Sector: Technology | Industry: Software |
Company Contact | |
Address: | 275 Frank Tompa Drive WATERLOO ON N2L 0A1 |
Tel: | N/A |
Website: | https://www.opentext.com |
IR: | See website |
Key People | ||
Mark J. Barrenechea Chief Executive Officer, Vice Chairman of the Board, Chief Technology Officer | Prentiss Donohue Executive Vice President - Cybersecurity Sales | Madhu Ranganathan Chief Financial Officer, Executive Vice President |
Brian Sweeney Chief Human Resource Officer, Executive Vice President | Renee Mckenzie Executive Vice President, Chief Information Officer | Sandy Ono Executive Vice President, Chief Marketing Officer |
Simon Harrison Executive Vice President - Enterprise Sales | James Mcgourlay Executive Vice President of International Sales | Paul Rodgers Executive Vice President - Sales Operations | Michael Acedo Executive Vice President, Chief Legal Officer and Corporate Secretary |
Business Overview |
OpenText Corporation is a Canada-based information management company, which provides software and services. The Company's comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence cloud. The Company's solutions range from connecting digital supply chains to managing human resource processes to driving better information technology service management in manufacturing, retail, and financial services. |
Financial Overview |
For the six months ended 31 December 2023, Open Text Corp revenues increased 69% to $2.96B. Net income decreased 16% to $118.6M. Revenues reflect Customer support segment increase from $633.9M to $1.39B, License segment increase from $170.5M to $462.3M, Americas segment increase of 52% to $1.73B, EMEA segment increase from $463.7M to $950.3M. Net income was offset by Research and development increase from $219.9M to $454.7M (expense). |
Employees: | 24,100 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $24,670M as of Dec 31, 2023 |
Annual revenue (TTM): | $7,711M as of Dec 31, 2023 |
EBITDA (TTM): | $2,347M as of Dec 31, 2023 |
Net annual income (TTM): | $172.47M as of Dec 31, 2023 |
Free cash flow (TTM): | $607.06M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $10,188M as of Dec 31, 2023 |
Shares outstanding: | 272,057,977 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |