Q1 FY'22 Financial Overview slide image

Q1 FY'22 Financial Overview

FY'22 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 2021 Actuals Fiscal 2022 (3) 41.6% 41%-43% 39.4% 39%-41% 81.0% 81%-83% 11.4% 9%-11% 7.7% 7%-9% 66.0% 65%-67% 90.9% 91%-92% 96.4% 96%-98% 25.1% 23% -24% 76.1% 75% - 77% 12.2% 12%-14% 17.8% 7.3% 2.5% 38.8% $151.6 14% $63.7 18%-20% 7%-9% 2%-4% 37% -38% $147-$152 14% $80-$90 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. OpenText ©2021 All rights reserved 11 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.
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