Driving Shareholder Returns
Reconciliation of Adjusted EBITDA | F11-F20
(in '000s USD)
GAAP-based net income attributable to OpenText
Add:
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19
FY20
$ 123,203 $ 125,174 $ 148,520 $ 218,125 $ 234,327 $ 284,477 $ 1,025,659 $ 242,224 $ 285,501 $ 234,225
Provision for (recovery of) income taxes
12,931
12,171
29,690
58,461
31,638
6,282 (776,364)
143,826
154,937
110,837
Interest and other related expense, net
8,452
15,564
16,982
27,934
54,620
76,363
120,892
138,540
136,592
146,378
Amortization of acquired technology-based intangible
assets
68,048
84,572
93,610
69,917
81,002
74,238
130,556
185,868
183,385
205,717
Amortization of acquired customer-based intangible
assets
38,966
53,326
68,745
81,023
108,239
113,201
150,842
184,118
189,827
219,559
Depreciation
22,116
21,587
24,496
35,237
50,906
54,929
64,318
86,943
97,716
89,458
Share-based compensation.
11,308
18,097
15,575
19,906
22,047
25,978
30,507
27,594
26,770
29,532
Special charges (recoveries)
15,576
24,523
24,034
31,314
12,823
34,846
63,618
29,211
35,719
100,428
Other (income) expense, net
6,019
(3,549)
2,473
(3,941)
28,047
1,423
(15,743)
(17,973)
(10,156)
11,946
Adjusted EBITDA
Total revenue
Adjusted EBITDA Margin (% of total revenue)
opentext™
$ 306,619 $ 351,465 $ 424,125 $ 537,976 $ 623,649 $ 671,737 $ 794,285 $ 1,020,351 $ 1,100,291 $ 1,148,080
$ 1,033,303 $ 1,207,473 $ 1,363,336 $ 1,624,699 $ 1,851,917 $ 1,824,228 $2,291,057 $ 2,815,241 $2,868,755 $ 3,109,736
29.7 %
29.1 %
31.1 %
33.1 %
33.7 %
36.8 %
34.7 %
36.2 %
38.4 %
36.9 %
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