Open Text Corporation provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells enterprise information management software and solutions. Its EIM offerings include enterprise content management, business process management, customer experience management, business network, discovery and analytics. The Company's software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations.
TypePublic
HQWaterloo, CA
Founded1991
Size (employees)12,200 (est)
Websiteopentext.com
Open Text was founded in 1991 and is headquartered in Waterloo, CA
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Open Text

Mark J. Barrenechea

Mark J. Barrenechea

Vice Chair, Chief Executive Officer and Chief Technology Officer
Madhu Ranganathan

Madhu Ranganathan

Executive Vice President, Chief Financial Officer
Muhi Majzoub

Muhi Majzoub

Executive Vice President, Engineering and IT
Gordon A. Davies

Gordon A. Davies

Executive Vice President, Chief Legal Officer and Corporate Development
Simon Ted Harrison

Simon Ted Harrison

Executive Vice President, Worldwide Sales
James McGourlay

James McGourlay

Executive Vice President, Worldwide Support
Show more

Open Text Office Locations

Open Text has offices in Waukesha, Bellevue, Dulles, Dallas and in 91 other locations
Waterloo, CA (HQ)
275 Frank Tompa Dr
Melbourne, AU
Level 10, South Tower 459 Collins Street
North Sydney, AU
6 80 Pacific Hwy
Klagenfurt am Wörthersee, AT
Lakeside B06
Wien, AT
IZD Tower 12th Floor Wagramer Straße 19
Itaim Bibi, BR
4300 Av. Brg. Faria Lima
Show all (98)
Report incorrect company information

Open Text Financials and Metrics

Open Text Revenue

Embed Graph
Open Text's revenue was reported to be $2.82 b in FY, 2018 which is a 22.9% increase from the previous period.
USD

Revenue (FY, 2018)

2.8b

Revenue growth (FY, 2017 - FY, 2018), %

22.9%

Gross profit (FY, 2018)

1.9b

Gross profit margin (FY, 2018), %

66.2%

Net income (FY, 2018)

242.3m

EBIT (FY, 2018)

505.4m

Market capitalization (15-Oct-2018)

9.2b

Closing stock price (15-Oct-2018)

34.1

Cash (30-Jun-2018)

682.9m

EV

11.1b
Open Text's current market capitalization is $9.2 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.9b1.8b2.3b2.8b

Revenue growth, %

14%(1%)26%23%

Cost of goods sold

598.4m574.0m762.4m951.4m

Gross profit

1.3b1.3b1.5b1.9b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

434.5m465.3m440.5m491.7m542.7m593.1m640.7m734.4m685.9m

Cost of goods sold

140.1m139.7m141.4m164.4m168.0m210.5m223.5m240.3m242.7m

Gross profit

294.5m325.6m299.1m327.3m374.7m382.6m417.2m494.1m443.1m

Gross profit Margin, %

68%70%68%67%69%65%65%67%65%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

700.0m1.3b443.4m682.9m

Accounts Receivable

284.1m285.9m445.8m488.0m

Prepaid Expenses

53.2m59.0m81.6m101.1m

Current Assets

1.1b1.7b1.0b1.3b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

690.8m726.0m877.4m834.9m1.7b449.0m376.4m476.0m605.5m

Accounts Receivable

233.9m278.6m266.5m297.5m315.6m360.3m457.8m512.0m515.0m

Prepaid Expenses

47.1m53.0m56.0m70.6m58.1m79.3m98.5m101.1m105.7m

Current Assets

1.0b1.1b1.3b1.2b2.1b911.3m958.6m1.1b1.3b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

234.4m284.5m1.0b242.3m

Depreciation and Amortization

240.1m242.4m345.7m456.9m

Accounts Payable

(22.7m)(5.7m)53.5m(91.6m)

Cash From Operating Activities

523.0m525.7m439.3m709.9m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

41.3m129.1m198.2m912.9m957.9m979.7m36.7m121.6m180.4m

Depreciation and Amortization

60.6m120.5m179.8m72.0m146.0m242.6m106.6m222.1m339.3m

Accounts Payable

(48.3m)(14.8m)(27.4m)(30.6m)(24.0m)16.5m(64.5m)(72.5m)(92.3m)

Cash From Operating Activities

92.7m216.7m406.6m73.5m180.5m336.8m67.1m233.7m504.4m
USDY, 2018

EV/EBIT

21.9 x

EV/CFO

15.6 x

Revenue/Employee

239.8k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
Show all financial metrics

Open Text Operating Metrics

Jun, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Annual Recurring Revenue

$1.69 b$489.30 m$516.20 m$521.40 m

Countries

40

Data Centers

37

Transactions

18 b
Show all operating metrics

Open Text Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
HightailFebruary 14, 2018
Guidance SoftwareJuly 26, 2017$240 m
CovisintJune 05, 2017
Dell-EMC's enterprise content divisionAugust 12, 2016$162 m
HP - Customer Communications Management (CCM) assetsJune 20, 2016$315 m
RecommindJune 02, 2016$163 m
OpenText OptimostMay 01, 2016
ANXeBusinessApril 27, 2016$100 m
HP SoftwareApril 18, 2016$170 m
DaegisOctober 08, 2015
Show more

Open Text Revenue Breakdown

Embed Graph

Open Text revenue breakdown by business segment: 43.8% from Customer Support, 11.2% from Professional Service and Other, 29.4% from Cloud Services and Subscriptions and 15.5% from License

Open Text revenue breakdown by geographic segment: 11.5% from All other countries, 18.4% from Rest of Europe, 7.0% from Germany, 7.2% from United Kingdom, 50.6% from United States and 5.3% from Canada

Report incorrect company information

Open Text Online and Social Media Presence

Embed Graph
Report incorrect company information

Open Text Company Life and Culture

Report incorrect company information