OpenText Investor Presentation Deck
F'23 Target Model Ranges
F'22
Actuals
43.9%
38.1%
82.0%
10.3%
7.7%
75.6%
12.1%
18.7%
8.5%
2.5%
41.9%
36.2%
$157.9
14.0%
$93.1
opentext™
Revenue Type (% of Total Revenue):
Cloud Services and Subscriptions
Customer Support
Annual Recurring Revenue (ARR)(1)
License
Professional Services and Other
Non-GAAP Gross Margin (2)
Non-GAAP Operating Expenses (% of Total Revenue):
Research & Development
Sales & Marketing
General & Admin
Depreciation
Total Operating Expenses
A-EBITDA Margin (2)
Interest and Other Related Expense (USD$M)
Adjusted Tax Rate (³)
Capital Expenditures (USD$M)
A $20M reduction
from prior
target range
Constant Currency
F'23
Updated
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.
4. This model is not guidance.
37% -39%
41% - 43%
79% -81%
11% -13%
7% -9%
75% - 77%
14% -16%
19% -21%
8% - 10%
2% -4%
46% -48%
32.5% - 33.5%
$330 - $350
14%
$145 - $155
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