Altium achieved double digit revenue growth and expanded its profit margins in the year ended 30 June 2019. This is robust confirmation of the underlying power of the Group’s "Line and Length" strategy to simultaneously:
- Increase revenue by 20% per annum
- Expand EBITDA margins
- Invest in strategic growth opportunities
Operating revenue was a record $171.8 million (growth of 23.1%) for the financial year ended 30 June 2019. Altium profit margins achieved record levels with a 41.1% increase in net profit after tax to $52.9 million, generating earnings per share (EPS) of US 40.57 cents. EBITDA margin was 36.5% for the fiscal year (36.6% on an underlying basis).