The Mozilla Foundation has posted a 21
per cent rise in revenues over 2006, increasing its earnings to $66.8m.
Earnings before interest, tax. depreciation, and amortization (Ebitda)
reached 47m, up 5.2 per cent from last year.
The Mozilla foundation oversees development of the open source
Firefox browser as well
as projects such as the
Thunderbird email
client and the
Seamonkey internet
suite.
Mozilla makes most of its money from a partnership with Google. The search
giant is the default search engine in Fifefox's built-in search function.
Mozilla last year received $61.5m from search royalties, the majority of which
comes from Google.
Mozilla nearly doubled its programming expenses, which go mostly to paying
the salaries of 90 developers who work for the group. The foundation's headcount
outgrew revenues. In a blog posting, the foundation's Mitchell Baker projected a
continuing hiring spree.
Hosting costs for Mozilla's websites were the second highest cost items. The
group last year served up 600,000 daily Firefox downloads and 25 million daily
update requests.
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