Total Growth Model: Cloud and ARR Growth
Reconciliation of Selected Non-GAAP Measures | FY'24 YTD
Six months ended December 31, 2023
GAAP % of
(In '000's U.S. dollars, except per share data)
COST OF REVENUES
Cloud services and subscriptions
GAAP
Total Revenue Adjustments FN
Non-GAAP
Non-GAAP %
of Total
Revenue
351,560
(6,600) (1)
344,960
Customer support
148,388
(2,186) (1)
Professional service and other
155,381
Amortization of acquired technology-based intangible assets
147,608
(3,638) (1)
(147,608) (2)
146,202
151,743
GAAP-based gross profit and gross margin (%) /
Non-GAAP-based gross profit and gross margin (%)
2,147,538
72.5%
160,032 (3)
2,307,570
78.0%
Operating expenses
Research and development
454,657
(24,501) (1)
430,156
Sales and marketing
552,064
(25,034) (1)
527,030
General and administrative
304,475
(15,311) (1)
289,164
Amortization of acquired customer-based intangible assets
234,117
(234,117) (2)
Special charges (recoveries)
67,960
(67,960)
(4)
GAAP-based income from operations / Non-GAAP-based income from
operations
466,759
526,955 (5)
993,714
Other income (expense), net
(48,614)
48,614 (6)
Provision for income taxes
18,406
81,367 (7)
99,773
GAAP-based net income / Non-GAAP-based net income, attributable to
OpenText
118,576
494,202 (8)
612,778
GAAP-based earnings per share / Non-GAAP-based earnings per share-diluted,
attributable to OpenText
0.44
EA
1.81
(8)
2.25
opentext™
© 2024 Open Text
47View entire presentation