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Strong Cash Flows and Balance Sheet
Current Liquidity (US$)
Total Cash & Committed
Liquidity (1)
TTM Q1 FY'23 (US$M)
Operating Cash Flows
Less: CapEx
Free Cash Flows (³)
Less: Principal(4)
Less: Dividends
Less: Share Buyback
Cash Generated for
Corporate Purposes (5)
opentext™
$2.45 B
$924
$103
$821
$10
$242
$177
$392
Millions USD
1.8x
Q1 FY'21
1000
800
600
400
200
0
Trended Consolidated Net Leverage Ratio (²)
Zix Acquisition
Closing
2.0x
1.6x
Q2 FY'21
10
CY'22
10
CY¹23
1.6x
Q3 FY¹21
10
CY'24
1.5x
Q4 FY'21
1.4x
933
Q1 FY¹22
Debt Maturity Profile (6)
Q2 FY'22
CY'25 CY'26
Term Loan B
CY'27
900
CY'28
Senior Notes
1.9x
Q3 FY'22
850
CY¹29
1. Excludes restricted cash. Includes Cash and the Undrawn Revolver of $750m as of September 30, 2022.
2. Consolidated Net Leverage Ratio (pro forma) is calculated using bank covenant methodology.
3. Please refer to "Use of Non-GAAP Financial Measures" at the end of this presentation and "Reconciliation of selected GAAP-based measures to Non-GAAP-based measures" included within our current and historical filings on Forms 10-Q, 10-K and 8-K.
4. Excludes redemption of $850m Snr. Notes 2026 in Q2F22. As of September 30, 2022, we had no outstanding balance under the Revolver.
5. Corporate purposes may include acquisitions, debt repayment, share repurchases, or other initiatives.
6. Undrawn Revolving Credit Facility of $750m matures in October 2024
2.0x
Q4 FY'22
900
2.1x
Q1 FY¹23
650
CY'30 CY'31
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