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Salesforce (CRM) FY2008 results: revenue $749 million

Salesforce, Inc. (CRM) reported revenue of $749 million for fiscal 2008, the year ended 31 January 2008. Net income was $18 million, and diluted earnings per share $0.04. The figures are the company's own, from the 10-K it filed with the SEC on 11 March 2010.

Revenue
$749 million
FY2008FY2008
Operating margin
2.7%
FY2008FY2008
Net income
$18 million
FY2008FY2008
Diluted EPS
$0.04
FY2008FY2008

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2008Last 8 years
Revenue749
Cost of revenue172
Gross profit577
Gross margin77.1%
Research and development63.8
Operating income20.3
Operating margin2.7%
Interest expense0.0
Pre-tax income46.2
Income tax23.4
Effective tax rate50.6%
Net income18.4
Net margin2.5%
Diluted EPS$0.04
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2008Last 8 years
Operating cash flow204
Capital expenditure43.6
Free cash flow161
Free cash flow margin21.5%
Cash from investing-103
Cash from financing92.7
Depreciation and amortisation24.2
Share-based compensation55.2
Diluted shares, weighted490m

Balance sheet

$ millionFY2008Last 8 years
Shareholders' equity461
Cash and equivalents279

10-K for the year ended 31 January 2008, filed 11 March 2010: the filing.