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FYI: Since they're a Swedish AB/aktiebolag their financial numbers are publicly available: https://www.allabolag.se/5567839807/amagicom-ab https://www.allabola
by tpmx 5y ago
FYI: Since they're a Swedish AB/aktiebolag their financial numbers are publicly available:
https://www.allabolag.se/5567839807/amagicom-ab https://www.allabolag.se/5567839807/amagicom-ab
Surprisingly humble numbers. 2020 revenue was ~$2M.
- Kiro 5y agoAccording to their annual report (which you can download for free from hitta.se) they transferred Mullvad to the subsidiary Mullvad VPN AB in 2020, which had a revenue of $4M: https://www.allabolag.se/5592384001/mullvad-vpn-ab https://www.allabolag.se/5592384001/mullvad-vpn-ab
- tpmx 5y agoGood catch. 2021 revenue will probably be quite a bit more, then.
- scns 5y agoWell, i'd assume that only a smaller part of the computer using part of humanity knows what a VPN is. Since they are offering a service out of ideolical reasons, with competitors that advertise agressively, a low revenue/profit is totally fine with me. Enough to keep the lights on and build reserves. Citizens of rich countries can be contended with what they have, which is a lot if you look at the other 90% of humanity. Even if, you are "poor" by your counties standard can still feel rich, content and happy.