Open Text (OTEX.TO) stock price, revenue, and financials

Open Text market cap is $11 b, and annual revenue was $2.87 b in FY 2019

$11 B

OTEX.TO Mkt cap, 24-Sept-2019

$771.6 M

Open Text Revenue Q2, 2020
Open Text Gross profit (Q2, 2020)539.2 M
Open Text Gross profit margin (Q2, 2020), %69.9%
Open Text Net income (Q2, 2020)107.5 M
Open Text EBIT (Q2, 2020)184.7 M
Open Text Cash, 31-Dec-2019675.4 M
Open Text EV14 B

Open Text Revenue

Open Text revenue was $2.87 b in FY, 2019 which is a 1.9% year over year increase from the previous period.

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Open Text Revenue Breakdown

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Open Text revenue breakdown by business segment: 43.5% from Customer Support, 9.9% from Professional Service and Other, 31.6% from Cloud Services and Subscriptions and 14.9% from License

Open Text revenue breakdown by geographic segment: 10.6% from All other countries, 18.6% from Rest of Europe, 7.1% from Germany, 6.4% from United Kingdom, 52.0% from United States and 5.4% from Canada

Open Text Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.8b2.3b2.8b2.9b

Revenue growth, %

(1%)26%23%2%

Cost of goods sold

574.0m762.4m951.4m930.7m

Gross profit

1.3b1.5b1.9b1.9b

Gross profit Margin, %

69%67%66%68%

Sales and marketing expense

344.2m444.8m529.4m518.0m

R&D expense

194.1m281.7m323.5m321.8m

General and administrative expense

140.4m170.4m205.3m207.9m

Operating expense total

713.5m960.6m1.1b1.4b

Depreciation and amortization

168.1m215.2m271.1m287.5m

EBIT

368.6m352.9m505.4m567.0m

EBIT margin, %

20%15%18%20%

Interest expense

76.4m119.1m137.3m136.6m

Pre tax profit

290.8m249.6m386.1m440.6m

Income tax expense

6.3m(776.4m)143.8m154.9m

Net Income

284.5m1.0b242.3m285.6m

Open Text Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.3b443.4m682.9m941.0m

Accounts Receivable

285.9m445.8m488.0m463.8m

Prepaid Expenses

59.0m81.6m101.1m97.2m

Current Assets

1.7b1.0b1.3b1.6b

PP&E

183.7m227.4m264.2m249.5m

Goodwill

2.3b3.4b3.6b3.8b

Total Assets

5.2b7.5b7.8b7.9b

Accounts Payable

257.5m43.7m41.7m46.3m

Short-term debt

8.0m182.8m10.0m10.0m

Current Liabilities

671.0m1.1b994.6m1.0b

Long-term debt

2.1b2.4b2.6b2.6b

Non-Current Liabilities

2.5b2.8b3.1b3.0b

Total Debt

2.1b2.6b2.6b2.6b

Total Liabilities

3.2b3.9b4.0b4.0b

Common Stock

817.8m1.4b1.7b1.8b

Additional Paid-in Capital

147.3m173.6m

Retained Earnings

992.5m1.9b2.0b2.1b

Total Equity

2.0b3.5b3.7b3.9b

Debt to Equity Ratio

1.1 x0.7 x0.7 x0.7 x

Debt to Assets Ratio

0.4 x0.3 x0.3 x0.3 x

Financial Leverage

2.6 x2.1 x2.1 x2 x

Open Text Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

284.5m1.0b242.3m285.6m

Depreciation and Amortization

242.4m345.7m456.9m474.3m

Accounts Receivable

9.0m(126.8m)(22.6m)75.5m

Accounts Payable

(5.7m)53.5m(91.6m)(21.7m)

Cash From Operating Activities

525.7m439.3m709.9m876.3m

Purchases of PP&E

(70.0m)(79.6m)(105.3m)(63.8m)

Cash From Investing Activities

(361.2m)(2.2b)(444.4m)(464.5m)

Long-term Borrowings

(8.0m)(57.9m)(1.1b)(10.0m)

Dividends Paid

(99.3m)(120.6m)(145.6m)(168.9m)

Cash From Financing Activities

430.2m909.5m(23.7m)(148.4m)

Net Change in Cash

583.8m(840.4m)239.6m259.6m

Open Text Ratios

USDY, 2019

EV/EBIT

75.9 x

EV/CFO

40.7 x

Revenue/Employee

59.4k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x

Open Text Operating Metrics

Open Text's Enterprise Customers was reported to be 10 k in FY, 2018. Open Text's Customers was reported to be 120 k in FY, 2018. Open Text's Users was reported to be 60 m in FY, 2019.
Jun, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Cloud Customers

60 k74 k

Countries

40

Customers

120 k

Data Centers

37 30

Data under Management, petabytes

1 k

Enterprise Customers

10 k10 k10 k

Infrastructure Partners

1.40 m2 m

Partners

600 k

Private Cloud Customers

2 k

Recurring Revenue

$1.69 b$489.30 m$516.20 m$521.40 m$2.06 b$519.63 m$529.59 m$549.37 m$2.16 b$549.56 m$563.85 m

Transactions

18 b

Users

100 m60 m

Open Text Human Capital

FY, 2019FY, 2018FY, 2017FY, 2016
Female (Executive Leadership), percent5.7 %11 %
Female (Board), percent9 %10 %10 %11 %
Male (Senior Leadership), percent26.3 %25.7 %26.7 %26.7 %
Male (Executive Leadership), percent27.7 %22.3 %30.7 %30.7 %
Female (Senior Leadership), percent7 %7.7 %6.7 %6.7 %
Male (Board), percent24.3 %23.3 %23.3 %22.3 %
Other2.7 %2.7 %

Open Text Employee Rating

3.21771 votes
Culture & Values
3.3
Work/Life Balance
3.7
Senior Management
2.9
Salary & Benefits
3.2
Career Opportunities
3.0
Source