diff --git a/CMakeLists.txt b/CMakeLists.txt
index cdf0cb5..740c6ca 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -6,7 +6,7 @@
 # Redistribution and use is allowed according to the terms of the BSD license.
 
 cmake_policy(SET CMP0048 NEW)
-project(harbour-timelapse-tools VERSION 0.3.0 LANGUAGES C CXX)
+project(harbour-timelapse-tools VERSION 0.4.0 LANGUAGES C CXX)
 
 # project version
 set(TIMELAPSE_TOOLS_MAJOR_VERSION ${PROJECT_VERSION_MAJOR})
diff --git a/rpm/harbour-timelapse-tools.spec b/rpm/harbour-timelapse-tools.spec
index 4b0b4a7..dd45969 100644
--- a/rpm/harbour-timelapse-tools.spec
+++ b/rpm/harbour-timelapse-tools.spec
@@ -15,7 +15,7 @@ Name:       harbour-timelapse-tools
 # << macros
 
 Summary:    TimeLapse tools for Sailfish OS
-Version:    0.3
+Version:    0.4
 Release:    1
 Group:      Qt/Qt
 License:    GPLv2