tucowsblog.com— When AJAX based online calendar Kiko sold on eBay for a quarter million dollars last month there was much speculation about who bought it and why. The buyer finally revealed itself today.
Sep 5, 2006View in Crawl 4
You should spend more time understanding basic financial terms, instead of wasting time proving something that you apparently do not understand. Revenue is NOT income, many companies have billions of dollars in revenue, but have negative income, such as Ford or GM. Also, having a larger than market cap revenue is very common, for example GM have a 205 Billion dollar annual revenue, but GM's market cap is 17.22 Billion.
Yeah, but the trend of this world is that the business people get the money and the orginal authors just get the small amount for selling theird idea. Sad..
Man, Kiko didn't even leave Tucows any positive feedback after the auction. I'm gonna remember that next time I think about buying a quarter-million dollar web app from them.
trealtneySep 6, 2006
Tucows has never had $70mm in revenues (that's more than their market cap). They had an operating income of only $1.85mm in 2005. <a class="user" href="http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=NQ_-jAWGR690mcu&ID=4285845#A06-2985_210K_HTM_ITEM6_SELECTEDFINANCIALDATA_091422">http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=NQ_-jAWGR690mcu&ID=4285845#A06-2985_210K_HTM_ITEM6_SELECTEDFINANCIALDATA_091422</a>
Closed AccountSep 6, 2006
You should spend more time understanding basic financial terms, instead of wasting time proving something that you apparently do not understand. Revenue is NOT income, many companies have billions of dollars in revenue, but have negative income, such as Ford or GM. Also, having a larger than market cap revenue is very common, for example GM have a 205 Billion dollar annual revenue, but GM's market cap is 17.22 Billion.
ecaziSep 6, 2006
Kiko seems to have a bias against IE (not that I mind). They have three icons for their supported browsers in the upper right of the front page, but the Firefox icon is linked to <a class="user" href="http://www.mozilla.com/firefox">http://www.mozilla.com/firefox</a> and the IE icon is linked to <a class="user" href="http://getfirefox.com">http://getfirefox.com</a>
digg_harrisonSep 6, 2006
Yeah, but the trend of this world is that the business people get the money and the orginal authors just get the small amount for selling theird idea. Sad..
felchdonkeySep 6, 2006
Man, Kiko didn't even leave Tucows any positive feedback after the auction. I'm gonna remember that next time I think about buying a quarter-million dollar web app from them.
szembekSep 19, 2006
@discreet: god forbid you actually put the name of the f**king company in the summary!!!