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Globant SA

Technology US GLOB

199.845USD
7.83(4.08%)

Last update at 2024-07-25T16:49:00Z

Day Range

190.63200.13
LowHigh

52 Week Range

160.12251.50
LowHigh

Fundamentals

  • Previous Close 192.01
  • Market Cap7237.20M
  • Volume159733
  • P/E Ratio43.91
  • Dividend Yield-%
  • EBITDA327.83M
  • Revenue TTM2194.60M
  • Revenue Per Share TTM51.27
  • Gross Profit TTM 673.51M
  • Diluted EPS TTM3.82

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 192.88M 124.85M 76.52M 69.03M 67.46M
Minority interest -0.58800M -0.29000M - - -
Net income 149.48M 96.36M 54.22M 54.02M 51.60M
Selling general administrative 327.12M 253.28M 158.32M 122.69M 106.78M
Selling and marketing expenses 26.98M 10.30M 3.52M 2.10M 3.76M
Gross profit 669.39M 494.99M 304.33M 254.16M 203.76M
Reconciled depreciation 107.93M 80.29M 48.48M 38.84M 20.54M
Ebit 107.87M 64.83M 41.55M 57.22M 67.36M
Ebitda 215.80M 145.11M 90.03M 96.06M 87.90M
Depreciation and amortization 107.93M 80.29M 48.48M 38.84M 20.54M
Non operating income net other - - - - -
Operating income 107.87M 64.83M 41.55M 57.22M 66.80M
Other operating expenses 1567.17M 1145.09M 727.12M 578.36M 452.05M
Interest expense 16.55M 12.71M 10.43M 26.80M 16.97M
Tax provision 43.41M 28.50M 22.31M 15.02M 15.87M
Interest income 2.83M 0.65M 1.92M 0.96M 0.41M
Net interest income -13.54700M -15.97900M -4.90900M -5.69500M -1.13400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 43.41M 28.50M 22.31M 15.02M 15.87M
Total revenue 1780.24M 1297.08M 814.14M 659.33M 522.31M
Total operating expenses 456.32M 343.00M 217.31M 173.20M 133.49M
Cost of revenue 1110.85M 802.09M 509.81M 405.16M 318.55M
Total other income expense net 85.02M 60.03M 34.97M 11.81M 2.75M
Discontinued operations - - - - -
Net income from continuing ops 149.48M 96.36M 54.22M 54.02M 51.60M
Net income applicable to common shares 148.89M 96.06M 54.22M 54.02M 51.68M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2735.36M 2192.75M 1890.24M 1288.77M 687.76M
Intangible assets 235.54M 176.08M 102.02M 86.72M 27.11M
Earning assets - - - - -
Other current assets 72.84M 15.20M 7.86M 8.15M 13.44M
Total liab 948.74M 636.34M 581.92M 408.83M 249.05M
Total stockholder equity 1729.66M 1507.55M 1305.38M 879.94M 438.71M
Deferred long term liab - - - - -
Other current liab 416.77M 295.14M 278.91M 19.90M 9.30M
Common stock 51.70M 50.72M 50.08M 47.86M 44.36M
Capital stock 51.70M 50.72M 50.08M 47.86M 44.36M
Retained earnings 697.09M 538.55M 389.66M 293.60M 239.38M
Other liab - 116.89M 85.12M 105.16M 10.75M
Good will 1163.68M 738.03M 572.96M 392.76M 188.54M
Other assets - 78.69M 116.48M 68.40M 45.16M
Cash 307.22M 292.46M 427.80M 278.94M 62.72M
Cash and equivalents - - - - -
Total current liabilities 678.07M 421.13M 386.30M 205.63M 146.19M
Current deferred revenue 8.05M 3.53M 7.95M 134.20M 84.76M
Net debt -29.38000M -153.62000M -281.07900M -165.37300M 50.03M
Short term debt 204.77M 40.52M 36.22M 16.27M 20.64M
Short long term debt 156.92M 2.84M 10.30M 0.91M 1.20M
Short long term debt total 277.84M 138.84M 146.72M 113.57M 112.75M
Other stockholder equity 1022.92M 950.52M 872.03M 541.16M 157.54M
Property plant equipment - 309.04M 278.15M 191.04M 146.31M
Total current assets 924.53M 858.23M 819.60M 535.60M 276.45M
Long term investments 37.75M 37.83M 26.26M 18.92M 5.88M
Net tangible assets - 587.69M 630.40M 400.46M 223.07M
Short term investments 19.43M 54.94M 34.64M 20.86M 24.31M
Net receivables 525.04M 495.63M 349.30M 227.65M 175.98M
Long term debt 2.19M 0.86M 1.94M 25.06M 50.19M
Inventory 0.00000M - - - -
Accounts payable 48.48M 81.94M 63.21M 35.27M 31.49M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -42.04800M -32.24200M -6.39500M -2.67400M -2.55700M
Additional paid in capital - - - - -
Common stock total equity - - - 47.86M 44.36M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4.09M 26.97M 32.85M 22.23M 16.61M
Deferred long term asset charges - - - - -
Non current assets total 1810.82M 1334.53M 1070.64M 753.17M 411.31M
Capital lease obligations 118.74M 135.14M 134.49M 87.60M 61.36M
Long term debt total - - 110.50M 97.30M 92.11M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -269.30400M -20.18700M -124.01500M -151.55800M -46.11700M
Change to liabilities -2.65100M 10.87M -2.77000M 7.24M 2.48M
Total cashflows from investing activities -269.30400M -272.88000M -124.01500M -151.58400M -46.11700M
Net borrowings -38.83300M -37.67000M -62.46100M 34.36M -6.00400M
Total cash from financing activities -65.68000M 243.99M 241.55M 56.71M 4.09M
Change to operating activities -18.78900M 36.07M 6.12M -9.82700M 11.10M
Net income 149.48M 96.36M 54.22M 54.02M 51.60M
Change in cash -135.34700M 148.87M 216.22M -14.88500M 25.08M
Begin period cash flow 427.80M 278.94M 62.72M 77.61M 52.52M
End period cash flow 292.46M 427.80M 278.94M 62.72M 77.61M
Total cash from operating activities 197.52M 178.97M 99.87M 79.71M 67.20M
Issuance of capital stock 0.00000M 286.21M 300.88M - 3.22M
Depreciation 107.93M 80.29M 48.48M 38.84M 20.54M
Other cashflows from investing activities -173.87400M -12.38300M -3.53500M -5.06500M 2.04M
Dividends paid 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change to inventory - 48.78M 7.10M -7.55400M 12.27M
Change to account receivables -104.31500M -93.01900M -33.92600M -38.94500M -36.35600M
Sale purchase of stock -9.31600M -7.25600M 306.70M 15.82M 7.04M
Other cashflows from financing activities -17.53100M 16.20M 158.24M 112.88M 6.88M
Change to netincome 66.19M 44.11M 27.39M 26.34M 16.81M
Capital expenditures 95.43M 77.63M 53.46M 31.99M 28.88M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -125.49100M -41.48400M -30.21200M -39.45800M -21.83400M
Stock based compensation 60.25M 37.03M 22.42M 15.36M 10.55M
Other non cash items -38.05300M -21.71100M -17.34300M -4.06100M -9.52700M
Free cash flow 102.09M 101.34M 46.41M 47.72M 38.31M

Peer Comparison

Sector: Technology Industry: Information Technology Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GLOB
Globant SA
7.83 4.08% 199.84 43.91 29.59 3.96 4.80 3.94 23.04
ACN
Accenture plc
6.30 1.92% 334.98 27.55 26.11 3.07 7.31 3.04 18.21
IBM
International Business Machines
11.84 6.43% 195.86 20.85 16.29 2.43 6.44 3.21 13.87
FI
Fiserv Inc.
-0.99 0.61% 160.17 28.20 15.58 4.24 2.70 5.45 13.13
INFY
Infosys Ltd ADR
0.23 1.07% 22.09 25.55 22.78 4.20 8.01 4.10 15.87

Reports Covered

Stock Research & News

Profile

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further, the company provides e-commerce, conversational interfaces, design, digital marketing, and digital product delivery services. Additionally, it operates Augoor, an AI-powered platform; MagnifAI, an AI-powered solution for software quality assurance; StarMeUp, a science-based AI platform; WaaSabi, a finance platform; Walmeric, a lead-to-revenue management platform; GeneXus, a suit of AI development tools; Navigate for process optimization powerhouse; BeHealthy, a white-label platform; and FluentLab, an AI conversational and engagement solution. The company offers its services to various industries, including media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.

Globant SA

37A Avenue J.F. Kennedy, Luxembourg, Luxembourg, 1855

Key Executives

Name Title Year Born
Mr. Martin Migoya Co-founder, Chairman, CEO & Pres 1968
Mr. Martín Gonzalo Umaran Co-Founder, Chief Corp. Devel. Officer, Pres for EMEA & Director 1968
Mr. Guibert Andres Englebienne Co-Founder, Pres of Globant X, Globant Ventures & Latin America and Director 1966
Mr. Nestor Augusto Nocetti Co-Founder & Exec. VP of Corp. Affairs NA
Mr. Juan Ignacio Urthiague CFO & Investor Relations Officer NA
Ms. Patricia Pomies Chief Operating Officer NA
Ms. Yanina Maria Conti Chief Accounting Officer NA
Mr. Diego Tartara Chief Technology Officer NA
Mr. Sebastian Arriada Chief Information Officer NA
Mr. Patricio Pablo Rojo Gen. Counsel NA

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