Andre Yoskowitz
21 Nov 2010 20:37
Mozilla has released their 2009 earnings statement this week, which shows explosive revenue growth for the company.
In 2008, Mozilla had $78 million in revenue, with sales surging to $104 million last year.
It is still unclear how exactly sales jumped so much, but the statement says "a majority of Mozilla revenue continues to be generated from the search functionality included in Mozilla's Firefox product from organizations such as Google, Yahoo, Yandex, Amazon, eBay and a handful of others."
One such example is how Google gives Mozilla a tiny piece of its search ad revenue as long as Mozilla makes Google the default search engine in the popular Firefox browser.
That deal will last through the end of 2011.
Expenses increased to $61 million in 2009.
140 million users worldwide actively use the Firefox browser.