Opera Income Before Tax from 2010 to 2024

OPRA Stock  USD 19.81  0.25  1.25%   
Opera's Income Before Tax is increasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is expected to go to about 168.2 M this year. From 2010 to 2024 Opera Income Before Tax quarterly data regression line had arithmetic mean of  23,624,888 and r-squared of  0.57. View All Fundamentals
 
Income Before Tax  
First Reported
2016-12-31
Previous Quarter
22.2 M
Current Value
22.8 M
Quarterly Volatility
33.7 M
 
Covid
Check Opera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opera's main balance sheet or income statement drivers, such as Tax Provision of 3.3 M, Interest Income of 7.2 M or Interest Expense of 350.6 K, as well as many indicators such as Price To Sales Ratio of 2.83, Dividend Yield of 0.0157 or PTB Ratio of 1.43. Opera financial statements analysis is a perfect complement when working with Opera Valuation or Volatility modules.
  
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

Latest Opera's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Opera over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Opera income statement and is an important metric when analyzing Opera profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Opera's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Opera's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Opera Income Before Tax Regression Statistics

Arithmetic Mean23,624,888
Geometric Mean28,046,909
Coefficient Of Variation267.31
Mean Deviation46,745,065
Median(14,925,000)
Standard Deviation63,152,002
Sample Variance3988.2T
Range186.8M
R-Value0.76
Mean Square Error1833T
R-Squared0.57
Significance0
Slope10,691,423
Total Sum of Squares55834.5T

Opera Income Before Tax History

2024168.2 M
2023160.2 M
202223.9 M
2021-14.9 M
202035 M
201963.5 M
201841.6 M

About Opera Financial Statements

Opera stakeholders use historical fundamental indicators, such as Opera's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Opera investors may analyze each financial statement separately, they are all interrelated. For example, changes in Opera's assets and liabilities are reflected in the revenues and expenses on Opera's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Opera. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax160.2 M168.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock:
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Opera. If investors know Opera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.111
Dividend Share
0.8
Earnings Share
1.79
Revenue Per Share
5.073
Quarterly Revenue Growth
0.2
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opera's market value can be influenced by many factors that don't directly affect Opera's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.