OpenText Investor Day Presentation Deck
Sustainable and Profitable Cloud Growth
opentext™
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FY'24 Aspirations
Strong enterprise cloud bookings in FY'21 and first six months of FY'22, across many products and
geographies with upward trend in large deals
Cloud revenue will lead Total Growth
Cloud growth and scale will drive higher Non-GAAP gross margin(1)
Specific opportunities for margin improvements in enterprise cloud
Cloud Revenue
(US$M)
$1,437
130%+
$605
FY'15
TTM Q2 FY'22
Our Growth
Strategy:
FY'22
8% - 10%
Non-GAAP Cloud Gross Margin(¹)
FY'15
60.9%
FY'22 Target Model
65% - 67%
1. Please refer to "Use of Non-GAAP Financial Measures" in the Q2 FY'22 investor presentation (Feb 3, 2022) 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.
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