Open Text market cap is C$15.5 b, and annual revenue was $2.87 b in FY 2019

Open Text Gross profit (Q3, 2020)532.5 M

Open Text Gross profit margin (Q3, 2020), %65.4%

Open Text Net income (Q3, 2020)26 M

Open Text EBIT (Q3, 2020)95.1 M

Open Text Cash, 31-Mar-20201.5 B

Open Text EV18.5 B

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

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

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 1.8b | 2.3b | 2.8b | 2.9b |

| (1%) | 26% | 23% | 2% |

## Cost of goods sold | 574.0m | 762.4m | 951.4m | 930.7m |

## Gross profit | 1.3b | 1.5b | 1.9b | 1.9b |

| 69% | 67% | 66% | 68% |

## Sales and marketing expense | 344.2m | 444.8m | 529.4m | 518.0m |

## R&D expense | 194.1m | 281.7m | 323.5m | 321.8m |

## General and administrative expense | 140.4m | 170.4m | 205.3m | 207.9m |

## Operating expense total | 713.5m | 960.6m | 1.1b | 1.4b |

## Depreciation and amortization | 168.1m | 215.2m | 271.1m | 287.5m |

## EBIT | 368.6m | 352.9m | 505.4m | 567.0m |

| 20% | 15% | 18% | 20% |

## Interest expense | 76.4m | 119.1m | 137.3m | 136.6m |

## Pre tax profit | 290.8m | 249.6m | 386.1m | 440.6m |

## Income tax expense | 6.3m | (776.4m) | 143.8m | 154.9m |

## Net Income | 284.5m | 1.0b | 242.3m | 285.6m |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 1.3b | 443.4m | 682.9m | 941.0m |

## Accounts Receivable | 285.9m | 445.8m | 488.0m | 463.8m |

## Prepaid Expenses | 59.0m | 81.6m | 101.1m | 97.2m |

## Current Assets | 1.7b | 1.0b | 1.3b | 1.6b |

## PP&E | 183.7m | 227.4m | 264.2m | 249.5m |

## Goodwill | 2.3b | 3.4b | 3.6b | 3.8b |

## Total Assets | 5.2b | 7.5b | 7.8b | 7.9b |

## Accounts Payable | 257.5m | 43.7m | 41.7m | 46.3m |

## Short-term debt | 8.0m | 182.8m | 10.0m | 10.0m |

## Current Liabilities | 671.0m | 1.1b | 994.6m | 1.0b |

## Long-term debt | 2.1b | 2.4b | 2.6b | 2.6b |

## Non-Current Liabilities | 2.5b | 2.8b | 3.1b | 3.0b |

## Total Debt | 2.1b | 2.6b | 2.6b | 2.6b |

## Total Liabilities | 3.2b | 3.9b | 4.0b | 4.0b |

## Common Stock | 817.8m | 1.4b | 1.7b | 1.8b |

## Additional Paid-in Capital | 147.3m | 173.6m | ||

## Retained Earnings | 992.5m | 1.9b | 2.0b | 2.1b |

## Total Equity | 2.0b | 3.5b | 3.7b | 3.9b |

## Debt to Equity Ratio | 1.1 x | 0.7 x | 0.7 x | 0.7 x |

## Debt to Assets Ratio | 0.4 x | 0.3 x | 0.3 x | 0.3 x |

## Financial Leverage | 2.6 x | 2.1 x | 2.1 x | 2 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 284.5m | 1.0b | 242.3m | 285.6m |

## Depreciation and Amortization | 242.4m | 345.7m | 456.9m | 474.3m |

## Accounts Receivable | 9.0m | (126.8m) | (22.6m) | 75.5m |

## Accounts Payable | (5.7m) | 53.5m | (91.6m) | (21.7m) |

## Cash From Operating Activities | 525.7m | 439.3m | 709.9m | 876.3m |

## 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 | 430.2m | 909.5m | (23.7m) | (148.4m) |

## Net Change in Cash | 583.8m | (840.4m) | 239.6m | 259.6m |

USD | Y, 2020 |
---|---|

## EV/EBIT | 194.7 x |

## EV/CFO | 27.4 x |

## Financial Leverage | 2.5 x |

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, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cloud Customers | 60 k | 74 k | ||||||||||

## Countries | 40 | |||||||||||

## Customers | 120 k | |||||||||||

## Data Centers | 37 | 30 | ||||||||||

## Data under Management, petabytes | 1 k | |||||||||||

## Enterprise Customers | 10 k | 10 k | 10 k | |||||||||

## Infrastructure Partners | 1.40 m | 2 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 m | 60 m |

FY, 2019 | FY, 2018 | FY, 2017 | FY, 2016 | |
---|---|---|---|---|

Female (Executive Leadership), percent | 5.7 % | 11 % | ||

Female (Board), percent | 9 % | 10 % | 10 % | 11 % |

Male (Senior Leadership), percent | 26.3 % | 25.7 % | 26.7 % | 26.7 % |

Male (Executive Leadership), percent | 27.7 % | 22.3 % | 30.7 % | 30.7 % |

Female (Senior Leadership), percent | 7 % | 7.7 % | 6.7 % | 6.7 % |

Male (Board), percent | 24.3 % | 23.3 % | 23.3 % | 22.3 % |

Other | 2.7 % | 2.7 % |

- Source: www.sec.gov, www.sec.gov, www.sec.gov, www.sec.gov