Open Historical Income Statement
OTEX Stock | USD 30.43 0.10 0.33% |
Historical analysis of Open Text income statement accounts such as Operating Income of 931.4 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
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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 closely tied with the direction of predictive economic indicators such as signals in income. At this time, Open Text's Research Development is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 1.7 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (149.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 3.2B | 4.2B | 4.4B | Total Revenue | 3.5B | 4.5B | 5.8B | 6.1B |
Open Text income statement Correlations
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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 | 565.3M | 593.6M | |
Total Revenue | 3.1B | 3.4B | 3.5B | 4.5B | 5.8B | 6.1B | |
Gross Profit | 2.1B | 2.4B | 2.4B | 3.2B | 4.2B | 4.4B | |
Operating Income | 503.5M | 740.9M | 644.8M | 516.3M | 887.1M | 931.4M | |
Ebit | 1.2B | 787.4M | 687.1M | 597.3M | 1.3B | 1.3B | |
Ebitda | 1.2B | 1.3B | 1.2B | 1.3B | 2.1B | 2.2B | |
Net Income | 234.2M | 310.7M | 397.1M | 150.4M | 465.1M | 488.3M | |
Income Tax Expense | 110.8M | 339.9M | 118.8M | 70.8M | 264.0M | 277.2M | |
Depreciation And Amortization | 206.3K | 539.4M | 495.4M | 664.3M | 807.9M | 848.3M | |
Other Operating Expenses | 2.5B | 2.6B | 2.8B | 3.8B | 4.9B | 5.1B | |
Research Development | 370.4M | 421.4M | 440.4M | 680.6M | 1.1B | 1.2B | |
Cost Of Revenue | 1.0B | 1.0B | 1.1B | 1.3B | 1.6B | 1.7B | |
Total Operating Expenses | 1.5B | 1.6B | 1.7B | 2.5B | 3.5B | 3.7B | |
Income Before Tax | 345.2M | 650.8M | 516.0M | 221.3M | 729.3M | 765.8M | |
Total Other Income Expense Net | (158.3M) | (90.1M) | (128.8M) | (295.0M) | (157.8M) | (149.9M) | |
Selling General Administrative | 237.5M | 263.5M | 317.1M | 419.6M | 577.0M | 605.9M | |
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 | 1.2B | |
Minority Interest | 143K | 1.5M | 169K | 187K | (194K) | (184.3K) | |
Net Income From Continuing Ops | 234.4M | 310.9M | 397.3M | 150.6M | 465.3M | 317.8M | |
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 | 264.0M | 277.2M | |
Interest Income | 11.8M | 3.9M | 4.6M | 53.5M | 49.1M | 48.7M | |
Net Interest Income | (146.4M) | (151.6M) | (146.9M) | (310.1M) | (516.2M) | (490.4M) | |
Reconciled Depreciation | 551.6M | 520.6M | 504.0M | 657.4M | 807.9M | 593.3M |
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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.