Caldera International,Inc.:2002 Annual Report

Topics:
Investor Relations
Tags:
Caldera International,
Software,
SCO Group Inc.,
Revenue,
Operational Accounting,
Operating Systems,
Open Source,
Finance,
Caldera Systems Inc.,
UNIX
Source:
Caldera International

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Overview: "Caldera International,Inc presents the annual report for the fiscal year ended October31, 2002. The aggregate market value of the common stock beneficially owned by non-affiliates of the Registrant was approximately $6.3million based upon the last sale price reported for such date on The Nasdaq Stock Market. For purposes of this disclosure,shares of Common Stock held by persons who hold more than 5% of the outstanding shares of Common Stock and shares held by officers and directors of the Registrant have been excluded because such persons may be deemed to be affiliates. During this same three-quarter period, we reduced our quarterly operating costs from $14.3million to $12.3million. We expect to continue to benefit from these cost cutting efforts in fiscal year 2003 and anticipate that our SCO OpenServer and SCO UNIXWare products will continue to provide a consistent revenue stream, although they will represent a decreasing percentage of total revenue. These UNIX products have a strong customer base and constitute a well-known brand with a reputation for quality and reliability. With our recent release of SCO Linux 4.0, we believe we have a commercially viable Linux operating system designed to meet the needs of the small business customer. The company have recently initiated efforts to garner value from our intellectual property assets and believe it will provide us with additional licensing and partnering revenue opportunities. "

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Format: HTML | Size: 230KB | Date: Jan 2002 | Pages: 96


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