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There was a conversation about their 2020 financial report a couple months back: https://news.ycombinator.com/item?id=27872949 https://news.ycombinator.com/item
by simantel 5y ago
There was a conversation about their 2020 financial report a couple months back: https://news.ycombinator.com/item?id=27872949 https://news.ycombinator.com/item?id=27872949
From the source article:
> Canonical Holdings Limited saw revenue grow from $119M in 2019 to $138M in 2020. While Canonical Holdings was at an operating loss of $2M in 2019, during 2020 that turned around and they ended with an operating profit of $20M. The average employee headcount also rose from 473 in 2019 to 505 in 2020. Granted, that's still down from their 700+ employees years ago when pursuing Ubuntu Touch and their other ambitions before laying off staff and focusing more on the enterprise, IoT, and cloud commercial operations.