re the pricing, here is the answer given in yesterdays...

re the pricing, here is the answer given in yesterdays conference call.....

Aram Mirkazemi, Altium Limited - CEO & Executive Director [24] -------------------------------------------------------------------------------- The thing -- Siraj, just one correction, the $123 million ARR is the ARR at the end of the period. The revenue number that you quoted at $140 million, that's the revenue which I take as average ARR. So we have to be higher than $140 million to actually hit that number. The price, 10% -- maybe, Sergey, you could speak to the price because the 10% price increase is not across everything. It's not like our $123 million ARR is going to grow to by 10% automatically. That math does not how it works.

Sergey Kostinsky, Altium Limited - President & Executive Director [25] -------------------------------------------------------------------------------- Yes. So the price increase is not even across all kinds of product lines. We do encourage people to switch to a certain type of licenses. And hence, TBL hasn't grown that much. Subscription itself hasn't grown that much. That was -- I think like it's very modest, something like 5% increase. Whereas certain kinds of perpetual licensing went up 12% to 17%. So that allows us to kind of a credit slope of the ground in a way that people would prefer the double licensing that grows recurring revenue as opposed to just do a one-off...