17.28
-1.37%
Close of 9 Nov 2026, in NOK
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About Otello Corporation A
Its shares trade on Oslo Børs under the ticker OTEC.OL. It has been listed since 11 March 2004. In the fiscal year to 31 December 2022, it reported revenue of $200,000 and net income of $16.0m. At that date it held total assets of $109.8m and shareholders' equity of $107.4m.
Otello Corp. ASA is a holding company which engages in providing web browsers and mobile advertising services. The company is headquartered in Oslo, Oslo. The company went IPO on 2004-03-11. The company provides cloud-based mobile services and solutions to operators, publishers and advertisers. The Company, along with its subsidiaries, provides such products as Opera browser, which is designed to a range of devices, from simple phones to the latest-generation smart phones and tablets; Opera Mediaworks, which comprises a mobile advertising platform and mobile advertising network AdVine; and Operator solutions, which provide cloud-based access, including network management and video optimization, flexible mobile-data-plan provisioning and vending, and advertising enablement. Its subsidiaries include Hern Labs AB, Opera Distribution AS, Netview Technology AS, Opera Software International AS and Bemobi, subscription-based mobile application and games discovery service.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Media
- Listed since
- 11 Mar 2004
- Employees
- 616
- Website
- operasoftware.com ↗
Leadership
Pay as last reported
- Mr. Frank BlakerNon-Executive Independent Chairman of the Board
- Mr. Jason HoidaChief Executive Officer$868,140
- Mr. Scott Andrew KerrisonChief Financial Officer$84,660
- Ms. Silje AugustsonDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 38
- Environment
- 43
- Social
- 36
- Governance
- 36
- Women in the workforce
- 17%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market presence: Otello Corporation has established a significant market share in its industry, allowing it to benefit from economies of scale and a wide customer base.
- Robust product portfolio: The company offers a diverse range of high-quality products that cater to different customer preferences, ensuring a competitive edge in the market.
- Technological expertise: Otello Corporation possesses strong technological capabilities, enabling it to innovate and develop cutting-edge solutions, which attracts customers and drives growth.
Weaknesses
- Dependence on key customers: The company relies heavily on a few major customers for a significant portion of its revenue. Any loss of these key clients could have a detrimental impact on the company's financial performance.
- Limited geographic presence: Otello Corporation primarily operates in a specific region, limiting its exposure to potential growth markets in other regions.
- Relatively high production costs: The company's production costs are comparatively higher than some competitors, potentially affecting its ability to offer competitive pricing.
Opportunities
- Expanding into new markets: Otello Corporation could explore entering untapped markets, both domestically and internationally, to broaden its customer base and increase revenue streams.
- Embracing digital transformation: The company can leverage digital technologies to enhance its operational efficiency, improve customer experience, and stay ahead of emerging industry trends.
- Strategic partnerships and acquisitions: Collaboration with other industry players or acquiring complementary businesses can provide opportunities for diversification and expanding market reach.
Threats
- Intense competition: Otello Corporation operates in a highly competitive industry with numerous established competitors, which may intensify pricing pressure and erode market share.
- Economic downturns: During economic downturns or recessions, consumer spending on non-essential goods, such as those offered by Otello Corporation, may decrease, impacting sales and profitability.
- Technological advancements: Rapid technological advancements in the industry could render the company's existing products obsolete if it fails to keep pace with innovations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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