Tapuz 4Q report - 1.8M$ in revenue, but only 2500$ in profit
Submitted by ron on March 16, 2007 - 12:29.
Tapuz announced their 4Q financial report. Revenue were 1.8M$ (7.8M NIS), but the profit was only 2500$ (10,000NIS). Sales and marketing expenses were high, and also they paid around 100K$ in taxes (first time Tapuz pays taxes...).
Read more here (TheMarker, hebrew)