Open Text Corp
TSX:OTEX
Income Statement
Earnings Waterfall
Open Text Corp
Revenue
|
5.7B
USD
|
Cost of Revenue
|
-1.6B
USD
|
Gross Profit
|
4.1B
USD
|
Operating Expenses
|
-3.2B
USD
|
Operating Income
|
864.6m
USD
|
Other Expenses
|
-737.2m
USD
|
Net Income
|
127.4m
USD
|
Income Statement
Open Text Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 373
N/A
|
1 478
+8%
|
1 625
+10%
|
1 754
+8%
|
1 858
+6%
|
1 863
+0%
|
1 852
-1%
|
1 833
-1%
|
1 830
0%
|
1 823
0%
|
1 824
+0%
|
1 881
+3%
|
1 959
+4%
|
2 111
+8%
|
2 291
+9%
|
2 440
+7%
|
2 632
+8%
|
2 725
+4%
|
2 815
+3%
|
2 842
+1%
|
2 843
+0%
|
2 876
+1%
|
2 869
0%
|
2 898
+1%
|
2 935
+1%
|
3 030
+3%
|
3 110
+3%
|
3 217
+3%
|
3 301
+3%
|
3 319
+1%
|
3 386
+2%
|
3 414
+1%
|
3 436
+1%
|
3 485
+1%
|
3 494
+0%
|
3 514
+1%
|
3 534
+1%
|
3 897
+10%
|
4 485
+15%
|
5 058
+13%
|
5 696
+13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(455)
|
(477)
|
(511)
|
(551)
|
(592)
|
(600)
|
(598)
|
(592)
|
(583)
|
(572)
|
(574)
|
(598)
|
(627)
|
(696)
|
(762)
|
(821)
|
(894)
|
(926)
|
(951)
|
(954)
|
(942)
|
(939)
|
(931)
|
(933)
|
(937)
|
(980)
|
(1 004)
|
(1 024)
|
(1 044)
|
(1 024)
|
(1 034)
|
(1 044)
|
(1 052)
|
(1 065)
|
(1 062)
|
(1 062)
|
(1 063)
|
(1 158)
|
(1 317)
|
(1 465)
|
(1 609)
|
|
Gross Profit |
918
N/A
|
1 001
+9%
|
1 114
+11%
|
1 203
+8%
|
1 267
+5%
|
1 264
0%
|
1 254
-1%
|
1 241
-1%
|
1 247
+0%
|
1 251
+0%
|
1 250
0%
|
1 283
+3%
|
1 332
+4%
|
1 416
+6%
|
1 529
+8%
|
1 619
+6%
|
1 738
+7%
|
1 799
+3%
|
1 864
+4%
|
1 888
+1%
|
1 901
+1%
|
1 937
+2%
|
1 938
+0%
|
1 966
+1%
|
1 998
+2%
|
2 051
+3%
|
2 106
+3%
|
2 193
+4%
|
2 257
+3%
|
2 296
+2%
|
2 352
+2%
|
2 371
+1%
|
2 383
+1%
|
2 420
+2%
|
2 432
+0%
|
2 451
+1%
|
2 471
+1%
|
2 738
+11%
|
3 168
+16%
|
3 593
+13%
|
4 086
+14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(680)
|
(726)
|
(782)
|
(820)
|
(859)
|
(881)
|
(892)
|
(893)
|
(885)
|
(860)
|
(847)
|
(887)
|
(937)
|
(1 021)
|
(1 112)
|
(1 183)
|
(1 253)
|
(1 294)
|
(1 328)
|
(1 335)
|
(1 332)
|
(1 337)
|
(1 335)
|
(1 348)
|
(1 368)
|
(1 453)
|
(1 502)
|
(1 531)
|
(1 573)
|
(1 561)
|
(1 609)
|
(1 641)
|
(1 668)
|
(1 717)
|
(1 740)
|
(1 782)
|
(1 809)
|
(2 080)
|
(2 483)
|
(2 842)
|
(3 222)
|
|
Selling, General & Administrative |
(423)
|
(453)
|
(489)
|
(508)
|
(524)
|
(534)
|
(536)
|
(533)
|
(522)
|
(502)
|
(485)
|
(504)
|
(527)
|
(567)
|
(615)
|
(653)
|
(689)
|
(711)
|
(734)
|
(734)
|
(734)
|
(734)
|
(726)
|
(735)
|
(749)
|
(800)
|
(823)
|
(831)
|
(850)
|
(845)
|
(886)
|
(915)
|
(940)
|
(979)
|
(994)
|
(1 022)
|
(1 041)
|
(1 170)
|
(1 368)
|
(1 526)
|
(1 725)
|
|
Research & Development |
(168)
|
(172)
|
(177)
|
(181)
|
(186)
|
(192)
|
(197)
|
(198)
|
(198)
|
(193)
|
(194)
|
(206)
|
(225)
|
(254)
|
(282)
|
(301)
|
(316)
|
(322)
|
(323)
|
(323)
|
(319)
|
(320)
|
(322)
|
(326)
|
(330)
|
(353)
|
(370)
|
(383)
|
(403)
|
(405)
|
(421)
|
(428)
|
(431)
|
(439)
|
(440)
|
(450)
|
(457)
|
(550)
|
(681)
|
(805)
|
(915)
|
|
Depreciation & Amortization |
(90)
|
(102)
|
(116)
|
(131)
|
(149)
|
(155)
|
(159)
|
(162)
|
(165)
|
(166)
|
(168)
|
(176)
|
(184)
|
(200)
|
(215)
|
(229)
|
(248)
|
(261)
|
(271)
|
(278)
|
(280)
|
(284)
|
(288)
|
(287)
|
(290)
|
(301)
|
(309)
|
(317)
|
(320)
|
(311)
|
(302)
|
(298)
|
(297)
|
(300)
|
(305)
|
(310)
|
(312)
|
(361)
|
(434)
|
(511)
|
(582)
|
|
Operating Income |
239
N/A
|
275
+15%
|
332
+21%
|
383
+15%
|
408
+6%
|
383
-6%
|
362
-6%
|
348
-4%
|
362
+4%
|
391
+8%
|
403
+3%
|
396
-2%
|
395
0%
|
394
0%
|
417
+6%
|
436
+5%
|
485
+11%
|
505
+4%
|
536
+6%
|
553
+3%
|
568
+3%
|
600
+6%
|
603
+1%
|
618
+3%
|
629
+2%
|
597
-5%
|
604
+1%
|
662
+10%
|
684
+3%
|
735
+7%
|
743
+1%
|
730
-2%
|
715
-2%
|
703
-2%
|
692
-2%
|
669
-3%
|
662
-1%
|
658
-1%
|
685
+4%
|
752
+10%
|
865
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(21)
|
(28)
|
(35)
|
(40)
|
(47)
|
(55)
|
(63)
|
(73)
|
(73)
|
(76)
|
(83)
|
(96)
|
(113)
|
(116)
|
(120)
|
(122)
|
(115)
|
(119)
|
(135)
|
(135)
|
(140)
|
(120)
|
(127)
|
(123)
|
(132)
|
(133)
|
(134)
|
(135)
|
(121)
|
(80)
|
(51)
|
(57)
|
(43)
|
(91)
|
(313)
|
(142)
|
(143)
|
(268)
|
(157)
|
(489)
|
|
Non-Reccuring Items |
(22)
|
(33)
|
(31)
|
(32)
|
(20)
|
(9)
|
(13)
|
(26)
|
(41)
|
(34)
|
(35)
|
846
|
844
|
822
|
813
|
(69)
|
(54)
|
(36)
|
(24)
|
(29)
|
(43)
|
(41)
|
(36)
|
(18)
|
(18)
|
(45)
|
(118)
|
(126)
|
(99)
|
(74)
|
(2)
|
11
|
(43)
|
(51)
|
(74)
|
(88)
|
(70)
|
(133)
|
(177)
|
(177)
|
(213)
|
|
Total Other Income |
(3)
|
(1)
|
4
|
(8)
|
(16)
|
(28)
|
(28)
|
(23)
|
(13)
|
(1)
|
(1)
|
9
|
8
|
9
|
13
|
14
|
13
|
12
|
(7)
|
0
|
1
|
(1)
|
(6)
|
(1)
|
(3)
|
(5)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(13)
|
(19)
|
(22)
|
(30)
|
|
Pre-Tax Income |
198
N/A
|
220
+11%
|
277
+26%
|
309
+12%
|
332
+7%
|
299
-10%
|
266
-11%
|
237
-11%
|
236
0%
|
284
+21%
|
291
+2%
|
1 168
+302%
|
1 152
-1%
|
1 113
-3%
|
1 126
+1%
|
260
-77%
|
323
+24%
|
366
+14%
|
386
+5%
|
388
+1%
|
391
+1%
|
417
+7%
|
441
+6%
|
472
+7%
|
485
+3%
|
415
-15%
|
345
-17%
|
394
+14%
|
442
+12%
|
530
+20%
|
651
+23%
|
680
+4%
|
605
-11%
|
598
-1%
|
516
-14%
|
257
-50%
|
439
+71%
|
368
-16%
|
221
-40%
|
396
+79%
|
132
-67%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(46)
|
(48)
|
(59)
|
(57)
|
(59)
|
(45)
|
(32)
|
(25)
|
(11)
|
(17)
|
(6)
|
(12)
|
(39)
|
(46)
|
(100)
|
(110)
|
(117)
|
(119)
|
(125)
|
(123)
|
(121)
|
(139)
|
(155)
|
(148)
|
(159)
|
(135)
|
(111)
|
(130)
|
(351)
|
(374)
|
(340)
|
(341)
|
(112)
|
(122)
|
(119)
|
(109)
|
(120)
|
(67)
|
(71)
|
(47)
|
(5)
|
|
Income from Continuing Operations |
152
|
172
|
218
|
252
|
273
|
254
|
234
|
211
|
224
|
267
|
285
|
1 156
|
1 113
|
1 066
|
1 026
|
150
|
205
|
247
|
261
|
266
|
270
|
279
|
286
|
324
|
327
|
280
|
234
|
263
|
90
|
156
|
311
|
339
|
493
|
476
|
397
|
148
|
319
|
301
|
151
|
348
|
128
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
152
N/A
|
172
+13%
|
218
+27%
|
252
+16%
|
273
+8%
|
254
-7%
|
234
-8%
|
211
-10%
|
224
+6%
|
267
+19%
|
285
+7%
|
1 156
+306%
|
1 113
-4%
|
1 066
-4%
|
1 026
-4%
|
149
-85%
|
189
+27%
|
227
+20%
|
242
+7%
|
242
0%
|
261
+8%
|
275
+5%
|
286
+4%
|
324
+13%
|
327
+1%
|
280
-14%
|
234
-16%
|
263
+12%
|
90
-66%
|
156
+73%
|
311
+99%
|
339
+9%
|
493
+45%
|
476
-3%
|
397
-17%
|
148
-63%
|
318
+115%
|
301
-5%
|
150
-50%
|
348
+132%
|
127
-63%
|
|
EPS (Diluted) |
0.64
N/A
|
0.72
+13%
|
0.9
+25%
|
1.04
+16%
|
1.12
+8%
|
1.04
-7%
|
0.95
-9%
|
0.86
-9%
|
0.92
+7%
|
1.09
+18%
|
1.17
+7%
|
4.72
+303%
|
4.49
-5%
|
4.01
-11%
|
4.01
N/A
|
0.57
-86%
|
0.7
+23%
|
0.84
+20%
|
0.9
+7%
|
0.89
-1%
|
0.96
+8%
|
1.03
+7%
|
1.06
+3%
|
1.2
+13%
|
1.21
+1%
|
1.04
-14%
|
0.86
-17%
|
0.98
+14%
|
0.34
-65%
|
0.57
+68%
|
1.14
+100%
|
1.24
+9%
|
1.8
+45%
|
1.75
-3%
|
1.46
-17%
|
0.54
-63%
|
1.18
+119%
|
1.11
-6%
|
0.56
-50%
|
1.29
+130%
|
0.47
-64%
|