Financial Performance & Guidance - Opera achieved 17 consecutive quarters of Rule of 40 performance, driven by organic growth[11] - The company's 2025 revenue guidance is $591 million, representing a 23% growth[14] - The 2025 adjusted EBITDA guidance is $138 million, with a 23% margin[20, 21] - Q3 2025 revenue guidance is $148 million, representing 20% growth[89] - Since 2020, Opera has returned approximately $477 million to shareholders[16, 17, 98] User Base & Monetization - Opera has approximately 289 million average monthly active users (MAUs) in Q2 2025[12, 13] - Western markets account for 58 million MAUs[13] - ARPU has grown 3.1x over the last 4 years[18, 19] - Advertising accounts for 65% of revenue in Q2 2025, with 44% year-over-year growth[66, 69] - Search accounts for 35% of revenue in Q2 2025, with 11% year-over-year growth[66, 73] Opera GX - Opera GX has 33 million users[45] - Opera GX users represent 8% penetration of web users[52]

Core Viewpoint - Firefox browser is reportedly planning to shut down its operations in China and terminate account services, indicating a potential exit from the Chinese market [1][3][6]. Group 1: Company Operations - Multiple media outlets have reported that Firefox is set to close its Chinese operating company, Beijing Mozhi Firefox Information Technology Co., Ltd., and cease services in the region [1][4]. - Users in China have experienced instability and access issues with the Firefox browser, leading to speculation about the company's future in the market [3][4]. - The company has not officially responded to public concerns, and its social media updates have not occurred since 2023, suggesting a lack of active engagement [6][9]. Group 2: Financial and Legal Issues - Data from Tianyancha indicates that the Chinese operating entity has multiple enforcement records, with the highest amount exceeding 35.6 million RMB (approximately 5.1 million USD) [4][5]. - The company faces significant financial challenges, which may contribute to its decision to exit the market [4][16]. Group 3: Market Context - Firefox initially gained popularity in China after its launch in 2004, reaching a peak market share of 31.56% in 2009, with active users reaching 244 million [10][12]. - The rise of Google Chrome, which surpassed Firefox in market share by 2012, has significantly diminished Firefox's presence in the browser market [14][16]. - Firefox's revenue model, primarily based on search engine partnerships, has proven insufficient in the competitive Chinese market, where local browsers offer additional services [16][17].