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Canonical Saw $251M In Revenue Last Year, Grew To More Than 1K Employees
Ubuntu maker Canonical (Canonical Group Limited) recently filed their financial statements with UK's Companies House that offers a fresh look at their financial performance.
It appears much of their recent financial uplift comes from Ubuntu Pro paid customers and subscription and services up-sales in the public cloud channel. Those curious about the financial health and performance of Canonical can find the recently published data on Companies House. Over the years there has been on and off talk of Canonical potentially carrying out an IPO -- most recently of plans for it to happen in "2023", we'll see if/when it finally occurs with their financial performance continuing to improve and the company continuing to explore more into professional offerings especially in the cloud and Ubuntu doing well with all the hype around "AI".
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