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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."

2 of 183 comments (clear)

  1. Re:Mandrake Move by Anonymous Coward · · Score: 5, Informative

    Knoppix ...
    http://rz-obrian.rz.uni-karlsruhe.de/knoppix- usb/

  2. MandrakeClub Subscription by Anonymous Coward · · Score: 5, Informative

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    I do not work for Mandrake. Look at the options yourself. And remember Linux and Mandrake are not free because they don't cost anything - they are free because they are supported by people who believe they should be free.