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Mandrakesoft: 49% Revenue Growth in Second Half of Fiscal Year

Nov 09, 2004, 14:30 (7 Talkback[s])

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"Mandrakesoft's revenue for fiscal year 2003-2004 has reached 5.18 millions Euros, representing a 33% increase over the previous year. This revenue is the highest in the company's history. The revenue growth strongly accelerated during H2 2003/2004, with a 49% year over year rise in revenues, when compared to a 21% year over year increase in H1.

"The growth factors remain online sales, licenses, and Mandrakelinux User Club subscriptions. Those revenue lines amount to 77% of consolidated revenue (compared to 66%, 43% and 11% in each of the three previous years)..."

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