Open Historical Income Statement

OTEX Stock  USD 28.09  0.26  0.93%   
Historical analysis of Open Text income statement accounts such as Operating Income of 623.4 M can show how well Open Text Corp performed in making a profits. Evaluating Open Text income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Open Text's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Open Text Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Open Text Corp is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Open Income Statement Analysis

Open Text Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Open Text shareholders. The income statement also shows Open investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Open Text Income Statement Chart

At this time, Open Text's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 3 B in 2024, whereas Net Income is likely to drop slightly above 159.2 M in 2024.

Total Revenue

Total revenue comprises all receipts Open Text Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Open Text Corp minus its cost of goods sold. It is profit before Open Text operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Open Text Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Open Text Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Open Text Corp financial statement analysis. It represents the amount of money remaining after all of Open Text Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Open Text's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Open Text Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Open Text's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 3 B in 2024, whereas Net Income is likely to drop slightly above 159.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.4B3.2B3.6B3.8B
Total Revenue3.5B4.5B5.2B5.4B

Open Text income statement Correlations

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Click cells to compare fundamentals

Open Text Account Relationship Matchups

Open Text income statement Accounts

201920202021202220232024 (projected)
Interest Expense149.2M151.6M157.9M363.6M418.2M439.1M
Total Revenue3.1B3.4B3.5B4.5B5.2B5.4B
Gross Profit2.1B2.4B2.4B3.2B3.6B3.8B
Operating Income503.5M740.9M644.8M516.3M593.7M623.4M
Ebit503.5M740.9M644.8M697.0M801.6M841.7M
Ebitda1.2B1.3B1.2B1.4B1.6B1.6B
Net Income234.2M310.7M397.1M150.4M172.9M159.2M
Income Tax Expense110.8M339.9M118.8M70.8M81.4M85.5M
Depreciation And Amortization664.9M583.8M579.9M657.4M756.0M793.8M
Other Operating Expenses2.5B2.6B2.8B3.8B4.4B4.6B
Research Development370.4M421.4M440.4M680.6M782.7M821.8M
Cost Of Revenue1.0B1.0B1.1B1.3B1.5B1.6B
Total Operating Expenses1.5B1.6B1.7B2.5B2.9B3.0B
Income Before Tax345.2M650.8M516.0M221.3M254.5M183.5M
Total Other Income Expense Net(158.3M)(90.1M)(128.8M)(154.0M)(138.6M)(131.6M)
Selling General Administrative237.5M263.5M317.1M419.6M482.5M506.7M
Net Income Applicable To Common Shares234.2M310.7M397.1M150.4M172.9M189.2M
Selling And Marketing Expenses585.0M622.2M677.1M948.6M1.1B1.1B
Minority Interest143K1.5M169K187K168.3K281.2K
Net Income From Continuing Ops234.4M310.9M397.3M150.6M173.2M303.9M
Non Recurring100.4M1.7M46.9M169.2M194.5M204.3M
Non Operating Income Net Other(11.9M)61.4M29.1M34.5M39.6M41.6M
Tax Provision110.8M339.9M118.8M70.8M81.4M85.5M
Interest Income11.8M3.9M4.6M53.5M48.1M49.8M
Net Interest Income(146.4M)(151.6M)(146.9M)(310.1M)(279.1M)(265.2M)
Reconciled Depreciation551.6M520.6M504.0M657.4M756.0M551.1M

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