Be a Climate Innovator
Track Record of A-EBITDA Expansion
Upper Quartile A-EBITDA Margins
(1)
A-EBITDA Dollars and Estimated Margins
38% to 40%
Targeted A-EBITDA Margin
In $Billions
36% to 38%
Expected A-EBITDA Margin
13.8%
F'11 to F'22
CAGR
32.5% to 33.5%
Expected A-EBITDA Margin
$1.3 $1.3
$1.1 $1.1
$1.0
$0.8
$0.6
$0.7
$0.5
$0.4 $0.4
$0.3
F'11A
F'12A F'13A F'14A
F'15A F'16A F'17A
F'18A F'19A F'20A
F'21A F'22A
F'23E (2) F'24E
(2)
F'26E (2)
opentext™
A-EBITDA Growth
Culture of upper-quartile
A-EBITDA profitability
Leverage OpenText Business
System for Value Creation
Investing in Growth and Automation
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. Historical data on a reported basis.
2. F'23, F'24, and F'26 represents OpenText's estimate of A-EBITDA in constant currency, including Micro Focus.
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