feature is designed to eliminate workflow disruptions that occur when users must copy content between browser tabs or repeatedly provide context when switching between AI tools and web pages.To safeguard user sessions, the company implemented a secure MCP server URL authorization system that controls how AI clients access browser activity. A persistent proxy layer helps maintain connection stability and provides status updates if the browser becomes temporarily unavailable.The MCP Connector builds on Opera Neon’s existing capabilities for executing browser-based actions. The company highlighted potential use cases including software development testing, design prototyping, and workflow automation.The feature is currently available to Opera Neon subscribers, while Opera plans to roll out a simplified version of the connector in its main Opera One and Opera GX browsers in the future.Opera stock price

Original: Opera introduces MCP Connector for Neon browser to enable AI integrations

Opera Files Its 2025 Annual Report on Form 20-FMarch 27, 2026 8:08 AM
PR Newswire (US)

OSLO, Norway, March 27, 2026 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), a leading global browser and AI agent company, today announced that its annual report on Form 20-F for the fiscal year ended December 31, 2025, has been filed with the U.S. Securities and Exchange Commission (the "SEC").







The annual report can be accessed on Opera's investor relations website at investor.opera.com or the SEC's website at www.sec.gov. Opera will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon requests directed to investor-relations@opera.com or:Opera Limited
Vitaminveien 4
0485 Oslo, Norway
Attn: Investor RelationsAbout OperaOpera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across devices. Hundreds of millions worldwide use Opera's mobile and desktop browsers for their speed, security, and unique features, enhanced with integrated AI that enables users to navigate and interact with the web in new transformative ways. Founded in 1995 and headquartered in Oslo, Norway, Opera is listed on the Nasdaq stock exchange under the ticker symbol "OPRA". Download Opera products from opera.com and learn more about Opera at investor.opera.com.



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Original: Opera Files Its 2025 Annual Report on Form 20-F

160M CELO Allocation Proposal To Grow Opera From Distribution Partner into Key Network StakeholderMarch 19, 2026 9:24 AM
PR Newswire (US)

Subject to Celo community governance approval, Opera will receive an allocation of 160M CELO as a grant for distribution services, further deepening Opera's alignment with the long-term success of Celo, the leading Layer 2 by Daily Active Users with 700K+Opera's MiniPay leverages Celo's fast, low-cost payment rails, and unique technical benefits like fee abstraction and phone number mapping resulting in 14M account registrations and 420M transactions on Celo blockchainOver 50 million Opera users who have earned rewards in recent months to redeem them as USD? on MiniPay, accelerating the wallet's growth on CeloOSLO, Norway, March 19, 2026 /PRNewswire/ -- Opera (NASDAQ: OPRA), a leading global browser and AI agent company, and Celo Core Co., stewards of Celo, the Ethereum Layer 2 built for the real world with the leading programmable rails for global finance, today announced the commercial framework for their continued partnership, subject to Celo community governance approval. The partnership model is based on an allocation of 160 million CELO to Opera, which will in turn enable Opera's continued deep integration and distribution of Celo stablecoins and, further establishing Opera's long-term incentive to support the success of the ecosystem as a key stakeholder.







The agreed terms have been submitted to the Celo community forum for approval, consistent with the network's decentralized treasury governance model. The restructured terms reflect the scale and maturity of the partnership, and Opera's genuine belief in and commitment to the long-term value of the Celo ecosystem and its native governance token, CELO.The announcement marks the latest development in Opera's nearly five-year partnership with the Celo ecosystem, which began in June 2021. From this early partnership milestone, Opera and key Celo contributors have driven rapid adoption of accessible stablecoin payments following the launch of MiniPay in September 2023. In December 2025, Opera and Celo announced an extension of their strategic partnership to provide financial inclusion to a billion people by 2030.Since MiniPay's launch, Opera and Celo have expanded the self-custodial stablecoin wallet to serve 66+ countries, facilitating over 420 million transactions, and growing to more than 14 million account registrations. With MiniPay as a core driver, Celo has emerged as the leading global financial rails for everyday stablecoin adoption, positioned as the leading Ethereum Layer 2 by daily active users and strongest transport layer for USD? with 700,000+ Daily Active Users and 4.23+ million Weekly Active USD? Users.That growth reflects the fit between MiniPay's target markets and the payment infrastructure Celo was purpose-built to provide. Launched on mainnet Earth Day 2020 with architecture optimized for mobile-first, real-world financial use cases, Celo offers a full suite of tools optimized for speed, low cost, and accessibility at scale. Among the most consequential features for consumer adoption are fee abstraction, which allows users to pay transaction costs in ERC-20 tokens like stablecoins rather than a native gas token, and phone number-to-wallet mapping, which abstracts the complexity for blockchain addresses.The three-year agreement grows Opera from distribution partner to a network stakeholder, and aligns Opera's and MiniPay's success with the network's over the long run. The partnership also carries a significant near-term growth catalyst: over 50 million Opera browser users have earned rewards and are positioned to redeem them as USD? within MiniPay."Our partnership with Opera has evolved significantly over nearly five years, and we're proud to take this next step together as our joint mission of accessible, effective stablecoin solutions becomes a reality for users worldwide," said Rene Reinsberg, Celo co-founder. "The path toward a billion-dollar onchain economy has never been so clear, and Opera's belief in CELO reaffirms our joint commitment to the ecosystem reaching this goal.""Celo's infrastructure and mission-aligned ecosystem have been instrumental in our work building and scaling powerful mobile financial technology with MiniPay," said Jørgen Arnesen, EVP Mobile, Opera. "Through this continued partnership, we're making a long-term commitment to the Celo ecosystem and to bringing that utility to our global user base."Opera and Celo Core Co. will build their presence in Latin America and Southeast Asia with a roadshow to drive grassroots adoption and grow the Mini App ecosystem, beginning in Vietnam and the Philippines next month.To learn more about Celo and Opera, visit celo.org and opera.com.Download MiniPay on Google Play and iOS App Store today.About Opera
Opera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across devices. Hundreds of millions of people use Opera browsers for their unique features on mobile phones and desktop computers. Founded in 1995 and headquartered in Oslo, Norway, Opera is publicly listed on the Nasdaq stock exchange under the ticker symbol OPRA. Download Opera browsers and other Opera products at opera.com. Learn more at investor.opera.com.About Celo
Celo is an Ethereum Layer-2 and mobile-first blockchain network built for the real world and designed for fast, low-cost payments worldwide. The Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack, the CELO native token, USDC and USDT (both enabled as gas currencies), several Mento stable assets (USDm, EURm, REALm, XOFm), and popular infrastructure including Morpho, Aave, Uniswap V3, Curve, Velodrome, and Chainlink. Launched on Earth Day in 2020, the open-source Celo mainnet supports a rich ecosystem of projects (1,000+) contributing to Celo's global mission of prosperity for all. For more about Celo, visit https://celo.org/. About MiniPay
MiniPay is a non-custodial stablecoin wallet built on the Celo blockchain and designed to make digital finance accessible, affordable, and user-friendly – especially across emerging markets. MiniPay is offered by Blueboard Limited, an Opera company. Opera is publicly listed on the Nasdaq stock exchange under the ticker symbol OPRA. Learn more at investor.opera.com.










View original content to download multimedia:https://www.prnewswire.com/news-releases/160m-celo-allocation-proposal-to-grow-opera-from-distribution-partner-into-key-network-stakeholder-302718795.htmlSOURCE Opera Limited

Original: 160M CELO Allocation Proposal To Grow Opera From Distribution Partner into Key Network Stakeholder

Tether and Opera Expand Financial Access in Emerging Markets Through MiniPayFebruary 2, 2026 10:11 AM
PR Newswire (US)

OSLO, Norway, Feb. 2, 2026 /PRNewswire/ -- Tether, the world's leading stablecoin issuer, announced the expansion of USDT and Tether Gold (via XAU?0*) support within MiniPay, Opera's (NASDAQ: OPRA) self-custodial wallet built on the Celo blockchain. The initiative is helping millions of users across emerging markets gain stable, dollar-denominated access to value and savings, reinforcing Tether's role in advancing global financial inclusion.







USDT, with a market capitalization of over $186 billion, remains the most widely used and trusted digital dollar globally. Its integration into MiniPay enables users to send, receive, and hold USDT with a tap, without navigating the complexities of the blockchain.Opera's MiniPay wallet has become one of the largest self-custodial stablecoin wallets globally, with over 12.6 million activated wallets, 350 million transactions, and 3.64 million estimated on-chain users on Celo. In Q4 2025 alone, MiniPay saw 50% growth in on-chain users, highlighting accelerating USDT adoption across Africa, Latin America, and Southeast Asia.As of December, 2025, MiniPay has 7 million phone-verified USDT wallets, seeing 300,000 unique buyers of USDT in December, up 33% month over month, Celo became the fastest-growing native USDT chain, with user growth of 506% in the last 12 months, from 825 thousand to 5 million users. MiniPay users initiated more than 96 million USDT in stablecoin transfers in December 2025 and over 3.5 million peer-to-peer payments that month.Users have also added more than $49 million USD in cash to their MiniPay wallets through local partners including Fonbank, Partna, Daimo, Cashramp, Binance, and Bybit, connecting local economies directly to Tether's global liquidity network. Across all integrations, more than 153 million USD was sent or received through MiniPay in December, underscoring growing demand for stable, dollar-based payments in mobile-first regions."Tether's mission has always been to provide simple, reliable access to stable value for people who need it most," said Paolo Ardoino, CEO of Tether. "By supporting USDT and XAU?0 in MiniPay, we're helping create tools that make digital assets genuinely useful, whether for sending money, saving in dollars, or protecting value in gold. Financial inclusion is not just about technology; it's about building systems that work for everyday life.""Integrating USDT directly into MiniPay turns smartphone reach into real financial access," said Jørgen Arnesen, EVP Mobile at Opera. "Millions of users are now holding, sending, and saving in digital dollars seamlessly, often for the first time. MiniPay brings stable, on-chain money to the people who need it most."In addition to USDT, MiniPay supports Tether Gold, a token representing ownership of physical gold, through its support for XAU?0. With gold prices rising nearly 50% in 2025, XAU?0 offers households an accessible and inflation-resistant savings option. Users can convert part of their balance into XAU?0 with a single tap, maintaining liquidity while preserving value.Tether Gold remains one of the most established tokenized real-world assets, providing a transparent, on-chain bridge between traditional value stores and the emerging digital economy.Tether's ongoing commitment to transparency, liquidity, and accessibility continues to expand the real-world use of stablecoins. Together with Opera, Tether is building practical financial tools that help people move, save, and store value securely, bringing the benefits of stable digital money to millions beyond the traditional banking system.*XAU?0 is a bridged version of Tether Gold (XAU?). XAU?0 is not issued by Tether.About MiniPayMiniPay is a non-custodial stablecoin wallet built on the Celo blockchain and designed to make digital finance accessible, affordable, and user-friendly – especially across emerging markets. MiniPay is offered by Blueboard Limited, an Opera company. Opera is publicly listed on the Nasdaq stock exchange under the ticker symbol OPRA. Learn more at investor.opera.com.Important NoteThis press release is not an offer to sell or the solicitation of an offer to buy USDT or XAU?. Tether International, S.A. de C.V. will only sell or redeem USDT pursuant to its terms of service available (as of the date of this press release) at tether.to/en/legal. TG Commodities, S.A. de C.V. will only sell or redeem XAU? pursuant to its terms of sale and service available (as of the date of this press release) at gold.tether.to/legal.DisclaimerAs a non-custodial stablecoin wallet, MiniPay exclusively enables individual users to initiate on-chain P2P stablecoin transfers. Through integrations with our third-party partners, however, the MiniPay ecosystem also enables users to discover a rich array of additional services provided by such third parties including on-ramp/off-ramp, top-up, or payment services. MiniPay itself does not facilitate or provide any form of exchange services, payment services, or remittances. Any and all references to such functionality indicates the availability of third-party services discoverable within the MiniPay ecosystem. XAU?0 is available in Mini Apps via a third party.



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Original: Tether and Opera Expand Financial Access in Emerging Markets Through MiniPay

I never traded OPRA per pm request...although you mentioned ORA, i'm thinking it was a typo...

Oh wow that browser crypto buying news is major ... at least to me it is.

Is this new class action going to affect OPRA price? OPRA Class Action

Hi OTC Buyer,

I am happy to shoot you a filed complaint and discuss further. Please email me at jgrabar@grabarlaw.com

Thank you,

Josh

I sent an email to KMLLP and never heard back. So what are these attorneys doing for those holders anyways???

Did you buy OPRA between July 27, 2018 and January 15, 2020? As you know, it is alleged that OPRA failed to disclose that: (i) Opera had significantly overstated market opportunities and expected growth trends for its browser applications; (ii) Opera’s businesses relied on predatory lending practices; (iii) these facts, once revealed, were reasonably likely to have a material negative impact on Opera’s financial prospects, especially with respect to its lending applications’ continued availability on Google’s Play Store; and (iv) as a result, the defendants’ statements violated the federal securities laws.

If you would like to learn more about the matter and how you might benefit, including the possibility of court awarded incentive awards, message me here or contact me at jgrabar@grabarlaw.com

Thank you,

Josh

Possible correction to that short report or a dead cat bounce? If correction could see a squeeze. Still have my daughter’s shares. Like I said I have her in it for a 10 year hold at least. GLTA

OTC Buyer Fascinating reading in my view.

Now another $50 million buy back ... 50 is better than 1. Glad to see company taking action after that short report.

Interesting that they say they are short on this stock and push this negative report .... and this in disclaimer too:

...Hindenburg Research is not registered as an investment advisor in the United States or have similar registration in any other jurisdiction...

Here is the report that caused the ruckus today:

https://hindenburgresearch.com/opera-phantom-of-the-turnaround/

* * $OPRA Video Chart 01-16-2020 * *

Link to Video - click here to watch the technical chart video

I use Opera daily it is well positioned for future growth.
Hope to contribute here.

$OPRA Very Bullish pattern establishing in Opera ltd

From a charting perspective NASDAQ:OPRA is starting to look very attractive.
After a initial IPO sell off the stock has formed a base and is now stepping its way back up on good volume .
RSI , MACD , and the OBV are very positive.
Price has bullishly broken the cloud resistance.
Please also take into account the earnings release from May22nd, below is a transcript of the CEO comments within the call in which he outlines the BEAT and also RAISES guidance
"Let me now get into the quarter and guidance and then we will open it up for questions. Opera had a record revenue quarter reaching $51.3 million, up 30% versus the year ago quarter. Search revenue represented 40% of the total or $20.6 million, up 2% year-over-year or up 5% on a constant currency basis. As communicated over the past year, while we expect Search to continue to grow, we expect it to become the smaller share of our revenue over time. Search is already a pretty well optimized revenue source for us with the revenue as a function of our search partners monetization as well as our own browser user base footprint.

Advertising revenue was 29% of the total or $14.1 million, up 10% year-over-year. This growth was driven by increased user numbers as we have been prioritizing user growth over monetization."
Fin-tech revenue, which is a new revenue category, represented 13% of total revenue or $6.5 million. This scaled significantly from the fourth quarter when we acquired OKash and we expect it to be a growing percentage of revenue going forward. Retail revenue represented 13% of total or $6.8 million, in other words, quite stable versus last quarter.

With that said, we are raising our expectation for 2019 revenue. Our increased range is $230 million to $240 million representing year-over-year growth of 34% to 39%. This compares to our prior range of $220 million to $230 million, and for now reflects moderate increases in monetization, limited gains from browser product initiatives, and finally some contribution from taking micro lending to new markets. We are also guiding for adjusted EBITDA between $30 million to $45 million for the year."

Tomorrow is the big reveal

Opera (NASDAQ: OPRA) to add TRON (Coin: TRX) support to its Crypto Wallet

https://investor.opera.com/news-releases/news-release-details/opera-add-tron-support-its-crypto-wallet

Financial results on May 22nd

Starting Nov 12th for the million dollar buyback

Share buy back is huge, full recovering and more now.

I'm surprised this is down for the potential it has

50 M shares owned by Bitmain

https://cryptonomist.ch/en/blockchain-en/mining-en/open-source-chromium/

NEWS: https://seekingalpha.com/news/3374923-opera-prices-ipo-12-share

New IPO out today for an older search engine. Company has been turning profits the last year and looks promising!!