Strong Revenue Growth
Year-over-year revenue growth accelerated from 17% in the first half of 2024 to 29% in Q4, beating the guidance by 800 basis points.
Advertising Revenue Surge
Advertising revenue was $93 million in Q4, growing 38% year-over-year, driven by e-commerce opportunities within Opera Ads.
User Growth in High-ARPU Regions
Users in Western markets grew by 3.5 million, with North America and Europe now representing almost 19% of the user base, up from 16% a year ago.
High ARPU Growth
Annualized ARPU grew 33% year-over-year to $1.98, marking the highest ARPU growth in two years.
Product Innovations
New versions of Opera GX and Opera One were released, featuring AI capabilities and revamped designs, contributing to user growth.
Opera GX User Growth
User base of Opera GX grew to 33.9 million MAUs, up 22% year-over-year.
Positive EBITDA Performance
Adjusted EBITDA came in above the high end of the guidance range, at $33 million or a 23% margin.