Opera Past Earnings Performance
Past criteria checks 4/6
Opera has been growing earnings at an average annual rate of 10.1%, while the Software industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 12.9% per year. Opera's return on equity is 16.9%, and it has net margins of 37.1%.
Key information
10.1%
Earnings growth rate
17.0%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 12.9% |
| Return on equity | 16.9% |
| Net Margin | 37.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Opera makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 412 | 153 | 118 | 0 |
| 31 Dec 23 | 397 | 153 | 115 | 0 |
| 30 Sep 23 | 380 | 67 | 116 | 0 |
| 30 Jun 23 | 363 | 59 | 113 | 0 |
| 31 Mar 23 | 347 | 40 | 112 | 0 |
| 31 Dec 22 | 331 | 15 | 119 | 0 |
| 30 Sep 22 | 307 | -117 | 118 | 0 |
| 30 Jun 22 | 289 | -103 | 124 | 0 |
| 31 Mar 22 | 271 | -53 | 134 | 0 |
| 31 Dec 21 | 251 | -43 | 122 | 0 |
| 30 Sep 21 | 229 | 99 | 104 | 0 |
| 30 Jun 21 | 204 | 82 | 83 | 0 |
| 31 Mar 21 | 177 | 51 | 57 | 0 |
| 31 Dec 20 | 165 | 37 | 50 | 0 |
| 30 Sep 20 | 87 | 11 | 19 | 0 |
| 30 Jun 20 | 417 | 46 | 130 | 0 |
| 31 Mar 20 | 423 | 33 | 145 | 0 |
| 31 Dec 19 | 177 | 41 | 66 | 0 |
| 30 Sep 19 | 255 | 47 | 91 | 0 |
| 30 Jun 19 | 205 | 29 | 59 | 0 |
| 31 Mar 19 | 183 | 33 | 40 | 0 |
| 31 Dec 18 | 161 | 34 | 31 | 0 |
| 30 Sep 18 | 161 | 25 | 26 | 0 |
| 30 Jun 18 | 156 | 23 | 18 | 0 |
| 31 Mar 18 | 143 | 13 | 10 | 0 |
| 31 Dec 17 | 129 | 6 | 33 | 0 |
| 31 Dec 16 | 107 | -16 | 3 | 0 |
Quality Earnings: 2V8 has a large one-off gain of $92.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 2V8's current net profit margins (37.1%) are higher than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2V8's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: 2V8's earnings growth over the past year (282.1%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: 2V8 earnings growth over the past year (282.1%) exceeded the Software industry 7.4%.
Return on Equity
High ROE: 2V8's Return on Equity (16.9%) is considered low.