Analysis

Altium confirms final results for the financial year ending 30 June 2009

25th August 2009
ES Admin
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Electronics design software company Altium Limited (ASX:ALU) has announced its final financial results for the three months ending 30 June 2009, and for the financial year ending 30 June 2009.
Altium reports a final EBITDA for the full financial year of US$4.8 million on sales of US$51.3 million, compared to an EBITDA of US$576,000 a year ago. The company also reports a return to profit before tax of US$224,000, compared to a loss a year ago of US$3.7 million.
Operating cash flow improved 75% to US$5.3 million year on year. Operating costs for the full financial year also decreased 10% to US$48.8 million. Cash balance as at 30 June 2009 was US$3.5 million.

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