Opera Jumps 23% After Q4 Beat and $300 Million Buyback Plan

Overview

• Q4 revenue reached $177.2 million with 22% year-over-year growth, and adjusted EBITDA came in at $41.9 million for a 24% margin.
• Opera authorized a two-year share repurchase program of up to $300 million covering market ADS purchases and pro‑rata buys from its majority shareholder, alongside a semi-annual dividend framework.
• Shares closed up 23.38% at $15.41 following the results and capital return announcement.
• Advertising revenue rose 25% to $114.4 million, while query revenue increased 16% to $62.3 million.
• User metrics included 284 million average monthly active users and $2.49 annualized ARPU, with Opera GX at 34 million users and MiniPay surpassing 13 million activations and 360 million transactions.