Driving Shareholder Returns
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)
Fiscal 2020 Results
Prior Fiscal 2021 Model (3) New Fiscal 2021 Model (3)
37.2%
41% -43%
41% -43%
41.0%
38% -42%
38% -42%
78.2%
80% - 82%
81% - 83%
13.0%
10% - 13%
9% -12%
8.8%
6% -9%
6% -9%
61.3%
63% - 65%
63% - 65%
90.4%
89% - 91%
89% - 91%
97.2%
96%-98%
96% - 98%
22.7%
18% - 20%
20% -22%
74.5%
74% - 76%
74% - 76%
11.7%
12% - 14%
12% - 14%
18.5%
18% - 20%
18% - 20%
7.3%
6% - 8%
6% - 8%
2.9%
2% - 4%
2% - 4%
36.9%
37% -38%
37% -38%
$146.4
14%
$73
$157 - $162
14%
$85 - $95
$147 - $152
14%
$85 - $95
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8
opentext™
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.
3.
Please refer to historical filings, including our Forms 10-K and 10-Q, regarding the company's adjusted tax rate.
This model is not guidance.View entire presentation