Altium : FY19 Full Year Results Investor Presentation 19 August 2019

OUTSTANDING FINANCIAL RESULTS AND INVESTING TO ACCELERATE FUTURE GROWTH

23% Revenue Growth and

41% Growth in Net Profit After Tax

ALTIUM FULL YEAR INVESTOR PRESENTATION 2019

Aram Mirkazemi CEO	19 August - 22 August 2019
Joe Bedewi CFO	Sydney
Kim Besharati VP IR
Martin Ive VP Finance

www.altium.com

Disclaimer

This presentation has been prepared by Altium Limited (ACN 009 568 772) and is for information purposes only. It does not constitute financial product or investment advice or a recommendation to acquire Altium shares and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. Altium is not licensed to provide financial product advice in respect of Altium shares.

Altium, Altium Designer, Altium Vault, Ciiva, Circuitmaker, Circuistudio, Octopart, PCBWorks, Protel and Tasking, and their respective logos, are trademarks or registered trademarks of Altium Limited, or its subsidiaries. All other registered or unregistered trademarks mentioned in this presentation are the property of their respective owners, and no trademark rights to the same are claimed

Financial data

All dollar values are in US dollars (US$) unless as otherwise presented.

Future performance - Forward looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward looking statements including projections, guidance on future earnings and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. An investment in Altium shares is subject to investment and other known and unknown risks, some of which are beyond the control of Altium Limited. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Altium employees, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in this Presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.

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Agenda

1. Company Highlights & Significant Achievements
2. 2019 Full Year Financial Performance & Metrics
3. Driving Forces, Market Opportunity and Industry Transformation
4. Appendix: Company Overview

Altium's FY19 Financial Highlights

23%

$180M

$171.8m

$150M						26%
					$140.1m
					18%
$120M
			17%	$110.9m
			13%
			$93.6m
$90M		15%
12%					$62.7m
		$80.2m
					36.5%
		$71.0m
$60M	$61.9m					$44.9m
				$33.3m	32.0%
			$22.7m	$27.4m	30.0%
		$18.3m	29.3%
$30M	$5.9m	28.3%
25.9%
	9.5%
$0M
2013	2014	2015	2016 р	2017	2018	2019

Strong revenue growth of 23%

Record EBITDA Margin of 36.5% (36.6% underlying)

Strong net profit growth of 41%

13% increase in subscriber seats to 43,698

27% increase in Altium Designer seats with more than 8,000 new licenses sold

Revenue

EBITDA/ EBITDA Margin

Revenue growth

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Driving Performance from a Position of Financial Strength

$80.5m

$52.9m

$177.2m Sales

40.57c EPS

Cash

NPAT

43,698

(Up 23%)

(Up 41%)

(Up 54%)

(Up 41%)

Subscribers

771

$56.9m

$69.1m

(Up 13%)

Employees

EBIT

Op Cash Flow

(Up 44%)

(Up 42%)

$171.8m Revenue

19%

A$4.46b

36.5%

(Up 23%)

5 Year Revenue CAGR

Market Cap

EBITDA Margin

(Up from 32%)

Debt

56%

8,015

$62.7m

AU34c

Altium Designer Seats Sold

EBITDA

Dividend

Free

Recurring Revenue

(Up 27%)

(Up 40%)

(Up 26%)

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