Slide 1: Fiscal Q4 2021 Earnings Presentation
Amdocs Limited NASDAQ: DOX Shuky Sheffer President & CEO Fiscal Q4 2021 Earnings Presentation November 2, 2021 Tamar Rapaport-Dagim CFO & COO Exhibit 99.2
Slide 2: Disclaimer
Disclaimer The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in Amdocs Limited securities or in any securities of its affiliates or subsid
Slide 3: Today's Speakers
Today’s Speakers Shuky Sheffer President & Chief Executive Officer Tamar Rapaport-Dagim Chief Financial Officer & Chief Operating Officer
Slide 4: Earning call agenda
Earning call agenda 1 Strategic Overview & Business Performance Update Shuky Sheffer, President & Chief Executive Officer 1 2 Financial Review & FY2022 Outlook Tamar Rapaport-Dagim, Chief Financial Officer & Chief Operating Officer
Slide 5: Strategic Overview & Business Performance Update
Strategic Overview & Business Performance Update President & Chief Executive Officer Shuky Sheffer
Slide 6: CEO Strategy & Business Update Q4 2021
CEO Strategy & Business Update 1 Q4 2021 Progress of strategic domains: executing against our key growth pillars 2 Looking ahead: sustain accelerated growth in FY2022 3 1 FY21: Inflection point for revenue growth
Slide 7: Thank you for a great FY2021
Thank you for a great FY2021 Thanks to our highly talented people and experienced leadership team Superb execution to meet our customers’ mission-critical requirements Continuous upskilling of our employees Give back to the communities in which we live and operate A pivotal year: executed on our str
Slide 8: Inflection point for accelerated growth
Inflection point for accelerated growth Best-positioned to support customers’ needs around digital modernization, cloud and 5G: 1. Completed in August 2020 UK VF: Germany, Romania, Czech Republic, Spain TEF: Movistar Perú , Movistar Chile Altice: USA American Movil: Claro Chile, Claro Puerto Rico, C
Slide 9: Strong performance in full FY21
Strong performance in full FY21 Operating margin 3 17.5% 30 basis points up YoY Total shareholder return 4 Met double-digit target Accelerated EPS1,3 growth of 9.8% and 2% dividend yield Normalized free cash flow Record of $869m 140% earnings3 to cash conversion Revenues Record of $3,690m Up YoY 10.
Slide 10: Progress of Strategic Domains
Progress of Strategic Domains Executing against our key growth pillars Q4 FY21 Q1-Q3 FY21 Austria Italy Chile, Puerto Rico Bsse key words – emphasize – ask from matt the script language – amir will add UK Multiple affiliates France DIGITAL NETWORK AUTOMATION 5G CLOUD Philippines BSSe Cloud Operation
Slide 11: FY22 Outlook: Rich pipeline to support multi-year investment cycle
FY22 Outlook: Rich pipeline to support the early-stage of a multi-year industry investment cycle in 5G & cloud Looking ahead: sustain accelerated growth in FY2022 Revenue growth of roughly 8%1 Double-digit total shareholder returns for the second consecutive year EPS2 growth of 10% Dividend yield of
Slide 12: Financial Update & FY2022 Outlook
Financial Update & FY2022 Outlook Chief Financial Officer & Chief Operating Officer Tamar Rapaport-Dagim
Slide 13: Q4 & FY2021 Financial Highlights
Q4 & FY2021 Financial Highlights Non-GAAP(3) EPS Y/Y % Growth Revenue Growth Y/Y% growth constant currency(2) Q4 2021 Full Year Fiscal 2021 FY2021 revenue growth accelerated to 7.0% pro forma(1) constant currency(2) FY2021 pro forma(1) non-GAAP(3) diluted EPS growth accelerated to 9.8% Pro forma met
Slide 14: Leading Indicators & Business Model Resiliency
Leading Indicators & Business Model Resiliency 12-month backlog historically covers about 80% of forward 12-month revenue Managed services arrangements include large-scale digital transformation projects, and support business model resiliency with highly recurring revenue streams, multi-year engagem
Slide 15: Balance Sheet & Cash Flow
Balance Sheet & Cash Flow We remain comfortable with our balance sheet Ample liquidity to support ongoing business needs while retaining the capacity to fund future strategic growth investments Liquidity $1.5 billion FY2021 normalized free cash flow(2) $869 million Exceeded original guidance of $620
Slide 16: Disciplined Capital Allocation
Disciplined Capital Allocation Expect a majority of normalized free cash flow to be returned to shareholders by way of share repurchases and quarterly cash dividend payments in FY2022 FY2021 Returning cash to shareholders $857M Cash returned through share repurchases and dividends in FY2021 FY2022E
Slide 17: Initiating Q1 & FY2022 Outlook
Initiating Q1 & FY2022 Outlook Accelerated pro forma revenue and non-GAAP(2) EPS growth in FY2022E Expects double-digit total shareholder returns for the second year running Total Shareholder Return(3) Non-GAAP(2) Diluted EPS Growth YoY % + Dividend Yield FY21 and FY22E non-GAAP EPS growth is presen
Slide 18: Amdocs: Enter the Future FY2022 Analyst & Investor Business Update
Amdocs: Enter the Future FY2022 Analyst & Investor Business Update Please join Amdocs’ management for this virtual event, in which we will provide an overview of the strong foundation built over the last several years to position Amdocs for success in an increasingly digital world. Hear from Amdocs’
Slide 19: Q&A
Q&A
Slide 20: Let's make it amazing
Let's . make. it amazing © amdocs
Slide 21: Appendix Reconciliation Tables
Appendix Reconciliation Tables
Slide 22: Reconciliation Tables
Reconciliation Tables Since January 1, 2021, OpenMarket results are not included in the Consolidated Statements of Income given its divestiture. Tax payment related to capital gain from divesture of OpenMarket, which was completed on December 31, 2020. The amounts under "Purchase of property and equ
Slide 23: Reconciliation Tables
Reconciliation Tables Since January 1, 2021, OpenMarket results are not included in the Consolidated Statements of Income given its divestiture. Tax payment related to capital gain from divesture of OpenMarket, which was completed on December 31, 2020. The amounts under "Purchase of property and equ
Slide 24: Reconciliation Tables
Reconciliation Tables Since January 1, 2021, OpenMarket results are not included in the Consolidated Statements of Income given its divestiture. Tax payment related to capital gain from divesture of OpenMarket, which was completed on December 31, 2020. The amounts under "Purchase of property and equ