Be a Climate Innovator
F'23 Target Model Ranges
Constant Currency
F'23
Updated
(4)
F'22
Actuals
Revenue Type (% of Total Revenue):
Cloud Services and Subscriptions
Customer Support
Annual Recurring Revenue (ARR)(1)
License
43.9%
38.1%
82.0%
10.3%
7.7%
75.6%
Non-GAAP Gross Margin (2)
Professional Services and Other
12.1%
Non-GAAP Operating Expenses (% of Total Revenue):
Research & Development
18.7%
Sales & Marketing
8.5%
General & Admin
2.5%
Depreciation
41.9%
Total Operating Expenses
36.2%
A-EBITDA Margin (2)
$157.9
14.0%
$93.1
Interest and Other Related Expense (USD$M)
Adjusted Tax Rate(3)
Capital Expenditures (USD$M)
37% -39%
41% -43%
79% - 81%
11% -13%
7% -9%
75% - 77%
14% -16%
19% -21%
A $20M reduction
from prior
target range
8% - 10%
2% -4%
46% -48%
32.5% -33.5%
$330 $350
14%
$145 - $155
opentext™
1. Annual Recurring Revenue (ARR) is defined as the sum of cloud services and subscriptions revenue and customer support revenue.
2. 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.
3. Please refer to historical filings, including our Forms 10-K and 10-Q, regarding the company's adjusted tax rate.
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4. This model is not guidance.View entire presentation