was trademarked in connection with clothing and accessories. In a Guardian interview in May 2008, Shuttleworth said that Canonical's business model was service provision and that Canonical was not yet close to profitability. Canonical stated that it would wait three to five years to become profitable. Shuttleworth regarded Canonical as positioning itself as demand for services related to free software rose. This strategy has been compared to Red Hat's business strategies in the 1990s. In an early-2009 New York Times article, Shuttleworth said that Canonical's revenue was "creeping" towards , the company's break-even point. Canonical achieved a small operating profit of $281,000 in 2009, but until 2017 struggled to maintain financial solvency and took a major financial hit from the development of Unity and Ubuntu Touch, leading to an operating loss of $21.6 million for the fiscal year 2013. The company reported an operating profit of $2 million in 2017 after shutting down the Unity development team and laying off nearly 200 employees. The company now plans to focus on its server and professional support solutions, which have proved to be most profitable. Through this, Canonical plans to maintain solvency and achieve long-term profitability. Subsidiaries Canonical Group Ltd is located in London. Canonical USA Inc. is located in Boston, Massachusetts and Austin, Texas. Canonical China Ltd () is located in Shanghai and Beijing. Canonical Ltd Taiwan Branch () is located in Taipei. Canonical Limited is located in Isle of Man and Tokyo (Japan). Canonical Brasil Ltd is located in São Paulo (this office is no longer listed on their website). Canonical Canada Ltd is located in Montreal (the office is no longer in service). Employees Canonical has more than 600 employees. The head office is in London on the 5th Floor of the Blue Fin Building, Southwark Street, having previously moved from the 27th floor of Millbank Tower. In the summer of 2006, Canonical opened an office in Montreal to house its global support and services operation. Taipei 101 is also home to a Canonical office. There was formerly an OEM team in Lexington, Massachusetts, United States. Current Notable current employees of Canonical include: Mark Shuttleworth, CEO and founder of the Ubuntu project, former Debian maintainer of Apache and founder of Thawte Consulting (2004–), CEO until March 2010 and from July 2017 to present Jane Silber, Board of Directors, formerly CEO (March 2010-July 2017); formerly COO and leader of the