{ "docId": "019de513-e474-77c1-bd83-54f0da2800fe", "docSlug": "fbe24faa3d02de4f891e620612d234fa", "documentTitle": "OpenText | Mergers and Acquisitions Presentation Deck | 26 slides", "authorId": "opentext", "authorName": "OpenText", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investment_bank", "sourceTypeLabel": "Investment bank", "presentationDate": "2022-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 8, "pageCount": 26, "prevPage": 7, "nextPage": 9, "slideType": "competitive_analysis", "function": "compare_peers", "density": "overcrowded", "nDataPoints": 40, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de513-e474-77c1-bd83-54f0da2800fe/8", "deckHref": "/decks/019de513-e474-77c1-bd83-54f0da2800fe", "deckJsonHref": "/decks/019de513-e474-77c1-bd83-54f0da2800fe.json", "deckAnchorHref": 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$468\nApplication Delivery\nManagement: $587\nIT Operations\nManagement: $690\nCyber Resilience: $597\nInformation Management &\nGovernance: $325", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6a72e46d-e5ec-4d1f-bdb3-646f0bf8962f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.19, "x": 0.79, "y": 0.69 }, "kind": "chart", "text": "Geography TTM ($M)\nNorth America (NAM): $1,271\nInternational: $1,052\nAPJ*: $343\n*Asia-Pacific & Japan", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a6f131be-3304-423c-8982-9e79b95c315d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.24, "x": 0.28, "y": 0.26 }, "kind": "chart", "text": "Total Revenue F'22 ($M) by Product Type:\nCloud: $1,535\nCustomer Support: $1,331\nLicense: $358\nProfessional service: $270\nTotal revenues: $3.5Bn", "attrs": null, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ed85c6a7-5c73-4991-b98a-6f722825a39e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.04, "y": 0.7 }, "kind": "metric", "text": "$889M", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "28dc479a-c51e-46d7-a62a-8001c95b97e8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.55, "y": 0.56 }, "kind": "metric", "text": "$942M", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2ef76e16-6ebe-4e9f-9383-9ce6b4da35dc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.06, "x": 0.67, "y": 0.7 }, "kind": "metric", "text": "9.5%", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "34c2d54e-4d4f-4078-95c1-70592b38d570", "frameworkName": 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"attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5f607ff4-9cb0-41c3-b013-14487e62d3b4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.12, "x": 0.16, "y": 0.42 }, "kind": "metric", "text": "~14,800", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6778efa3-987b-45dc-9e4c-627b18acb76c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.06, "x": 0.55, "y": 0.42 }, "kind": "metric", "text": "69%", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "69330531-e3f0-446e-a173-b6da1c5b8298", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.55, "y": 0.28 }, "kind": "metric", "text": "$2.7B", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a505fcca-64db-4601-93cc-1f248d1a0ce1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.04, "y": 0.56 }, "kind": "metric", "text": "$1.3B", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ee66ac99-fd84-4111-bd9a-22d8882027ff", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.16, "y": 0.7 }, "kind": "metric", "text": "25.4%", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f13749e2-7ac8-48a5-8eb9-6539c8c45d69", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.16, "y": 0.56 }, "kind": "metric", "text": "36.2%", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f6726af9-d6d4-495b-a31a-91045c84f7de", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.12, "x": 0.67, "y": 0.42 }, "kind": "metric", "text": "~11,000", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f90fae42-9f5f-4a58-b2d3-e0ac6e92fee0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.12, "x": 0.04, "y": 0.31 }, "kind": "paragraph", "text": "F'22 Revenue\n(FY ended June 30, 2022)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "06805d33-0bc5-4d63-8254-c526a507ffc4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.15, "x": 0.67, "y": 0.21 }, "kind": "paragraph", "text": "Micro Focus(3)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "13c195ee-7236-453e-a66e-fa0bc79755d0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.11, "x": 0.67, "y": 0.73 }, "kind": "paragraph", "text": "A-FCF as % of TTM\nRevenue (4)(7)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1bcecf0f-2e5e-41dd-9f77-d941957d9a84", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.12, "x": 0.16, "y": 0.45 }, "kind": "paragraph", "text": "Employees\n(as of June 30, 2022)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1ccf71d3-fc97-43fc-a059-8e581d6b0ed1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.04, "x": 0.04, "y": 0.45 }, "kind": "paragraph", "text": "ARR(1)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2fe7786a-8b69-4b90-a2e8-0d1349c35d43", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.12, "x": 0.04, "y": 0.8 }, "kind": "paragraph", "text": "Strategic Partners\n1M+ Trading Partners\n22,000 MSPs", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "34989718-f567-4945-a07c-f589e17e79a5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.12, "x": 0.16, "y": 0.59 }, "kind": "paragraph", "text": "A-EBITDA Margin % (2)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3d410d14-495d-4dcc-9e18-873da86ed7fd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.04, "x": 0.04, "y": 0.73 }, "kind": "paragraph", "text": "FCF(2)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "44050cfe-390c-4221-9e57-06d5683da25d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.08, "x": 0.55, "y": 0.59 }, "kind": "paragraph", "text": "A-EBITDA(6)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "56ab46ac-9716-45d8-a3bf-046959756792", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.09, "x": 0.16, "y": 0.73 }, "kind": "paragraph", "text": "FCF as % of Total\nRevenue", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5fc790a0-7018-4c3e-af5f-2410cf3538a3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.12, "x": 0.16, "y": 0.28 }, "kind": "paragraph", "text": "Waterloo, CA\nHeadquarters", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "68f0eb71-6382-4861-a142-1e678b258562", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.12, "x": 0.67, "y": 0.8 }, "kind": "paragraph", "text": "180+\nCountries generating\nrevenue", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "72279f99-3a19-45b7-acad-113b659b074b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.09, "x": 0.55, "y": 0.31 }, "kind": "paragraph", "text": "TTM Revenue(4)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "772a4a45-2fae-4c5b-878d-b78ea7c825c0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.08, "x": 0.67, "y": 0.45 }, "kind": "paragraph", "text": "Employees", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "81bb1b76-e04d-4f8d-9657-c09a5ac23cde", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.12, "x": 0.67, "y": 0.59 }, "kind": "paragraph", "text": "A-EBITDA Margin %(6)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "85143f11-1b1f-4ae4-89e8-6b3b6f3ec141", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.06, "x": 0.55, "y": 0.73 }, "kind": "paragraph", "text": "A-FCF(7)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "984b2b87-59ab-4a0a-96ec-d00129a3647f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.12, "x": 0.67, "y": 0.28 }, "kind": "paragraph", "text": "Newbury, UK\nHeadquarters", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b432a4db-a933-42cf-b337-10201cb5ef8f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.06, "x": 0.55, "y": 0.45 }, "kind": "paragraph", "text": "ARR(4) (5)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b476cdf7-65ec-46c9-a642-7c666f3cbfce", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.12, "x": 0.16, "y": 0.8 }, "kind": "paragraph", "text": "100+\nCountries generating\nrevenue", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c641ae14-d980-4316-aa25-5a6b0555042a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.08, "x": 0.04, "y": 0.59 }, "kind": "paragraph", "text": "A-EBITDA (2)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d279d7ca-c3f5-4c42-a619-310abc121a72", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.12, "x": 0.55, "y": 0.8 }, "kind": "paragraph", "text": "7,500+\nGlobal Partners", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d3fa7263-5e45-4ceb-8d03-0f7f418a9ce1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.12, "x": 0.22, "y": 0.21 }, "kind": "paragraph", "text": "OpenText", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f2aa672d-a449-459b-a02f-5771a22810e5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.94, "x": 0.04, "y": 0.9 }, "kind": "source-note", "text": "1. Annual recurring revenue (ARR) is defined as the sum of cloud services and subscriptions revenue and customer support revenue\n2. Please refer to \"Use of Non-GAAP Financial Measures\" 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\n3. For Micro Focus, financial statement numbers are based upon IFRS, as disclosed in their 20-F filings. Please refer to their full year results in their investor presentation and earnings press release for the year-ended October 31, 2021, Please refer to Micro Focus' Annual Report and Accounts for the year ended October 31, 2021 on\nForm 20-F under \"Segment Reporting and Micro Focus' Interim Results for the six-months ended April 30, 2022, on Form 6-K under \"Alternative Performance Measures\" for certain reconciliations\n4. Pro forma TTM revenue is a non-GAAP financial measure and represents Micro Focus' unaudited proforma revenue for the twelve months ended April 30, 2022, excluding Digital Safe revenue\n5. ARR is defined as the sum of SaaS and other recurring and Maintenance revenues\n6. Pro forma TTM A-EBITDA represents Micro Focus' unaudited proforma A-EBITDA for the twelve months ended April 30, 2022, excluding Digital Safe A-EBITDA\n7. Adjusted Free cash flow is based on Free cash flow for the twelve months ended April 30, 2022, excluding Digital Safe as provided by Micro Focus in their earnings press release", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5f3df7a3-b6e4-4864-94ad-0ba520a1333d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.66, "x": 0.02, "y": 0.07 }, "kind": "title", "text": "OpenText and Micro Focus Snapshot", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e98bfa5f-8079-4fe6-911e-cb38883d30cb", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Chart Selection Guide", "slug": "chart-selection-guide", "agent": "Designer", "layer": "slide", "matchId": "0599800d-e85f-440a-874d-6ebd163a2ca8", "evidence": "chart/pie: Product Group TTM ($M)", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 8, "from": 7, "beatId": "95c58051-68c8-4724-9596-d1ea87e77d5f", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Problem", "beatSlug": "sequoia-pitch-problem", "evidence": "Slides 7-8 discuss the market and the opportunity for digital transformation", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }