Opera Financials

OPRA Stock  USD 20.19  0.89  4.61%   
Based on the key measurements obtained from Opera's financial statements, Opera is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At present, Opera's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 12.1 M, whereas Total Current Liabilities is forecasted to decline to about 70.9 M. Key indicators impacting Opera's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.0E-41.0E-4
Sufficiently Down
Very volatile
Current Ratio2.932.5605
Fairly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Opera includes many different criteria found on its balance sheet. An individual investor should monitor Opera's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Opera.

Net Income

160.97 Million

  
Understanding current and past Opera Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Opera's financial statements are interrelated, with each one affecting the others. For example, an increase in Opera's assets may result in an increase in income on the income statement.
Please note, the presentation of Opera's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Opera's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Opera's management manipulating its earnings.

Opera Stock Summary

Opera competes with Jiayin, Twilio, Yelp, Fiverr International, and Onfolio Holdings. Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. The company was founded in 1995 and is headquartered in Oslo, Norway. Opera is traded on NASDAQ Exchange in the United States.
Specialization
Information Technology, Internet Content & Information
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS68373M1071
CUSIP68373M107
LocationNorway
Business AddressVitaminveien 4, Oslo,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.opera.com
Phone47 2369 2400
CurrencyUSD - US Dollar

Opera Key Financial Ratios

Opera Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B964.7M1.0B1.0B
Other Current Liab22.9M18.3M25.7M19.1M16.2M20.0M
Other Liab10.7M11.8M6.6M7.4M6.7M9.1M
Net Tangible Assets379.8M512.0M508.0M358.8M412.6M324.1M
Net Debt(82.5M)(125.2M)(89.4M)(44.6M)(83.3M)(87.5M)
Retained Earnings99.5M280.2M277.3M273.3M445.2M467.4M
Accounts Payable57.1M20.2M32.5M40.0M49.3M35.5M
Cash139.5M134.2M102.9M52.4M93.9M105.3M
Other Assets6.2M4.4M4.3M79.5M6.6K6.3K
Long Term Debt1.8M3.6M2.1M4.7M5.4M3.1M
Net Receivables201.6M28.8M62.4M131.5M109.9M90.8M
Inventory7.8M9.1M9.2M90.0M1.00.95
Other Current Assets25.8M9.1M297.6M90.0M4.7M4.4M
Total Liab148.4M60.9M80.2M76.5M91.1M86.9M
Short Long Term Debt43.2M5.4M11.4M3.1M111K105.5K
Total Current Assets418.3M187.5M252.6M340.2M208.5M247.3M
Short Term Debt47.8M5.4M11.4M3.1M3.8M3.6M
Intangible Assets110.8M112.0M103.6M100.0M99.1M88.4M

Opera Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision5.6M689K43K8.8M4.0M3.3M
Interest Income2.0M13.6M123K21.5M8.2M7.2M
Interest Expense1.5M516K6.9M39.7M369K350.6K
Total Revenue334.9M165.3M251.0M331.0M397.2M259.6M
Gross Profit260.9M153.2M237.3M276.4M207.9M210.3M
Operating Income120.2M22.5M(1.8M)66.8M63.0M43.0M
Ebit120.2M36.2M(9.5M)66.8M160.4M168.4M
Cost Of Revenue74.0M12.1M13.7M54.6M189.4M198.8M
Income Before Tax63.5M35.0M(14.9M)23.9M160.2M168.2M
Net Income57.9M34.3M(15.0M)15.0M153.3M161.0M
Income Tax Expense5.6M689K43K8.8M6.7M3.7M
Net Interest Income548K14.0M(8.6M)(19.4M)36.1M37.9M
Ebitda139.1M56.5M10.0M80.7M173.5M182.2M

Opera Key Cash Accounts

201920202021202220232024 (projected)
Investments(107.0M)58.1M(34.8M)44.5M16.3M17.1M
Change In Cash(38.4M)(5.3M)(31.3M)(50.5M)41.4M43.5M
Net Borrowings38.9M(50.2M)(5.6M)(4.2M)(3.8M)(4.0M)
Free Cash Flow(54.4M)82.0M20.7M46.7M79.1M83.0M
Depreciation18.9M20.4M19.6M13.9M13.2M17.6M
Other Non Cash Items(46.7M)(28.0M)6.8M16.4M(104.6M)(99.4M)
Capital Expenditures13.0M11.3M5.9M10.0M6.4M8.7M
Net Income63.5M174.8M(16.0M)23.9M160.0M168.0M
End Period Cash Flow139.5M134.2M102.9M52.4M93.9M108.0M
Change To Netincome(118.1M)(196.2M)15.9M34.3M30.8M32.4M

Opera Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Opera's current stock value. Our valuation model uses many indicators to compare Opera value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Opera competition to find correlations between indicators driving Opera's intrinsic value. More Info.
Opera is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.30  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Opera is roughly  3.34 . At present, Opera's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Opera's earnings, one of the primary drivers of an investment's value.

Opera Systematic Risk

Opera's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Opera volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Opera correlated with the market. If Beta is less than 0 Opera generally moves in the opposite direction as compared to the market. If Opera Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Opera is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Opera is generally in the same direction as the market. If Beta > 1 Opera moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Opera Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Opera's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Opera growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.007167

At present, Opera's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Opera November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Opera help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Opera. We use our internally-developed statistical techniques to arrive at the intrinsic value of Opera based on widely used predictive technical indicators. In general, we focus on analyzing Opera Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Opera's daily price indicators and compare them against related drivers.

Complementary Tools for Opera Stock analysis

When running Opera's price analysis, check to measure Opera's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Opera is operating at the current time. Most of Opera's value examination focuses on studying past and present price action to predict the probability of Opera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opera's price. Additionally, you may evaluate how the addition of Opera to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Commodity Directory
Find actively traded commodities issued by global exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon