Slide 1: 2Q05 Results – Highlights Second Quarter 2005
Opera - Simply The Best Internet Experience 2Q05 Results August 22, 2005 Opera - Simply The Best Internet Experience Highlights – Second Quarter 2005 Amended contract with Motorola Allows Motorola to include Opera on all handsets across major operating systems important milestone for Opera Sof
Slide 2: Profit and loss account – 2Q05
Opera - Simply The Best Internet Experience Profit and loss account – 2Q05 PROFIT AND LOSS ACCOUNT Second Quarter Full year (Figures in TNOK) 2004 2005 2004 Revenues, PC/Desktop 7 208 6 970 33 439 Revenues, Internet Devices 15 986 33 447 65 886 Other income 87 565 0 87 689 Total Operating Revenues 1
Slide 3: Our goal - at least double the number of models; Balance sheet
Opera - Simply The Best Internet Experience Our goal - at least double the number of models also in 2005 Nokia 7710 Casio W21CA Motorola E895 Nokia 6620* Motorola E680i Nokia 9300 Hitachi W32H Motorola A780 Nokia 6682 Sony Ericsson P910 Nokia 6681 Motorola A1000 Nokia 6680 Sendo X Nokia 7610 Toshiba
Slide 4: Growth trend confirmed; Financial outlook
Opera - Simply The Best Internet Experience Growth trend confirmed Per year* Per quarter* 110 45 100 40 90 80 35 70 30 60 50 25 40 20 30 20 15 10 10 0 5 -10 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 -20 0 -30 1Q03 2Q03 3Q03 4Q03 1Q04 2Q04 3Q04 4Q04 1Q05 2Q05 -5 -40 -50 -10 Operating income E
Slide 5: Financial outlook, cont'd; Opera Mini ensures solutions
Opera - Simply The Best Internet Experience Financial outlook, cont’d Cautious Desktop revenue expectations for 2005 Changes in business model to ensure further growth in 2006 Limited growth opportunities in R&D related income The organisation will continue to grow 2005 to be the first yea
Slide 6: Opera Mini Enables Full Web Browsing; Opera moving up the value chain
Opera - Simply The Best Internet Experience Opera Mini™ Enables Full Web Browsing on Java Capable Devices Opera Mini Opera Mini Servers Internet Small Java application Features full Opera browser engine Web content and Browser user interface Renders pages with Opera SSR* mobile content from in
Slide 7: Opera Mini will provide new sources of revenue
Opera - Simply The Best Internet Experience Opera Mini will provide new sources of revenue • NRE* • Revenue Share Content providers • Monthly Subscription • Royalty per unit • NRE* Telcos • Royalty per unit • Support & maintenance Handset • NRE* manufacturers • Royalty per unit • Support & maintenan
Slide 8: Handset shipment forecasts; Mobile phones – strengthened market position
Opera - Simply The Best Internet Experience Handset shipment forecasts by Category Opera has historically mainly been included on Smartphones 1000 900 800 Phones get more advanced 700 Increased memory 600 500 Improved screens 400 300 200 Opera has now entered the 100 featurephone market 0
Slide 9: Opera Desktop – Business model to be revised; Home media
Opera - Simply The Best Internet Experience Opera Desktop – Business model to be revised License income from Opera 8 lower than expected in 1H05 Increased “free” competition with more alternatives Income- and distribution model revised Shift in income streams from licence towards partner inc
Slide 10: Structuring for future growth; Summary – positioned for growth
Opera - Simply The Best Internet Experience Structuring for future growth New organisation structure Increased focus on business units Recruiting three business unit managers Timo Bruns head of Mobile Phones Other two candidates will be recruited internationally Assev, CCO, responsible for