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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.

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