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

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

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C$15.5 B

OTEX.TO Mkt cap, 29-May-2020

$814.7 M

Open Text Revenue Q3, 2020

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

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

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	1.8b	2.3b	2.8b	2.9b
Revenue growth, %	(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
Gross profit Margin, %	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
EBIT margin, %	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

Quarterly

USD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Revenue	491.7m	542.7m	593.1m	640.7m	734.4m	685.9m	667.2m	735.2m	719.1m	696.9m	771.6m	814.7m
Cost of goods sold	164.4m	168.0m	210.5m	223.5m	240.3m	242.7m	226.3m	228.0m	239.6m	228.5m	232.4m	282.2m
Gross profit	327.3m	374.7m	382.6m	417.2m	494.1m	443.1m	440.8m	507.2m	479.5m	468.4m	539.2m	532.5m
Gross profit Margin, %	67%	69%	65%	65%	67%	65%	66%	69%	67%	67%	70%	65%
Sales and marketing expense	95.1m	102.7m	117.5m	122.8m	129.1m	130.0m	120.2m	126.2m	132.2m	128.6m	137.3m	166.2m
R&D expense	58.6m	64.7m	77.1m	77.6m	80.3m	83.5m	77.5m	75.8m	84.9m	81.2m	80.3m	108.2m
General and administrative expense	38.2m	39.9m	44.8m	48.9m	49.0m	54.8m	50.9m	52.2m	51.8m	51.5m	54.6m	68.8m
Operating expense total	204.4m	218.4m	260.0m	267.4m	259.5m	268.3m	271.9m	263.5m	269.8m	335.9m	354.4m	437.4m
Depreciation and amortization	48.9m	49.1m	57.4m	62.7m	68.3m	69.9m	69.7m	69.8m	73.9m	69.4m	72.2m	88.2m
EBIT	74.1m	107.2m	65.3m	87.1m	166.6m	102.3m	99.2m	173.9m	135.9m	132.5m	184.7m	95.1m
EBIT margin, %	15%	20%	11%	14%	23%	15%	15%	24%	19%	19%	24%	12%
Interest expense	27.3m	27.7m	31.7m	33.3m	34.1m	34.5m	34.5m	33.6m	35.6m	32.2m	32.4m	41.3m
Pre tax profit	53.5m	75.9m	35.0m	64.1m	138.1m	78.9m	66.2m	140.7m	105.3m	97.5m	154.3m	34.9m
Income tax expense	(859.4m)	30.8m	13.2m	27.4m	53.1m	20.1m	29.9m	36.2m	32.5m	23.1m	46.8m	8.9m
Net Income	912.9m	45.0m	21.7m	36.7m	84.9m	58.8m	36.3m	104.5m	72.8m	74.4m	107.5m	26.0m

Annual

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

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Cash	376.4m	476.0m	605.5m	787.9m	595.1m	765.2m	999.3m	675.4m	1.5b
Accounts Receivable	457.8m	512.0m	515.0m	416.3m	482.3m	478.3m	411.0m	526.0m	459.3m
Prepaid Expenses	98.5m	101.1m	105.7m	80.6m	82.2m	96.0m	91.8m	105.0m	112.1m
Current Assets	958.6m	1.1b	1.3b	1.3b	1.2b	1.4b	1.5b	1.4b	2.1b
PP&E	245.4m	260.9m	264.9m	246.5m	246.7m	242.0m	248.6m	273.4m	258.9m
Goodwill	3.6b	3.6b	3.6b	3.6b	3.7b	3.8b	3.8b	4.7b	4.7b
Total Assets	7.7b	7.7b	7.8b	7.6b	7.7b	7.9b	8.0b	9.5b	10.2b
Accounts Payable	20.6m	48.9m	39.3m	21.2m	25.9m	34.1m	36.2m	45.3m	50.1m
Short-term debt	382.8m	382.8m	282.8m	10.0m	10.0m	10.0m	10.0m	913.6m	678.9m
Current Liabilities	1.3b	1.3b	1.3b	875.3m	911.5m	1.0b	951.9m	2.2b	1.9b
Long-term debt	2.4b	2.4b	2.4b	2.6b	2.6b	2.6b	2.8b	2.8b	3.8b
Non-Current Liabilities	2.8b	2.8b	2.8b	3.0b	3.0b	3.0b	3.2b	3.3b	4.3b
Total Debt	2.8b	2.8b	2.7b	2.6b	2.6b	2.6b	2.8b	3.7b	4.5b
Total Liabilities	4.1b	4.1b	4.1b	3.9b	394.3m	4.0b	4.1b	5.5b
Common Stock	1.6b	1.7b	1.7b	1.7b	1.7b	1.8b	1.8b	1.8b
Additional Paid-in Capital									1.8b
Retained Earnings	1.9b	1.9b	2.0b	2.0b	2.1b	2.1b	2.1b	2.2b	2.2b
Total Equity	3.6b	3.6b	3.7b	3.7b	3.8b	3.8b	3.9b	4.0b	4.0b
Debt to Equity Ratio	0.8 x	0.8 x	0.7 x	0.7 x	0.7 x	0.7 x	0.7 x	0.9 x
Debt to Assets Ratio	0.4 x	0.4 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.4 x
Financial Leverage	2.2 x	2.1 x	2.1 x	2 x	2 x	2 x	2.1 x	2.4 x	2.5 x

Annual

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

Quarterly

USD	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Net Income	912.9m	957.9m	979.7m	36.7m	121.6m	180.4m	363.7k	140.8m	213.6m	74.4m	181.9m	207.9m
Depreciation and Amortization	72.0m	146.0m	242.6m	106.6m	222.1m	339.3m	117.2m	235.3m	353.8m	109.7m	224.2m	372.4m
Accounts Receivable	16.2m	456.0k	(37.1m)	5.2m	(49.5m)	(55.7m)	73.9m	33.5m	52.8m	58.4m	2.6m	86.2m
Accounts Payable	(30.6m)	(24.0m)	16.5m	(64.5m)	(72.5m)	(92.3m)	(40.0m)	(29.7m)	(30.6m)	(63.0m)	(33.2m)	(42.3m)
Cash From Operating Activities	73.5m	180.5m	336.8m	67.1m	233.7m	504.4m	171.4m	360.5m	646.5m	137.4m	344.7m	674.3m
Purchases of PP&E	(20.7m)	(32.3m)	(50.1m)	(30.4m)	(55.9m)	(83.0m)	(24.5m)	(33.5m)	(50.4m)	(18.6m)	(38.2m)	(55.0m)
Cash From Investing Activities	(501.2m)	(515.9m)	(2.2b)	(326.7m)	(364.6m)	(415.2m)	(27.8m)	(353.4m)	(442.4m)	(20.6m)	(1.3b)	(1.4b)
Long-term Borrowings	(2.0m)	(4.0m)	(5.9m)	(1.9m)	(3.9m)	(105.8m)	(2.5m)	(5.0m)	(7.5m)	(2.5m)	(5.0m)	(1.7b)
Dividends Paid	(27.8m)	(55.6m)	(86.0m)	(35.0m)	(69.8m)	(105.0m)	(40.5m)	(81.2m)	(121.9m)	(47.0m)	(94.1m)	(141.4m)
Cash From Financing Activities	(25.8m)	790.4m	992.5m	184.9m	155.9m	55.2m	(37.5m)	(87.3m)	(114.7m)	(50.8m)	660.6m	1.3b
Net Change in Cash	(448.8m)	438.7m	(834.8m)	(67.0m)	32.7m	162.1m	106.6m	(86.1m)	85.5m	58.3m	(263.3m)	514.1m

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

Job Roles

	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 %