TeleNav 2015 Annual Report Download - page 59

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Table of Contents
48
Fiscal Year Ended June 30, 2013
2015
2014
2013
Revenue:
(as a percentage of revenue)
Product
63
%
48
%
36
%
Services
37
%
52
%
64
%
Total revenue
100
%
100
%
100
%
Cost of revenue:
Product
34
%
24
%
20
%
Services
15
%
16
%
16
%
Total cost of revenue
49
%
40
%
36
%
Gross profit
51
%
60
%
64
%
Operating expenses:
Research and development
42
%
41
%
31
%
Sales and marketing
17
%
22
%
16
%
General and administrative
15
%
17
%
13
%
Restructuring costs
1
%
3
%
1
%
Total operating expenses
75
%
83
%
61
%
Operating income (loss)
(24
)%
(23
)%
3
%
Other income, net
1
%
1
%
—
%
Income (loss) before provision for income taxes
(23
)%
(22
)%
3
%
Provision (benefit) for income taxes
(9
)%
(2
)%
—
%
Income (loss) from continuing operations, net of tax
(14
)%
(20
)%
3
%
Income from discontinued operations, net of tax
—
%
—
%
4
%
Net income (loss)
(14
)%
(20
)%
7
%