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Mandrakesoft Profitable in 2004

Posted by CowboyNeal on from the back-in-black dept.

wikinerd writes "Mandrake Linux seems to make good money for Mandrakesoft! According to its financial data it made more than 5 million Euro in revenue with the ending of the 2004 financial year. The financial result for 2004 was close to 1.4 million Euro, while in 2003 it was about -2 million. This means that Mandrakesoft is now back to profitability. Those who are interested enough can read the Mandrakesoft announcement."

4 of 24 comments (clear)

  1. Great News by Mark_MF-WN · · Score: 2, Insightful

    This is great news. Mandrake is one of the best all-around distributions. Close to the cutting-edge, extremely usable, and a library of packages exceeded only by Debian.

  2. Re:Mandrake profitable by Handbrewer · · Score: 2, Interesting

    And that is good. Mandrakes margins are pretty high, a 1.4million profit from 5million revenue is a very very high profit margin. Microsoft has an even higher margin on windows and office, if it were not for their mega failure to profit on all other products they would probably post a 95% profit margin, which can only mean one thing - software is yet to be commoditized enough or too little competititon, i dont see anyother thing in this world except for software hold such an insanely high profit margin.

    But its nice to see atleast one Linux vendor post profits :). I dont know why we clone windows looks in KDE and such, its too uninteresting to clone, we should clone MacOS X instead - Apple just posted 4x rise in earnings. Must be the sexappeal :)

  3. now they should hire more people by Pooh22 · · Score: 3, Insightful

    Mandrakesoft is doing fine, but now they are making profit again, they should work on getting more people to both fix big annoying bugs that no volunteer can/wants to handle and also get some people to drag the Club out of the desolate mess it's turned into since Deno left.

    Mandrakesoft should (and probably does) realise the profit was more of a statement to the world than something that shows long-term health.

    If they manage to hire some really good people in the first quarter of 2005, I think Mandrake 11.0 could be really good, but if they don't.... :-(

    All IMHO of course ;-) /Simon

  4. Re:Reinvestment by Mark_MF-WN · · Score: 2, Interesting

    Frankly, I'd prefer that they NOT spend it on public education (ie: advertising). I give Mandrake money now, because most of their profits go into development. If they start wasting their money on campaigns of annoyance, I'll just switch to Debian. It's bad enough they waste the money I give them on investor relations.