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v3.25.1

Consolidated Statement of Operations - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Statement Line Items [Line Items] |  |  |
Revenue | $ 480,648 | $ 396,827 | $ 331,037
Other operating income | 2,367 | 666 | 469
Operating expenses: |  |  |
Technology and platform fees | (10,010) | (3,145) | (4,104)
Content cost | (3,891) | (4,297) | (3,834)
Cost of inventory sold | (118,658) | (85,808) | (46,650)
Personnel expenses, including share-based compensation | (79,658) | (82,750) | (74,588)
Marketing and distribution expenses | (131,951) | (109,947) | (114,988)
Credit loss expense | 784 | (3,967) | (1,387)
Depreciation and amortization | (15,582) | (13,165) | (13,939)
Impairment of non-financial assets | (113) | (681) | (3,194)
Other operating expenses | (31,674) | (30,842) | (27,015)
Total operating expenses | (390,753) | (334,603) | (289,699)
Operating profit | 92,262 | 62,890 | 41,808
Share of net loss of equity-accounted investees | (2) | 0 | (6)
Fair value gain on long term investments | 5,000 | 89,838 | 1,500
Finance income | 3,577 | 8,876 | 21,454
Finance expense | (586) | (644) | (39,729)
Foreign exchange gain (loss) | (1,839) | (963) | (1,157)
Net finance income (expense) | 1,152 | 7,269 | (19,432)
Income before income taxes | 98,412 | 159,997 | 23,870
Income tax expense | (17,642) | (6,697) | (8,835)
Net income attributable to Opera shareholders | $ 80,771 | $ 153,301 | $ 15,035
Earnings per share: |  |  |
Basic | $ 0.91 | $ 1.72 | $ 0.14
Diluted | $ 0.9 | $ 1.69 | $ 0.14

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