Fresh PCB Concepts: PCB Design Essentials for Electric Vehicle Charging
Elementary, Mr. Watson: Rules of Thumb—Guidelines vs. Principles for PCB Design
Beyond Design: High-speed Rules of Thumb
Altium Delivers Strong Performance with 23% Revenue Growth in FY22, Provides Positive Outlook for FY23
August 24, 2022 | Altium LimitedEstimated reading time: 2 minutes
Electronic design software company Altium Limited has announced its audited financial results for the year to 30 June 2022. Altium outperformed all expectations and exceeded its financial targets for revenue and margin. Highlights for the year include:
- Strong revenue growth of 23% to US$220.8 million.
- Strong underlying EBITDA margin of 36.7% (up from 34.3%).
- Recurring revenue of 75% of total revenue, with 31% growth in ARR.
- Double-digit revenue growth for Altium PCB business of 12% to US$169.3 million.
- Record revenue growth of 85% for Octopart to US$50.0 million.
- Acceleration of term-based licenses; up by 63% (33 % of all new licenses).
- Strong Altium 365 adoption with almost 24,700 monthly active users at year end (up from 19,700 in February 2022) and over 9,300 monthly active accounts at year end (up from 7,700 in February 2022).
- Strong growth in Profit After Tax of 57% to US$55.5 million.
- Earnings Per Share (EPS) grew by 57% to US$42.2 cents.
- Final dividend of AU 26 cents (AU 47 cents for full year up 18%).
Altium CEO Mr Aram Mirkazemi said “Altium delivered a strong financial performance for fiscal 2022 supported by a record performance from our Octopart business and solid growth from our Electronic Design Software business. Octopart is the market leader in electronics parts search and benefitted from the global parts shortage which we expect to continue for some time into the new financial year.”
“Altium Digital Sales has increased efficiency and has achieved a higher realized price, with minimal discounting. Additionally, we are getting a lift as our higher end enterprise grade capabilities gain mainstream adoption.”
Altium President Mr Sergey Kostinsky commented “our cloud platform Altium 365 remains well ahead of our competitors with adoption growing strongly. We now have 23% of Altium Designer subscribers who have fully adopted Altium 365 with 30% more in the process of adopting it. We are accelerating our transformative agenda for the global electronics industry where we aim to bring the business of engineering onto Altium 365 from design to supply chain and manufacturing.”
“Our business model transition from perpetual to term-based licenses is progressing well; 33% of new seats sold were term-based licenses. This, combined with the uptake of higher value seats that include Pro and Enterprise level capabilities, is driving up subscription revenue. This positive trend has accelerated our annual recurring revenue run rate and supports our drive toward our aspirational goal of US$500 million.”
Outlook
Altium is committed to revenue and margin guidance for fiscal 2023 of:
• Total Revenue between US$255 million to US$265 million (15%-20% growth)
- US$195 million to US$200 million for Electronic Design Software Business (15%-18% growth)
- US$60 million to US$65 million for Engineering Cloud Platform Business (20%-3 0% growth)
• Underlying EBITDA margin of 35%-37%
Download The Printed Circuit Designer’s Guide to… Design for Manufacturing by David Marrakchi. You can also view other titles in our full I-007eBooks library.
Share on:
Suggested Items
Case Study: PCB Design Flaws Affect Product Cost
12/03/2024 | Matt Stevenson, ASC SunstoneIn the rapidly evolving aerospace industry, precision and reliability are paramount. “AeroTech Solutions” (not the company’s real name), an aerospace company specializing in satellite technology, recently faced a significant challenge that tested its operational integrity: A flaw identified in the PCB design of its latest satellite model led to unexpected delays and cost overruns.
Lockheed Martin’s Latest Space-Bound LM 400 Tech Demonstration Set to Launch in 2025
11/29/2024 | Lockheed MartinLockheed Martin announced continued investment in its technology demonstrations with the upcoming launch of the LM 400, a new mid-sized, common, multi-mission space vehicle. It has completed testing and is currently preparing to embark on its journey on a Firefly Aerospace Alpha rocket in the first half of 2025.
Fresh PCB Concepts: PCB Design Essentials for Electric Vehicle Charging
11/27/2024 | Team NCAB -- Column: Fresh PCB ConceptsElectric vehicles (EVs), powered by electricity rather than fossil fuels, are transforming transportation and reducing environmental impacts. But what good is an EV if it can't be easily charged? In this month's column, Ramon Roche dives into the role of printed circuit boards (PCBs) in electric vehicle charging (EVC)—and the design considerations.
From Construction Work to PCB Design in Under a Year
11/27/2024 | Andy Shaughnessy, Design007 MagazineAt the Anaheim Electronics & Manufacturing Show in October, I had the opportunity to talk with some new PCB designers, including Jon Smith of Frontgrade Aethercomm. During the Anaheim show, John Watson, a PCB design instructor at Palomar College, led a panel of his past and present students, including Jon, who shared his story of switching from a construction career to PCB design in a matter of months, courtesy of Watson’s Palomar College design curriculum.
PCB Layout Rules of Thumb for Consideration
11/25/2024 | Patrick Davis, Cadence Design SystemsJust because a “rule of thumb” is usually based on experience instead of precise facts doesn’t negate its value. For instance, when I told my kids that a good rule of thumb was not to back-talk to their mother, they discovered very quickly how accurate my advice was once they crossed that line. There are a lot of rules of thumb that we rely on daily, including those that apply to PCB design.