![]() ![]() Using my 60% net margin, DraftSight has the potential to add more than $53.4 million in additional net income for Dassault.Ī subscription-only DraftSight CAD software suite can therefore probably add 8% more to DASTY's annual net income of $645.43 million. ![]() Consequently, DASTY's price can rise (5% or more from) a future annual net income that could be 8% higher going forward.ĭASTY was right to undercut the subscription price tags of Autodesk's AutoCAD LT and AutoCAD 2020. Making excellent, feature-rich products notably more affordable (than rival products) makes it easier to compete against a more popular brand like AutoCAD. I took a position on Dassault Systèmes because of its announcement that it will stop releasing/maintaining/operating free DraftSight versions. I correctly suggested last year that Dassault should really monetize this free software product that made many people stop using the $400/year AutoCAD LT. Hands-on experience convinced me that DraftSight was a great free alternative to Autodesk's AutoCAD LT. Paying $99/year for DraftSight is more profitable than using the $400/year AutoCAD LT. My ADSK position helps me benefit from cash-rich professionals/companies that are adamant in their loyalty to AutoCAD. Different market segments means Autodesk will find many subscribers for its $1,610/year AutoCAD 2020. I made a bet on DASTY because Dassault will find many subscribers for its $99/year Standard DraftSight 2D and $499/year DraftSight 3D CAD software product.ĭASTY is a great-long term investment.
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