However, the company said it expected its audited accounts to be released in a week, and it did not expect there would be any material difference. “Unforseen delays” resulting from the coronavirus pandemic meant Altium’s audited accounts were not available. It also declared a final dividend (partially franked) of 21 cents. The company, which develops software used to design electronic circuitry for a range of goods connected to the internet, increased its profit by 79 per cent from $US19.7 million to $35.3 million and its annual recurring revenue by 29 per cent. “As far as they’re concerned they don’t want to come in before there is a process, if there isn’t a process they’re happy for Altium to kind of stay where it is,” he said.Īltium on Monday reported revenue of $US191 million for the financial year, an increase of 1 per cent on last year and just meeting the lower end of its guidance.
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