Altium is focused on returning profit to shareholders and is committed to growing dividends each year. Thus making it a well-positioned company for future growth where the heart of intelligent systems is electronics and PCBs.
It has a set goal of US$150 million in pure PCB revenue and US$200 million in total revenue by 2020. The firm is expanding market reach through partnership and growing capability through acquisition.
The company is committed to achieving market leadership in PCB design by 2020 and is focusing on- expanding its addressable market beyond PCB to systems design. It is committed to achieving double-digit sales & revenue growth each year and believes in consistent financial performance. Altium revenue is underpinned by subscription and 53% of total revenue is subscription-based, with over 31,000 subscribers globally. The firm believes in maintaining a clean balance sheet and expenses all R&D costs. The revenue is comprised of 48% Americas, 32% Europe, 14% Emerging Markets and 7% Asia Pacific and is debt-free. The company is focused on margin expansion and is committed to growing its margin each year to enter and to maintain 30% plus.Īltium has global diversified earnings. It has a strong track record in engineering development and engineering excellence. Altium has over 30 years of continuous R&D in PCB design. The firm creates the tools designers need. The greatest challenge for successful products today lies in the design process and that is what the company focuses onĭesigners need tools that help them make the most of modern technologies, successfully manage projects, and deliver connected intelligent products.
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