OpenText Investor Presentation Deck
F'26 Aspirations in Constant Currency
Enterprise Cloud Bookings Growth(1), (2)
Cloud Organic Revenue Growth (1),(3)
ARR Organic Growth (4)
Total Organic Revenue Growth (1),(3)
Total Revenues
New
A-EBITDA Margin(5) (%)
Free Cash Flows(5) (6) (FCF)
Capital Allocation to Dividend Program (7)
Non-GAAP Effective Tax Rate(8)
opentext™ (1), (2), (3), (4), (5), (6), (7), (8) See Slide Notes
15%+
7% to 9%
2% to 4%
2% to 4%
$6.2B to $6.4B
38% to 40%
$1.5B+
20% of TTM FCF
Mid 20%'s
Expanded Consumption, SaaS, Al and Titanium X
Continued Information Management momentum
ARR 77% to 79% (of Total Revenues)
Micro Focus expected to return to organic growth in F'24
Market share gains through cloud acceleration and opentext.ai
Upper quartile profitability while investing in cloud, Al, security and edge
Continued high conversion from A-EBITDA and working capital efficiency
Prioritizing debt reduction and capital return
Utilization of tax attributes while enhancing current structure
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