November 18, 2022  SEONews

Mozilla increased revenue significantly in 2021 – Ghacks

Mozilla published its annual audited financial statement for the year 2021, and the outlook could not be better.

The organization managed to increase total revenue to $600 million, an increase of more than $100 million compared to the year 2020. Search engine royalties, especially paid by Google but also other search engine companies, increased by more than $80 million in the year to $527 million.

While that is impressive growth, subscription and advertising revenue grew even more. Last year, Mozilla earned $24 million from subscriptions and advertising. In 2021, revenue grew to $56 million.

Mozilla’s main revenue sources grew considerably. In fact, 2021’s revenue is second only to 2019’s revenue, but only because of a one-time payment Mozilla received in the year from Yahoo.

The organization managed to reduce expenses significantly in 2021 next to that. Total expenses were $339 million in 2021, a reduction of more than $100 million when compared to 2020’s $438 million.

Software…

Read Full Story: https://news.google.com/__i/rss/rd/articles/CBMiUmh0dHBzOi8vd3d3LmdoYWNrcy5uZXQvMjAyMi8xMS8xOC9tb3ppbGxhLWluY3JlYXNlZC1yZXZlbnVlLXNpZ25pZmljYW50bHktaW4tMjAyMS_SAQA?oc=5

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source: https://news.oneseocompany.com/2022/11/17/mozilla-increased-revenue-significantly-in-2021-ghacks_2022111736013.html

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