Incognito opera gx4/26/2023 ![]() Song.įourth Quarter and Recent Business Highlights And finally, our consistent discipline around operating expenses ensured healthy margin expansion in accordance with our plans," continued Mr. Building upon the success we have experienced by focusing on users which yield greater monetization opportunities, whether due to geographic focus and platform broadening, or through high engagement products such as the Opera GX browser, we have driven ARPU to new highs. "In a year with a great deal of geo-political and macroeconomic uncertainty, Opera delivered 32% revenue growth for FY 2022, and increased its adjusted EBITDA margin to 21%, up 9 percentage points versus 2021. "I am very pleased that yet again we were able to outperform our expectations, on top of repeatedly raised guidance, and deliver record revenue with strong profitability and cash generation," said Co-CEO Song Lin. (1) Please see the separate section "About non-IFRS financial measures" for the definitions of adjusted EBITDA and adjusted net income (loss).
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