Background Info
Altium growth rate exceeds the market
Altium, developer of next generation electronics design software and services, provides
a three-year comparison of quarterly sales results and public market statistics
published by the EDA Consortium.
The analyzed data covers 12 quarters, from 1 July 2009 to 30 June 2012, which
represents 3 financial years for Altium. Taking the first quarter of this period as the
reference point for the reported figures, Altium showed a linear growth of 6.9% per
quarter while the overall PCB & MCM market grew by only 1.5% per quarter. This outperformance of the market became even greater in the last financial year with Altium
posting growth rates between 13% and 113% compared to the reference quarter,
whereas the PCB & MCM market grew just 5% to 11%.
This is reflected in Altium’s results for the last financial year. Altium recorded sales of
US$61.2m, up 21% from the corresponding period a year ago, and revenue of
US$55.2m, up 14%. Sales growth combined with careful management of working
capital has also seen the cash balance double to over US$13m since this time last
year. The strongest performing region was Europe (25%), closely followed by Greater
China (23%), APAC (21%) and the Americas (19%).
“We are very pleased with the strong growth we have achieved during the last financial
year and that we were able to win several thousand new customers worldwide. This is
proof that more and more electronics designers are adopting the unique Altium design
methodology. The results put us in an exceedingly strong market position, especially
when compared with recent reports from the EDA Consortium which reflect a
stagnation or even slight decrease in the PCB & MCM market for the same period,”
stated Martin Harris, Global Head of Sales at Altium.
Recent Product Update
As of March 2011, when a new version of its award-winning unified electronics design
solution Altium Designer was announced, Altium has been providing a unique software
delivery model. Unlike previous versions, this next evolution of Altium Designer is
delivered as part of a continuous update model. This means that new features and
functionalities, as well as improvements and bug fixes, can be rolled out instantly and
directly to Altium Subscription holders.
Altium’s powerful cloud-based infrastructure supports this platform for continuous
updates to customers. The Plug-In Manager within Altium Designer gives users full
control over which elements of Altium Designer to install, and instant visibility into
updates and installations.
With its introduction of the new Altium Designer software delivery model the company
has laid the foundations for continued growth.
ENDS
Contacts:
Frank Krämer
Altium Europe GmbH
+49 721 8244 108
frank.kraemer@altium.com
Gabriele Amelunxen
PRismaPR
+49 8106 247 233
info@primsapr.com
Monika Cunnington
PRismaPR (UK, Skandinavia, Benelux)
+44 20 8133 6148
monika@prismapr.com
www.prismapr.com
About Altium
Altium Limited (ASX:ALU) creates electronics design software based on the belief that
anyone who wants to create electronic products that make a difference should be able
to do so. Altium’s unified electronics design environment links all aspects of electronics
product design in a single application that is priced to be as affordable as possible. This
helps electronics designers break down barriers to innovation, harness the latest
devices and technologies, manage their projects across broad design ‘ecosystems’,
and create connected, intelligent designs.
Founded in 1985, Altium has headquarters in Shanghai, and operates worldwide. For
more information, visit www.altium.com. You can also follow and engage with Altium via
Facebook, Twitter and YouTube.
Munich, electronica, November 2012