Opera’s Q3 2014 financial results are in.
If you are wondering how exactly is Opera Desktop doing after ditching the old rendering engine and having some time to “make the things right” then we have some pretty bleak news.
According to the latest report, the monthly desktop users figure has shown absolutely no growth in the last 5 quarters, in addition to that, the revenue has been declining quarter over quarter (while 3Q13 vs. 3Q14 show identical income).
Just a fraction of rumored $7.4 billion.
Now here is something that will finally come to an end, according to Europa Press, Microsoft was fined $731 million by EU for breaking the browser ballot agreement that was signed back in 2009.
The good news, at least for Microsoft, is that the fine is far smaller than some might have expected as it was supposed to be as high as $7.4 billion or a 10% of the annual turnover. According to a report, one of the main catalysts behind what it seems to be a small fine was a cooperation from Microsoft.
Back in 2007, Mozilla has decided that it does not have to pay taxes for the revenue that comes from Google’s search partnership. Why? Because according to them, 66 million (out of 77 million) dollars were a form of contribution and therefore, should not be taxable.
Unfortunately for them, the US government held a different opinion and as a result, Mozilla had to settle and will be paying a total of $1.5 million.
Better luck next time.
Not pleased with the user growth.
During yesterday’s Q&A with the investors, Opera’s management has shared some details about its prospects going forward and how will it affect future revenue.
According to the keynote, they are not pleased with the desktop growth and although Opera is keeping up in the key markets like Russia, there is no excitement anywhere else.
Just today, Opera Software has released its first quarter results for this year and as seen in the slides below, the following year was quite good for the Norwegian browser maker.
- Total revenue (MUSD): 46.9 (1Q12) vs. 36.7 (1Q11)
- Opera Mini users: 31.1 million in March 2012, vs. 13.6m in March 2011, up 129%
- 168.8m users of Opera Mini in March
- 270 million+ people using Opera browsers every month
- Mobile Consumer revenue up 253%+ in 1Q12 vs. 1Q11
- Mobile Publishers & Advertisers revenue up 303% in 1Q12 vs. 1Q11
As if $23 million were not enough, Skyfire, a company behind mobile web browser for Android and iOS, has raised another $8 million in funding.
Although users can download Skyfire for free, which they did more than 12 million times, a video optimization feature dubbed as “Skyfire Video License” will cost you $2.99.
Recently, Opera Software has released their financial results for the Q2 of 2011. According to the report, there are now more than 200 million Opera users that use web browser every month, which suggests that Opera Software counts its users if they open the program at least once every 30 days.
2Q 2011 Financial highlights
Total revenue (MNOK): 214.8 (2Q11) vs. 168.9 (2Q10)
Desktop user growth 20% versus end of 2Q10
Over 122 million Opera Mini users
Over 200 million Opera users