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I'm proud of what we achieved in 2017, especially given the incredible transformation in strategy and team structure. More revenue while spending less = magic! Plus, the financial strength we've built will allow us to make some good-sized bets this year. Boom!

We earned $47.4 million in GAAP revenue in 2017, an increase of 11% from 2016.

$47.4 ملین 2017 کی آمدنی

We reduced all of our expenses in 2017. Cost of armenia number data increased slightly to $11.8 million. We aggressively reduced operating expenses. What do we spend on, and curious about the trends? Check out this breakdown of our major expenses (OpEx and Cost of Revenue) as a percentage of annual revenue:

تصویر: 2013 سے 2017 تک کے بڑے اخراجات کا گراف

We generated cash, positive EBITDA, and for the first time in Moz's recent history, our net income was positive.



This is quite a change from 2016, in which we closed the year with negative EBITDA of $5.7 million! We turned around EBITDA! We have now moved from a cash flow neutral to a positive operating philosophy to be ready for some future investments. We may decide to go cash flow negative again to fund further growth.