Driving Shareholder Returns slide image

Driving Shareholder Returns

Q1 Fiscal 2021 Financial Highlights With Y/Y Comparisons Trailing Twelve Months (TTM) Ending Q1 FY'21 Q1 FY'21 $804.0M ▲ 15.4% 14.5% in CC Total Revenues ▲ 11.0% Total Revenues $3.22B 11.7% in CC ARR(1) $670.4M 83.4% ▲ 22.0% ARR(1) $2.55B 79.4% ▲ 16.9% 21.4% in CC 17.6% in CC of Total Revenue of Total Revenue ▲ 43.7% ▲ 34.6% Cloud Revenues $341.0M Cloud Revenues $1.26B ▲ 43.4% in CC ▲ 35.2% in CC A-EBITDA(2) $342.3M 42.6% (margin) ▲ 34.7% A-EBITDA (2) 32.1% in CC $1.24B 38.4% (margin) ▲ 11.5% 11.9% in CC Non-GAAP Earnings Per Share (2) ▲ 39.1% $0.89 35.9% in CC Non-GAAP Earnings Per Share(2) ▲ 12.1% $3.14 12.5% in CC Free Cash Flows (2), (3) $218.6M ▲ 84.0% Free Cash Flows (2),(3) $981.6M ▲ 25.1% opentext™ 2. 1. Annual recurring revenue is defined as the sum of cloud services and subscriptions revenue and customer support revenue. Please refer to "Use of Non-GAAP Financial Measures" at the end of this presentation and "Reconciliation of selected GAAP-based measures to Non-GAAP-based measures" included within our current and historical filings on Forms 10-Q, 10-K and 8-K. OpenText Confidential. ©2020 All Rights Reserved. 4 Free Cash Flows = Operating Cash Flows minus Capital Expenditures (or "Additions to property & equipment" in the Statement of Cash Flow).
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