Investment Case

Micro Focus is one of the world’s largest enterprise software providers

We deliver mission-critical technology and services to help customers solve the digital dilemma. We help them run and transform – how to run and transform at the same time

Investment Thesis

1

Large digital transformation portfolio

A broad product portfolio supporting critical use cases, with balanced revenue generation across four essential outcomes organisations are striving to achieve.

2

Global scale, global reach, global relevance

One of the world’s largest enterprise software companies, supporting thousands of customers worldwide.

3

Highly diversified and recurring revenue base

No revenue concentration by end market, with approximately 70% recurring revenues.

4

Strong and consistent free cash flow generation

Our strategy underpins sustainable cash flow generation.

5

Efficient allocation of capital

Methodical approach to investment to deliver value to our customers and shareholders.

Financial Highlights

Financial data presented as reported and not adjusted for changes in the groups structure following corporate development activities

What Customers are Saying

Tens of thousands of customers worldwide are partnering with Micro Focus to run and transform their IT organisations. Find out what some of them are saying about their experience.

Global Revenue Streams

Our global revenue streams are highly diversified. We have more than 70% recurring revenue across multiple geographies.

Portfolio Overview

Read our Investor Relations Fact Sheet