Canonical's FY2017 Performance: $126 Million, Nearly 600 Employees
While Red Hat is on track for a run rate of nearly three billion dollars for their current fiscal year, Canonical - the company behind Ubuntu - isn't quite there yet while still dominating the cloud landscape and other areas.
Canonical Group Limited and its Canonical UK Limited organization have filed their fiscal year 2017 data with Companies House in the UK this week. Canonical's 2017 fiscal year ended back on 31 March.
For their 2017 fiscal year they took in $126 million which is better than the prior year and their headcount grew from 496 to 566. On that $126 million, for their fiscal year they managed a net profit of just two million.
Also: Ubuntu 17.10 PULLED: Linux OS knackers laptop BIOSes, Intel kernel driver fingered
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