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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."

8 of 183 comments (clear)

  1. not fp by Anonymous Coward · · Score: -1, Offtopic

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    1. Re:not fp by Anonymous Coward · · Score: -1, Offtopic

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  5. GIVE THEM A BREAK, WILL YOU? by Anonymous Coward · · Score: -1, Offtopic

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  6. Re:This just in.... by Anonymous Coward · · Score: -1, Offtopic

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  7. FAIL = YOU by Anonymous Coward · · Score: -1, Offtopic

    How do you fail not FP???