{
  "docId": "019de517-782d-717c-a78a-070bc20ca4e3",
  "docSlug": "96aa928b85795e5d6c0f4c66ff040f20",
  "documentTitle": "OpenText | Investor Presentation Deck | 45 slides",
  "authorId": "opentext",
  "authorName": "OpenText",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 30,
  "pageCount": 45,
  "prevPage": 29,
  "nextPage": 31,
  "slideType": "revenue_buildup",
  "function": "quantify_opportunity",
  "density": "overcrowded",
  "nDataPoints": 50,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-782d-717c-a78a-070bc20ca4e3/30",
  "deckHref": "/decks/019de517-782d-717c-a78a-070bc20ca4e3",
  "deckJsonHref": "/decks/019de517-782d-717c-a78a-070bc20ca4e3.json",
  "deckAnchorHref": "/decks/019de517-782d-717c-a78a-070bc20ca4e3#slide-30",
  "components": [
    {
      "bbox": {
        "h": 0.022,
        "w": 0.09,
        "x": 0.039,
        "y": 0.94
      },
      "kind": "image",
      "text": "opentext™",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a979fb0-e9dd-4c04-8941-7b3cadccb135",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.24,
        "x": 0.16,
        "y": 0.946
      },
      "kind": "source-note",
      "text": "(1), (2), (3), (4), (5), (6), (7), (8) See Slide Notes",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc679973-123d-4f44-ba3b-fb57869d8de5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.602,
        "w": 0.46,
        "x": 0.035,
        "y": 0.24
      },
      "kind": "table",
      "text": "F'23 Reported: $528 Ent. Cloud Bookings (3) (USD$M) and Growth Y/Y%, 1.2% Organic CC(2) Growth (4) Y/Y%, $4.485 Total Revenues (USD$B), 32.8% A-EBITDA Margin (5), $655 Free Cash Flows (USD$M) (5) (6), ($132) FX Revenues (headwind)/tailwind (USD$M), 14% Adj Tax Rate (8), $329 Net Interest Expense and Other (USD$M), $124 Capital Expenditures (USD$M). F'24E in CC(2): 15%+, 1% to 2%, $5.85 to $5.95, 36% to 38%, $800 to $900, Neutral, 14%, $550 to $570, $140 to $160.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a2130248-3e88-4614-96b6-fd8512ad2501",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.602,
        "w": 0.46,
        "x": 0.501,
        "y": 0.24
      },
      "kind": "table",
      "text": "F'23 Reported: USD$M $1,700 37.9% Cloud Services and Subscriptions, $1,915 42.7% Customer Support, $3,615 80.6% ARR (7), $539 12.0% License Revenues, $331 7.4% Professional Services, $4.485 Total Revenues (USD$B), 76.1% Non-GAAP Gross Margin (5), 14.3% Research & Development (5), 20.2% Sales & Marketing (5), 8.7% General & Admin (5), 2.4% Depreciation (5), 45.6% Total Operating Expenses (5). F'24E in CC(2): % of Revenues 30% to 32% Y/Y Growth 6% to 8%, % of Revenues 45% to 47% Y/Y Growth 40% to 42%, % of Revenues 76% to 78% Y/Y Growth 24% to 26%, % of Revenues 15% to 17% Y/Y Growth 71% to 73%, % of Revenues 6% to 8% Y/Y Growth 29% to 31%, $5.85 to $5.95, 77% to 79%, 14% to 16%, 18% to 20%, 7% to 9%, 1% to 3%, 42% to 44%.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f3039966-ba64-4c1c-a087-ab7620afaa07",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.455,
        "x": 0.04,
        "y": 0.849
      },
      "kind": "title",
      "text": "Expect Micro Focus to return to organic growth in F'24",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f3b29569-1edc-4cdf-a748-d1e397e0d179",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.047,
        "w": 0.42,
        "x": 0.039,
        "y": 0.06
      },
      "kind": "title",
      "text": "F'24 Target Model",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "00a7d344-bafb-4724-9e42-2508804a140f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "71e29bfe-d485-4dce-9cd3-6e38cf368097",
      "evidence": "chart/line: Adj. EBITDA and FCF trends from 2H F'23 to F'26.",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 32,
      "from": 22,
      "beatId": "09667830-a297-4ba4-b76a-12addcaa8df4",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The deck presents OpenText's financial results and growth model",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}