OpenText Investor Presentation Deck slide image

OpenText Investor Presentation Deck

Summary of Quarterly Results with Constant Currency (In millions U.S. dollars, except per share data) Revenues: Cloud services and subscriptions Customer support Total annual recurring revenues License Professional service and other Total revenues ** GAAP-based operating income Non-GAAP-based operating income (1) GAAP-based net income, attributable to OpenText GAAP-based EPS, diluted Non-GAAP-based EPS, diluted (1)(2) Adjusted EBITDA (1) Operating cash flows Free cash flows (1) Q2 FY'23 $408.7 316.5 $725.2 108.0 64.3 $897.4 $184.7 $318.1 $258.5 $0.96 $0.89 $340.9 $195.2 $163.0 Q2 FY'22 $364.9 334.9 $699.8 109.5 67.5 $876.8 $192.9 $321.8 $88.3 $0.32 $0.89 $343.5 $216.6 $206.0 $ Change $43.8 (18.4) $25.4 (1.5) (3.2) $20.6 ($8.2) ($3.7) $170.2 $0.64 ($2.6) ($21.5) ($43.1) % Change 12.0% (5.5) % 3.6 % (1.4) % (4.8) % 2.4 % (4.3) % (1.1) % 192.7 % 200.0 % % (0.8) % (9.9) % (20.9) % Q2 FY¹23 in CC* $423.2 337.8 $761.0 114.8 69.2 $945.0 N/A $333.2 N/A N/A $0.94 $356.1 Note: Individual line items in table may be adjusted by non-material amounts to enable totals to align to published financial statements. *CC: Constant Currency for this purpose is defined as the current period reported revenues/expenses/earnings represented at the prior comparative period's foreign exchange rate. Annual recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue. ** opentext™ N/A N/A % Change in CC* 16.0 % 0.9 % 8.7 % 4.8 % 2.5 % 7.8 % N/A 3.5 % N/A N/A 5.6 % 3.7 % N/A N/A (1) See reconciliation of GAAP-based measures to Non-GAAP-based measures at the end of this presentation. (2) Please also see Note 14 to the Company's Fiscal 2018 Consolidated Financial Statements on Form 10-K. Reflective of the amount of net tax benefit arising from the internal reorganization assumed to be allocable to the current period based on the forecasted utilization period. OpenText ©2023 All rights reserved 42
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