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Globant SA

Technology US GLOB

179.14USD
-4.16(2.27%)

Last update at 2024-04-25T20:10:00Z

Day Range

177.91180.84
LowHigh

52 Week Range

135.41250.39
LowHigh

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 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
Total assets 2192.75M 1890.24M 1288.77M 687.76M 441.15M
Intangible assets 176.08M 102.02M 86.72M 27.11M 11.78M
Earning assets - - - - -
Other current assets 15.20M 7.86M 8.15M 13.44M 4.59M
Total liab 636.34M 581.92M 408.83M 249.05M 103.23M
Total stockholder equity 1507.55M 1305.38M 879.94M 438.71M 337.92M
Deferred long term liab - - - - -
Other current liab 295.14M 278.91M 19.90M 9.30M 60.60M
Common stock 50.72M 50.08M 47.86M 44.36M 43.16M
Capital stock 50.72M 50.08M 47.86M 44.36M 43.16M
Retained earnings 538.55M 389.66M 293.60M 239.38M 187.34M
Other liab 116.89M 85.12M 105.16M 10.75M 6.28M
Good will 738.03M 572.96M 392.76M 188.54M 107.89M
Other assets 78.69M 116.48M 68.40M 45.16M 51.46M
Cash 292.46M 427.80M 278.94M 62.72M 78.38M
Cash and equivalents - - - - -
Total current liabilities 421.13M 386.30M 205.63M 146.19M 93.42M
Current deferred revenue 3.53M 7.95M 134.20M 84.76M 0.29M
Net debt -153.62000M -281.07900M -165.37300M 50.03M -74.96600M
Short term debt 40.52M 36.22M 16.27M 20.64M 14.95M
Short long term debt 2.84M 10.30M 0.91M 1.20M -
Short long term debt total 138.84M 146.72M 113.57M 112.75M 3.42M
Other stockholder equity 950.52M 872.03M 541.16M 157.54M 109.56M
Property plant equipment 309.04M 278.15M 191.04M 146.31M 51.46M
Total current assets 858.23M 819.60M 535.60M 276.45M 214.03M
Long term investments 37.83M 26.26M 18.92M 5.88M 4.87M
Net tangible assets 587.69M 630.40M 400.46M 223.07M 221.29M
Short term investments 54.94M 34.64M 20.86M 24.31M 9.19M
Net receivables 495.63M 349.30M 227.65M 175.98M 126.47M
Long term debt 0.86M 1.94M 25.06M 50.19M 3.42M
Inventory - - - - -4.59300M
Accounts payable 81.94M 63.21M 35.27M 31.49M 17.58M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -32.24200M -6.39500M -2.67400M -2.55700M -2.13600M
Additional paid in capital - - - - -
Common stock total equity - - 47.86M 44.36M 43.16M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 26.97M 32.85M 22.23M 16.61M 34.20M
Deferred long term asset charges - - - - -
Non current assets total 1334.53M 1070.64M 753.17M 411.31M 227.11M
Capital lease obligations 135.14M 134.49M 87.60M 61.36M -
Long term debt total - 110.50M 97.30M 92.11M 3.42M
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

Fundamentals

  • Previous Close 183.30
  • Market Cap10533.99M
  • Volume308689
  • P/E Ratio69.34
  • Dividend Yield-%
  • EBITDA307.25M
  • Revenue TTM2005.96M
  • Revenue Per Share TTM47.32
  • Gross Profit TTM 673.51M
  • Diluted EPS TTM3.58

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
-4.16 2.27% 179.14 69.34 38.02 5.25 6.14 5.17 47.93
ACN
Accenture plc
-4.54 1.45% 309.00 32.82 27.93 3.32 8.03 3.23 19.64
IBM
International Business Machines
-15.19 8.25% 168.91 20.85 16.29 2.43 6.44 3.21 13.87
FI
Fiserv Inc.
1.04 0.68% 153.29 28.20 15.58 4.24 2.70 5.45 13.13
INFY
Infosys Ltd ADR
-0.03 0.18% 17.01 25.55 22.78 4.20 8.01 4.10 15.87

Reports Covered

Stock Research & News

Profile

Globant S.A. operates as a technology services company worldwide. The company offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. It also provides cloud transformation advice, building cloud environment, moving workloads to the cloud, cloud support and operation, chaos engineering, and site reliability engineering services; and data strategies, insights, data platforms, MLOps, and data as a product services. In addition, the company offers agile delivery, blockchain, business and cultural hacking, conversational interface, cybersecurity, design, digital sales and marketing, enterprise applications, internet of thing, metaverse, process optimization, quality engineering, salesforce, learning, UI engineering, and sustainable business solutions. Further, it provides digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, operates Augoor, MagnifAI, StarMeUp, WaaSabi, Walmeric, GeneXus, Navigate, BeHealthy, and FluentLab platforms. It offers its services to enterprises in various industries, including media and entertainment, professional, 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.

Globant SA

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