Opera Software Q4 2010 Financial Results

By | February 22, 2011 | 25 Comments


Opera Software Q4 2010 Financial Results

Opera Software has recently announced a pretty strong financial results report.

Here are some of the key figures:

193.6 MNOK revenue (up from 142.6 NOK 4Q09)
53 million Opera Desktop users
23 million downloads since launch
11.5 million Opera Mini operator users (up from 1.7 million twelve months earlier)

Opera Software Q4 2010 Financial Results

Opera Software Q4 2010 Financial Results


About (Author Profile)


Vygantas is a former web designer whose projects are used by companies such as AMD, NVIDIA and departed Westood Studios. Being passionate about software, Vygantas began his journalism career back in 2007 when he founded FavBrowser.com. Having said that, he is also an adrenaline junkie who enjoys good books, fitness activities and Forex trading.

  • nobody

    it screams ‘stagnant desktop user BASE’ and that means dropping market SHARE on desktop. one wonders where is that ’11 will change everything’ effect.

    however, somebody surely got his bonus for that money +

    and id like to know what is the impact of strong/weak currency this time. they like to boast strong/weak currency when needed to cover failures, but when this effect affects their earnings it suddenly is not a factor

    btw. opera mini graph looks impressive, and i mean that

    however after using opera on iphone/ipad im sure that it will not stick – ipad browsing experience is simply superior to opera mini. the later absolutely rocking on small-screen phones though.

    • nvm

      Up from what, 45 something million desktop users a few months ago, to 53 million now? Doesn’t sound like “stagnation” to me. What’s pretty interesting is that the revenue per desktop user is growing even faster.

      The currency had a negative impact on the results because the NOK got stronger compared to the USD and EUR. But they still set a new record.

      What makes you think it isn’t a factor? Did you even read the report? You are just here to whine, nobbie. At least read the report for once.

      • nobody

        “Up from what, 45 something million desktop users a few months ago, to 53 million now”

        yeah, you are talking about seasonal variations :D you are so well educated about troll. somehow you ignored that Q1 had circa 53mln as well.

        do any one dimensional interpolation to see the trend. trend is stagnant. what growth is – look at opera mini chart – this IS fantastic sustained growth. opera had last chance with 11, and they had screwed as always with ‘errones’ (elevens) riddled with bugs, because it HAD to be released on set date. facebook already ignores opera, google too, opera desktop is no longer relevant.

        as for the browsing experience – ipad demands FULL browsing experience – with javascript working, not static pages. safari does deliver, opera mobile probably would, but opera mini cannot, just because it is opera mini – a thin client. ever tried to book a plane ticket using opera mini? good luck, but if you persist, you’ll go on foot.

        currency situation is interesting to say the least, but it is funny, that it is always ‘the bad way for poor little opera’. something that raises questions. like who should be fired for not protecting opera from exchange rate changes with some well put swaps for certain currency pairs?

        as for the mwc, it was a nice venue, love visiting barcelona on business purposes :D

        • ouzowtf

          Yeah, its clearly Operas fault to be not in the AppStore with Opera Mobile and deliver the “FULL browsing experience”… oh wait.

        • nvm

          you ignored that Q1 had circa 53mln as well

          No, it did not. According to Opera’s own report, they had 46 million users in December 2009, and 48 million in January 2010. In other words, Opera’s desktop user base has grown YoY.

          Once again you have been caught lying, nobbie. It’s getting boring having to constantly catch you lying.

          As for the currency situation, I just caught you lying about it, which you conveniently ignored. And now you are spreading even more lies. It’s a fact that the currency has had a negative impact on Opera, but that doesn’t mean that anyone should be fired. Currency fluctuations are often short-term, so it will even out over time. But even so, it is Opera’s responsibility to report actually on the currency effect.

          The only question raised here is how you can be so shameless as to constantly be caught lying and still be caught lying even more :D

    • ouzowtf

      Read the full report to get informations about the currency impact.
      As the MWC showed, there will be an update for Opera Mini and a special version for tablets with a much better browsing experience.

    • mikah

      Never mind Nobooby , maybe Opera will be bankrupt next year you can always hope.

      “Opera is adapting their web browser for tablets, here is their demonstration of Opera Mini running on the iPad. Will Apple allow this in the Apple App Store? To be seen.”

      http://armdevices.net/2011/02/14/opera-mini-on-the-ipad/

    • Golden Boy

      If you dont see that user base is flat then better get some help from professionals

      • nvm

        The desktop user base has grown year-on-year. Are you nobbie too, since you insist on putting forth demonstrably false claims?

  • Mark

    For a company that has virtually no advertising budget compared to the might of Apple, Microsoft and Google, it’s doing pretty well… I’m guessing having a browser that makes the big boys look like chumps helps alot.

    • nobody

      instead of making ‘no advertising’ a feat, better look at it as a stupidity. why there is no advertising when opera has lots of money?

      and other browsers had shown that they know how to copy opera features, improve them and sell as theirs

      opera still cannot prove that it can grow over itself and copy good features from others. spellchecker took like 2 years after the last browser implemented it, opera autoupdate still completely sux compared to seamless google updates and very very robust firefox updates. opera extensions.. started badly and stayed so, they affect performance in a BIG way and still cannot do much of the promised stuff, gimmicks still. would love to see opera copy firefox ‘scroll tabs’ or firefox ‘page info’ (opera panel simply sux in comparison). also ‘clear history on exit etc’ should be copied from other browsers, as in current form it is both ugly, non-userfriendly and does not work due to continous quirks with site-preferecnes reagrding cookies. lots to copy from other ‘chumps’.

      and opera makes most money of opera mini, not desktop.. that explains why desktop sometimes seems so understaffed

      • ouzowtf

        “opera extensions.. started badly and stayed so, they affect performance in a BIG way”

        I have no problems with extensions affecting performance. So it seems like a problem on your end. So pls stop stating your problems as facts.

      • nvm

        He didn’t say “no advertising.” He said that Opera has a tiny advertising budget compared to Apple, Microsoft and Google. And it’s true. All of those companies have other huge businesses they can use to subsidize their browsers. Opera only has the browser.

        As much as it pains me to admit, Opera’s extensions are more powerful than Chrome extensions. And Firefox and Chrome extensions affect performance in a big way, but I guess trivial facts like that aren’t important when lying about Opera…

        opera makes most money of opera mini, not desktop

        Actually, desktop revenue was 37% of Opera’s total revenue in the quarter. It’s the biggest revenue stream, as reported in the quarterly report.

        So your claim that desktop is understaffed is clearly wrong. Clearly, desktop is incredibly important to Opera, seeing as brings in nearly 40% of their total revenue. And indeed, they reported earlier that they had staffed up the desktop team significantly, in addition to all the previous hirings.

        Once again nobbie has been caught lying. Why does he insist on lying all the time? I guess he’s just dishonest like that :D

        • nvm

          Actually, desktop revenue was 37% of Opera’s total revenue in the quarter.

          36.6% to be more precise. Unlike nobbie, I think accuracy is important.

  • nvm

    I don’t know why nobbie keeps lying. Things he has been caught lying about this time:

    * He claimed that “currency was not a factor” even though Opera reported very specifically on how currency affected the results
    * He claimed that Q1 showed 53 million desktop users. It actually showed 46 million in December 2009 and 48 million in January 2010
    * He claimed that most of Opera’s money is from Mini, but the actual report clearly shows that Desktop is the biggest revenue driver, with nearly 40% of Opera’s total revenue
    * He claimed that desktop is understaffed despite the fact that they had dozens of people last year, and actually added significant resources to it throughout the year

    I probably missed something. He’s lying so much it’s difficult to keep track of it. And you don’t have to thank me for exposing this liar’s lies. I actually enjoy it, and find it highly amusing that he keeps embarrassing himself like this :D

    • nobody

      blaaa bla bla

      own opera’ graph, own opera data, own opera words – opera user base now is around where it was one year ago. reading a graph is easy. this one is so simple, that trying to twist it will be too hard even for you, mr opera spokeperson

      i always wondered why nvm and opera’ own haavard use the same rhetorics, sometimes word by word..

      twisting words taken out of context – yeah, it is your skill, wonder how much does it pay in real world

      as for your other bullshit.. talk to the hand

      • nvm

        Of course I’m using Opera’s data. You were lying about Opera’s own data! And you are happy to refer to Opera’s data when you think it supports your nonsense.

        But once again, nobbie has been thoroughly exposed as a liar.

        • Kurt

          nvm, stop the bashing. You’re like a trojan horse, defending Opera so hard that I almost feel ashamed to admit I’m using Opera too. _Look_ at the graph of desktop users: it shows a flat line. That means that either someone at Opera has done a crappy job to catch the user growth, either that the user growth leaves much to be desired. You may think one, but nobody and I think the other.

          • wykoyako

            The bashing is nobody’s. He has been caught with many lies. Why defend nb’s lies? He always lies about Opera.

            You probably are not a user of Opera.

          • nvm

            Oh please, Kurt. I’m a basher? You should probably talk to your buddy nobbie here. He is constantly bashing Opera, and always spreading lies. I am merely pointing out some obvious lies he has produced in this discussion.

      • wykoyako

        You should be ashamed of yourself. Don’t you have anything better to do with your life than to lie about Opera every chance you get?

    • wykoyako

      He really is quite pathetic, isn’t he? It’s easy to expose him, though.

      I don’t know why nobbie keeps lying. Things he has been caught lying about this time:

      * He claimed that “currency was not a factor” even though Opera reported very specifically on how currency affected the results
      * He claimed that Q1 showed 53 million desktop users. It actually showed 46 million in December 2009 and 48 million in January 2010
      * He claimed that most of Opera’s money is from Mini, but the actual report clearly shows that Desktop is the biggest revenue driver, with nearly 40% of Opera’s total revenue
      * He claimed that desktop is understaffed despite the fact that they had dozens of people last year, and actually added significant resources to it throughout the year

      I probably missed something. He’s lying so much it’s difficult to keep track of it. And you don’t have to thank me for exposing this liar’s lies. I actually enjoy it, and find it highly amusing that he keeps embarrassing himself like this :D

      QFT!

  • wykoyako

    Few years ago Mozilla profit was higher than all of Opera revenue. Now Opera revenue is bigger than Mozilla’s and growing faster?

    • Somebody

      Is this statement true? I doubt Opera’s revenue is more than Mozilla’s .

      • mr.lutze

        Hard to say for sure since Mozilla latest financial report is from 2009, but I don’t think that Opera revenue was higher in 2010. However revenues of those two companies are surprisingly similar – Mozilla’s revenue in 2009 was $104 million and Opera’s revenue in 2010 was $122 million.