OPay Limited (OPAY)

OPay Limited will go public soon, but the exact IPO date is still unknown.

IPO Price

$19.00

Shares Offered

16,000,000

Deal Size

$304.00M

OPay Limited Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	805.83	536.25	205.73
Revenue Growth	-	160.66%	-
Gross Profit	805.83	536.25	205.73
Selling, General & Admin	-	123.25	69.45
Research & Development	-	95.15	79.6
Other Operating Expenses	0	210.76	91.79
Operating Expenses	-	429.15	240.83
Operating Income	202.54	107.1	-35.1
Interest Expense (Income)	-4.21	-2.11	-3.06
Other Expense (Income)	-2.73	-1.58	15.01
Pretax Income	117.69	21.32	-100.29
Income Tax	67.85	38.32	3.78
Net Income	141.63	72.47	-50.83
Net Income Common	49.84	-17	-104.07
Net Income Growth	-	-	-

Additional Metrics

Year Ending	TTM	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	308.73	149.14	47.61
Free Cash Flow Growth	-	213.22%	-
Gross Margin	100.00%	100.00%	100.00%
Operating Margin	25.13%	19.97%	-17.06%
Profit Margin	6.19%	-3.17%	-50.59%
Free Cash Flow Margin	38.31%	27.81%	23.14%
Effective Tax Rate	57.65%	179.74%	-
EBITDA	207.83	113.15	-33.56
EBITDA Margin	25.79%	21.10%	-16.31%
Depreciation & Amortization	2.56	4.46	16.55
EBIT	205.27	108.68	-50.11
EBIT Margin	25.47%	20.27%	-24.36%