Open Historical Income Statement
| OTEX Stock | USD 34.75 0.15 0.43% |
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.
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.
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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
Open Text Corp Income Statement is one of the three primary financial statements used for reporting Open's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Open Text Corp revenue and expense. Open Text Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. Add Fundamental
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.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 tightly coupled 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 Profit | 2.4B | 3.2B | 3.6B | 3.8B | Total Revenue | 3.5B | 4.5B | 5.2B | 5.4B |
Open Text income statement Correlations
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Open Text Account Relationship Matchups
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Open Text income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 149.2M | 151.6M | 157.9M | 363.6M | 418.2M | 439.1M | |
| Total Revenue | 3.1B | 3.4B | 3.5B | 4.5B | 5.2B | 5.4B | |
| Gross Profit | 2.1B | 2.4B | 2.4B | 3.2B | 3.6B | 3.8B | |
| Operating Income | 503.5M | 740.9M | 644.8M | 516.3M | 593.7M | 623.4M | |
| Ebit | 503.5M | 740.9M | 644.8M | 697.0M | 801.6M | 841.7M | |
| Ebitda | 1.2B | 1.3B | 1.2B | 1.4B | 1.6B | 1.6B | |
| Net Income | 234.2M | 310.7M | 397.1M | 150.4M | 172.9M | 159.2M | |
| Income Tax Expense | 110.8M | 339.9M | 118.8M | 70.8M | 81.4M | 85.5M | |
| Depreciation And Amortization | 664.9M | 583.8M | 579.9M | 657.4M | 756.0M | 793.8M | |
| Other Operating Expenses | 2.5B | 2.6B | 2.8B | 3.8B | 4.4B | 4.6B | |
| Research Development | 370.4M | 421.4M | 440.4M | 680.6M | 782.7M | 821.8M | |
| Cost Of Revenue | 1.0B | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
| Total Operating Expenses | 1.5B | 1.6B | 1.7B | 2.5B | 2.9B | 3.0B | |
| Income Before Tax | 345.2M | 650.8M | 516.0M | 221.3M | 254.5M | 183.5M | |
| Total Other Income Expense Net | (158.3M) | (90.1M) | (128.8M) | (154.0M) | (138.6M) | (131.6M) | |
| Selling General Administrative | 237.5M | 263.5M | 317.1M | 419.6M | 482.5M | 506.7M | |
| Net Income Applicable To Common Shares | 234.2M | 310.7M | 397.1M | 150.4M | 172.9M | 189.2M | |
| Selling And Marketing Expenses | 585.0M | 622.2M | 677.1M | 948.6M | 1.1B | 1.1B | |
| Minority Interest | 143K | 1.5M | 169K | 187K | 168.3K | 281.2K | |
| Net Income From Continuing Ops | 234.4M | 310.9M | 397.3M | 150.6M | 173.2M | 303.9M | |
| Non Recurring | 100.4M | 1.7M | 46.9M | 169.2M | 194.5M | 204.3M | |
| Non Operating Income Net Other | (11.9M) | 61.4M | 29.1M | 34.5M | 39.6M | 41.6M | |
| Tax Provision | 110.8M | 339.9M | 118.8M | 70.8M | 81.4M | 85.5M | |
| Interest Income | 11.8M | 3.9M | 4.6M | 53.5M | 48.1M | 49.8M | |
| Net Interest Income | (146.4M) | (151.6M) | (146.9M) | (310.1M) | (279.1M) | (265.2M) | |
| Reconciled Depreciation | 551.6M | 520.6M | 504.0M | 657.4M | 756.0M | 551.1M |
Open Text Investors Sentiment
The influence of Open Text's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Open. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Open Text's public news can be used to forecast risks associated with an investment in Open. The trend in average sentiment can be used to explain how an investor holding Open can time the market purely based on public headlines and social activities around Open Text Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Open Text's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Open Text's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Open Text's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Open Text.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Open Text in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Open Text's short interest history, or implied volatility extrapolated from Open Text options trading.
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.
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Is Open Text's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Text. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Dividend Share 0.986 | Earnings Share 0.48 | Revenue Per Share 21.019 | Quarterly Revenue Growth 0.71 |
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Text's market value can be influenced by many factors that don't directly affect Open Text's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.