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MandrakeSoft Improves Financial Health

Posted by simoniker on from the put-back-in-pot dept.

joestar writes "MandrakeSoft's latest financial results have been posted to their website. Despite a slight decrease in revenues - mostly due to the dollar/euro rate and negative effects of the Chapter 11-like protection - first results seem impressive: "the company reduced operational expenses by a factor of 5, increased gross margins by a factor of 5 and reduced its losses by a factor of 7". As a result, MandrakeSoft has been cash-flow positive since January 2003, and expects its first positive result for the current quarter! Along with latest Mandrake Linux cool products, these are excellent news in my opinion because it shows that an appropriate business model can help Linux companies greatly."

5 of 183 comments (clear)

  1. good business model until... by TWX · · Score: 5, Funny

    ...Slashdot found out and saturated their web site with so many hits that they'll spend the next three years paying for the bandwidth...

    --
    Do not look into laser with remaining eye.
  2. wow, linux is powerful! by Tibor+the+Hun · · Score: 4, Funny

    i never knew chmod 755 could do THAT for a company!

    --
    If you don't know what AltaVista is (was), get off my lawn.
  3. Re:What? by BigGerman · · Score: 4, Funny

    Because they just follow the standard path of any software/web business:
    B2C -> B2B -> B2Chapter11

  4. That name... by Anonymous Coward · · Score: 1, Funny

    I said it before, and I say it again:

    They might see more subscriptions if they would consider a name change or at least give an alternative, more business-like name to their products.

    I, for one, do not like to have an entry for 'Mandrake Club Services', paid to a French company, in my books.
    Imagine the astonishment of the taxman when I try to deduct this as a professional expense.

    1. Re:That name... by Apostata · · Score: 2, Funny

      "Imagine the astonishment of the taxman when I try to deduct this as a professional expense." ...and when he realises that you've wasted so much time worrying about the implications of $60, which is probably what you spend per month in fluffy pillows for your tired little head.

      --

      This wasn't just plain terrible, this was fancy terrible. This was terrible with raisins in it. - Dorothy Parker