OpenText Investor Presentation Deck
Summary of Quarterly Results with Constant Currency
(in millions, except per share data)
Revenues:
Cloud services and subscriptions
Customer support
Total annual recurring revenues**
License
Professional service and other
Total revenues
Q1 FY21
GAAP-based operating income
Non-GAAP-based operating income (1)
GAAP-based EPS, diluted
Q1 FY20
$237.3
312.3
$549.6
77.9
69.4
$696.9
$132.5
$234.0
$0.27
$0.64
$74.4
$254.2
$137.4
$118.8
$ Change
$103.7
17.1
$120.8
(9.4)
(4.3)
$107.1
$49.8
$86.4
$0.11
$0.25
$29.0
$88.1
$96.5
$99.8
% Change Q1 FY21 in CC*
43.7 %
5.5 %
22.0%
$340.2
327.1
$667.3
67.1
63.6
$798.0
N/A
$313.9
(12.0) %
(6.2) %
15.4 %
37.6 %
36.9 %
40.7 %
39.1 %
38.9 %
34.7 %
70.2 %
84.0%
$341.0
329.4
$670.4
68.5
65.1
$804.0
$182.4
$320.4
$0.38
Non-GAAP-based EPS, diluted (1)(2)
$0.89
GAAP-based net income, attributable to Open Text
$103.4
Adjusted EBITDA (1)
$342.3
Operating cash flows
$233.9
Free cash flows(1)
$218.6
(1) See reconciliation of GAAP-based measures to Non-GAAP-based measures at the end of this presentation.
(2) Please also see note 14 to the Company's Fiscal 2018 Consolidated Financial Statements on Form 10-K. Reflective of the amount of net tax benefit arising from the internal reorganization assumed to be allocable to the current
period based on the forecasted utilization period.
Note: Individual line items in table may be adjusted by non-material amounts to enable totals to align to published financial statements.
*CC: Constant currency for this purpose is defined as the current period reported revenues/expenses/earnings represented at the prior comparative period's foreign exchange rate.
** Annual recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue.
opentext™
% Change
in CC*
N/A
$0.87
N/A
$335.7
N/A
N/A
43.4 %
4.8 %
21.4 %
(13.8) %
(8.5) %
14.5 %
N/A
34.2%
N/A
35.9 %
N/A
32.1%
N/A
N/A
Open Text Confidential. ©2020 All Rights Reserved.
37View entire presentation