3/9/2023 0 Comments Altium designer 16 price![]() ![]() “During the fourth quarter, we observed that some of our customers preferred monthly payment terms, as they contended with COVID-19 conditions. Our strategy to drive volume through attractive pricing to support our customers was rewarded and has allowed us to maintain momentum to successfully launch our digital sales platform and Altium 365. He continued, “Our performance demonstrates Altium’s strength, its business model adaptability and its organizational versatility to execute successfully across multiple fronts and in varying conditions. This is most heartening and an early validation of our vision and strategy for this new digital platform to transform the electronics industry.” ![]() We have successfully launched Altium 365, our new cloud platform, which is causing excitement and gaining strong early adoption. While COVID-19 prevented us from achieving our long-held aspirational goal of US$200 million, it has been a catalyst for our pursuit of market dominance and transformation. “Altium achieved a strong performance in fiscal 2020 having exceeded its 50,000 subscriber target and delivered solid revenue growth. Final dividend of AU19 cents (AU39 cents for the year) up 15% on a yearly basis.A strong cash balance of US$93 million, up 16% on the same period last year.Strong increase of 15% in new Altium Designer seats sold to 9,251.Record growth of 17% in the subscription base to 51,006 subscribers.The company delivered an EBITDA margin of 40.0% for the full year. Profit before tax grew by 12% to US$65 million. Altium achieved revenue growth of 10% to US$189 million with solid performances in all core business units and key regions. Electronic design software company Altium Limited has announced its results for the full year ended 30 June 2020. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |