$10 B

OTEX Mkt cap, 13-Feb-2019

$735.2 M

Open Text Revenue Q2, 2019
Open Text Gross profit (Q2, 2019)731.6 M
Open Text Gross profit margin (Q2, 2019), %99.5%
Open Text EBIT (Q2, 2019)173.9 M
Open Text Cash, 31-Dec-2018595.1 M
Open Text EV12 B

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

Open Text Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.4b1.6b1.9b1.8b2.3b2.8b

Revenue growth, %

14%(1%)26%23%

Cost of goods sold

485.9m511.7m598.4m574.0m762.4m951.4m

Gross profit

877.4m1.1b1.3b1.3b1.5b1.9b

Gross profit Margin, %

64%69%68%69%67%66%

Sales and marketing expense

289.2m345.6m373.6m344.2m444.8m529.4m

R&D expense

164.0m176.8m196.5m194.1m281.7m323.5m

General and administrative expense

109.3m142.5m162.7m140.4m170.4m205.3m

Operating expense total

679.8m812.5m904.8m881.7m1.2b1.4b

Depreciation and amortization

24.5m35.2m159.1m168.1m215.2m86.9m

EBIT

197.7m300.5m348.7m368.6m352.9m505.4m

EBIT margin, %

14%18%19%20%15%18%

Interest expense

17.0m54.6m76.4m119.1m137.3m

Pre tax profit

178.2m276.5m266.0m290.8m249.6m386.1m

Income tax expense

29.7m58.5m31.6m6.3m(776.4m)143.8m

Net Income

234.4m284.5m1.0b242.3m

Open Text Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

470.4m427.9m700.0m1.3b443.4m682.9m

Accounts Receivable

284.1m285.9m445.8m488.0m

Prepaid Expenses

53.2m59.0m81.6m101.1m

Current Assets

717.1m815.7m1.1b1.7b1.0b1.3b

PP&E

88.4m142.3m160.4m183.7m227.4m264.2m

Goodwill

1.2b2.0b2.2b2.3b3.4b3.6b

Total Assets

2.7b3.9b4.4b5.2b7.5b7.8b

Accounts Payable

188.4m232.0m241.4m257.5m342.1m302.2m

Short-term debt

51.7m62.6m8.0m8.0m182.8m10.0m

Current Liabilities

527.9m659.9m624.4m671.0m1.1b994.6m

Long-term debt

513.8m1.5b2.1b2.4b2.6b

Non-Current Liabilities

789.7m1.6b1.9b2.5b2.8b3.1b

Total Debt

565.5m62.6m1.6b2.1b2.6b2.6b

Total Liabilities

2.5b3.2b3.9b4.0b

Common Stock

808.0m817.8m1.4b

Additional Paid-in Capital

101.9m112.4m126.4m147.3m173.6m

Retained Earnings

572.9m716.3m863.0m992.5m1.9b2.0b

Total Equity

1.8b2.0b3.5b3.7b

Debt to Equity Ratio

0.9 x1.1 x0.7 x0.7 x

Debt to Assets Ratio

0.4 x0.4 x0.3 x0.3 x

Financial Leverage

2.4 x2.6 x2.1 x2.1 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

491.1m515.4m336.1m492.5m690.8m726.0m877.4m834.9m1.7b449.0m376.4m476.0m605.5m787.9m595.1m

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

725.5m761.8m698.8m822.5m1.0b1.1b1.3b1.2b2.1b911.3m958.6m1.1b1.3b1.3b1.2b

PP&E

91.3m96.7m129.6m151.6m163.2m161.7m172.0m181.7m179.0m195.1m245.4m260.9m264.9m246.5m246.7m

Goodwill

1.3b1.3b2.1b1.9b2.2b2.2b2.2b2.6b2.6b3.4b3.6b3.6b3.6b3.6b3.7b

Total Assets

2.7b2.7b4.0b3.9b4.3b4.3b4.4b6.1b6.9b7.4b7.7b7.7b7.8b7.6b7.7b

Accounts Payable

178.4m188.9m230.2m193.7m189.3m227.1m212.9m233.5m245.5m290.5m323.3m318.0m295.2m252.1m282.9m

Short-term debt

55.5m55.0m62.4m62.1m8.0m8.0m8.0m8.0m8.0m232.8m382.8m382.8m282.8m10.0m10.0m

Current Liabilities

520.6m498.3m637.8m573.5m536.9m559.8m610.5m670.6m643.1m1.1b1.3b1.3b1.3b875.3m911.5m

Long-term debt

502.5m491.3m1.6b1.6b1.6b2.1b2.4b2.4b2.4b2.4b2.4b2.6b2.6b

Non-Current Liabilities

790.8m776.2m1.8b1.6b1.9b1.9b1.9b2.5b2.7b2.8b2.8b2.8b2.8b3.0b3.0b

Total Debt

558.0m546.2m62.4m62.1m1.6b1.6b1.6b2.1b2.4b2.6b2.8b2.8b2.7b2.6b2.6b

Total Liabilities

2.5b2.5b2.5b3.2b3.4b3.9b4.1b4.1b4.1b

Common Stock

806.4m806.1m809.7m822.1m1.4b1.4b1.6b1.7b

Additional Paid-in Capital

106.6m105.3m109.8m117.2m132.7m134.5m140.4m155.3m159.0m165.6m

Retained Earnings

585.8m621.5m649.2m759.9m838.5m888.8m933.8m1.9b1.9b1.9b1.9b1.9b2.0b2.0b2.1b

Total Equity

1.8b1.9b1.9b2.9b3.5b3.5b3.6b3.6b3.7b3.7b3.8b

Debt to Equity Ratio

0.9 x0.9 x0.8 x0.7 x0.7 x0.7 x0.8 x0.8 x0.7 x0.7 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x0.4 x0.3 x0.4 x0.4 x0.4 x0.3 x0.3 x

Financial Leverage

2.4 x2.3 x2.3 x2.1 x2 x2.1 x2.2 x2.1 x2.1 x2 x2 x

Open Text Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

234.4m284.5m1.0b242.3m

Depreciation and Amortization

240.1m242.4m345.7m456.9m

Accounts Receivable

18.0m(17.2m)43.2m9.0m(126.8m)(22.6m)

Accounts Payable

(41.4m)(36.5m)(22.7m)(5.7m)53.5m(91.6m)

Cash From Operating Activities

318.5m417.1m523.0m525.7m439.3m709.9m

Purchases of PP&E

(77.0m)(70.0m)(79.6m)(105.3m)

Cash From Investing Activities

(374.4m)(1.2b)(398.4m)(361.2m)(2.2b)(444.4m)

Long-term Borrowings

(45.9m)(530.3m)(8.0m)(57.9m)(1.1b)

Dividends Paid

(87.6m)(99.3m)(120.6m)(145.6m)

Cash From Financing Activities

(31.1m)687.9m170.6m430.2m909.5m(23.7m)

Net Change in Cash

272.1m583.8m(840.4m)239.6m

Income Taxes Paid

(17.1m)30.0m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

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 Receivable

28.8m9.2m19.1m55.5m52.1m10.9m22.2m16.2m456.0k(37.1m)5.2m(49.5m)(55.7m)73.9m33.5m

Accounts Payable

(18.0m)(10.6m)(32.2m)(34.1m)(48.3m)(14.8m)(27.4m)(30.6m)(24.0m)16.5m(64.5m)(72.5m)(92.3m)(40.0m)(29.7m)

Cash From Operating Activities

79.9m140.8m282.2m138.5m92.7m216.7m406.6m73.5m180.5m336.8m67.1m233.7m504.4m171.4m360.5m

Purchases of PP&E

(17.2m)(29.9m)(48.9m)(20.7m)(32.3m)(50.1m)(30.4m)(55.9m)(83.0m)

Cash From Investing Activities

(40.6m)(52.4m)(1.1b)(37.8m)(25.7m)(60.3m)(81.6m)(501.2m)(515.9m)(2.2b)(326.7m)(364.6m)(415.2m)(27.8m)(353.4m)

Long-term Borrowings

(7.7m)(19.1m)(32.5m)(13.4m)(2.0m)(4.0m)(6.0m)(2.0m)(4.0m)(5.9m)(1.9m)(3.9m)(105.8m)

Dividends Paid

(23.3m)(47.5m)(71.6m)(27.8m)(55.6m)(86.0m)(35.0m)(69.8m)(105.0m)

Cash From Financing Activities

(23.5m)(48.3m)717.8m(27.2m)(70.3m)(119.6m)(141.7m)(25.8m)790.4m992.5m184.9m155.9m55.2m(37.5m)(87.3m)

Net Change in Cash

(9.2m)26.0m177.4m(448.8m)438.7m(834.8m)(67.0m)32.7m162.1m

Income Taxes Paid

7.5m2.4m5.6m17.8m

Open Text Ratios

USDY, 2018

EV/EBIT

68.9 x

EV/CFO

33.2 x

Revenue/Employee

60.3k

Financial Leverage

2 x
Report incorrect company information

Open Text Operating Metrics

Open Text's Customers was reported to be 10 k in FY, 2017.
Jun, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Annual Recurring Revenue

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

Countries

40

Customers

10 k10 k

Data Centers

37

Partners

600 k

Transactions

18 b
Report incorrect company information

Open Text Employee Rating

3.01392 votes
Culture & Values
3.0
Work/Life Balance
3.5
Senior Management
2.6
Salary & Benefits
3.0
Career Opportunities
2.7
Source