Advania signed an agreement with Opera Software ASA for the expansion of its operations in Advania's green data center in Iceland. The new agreement continues the ongoing buildup at the data center with a near doubling of Opera's current capacity. Opera Software uses the data center to facilitate web browsing for more than 230 million Opera Mini users around the world. Already more than half of Iceland's Internet traffic runs through the Advania Thor Data Center, and this expansion is set to increase this traffic even further. Opera Software was one of the first companies to seize the opportunity represented by Iceland's affordable green energy and free cooling. This allows for an extremely efficient operation while still maintaining harmony with the environment since there are no carbon emissions from Iceland's energy production.

Opera Software ASA announced consolidated results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of USD 62.0 million compared to USD 46.9 million a year ago. Results from operating activities (EBIT) excl. restructuring costs was USD 14.3 million compared to USD 12.4 million a year ago. Results from operating activities were USD 12.8 million compared to USD 11.6 million a year ago. Profit before income tax was USD 1.3 million compared to USD 9.8 million a year ago. Profit for the period was USD 3.6 million compared with USD 6.6 million a year ago. Diluted earnings per share were USD 0.029 against USD 0.055 a year ago. Net cash flow from operating activities was USD 3.0 million compared to USD 12.0 million a year ago. Capital expenditures were USD 2.5 million compared to USD 12.0 million a year ago. EBITDA was USD 17.1 million against USD 14.4 million a year ago. EBITDA, excluding stock option costs was USD 18.0 million against USD 15.2 million a year ago. Adjusted EBITDA was USD18 million up from USD 15.2 million a year ago. For the second quarter, the company expects revenues to be USD 70 million to USD 74 million. They expect adjusted EBITDA USD 17 million to USD 20 million. And then on the EBIT side for quarter two, expect around USD 5.5 million from depreciation, amortization, stock option costs. And expect EBIT of USD 11.5 million to USD 14.5 million.

Opera Software ASA announced consolidated and parent earnings results for the year ended December 31, 2012. For the year, on consolidated basis, the company reported revenue of USD 216.0 million compared to USD 159.8 million a year ago. Results from operating activities (EBIT) excl. restructuring costs was USD 50.2 million compared to USD 38.1 million a year ago. Results from operating activities were USD 37.4 million compared to USD 36.4 million a year ago. Profit before income tax was USD 25.6 million compared to USD 37.1 million a year ago. Profit attributable to owners of the company was USD 17.0 million compared with USD 25.4 million a year ago. Diluted earnings per share were USD 0.140 against USD 0.210 a year ago. Net cash flow from operating activities was USD 37.6 million compared to USD 36.7 million a year ago. Capital expenditures were USD 10.4 million compared to USD 10.6 million a year ago. Adjusted EBITDA was USD 63.6 million. For the year, on parent basis, the company reported revenue of USD 160.8 million compared to USD 147.4 million a year ago. Results from operating activities (EBIT) excl. restructuring costs was USD 40.4 million compared to USD 34.8 million a year ago. Results from operating activities were USD 33.1 million compared to USD 34.4 million a year ago. Profit before income tax was USD 30.3 million compared to USD 38.3 million a year ago. Profit attributable to owners of the company was USD 21.0 million compared with USD 27.4 million a year ago. Diluted earnings per share were USD 0.173 against USD 0.227 a year ago. Net cash flow from operating activities was USD 38.3 million compared to USD 31.1 million a year ago. Capital expenditures were USD 5.2 million compared to USD 4.7 million a year ago.