Mozilla Inc has seen a sharp upslope in its revenue graph. The revenues for Firefox maker has rose 13% over the year before.

The credit goes to Google, for this increment in revenues. Seeing the sharp increment in profits, the organization plans to continue its partnership with search giant Google Inc.

The deal with Google is proving fruitful for Mozilla Inc, with the bulk of the year’s income coming from Mozilla’s search deal with Google.

The financial statements indicated that search royalty payments accounted for $68.2 million, or 91% of 2007’s revenues.

As per agreement that is to be expired this month between Mozilla and Google, Google pays the former for assigning the latter as the default search engine in Firefox, and for click-through on ads placed on the ensuing search results pages.

To carry on the profits, Mozilla renewed the deal with Google last August, and signed a three-year contract that ends in November 2011.

But the growth in revenues has not kept pace with growing user base. In the period from 2006 to now, the number of people using Firefox on a daily basis nearly doubled.

The financial statement also showed that Mozilla’s expenses incremented in 2007, climbing 68% to $33.3 million.

According to the data collected, Firefox accounted for nearly 20% of all browsers used during October.

Renu Singh/ITVoir Network