Mandrakesoft: 39% Increase in Revenues for the Third Fiscal Quarter

“During the third quarter of 2003/2004, Mandrakesoft produced a
consolidated revenue of 1.50 M€ [US$1.8 million] and a gross
margin of 1.25 M€ [US$1.5 million], a respective increase of
39.1% and 66.7% compared with the same period of the previous
fiscal year. The gross margin is the highest on record, and quarter
by quarter there is an acceleration in its rate of growth (Q1
+29.8%, Q2 47.7%, Q3 +66.7%)

“During the quarter, the company registered an operating income
of 0.17 M&euro [US$204,000]; (0.04 € [US$.05] per share)
compared to an operating loss of 0.47 M€ [US$565,000] during
the same period of the previous fiscal year. The net income
increased to 0.19M€ [US$228,000] (0.04 € [US$.05] per
share) compared to a net loss of 0.37 M€ [US$445,000] during
the previous fiscal year…”

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