Mandrakesoft: Mandrakesoft 2003/2004: Back to Profitability
Dec 01, 2004, 16:00 (10 Talkback[s])
"In fiscal year 2003/2004, Mandrakesoft's consolidated sales
revenue reached 5.18 million euros [US$6.89 mil] and operating
revenue reached 6.29 million euros [US$8.37 mil]. This represents
strong growth of 33% and 58%, respectively, compared to FY
2002/2003. The additional growth in operating revenue, beyond the
portion attributable to the growth in sales revenue, is due to
R&D grants received, amounting to 0.67 million euros [US$.89
mil], and to a reversal of provisions for doubtful accounts,
amounting to 0.27 million euros [US$.36 mil]..."
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