OpenText Investor Presentation Deck
FY'21 Target Model
Revenue Type:
Cloud Services and Subscriptions
Customer Support
Annual Recurring Revenue (ARR)
License
Professional Services and Other
Non-GAAP Gross Margin
Cloud Services and Subscriptions
Customer Support
License
Professional Services and Other
Non-GAAP Gross Margin (¹)
Non-GAAP Operating Expenses:
Research & Development
Sales & Marketing
General & Admin
Depreciation
A-EBITDA Margin(¹)
Interest and Other Related Expense (USD millions)
Adjusted Tax Rate (2)
Capital Expenditures (USD millions)
opentext™
Fiscal 2020 Results
37.2%
41.0%
78.2%
13.0%
8.8%
61.3%
90.4%
97.2%
22.7%
74.5%
11.7%
18.5%
7.3%
2.9%
36.9%
$146.4
14%
$73
Prior Fiscal 2021 Model(³) New Fiscal 2021 Model (³)
41% - 43%
38% -42%
80% - 82%
10% - 13%
6% -9%
63% - 65%
89% - 91%
96% - 98%
18% - 20%
74% -76%
12% -14%
18% - 20%
6% -8%
2% -4%
37% -38%
$157 - $162
14%
$85 - $95
1 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.
2. Please refer to historical filings, including our Forms 10-K and 10-Q, regarding the company's adjusted tax rate.
3. This model is not guidance.
41% -43%
38% -42%
81% - 83%
9% -12%
6% -9%
63% - 65%
89% - 91%
96% - 98%
20% -22%
74% - 76%
12% -14%
18% - 20%
6% -8%
2% -4%
37% -38%
$147 - $152
14%
$85 - $95
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