Navigation
Financial Q3 results for 2008
Mandriva today reported its financial and operating results for the third quarter 2008.
Turnover for the quarter is 0.83 million Euros, trading revenue is 1.04 million Euros,
costs are 1.67 million Euros and the operating loss is 0.64 million Euros.
Turnover and operating results, compared with the 3rd quarter 2007, were 29 per cent down, costs fell by 5 per cent.
The company underlines the prudent management of operating costs which fell by 5 per cent.
Mandriva’s continuing operations reveal a loss of 1.17 million euros YTD . The trading loss for the comparable period is down by more than 50 per cent.
| (M€) | T4 2007 (07-09/07) (1) |
T1 2008 (01-03/08) (1) |
T2 2008 (04-06/08) (1) |
T3 2008 (07-09/08) (1) |
30/09/08 YTD (01-09/08) (2) |
30/09/07 YTD (01-09/07) (2) |
Variance YTD |
|---|---|---|---|---|---|---|---|
| 3 m. | 3 m. | 3 m. | 3 m. | 9 m. | 9 m. | ||
| Chiffre d'affaires | 1,13 | 1,32 | 1,26 | 0,83 | 3,41 | 3,02 | 13 % |
| Produits d'exploitation | 1,24 | 1,58 | 1,47 | 1,04 | 4,08 | 3,51 | 16 % |
| Dépenses | 1,76 | 1,63 | 1,76 | 1,67 | 5,06 | 5,43 | -7 % |
| Résultat d'exploitation | -0,52 | -0,06 | -0,29 | -0,64 | -0,98 | -1,92 | -49 % |
| Résultat financier | -0,06 | -0,03 | -0,02 | -0,02 | -0,07 | -0,11 | -33 % |
| Résultat courant | -0,58 | -0,09 | -0,31 | -0,66 | -1,05 | -2,03 | -48 % |
| Résultat exceptionnel | -0,09 | 0,00 | 0,00 | -0,01 | -0,01 | -0,3 | -96 % |
| Impôts (CIR) | |||||||
| Résultat avant amortissement des écarts d'acquisition (Goodwill) | -0,66 | -0,09 | -0,31 | -0,67 | -1,07 | -2,33 | -54 % |
| Amortissement d'écart d'acquisition | -0,14 | -0,04 | -0,04 | -0,04 | -0,11 | -0,35 | -69 % |
| Résultat Net | -0,80 | -0,12 | -0,35 | -0,70 | -1,17 | -2,68 | -56 % |
Turnover was affected by lower-than-expected OEM trading which remains a significant sector for short and mid-term development for Mandriva.
The OEM (Original Equipment Manufacturer) turnover represents 17 per cent of the total, the business turnover comes to 64 per cent, and the Community (Linux users) turnover makes up 19 per cent.
Mandriva Mini, a solution devoted to OEMs and ODMs (Original Design Manufacturers),
represents a major growth route.
Improvement actions include the distribution of the first Mandriva-based Netbooks following the last road book schedule.
The business market saw the highly successful deployment of Pulse 2 across 18,000 machines which is currently being extended to 85,000 machines on 1,200 sites. With more than 100,000 machines, Pulse 2 is the open source leader in heterogeneous IT stock management. A large number of public and private sector organisations in Europe, notably those having planned a migration to Microsoft Windows Vista or Linux, have expressed an interest on Pulse 2.
The Community sector has seen new revenue growth through a system of affiliations. Mandriva Linux 2009 was launched in October and Mandriva Flash 2009 is scheduled for release in December 2008.
About Mandriva
Mandriva, formerly known as Mandrakesoft, is the publisher of Mandriva Linux, an easy-to-use and innovative operating system. It is one of the most popular Linux editions in the world. Dedicated to making open source technologies accessible to all users, the company offers a full range of products and services to individuals, enterprises and government organizations. Mandriva products are available online in 80 languages and in more than 140 countries through dedicated channels. Headquartered in Paris, France, the company is publicly traded on the Euronext Marche Libre.
More information at http://www.mandriva.com/ .
Press contacts
- Vanessa Wall - vwall@mandriva.com - +33 (0) 1 40 41 97 29
- Mélody Mansuy – mmansuy@mandriva.com – +33 (0) 1 40 41 17 64