Open Income Statement Research

OTEX Stock  USD 34.72  0.80  2.25%   
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 Open Text Valuation and Open Text Correlation analysis.
  
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.
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 Open Text Valuation and Open Text Correlation analysis.
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

0.950.960.680.860.88-0.030.120.880.970.980.930.980.1-0.760.980.98-0.030.020.910.680.13-0.12-0.970.880.74
0.951.00.850.960.980.070.20.961.00.981.00.990.37-0.830.970.99-0.090.080.780.720.21-0.19-0.910.880.65
0.961.00.840.960.970.060.210.961.00.990.991.00.35-0.830.980.99-0.080.070.790.730.21-0.21-0.920.880.66
0.680.850.840.950.930.210.330.890.820.750.870.790.79-0.750.740.780.070.180.360.710.34-0.22-0.640.710.33
0.860.960.960.950.990.170.240.950.950.910.970.930.58-0.780.890.930.010.160.610.780.25-0.17-0.820.820.53
0.880.980.970.930.990.130.250.990.960.930.980.950.53-0.850.910.94-0.010.130.660.740.25-0.21-0.850.860.54
-0.030.070.060.210.170.13-0.780.090.050.00.110.020.32-0.03-0.050.01-0.110.98-0.120.13-0.780.330.08-0.16-0.16
0.120.20.210.330.240.25-0.780.250.180.170.190.180.34-0.240.210.180.22-0.81-0.030.21.0-0.47-0.160.350.08
0.880.960.960.890.950.990.090.250.950.920.970.940.47-0.890.910.93-0.020.090.710.680.26-0.24-0.860.890.54
0.971.01.00.820.950.960.050.180.950.990.991.00.31-0.820.981.0-0.10.070.810.710.19-0.18-0.930.880.67
0.980.980.990.750.910.930.00.170.920.990.971.00.22-0.80.991.0-0.060.030.860.730.18-0.21-0.950.890.71
0.931.00.990.870.970.980.110.190.970.990.970.980.4-0.820.950.98-0.120.110.750.710.19-0.15-0.890.870.62
0.980.991.00.790.930.950.020.180.941.01.00.980.26-0.810.991.0-0.090.040.840.710.19-0.2-0.940.890.69
0.10.370.350.790.580.530.320.340.470.310.220.40.26-0.380.20.250.130.22-0.260.460.34-0.21-0.090.27-0.15
-0.76-0.83-0.83-0.75-0.78-0.85-0.03-0.24-0.89-0.82-0.8-0.82-0.81-0.38-0.8-0.80.05-0.02-0.67-0.48-0.240.370.77-0.83-0.4
0.980.970.980.740.890.91-0.050.210.910.980.990.950.990.2-0.80.99-0.01-0.010.860.710.21-0.26-0.950.890.72
0.980.990.990.780.930.940.010.180.931.01.00.981.00.25-0.80.99-0.10.040.840.710.19-0.2-0.940.880.7
-0.03-0.09-0.080.070.01-0.01-0.110.22-0.02-0.1-0.06-0.12-0.090.130.05-0.01-0.1-0.02-0.130.360.21-0.32-0.020.06-0.06
0.020.080.070.180.160.130.98-0.810.090.070.030.110.040.22-0.02-0.010.04-0.02-0.050.15-0.810.340.05-0.17-0.11
0.910.780.790.360.610.66-0.12-0.030.710.810.860.750.84-0.26-0.670.860.84-0.13-0.050.43-0.03-0.12-0.890.770.75
0.680.720.730.710.780.740.130.20.680.710.730.710.710.46-0.480.710.710.360.150.430.21-0.21-0.690.650.43
0.130.210.210.340.250.25-0.781.00.260.190.180.190.190.34-0.240.210.190.21-0.81-0.030.21-0.47-0.160.350.08
-0.12-0.19-0.21-0.22-0.17-0.210.33-0.47-0.24-0.18-0.21-0.15-0.2-0.210.37-0.26-0.2-0.320.34-0.12-0.21-0.470.15-0.3-0.1
-0.97-0.91-0.92-0.64-0.82-0.850.08-0.16-0.86-0.93-0.95-0.89-0.94-0.090.77-0.95-0.94-0.020.05-0.89-0.69-0.160.15-0.92-0.64
0.880.880.880.710.820.86-0.160.350.890.880.890.870.890.27-0.830.890.880.06-0.170.770.650.35-0.3-0.920.66
0.740.650.660.330.530.54-0.160.080.540.670.710.620.69-0.15-0.40.720.7-0.06-0.110.750.430.08-0.1-0.640.66
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
Research Development370.4M421.4M440.4M680.6M782.7M821.8M
Cost Of Revenue1.0B1.0B1.1B1.3B1.5B1.6B
Income Before Tax345.2M650.8M516.0M221.3M254.5M183.5M
Minority Interest143K1.5M169K187K168.3K281.2K
Non Recurring100.4M1.7M46.9M169.2M194.5M204.3M
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)

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When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:
Check out Open Text Valuation and Open Text Correlation analysis.
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.