ALU 0.07% $68.33 altium limited

The reported figures were more or less in line with market...

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    The reported figures were more or less in line with market consensus. While there appears to be slight revenue and EBITDA misses, EBITDA margin was strong and a clear beat along with operating cash flow and cash conversion. Subscriber growth was also strong and seems to be above expectations. Anticipates reaching 50k subscribers by 2020 and aspiration 2025 revenue target.

    Have to say its a very solid operational result notwithstanding the revenue print (which is very good in its own right) and I have a feeling that the market may look past this tomorrow and focus on the growth outlook which firmly remains in tact which could result in a strong upward share price move - to which end is anyone's guess. Gut feel is that the market will latch on to things like the China revenue growth momentum, growth in subscription base, and the EBITA margin (mentioned above).

    Let's see how this goes tomorrow.
 
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