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Side-by-side financial comparison of MakeMyTrip Ltd (MMYT) and Opera Ltd (OPRA). Click either name above to swap in a different company.

Opera Ltd is the larger business by last-quarter revenue ($142.7M vs $88.6M, roughly 1.6× MakeMyTrip Ltd).

MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. Founded in 2000, it operates an online travel-booking platform for travel services such as airline tickets, hotel reservations, holiday packages, and rail and bus tickets. The company also maintains offices outside India, including locations in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai and Istanbul.

Opera is a multinational technology corporation headquartered in Oslo, Norway, with additional offices in Europe, China, and Africa. Opera offers a range of products and services that include PC and mobile web browsers, GameMaker and gaming portals, the Opera News content recommendation products, the Opera Ads platform, and a number of Web3 and e-commerce products and services. The company's total user base is 296 million monthly active users.

MMYT vs OPRA — Head-to-Head

Bigger by revenue
OPRA
OPRA
1.6× larger
OPRA
$142.7M
$88.6M
MMYT

Income Statement — Q4 FY2022 vs Q1 FY2025

Metric
MMYT
MMYT
OPRA
OPRA
Revenue
$88.6M
$142.7M
Net Profit
$18.3M
Gross Margin
Operating Margin
3.8%
14.8%
Net Margin
12.8%
Revenue YoY
11.8%
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MMYT
MMYT
OPRA
OPRA
Q1 25
$142.7M
Q2 24
$211.6M
Q1 22
$88.6M
Q4 21
$115.0M
Q3 21
$67.5M
Q2 21
$32.8M
Net Profit
MMYT
MMYT
OPRA
OPRA
Q1 25
$18.3M
Q2 24
$34.1M
Q1 22
Q4 21
Q3 21
Q2 21
Operating Margin
MMYT
MMYT
OPRA
OPRA
Q1 25
14.8%
Q2 24
19.6%
Q1 22
3.8%
Q4 21
-5.4%
Q3 21
-11.8%
Q2 21
-59.4%
Net Margin
MMYT
MMYT
OPRA
OPRA
Q1 25
12.8%
Q2 24
16.1%
Q1 22
Q4 21
Q3 21
Q2 21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MMYT
MMYT
OPRA
OPRA
Cash + ST InvestmentsLiquidity on hand
$213.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$896.5M
Total Assets
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMYT
MMYT
OPRA
OPRA
Q1 25
Q2 24
Q1 22
$213.3M
Q4 21
Q3 21
Q2 21
Stockholders' Equity
MMYT
MMYT
OPRA
OPRA
Q1 25
Q2 24
Q1 22
$896.5M
Q4 21
Q3 21
Q2 21
Total Assets
MMYT
MMYT
OPRA
OPRA
Q1 25
Q2 24
Q1 22
$1.3B
Q4 21
Q3 21
Q2 21

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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