Business
3 reasons why the Altium (ASX:ALU) share price could be a buy
The Altium Limited (ASX: ALU) share price could be a good one to think about right now.
Altium is a high quality business that provides software tools for the design process of the latest technology and items.
In February 2021, Altium reported its FY21 half-year result. It included a continuing operating revenue decline of 4% to US$80 million, expense growth of 3% to US$53 million, a 15% decline of earnings before interest, tax, depreciation and amortisation (EBITDA) to US$27 million and profit before tax fell 23% to US$20.7 million.
Altium said that the decline reflects the economic slowdown caused by extreme COVID-19 conditions in the US and…
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