News

Opera revenue surges

Opera may be a small fish in the world of desktop browsers but when it comes to the mobile market Opera is actually punching well above its weight.

In its Q2 financial results, Opera Software reported revenues of $52.1 million, EUR42 million up 32 percent from the same period in 2011, 37 percent adjusted for currency fluctuations.

A fraction of that growth took place in the mobile market where revenue from its mobile users was up 168 percent, to $3.4 million. Revenue from mobile phone operators and OEMs was down 24% and 40% respectively but that hasn’t stopped Opera’s success in the mobile market.

Mobile Opera browsers are used by 200 million people at this point, the company reports. That’s a 47 percent rise in just six months, from the end of 2011. Mobile ad revenue is up 450 percent and is now the second biggest part of the total revenue – $13.5 million, behind only revenue from the desktop browser.

That revenue was up 22 percent, to $15.7 million, EUR12.7 million from the same period last year from the 55 million people that use the Opera browser. However, That number hasn’t changed from the end of 2011 so Opera are making more ad revenue per user.

But its clear from the figures that the fastest growing market for Opera is the mobile market, so it must push ahead with that if it wants to sustain growth.

Source

 

Ryan Martin

Disqus Comments Loading...

Recent Posts

BenQ MOBIUZ EX2710Q 27″ QHD 165Hz 1ms, HDRi IPS Gaming Monitor

SpeakersSpeakersYesSpeaker amount and power output2x 2 WattDimensionsLength / Depth252.5 mmWidth614 mmHeight525.8 mmWeight7.4 kgStandards / SpecificationsAdaptive…

2 hours ago

Intel Core i7-12700KF 3.60GHz Socket LGA1700 Processor

Thermal SpecificationsMax. TDP125 WCPUCPU ManufacturerIntelCPU SeriesIntel Core i7CPU Socket1700CPU ArchitectureIntel Alder Lake-SCPU Cores12CPU Threads20Performance Cores8Efficiency…

2 hours ago

AOC 24B3HA2 24″ 1920×1080 VA 100Hz 1m Widescreen LED Multimedia Monitor 

AOC 24B3HA2 23.6 1920x1080 VA 100Hz 1m Widescreen LED Multimedia Monitor - Black High-performance clarity…

2 hours ago

Corsair Hydro Series iCUE Link H115i RGB Performance Liquid CPU Cooler

Fan SpecificationsFan Size140 mmColourPrimary ColourBlackSecondary ColourWhiteMaterialsMaterialsAluminium, Copper, RubberLightingLightingYesLighting ColourRGBLighting CompatibilityCorsair iCUEAdditional ContentsIncluded fans2x 140 mmTypeCPU…

2 hours ago

Philips Evnia 34″ 34M2C6500/00 3440×1440 QD-OLED 175Hz 1ms FreeSync Curved Ultrawide Gaming Monitor

This monitor is built with features that make incredible visuals. With VESA ClearMR 9000 and…

2 hours ago

Asus Radeon RX 7900 XTX TUF OC 24GB GDDR6 PCI-Express Graphics Card

The AMD RDNA™ 3 Architecture elevated by buffed cooling and power delivery to effortlessly churn…

2 hours ago