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Open Text Corporation (T:OTEX)

Business Focus: Enterprise Software

This company is also listed in the United States as OTEX on the NASDAQ. Click here to get the live US quote and see if there are any SEC insider filings..
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
Madhu Ranganathan
Co-President, Chief Financial Officer and Corporate Development
Paul Rodgers
Executive Vice President - Sales Operations
Paul Duggan
Co-President and Chief Customer Officer
Mark J. Barrenechea
Chief Executive Officer, Vice Chairman of the Board, Chief Technology Officer
Todd Cione
President - OpenText Worldwide Sales
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
   
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: $23,718M as of Dec 31, 2023
Annual revenue (TTM): $7,802M as of Dec 31, 2023
EBITDA (TTM): $2,375M as of Dec 31, 2023
Net annual income (TTM): $174.51M as of Dec 31, 2023
Free cash flow (TTM): $614.23M as of Dec 31, 2023
Net Debt Last Fiscal Year: $10,308M 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