Corel is going public in an attempt to offset low earnings. It has filed for both Nasdaq & Toronto Stock Exchange listings & hopes to pull in just shy of $90 million in the process.

"The company lost $8.8 million on revenue of $164.0 million in the year ended November 2005 after earning $1.2 million on revenue of $111.7 million in 2004, according to the prospectus. The company moved from profit to loss due to interest expenses and amortization of deferred financing fees, financial statements included in the filing show."