Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Altium Provides Full Year Investor Presentation

30 Aug 2021  |  08:26:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Full Year Investor Presentation

Altium provided 2021 full year results presentation. It reported positive revenue growth of 16% in the second half to meet full year revenue guidance. The Underlying EBITDA margin is of 36.1%. Total ARR grew by a record 29% driving overall recurring revenue to 65%. It reported second half growth in China of 48% to deliver full year double-digit growth. The Company invested $1.7m in recruitment of engineers to support the rapid development of its cloud platform, CAD products and Nexar.

Please click here for full details

See more ASX300 News Announcements