Globant Sa - Understand $glob stock

$GLOB Market Cap: $8.275 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.195B

TTM

Gross Margin

36.0%

TTM

Net Earnings

$167.2M

TTM

Current Assets

$897.7M

Q1 2024

Current Liabilities

$632.2M

Q1 2024

Current Ratio

142.01%

Q1 2024

Total Assets

$2.674B

Q1 2024

Total Liabilities

$929.2M

Q1 2024

Book Value

$1.745B

Q1 2024

Cash

$225.6M

Q1 2024

P/E

49.50

Sep 18, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$2.096B	$1.780B	$1.297B	$814.1M	$659.3M	$522.3M	$413.4M	$322.9M	$253.8M	$199.6M	$158.3M	$128.8M	$90.10M	$57.30M	$38.10M
YoY Change	17.73%	37.25%	59.33%	23.48%	26.23%	26.34%	28.03%	27.23%	27.15%	26.09%	22.9%	42.95%	57.24%	50.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$2.096B	$1.780B	$1.297B	$814.1M	$659.3M	$522.3M	$413.4M	$322.9M	$253.8M	$199.6M	$158.3M	$128.8M	$90.10M	$57.30M	$38.10M
Cost Of Revenue	$1.340B	$1.111B	$802.1M	$509.8M	$405.2M	$318.6M	$263.2M	$191.4M	$160.3M	$121.7M	$99.60M	$80.60M	$53.60M	$34.10M	$23.40M
Gross Profit	$755.8M	$669.4M	$495.0M	$304.3M	$254.2M	$203.8M	$150.3M	$131.5M	$93.50M	$77.90M	$58.70M	$48.20M	$36.50M	$23.20M	$14.70M
Gross Profit Margin	36.06%	37.6%	38.16%	37.38%	38.56%	39.02%	36.36%	40.72%	36.84%	39.03%	37.08%	37.42%	40.51%	40.49%	38.58%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$537.1M	$456.3M	$264.0M	$168.4M	$131.6M	$113.2M	$99.00M	$76.90M	$66.70M	$53.10M	$50.90M	$44.90M	$25.60M	$16.50M	$11.90M
YoY Change	17.7%	72.86%	56.76%	27.96%	16.25%	14.34%	28.74%	15.29%	25.61%	4.32%	13.36%	75.39%	55.15%	38.66%
% of Gross Profit	71.06%	68.17%	53.33%	55.34%	51.77%	55.54%	65.87%	58.48%	71.34%	68.16%	86.71%	93.15%	70.14%	71.12%	80.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$139.9M	$107.9M	$80.29M	$48.49M	$38.84M	$20.54M	$16.13M	$10.92M	$9.300M	$8.030M	$7.160M	$4.770M	$2.500M	$1.640M	$990.0K
YoY Change	29.58%	34.44%	65.57%	24.85%	89.09%	27.34%	47.71%	17.42%	15.82%	12.15%	50.1%	90.8%	52.44%	65.66%
% of Gross Profit	18.51%	16.12%	16.22%	15.93%	15.28%	10.08%	10.73%	8.3%	9.95%	10.31%	12.2%	9.9%	6.85%	7.07%	6.73%
Operating Expenses	$537.1M	$456.3M	$330.1M	$207.1M	$163.1M	$129.6M	$110.8M	$81.90M	$71.60M	$57.20M	$54.80M	$47.70M	$26.50M	$17.00M	$12.20M
YoY Change	17.7%	38.22%	59.41%	26.98%	25.85%	16.97%	35.29%	14.39%	25.17%	4.38%	14.88%	80.0%	55.88%	39.34%
Operating Profit	$218.7M	$213.1M	$164.8M	$97.20M	$91.10M	$74.20M	$39.50M	$49.60M	$21.90M	$20.70M	$3.900M	$500.0K	$10.00M	$6.200M	$2.500M
YoY Change	2.64%	29.26%	69.59%	6.7%	22.78%	87.85%	-20.36%	126.48%	5.8%	430.77%	680.0%	-95.0%	61.29%	148.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	-$18.89M	-$20.57M	-$10.55M	-$12.00M	-$11.50M	-$2.600M	-$100.0K	-$1.600M	$3.200M	$500.0K	-$4.100M	-$1.600M	-$900.0K	$0.00	-$300.0K
YoY Change	-8.19%	95.03%	-12.1%	4.35%	342.31%	2500.0%	-93.75%	-150.0%	540.0%	-112.2%	156.25%	77.78%		-100.0%
% of Operating Profit	-8.64%	-9.65%	-6.4%	-12.35%	-12.62%	-3.5%	-0.25%	-3.23%	14.61%	2.42%	-105.13%	-320.0%	-9.0%	0.0%	-12.0%
Other Income/Expense, Net	$17.94M	-$7.134M	-$9.741M	-$5.000M	-$1.800M	$3.200M	$5.500M	$2.200M	$4.000M	-$1.100M	$0.00	-$400.0K	-$200.0K	-$200.0K	-$300.0K
YoY Change	-351.53%	-26.76%	94.82%	177.78%	-156.25%	-41.82%	150.0%	-45.0%	-463.64%		-100.0%	100.0%	0.0%	-33.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$198.0M	$192.9M	$124.9M	$76.50M	$69.00M	$67.50M	$38.50M	$50.20M	$50.00M	$34.20M	$19.80M	-$1.500M	$8.800M	$6.100M	$1.900M
YoY Change	2.66%	54.49%	63.21%	10.87%	2.22%	75.32%	-23.31%	0.4%	46.2%	72.73%	-1420.0%	-117.05%	44.26%	221.05%
Income Tax	$39.51M	$43.41M	$28.50M	$22.30M	$15.00M	$15.90M	$8.100M	$14.30M	$18.40M	$8.900M	$6.000M	-$200.0K	$1.700M	$900.0K	$700.0K
% Of Pretax Income	19.95%	22.5%	22.82%	29.15%	21.74%	23.56%	21.04%	28.49%	36.8%	26.02%	30.3%		19.32%	14.75%	36.84%
Net Earnings	$158.5M	$149.5M	$96.07M	$54.20M	$54.00M	$51.70M	$30.50M	$35.90M	$31.70M	$25.20M	$13.90M	-$1.300M	$7.100M	$5.200M	$1.100M
YoY Change	6.04%	55.6%	77.24%	0.37%	4.45%	69.51%	-15.04%	13.25%	25.79%	81.29%	-1169.23%	-118.31%	36.54%	372.73%
Net Earnings / Revenue	7.56%	8.4%	7.41%	6.66%	8.19%	9.9%	7.38%	11.12%	12.49%	12.63%	8.78%	-1.01%	7.88%	9.08%	2.89%
Basic Earnings Per Share
Diluted Earnings Per Share	$3.64	$3.47	$2.283M	$1.365M	$1.432M	$1.409M	$844.9K	$1.014M	$905.7K	$790.0K	$429.0K	-$40.12K	$219.1K	$160.5K	$33.95K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash & Short-Term Investments	$338.7M	$347.4M	$462.4M	$299.8M	$87.00M	$86.80M	$61.50M	$60.80M	$63.30M	$62.20M	$26.70M	$8.600M	$9.200M	$5.000M	$5.000M
YoY Change	-2.5%	-24.88%	54.25%	244.6%	0.23%	41.14%	1.15%	-3.95%	1.77%	132.96%	210.47%	-6.52%	84.0%	0.0%
Cash & Equivalents	$307.2M	$292.5M					$52.50M
Short-Term Investments	$31.49M	$118.8M	$36.62M	$21.10M	$24.60M	$9.200M	$9.000M	$10.30M	$26.60M	$28.00M	$9.600M	$900.0K	$2.200M	$2.300M	$2.200M
Other Short-Term Assets	$31.75M	$36.82M	$20.63M	$16.90M	$19.30M	$4.600M	$2.100M	$5.000M	$4.300M	$500.0K	$2.400M	$1.400M	$800.0K	$400.0K	$200.0K
YoY Change	-13.77%	78.45%	22.09%	-12.44%	319.57%	119.05%	-58.0%	16.28%	760.0%	-79.17%	71.43%	75.0%	100.0%	100.0%
Inventory
Prepaid Expenses
Receivables	$499.3M	$425.4M	$300.1M	$196.0M	$156.7M	$110.9M	$80.10M	$54.20M	$46.00M	$40.10M	$34.40M	$27.80M	$19.90M	$12.40M	$8.100M
Other Receivables	$54.79M	$48.59M	$36.42M	$22.90M	$13.40M	$10.70M	$12.20M	$13.80M	$14.30M	$13.70M	$4.000M	$6.000M	$5.000M	$1.000M	$700.0K
Total Short-Term Assets	$924.5M	$858.2M	$819.6M	$535.6M	$276.5M	$213.0M	$156.0M	$133.8M	$127.8M	$116.5M	$67.40M	$43.80M	$34.90M	$18.90M	$14.00M
YoY Change	7.73%	4.71%	53.02%	93.71%	29.81%	36.54%	16.59%	4.69%	9.7%	72.85%	53.88%	25.5%	84.66%	35.0%
Property, Plant & Equipment	$282.1M	$309.0M	$278.2M	$191.0M	$146.3M	$51.50M	$43.90M	$35.70M	$25.70M	$19.20M	$14.70M	$10.90M	$8.500M	$4.000M	$1.900M
YoY Change	-8.71%	11.11%	45.63%	30.55%	184.08%	17.31%	22.97%	38.91%	33.85%	30.61%	34.86%	28.24%	112.5%	110.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$38.12M	$37.83M	$26.26M	$18.90M	$5.900M	$4.900M	$2.100M	$1.100M	$1.500M	$800.0K	$1.300M	$0.00
YoY Change	0.78%	44.05%	38.94%	220.34%	20.41%	133.33%	90.91%	-26.67%	87.5%	-38.46%
Other Assets	$64.86M	$63.99M	$72.55M	$52.90M	$41.00M	$47.90M	$40.00M	$30.00M	$27.80M	$5.600M	$9.100M	$3.300M	$700.0K	$1.900M	$1.200M
YoY Change	1.37%	-11.8%	37.14%	29.02%	-14.41%	19.75%	33.33%	7.91%	396.43%	-38.46%	175.76%	371.43%	-63.16%	58.33%
Total Long-Term Assets	$1.811B	$1.341B	$1.071B	$753.2M	$411.3M	$224.1M	$201.2M	$150.9M	$95.10M	$44.60M	$44.30M	$37.60M	$24.50M	$14.20M	$10.00M
YoY Change	35.01%	25.27%	42.15%	83.13%	83.53%	11.38%	33.33%	58.68%	113.23%	0.68%	17.82%	53.47%	72.54%	42.0%
Total Assets	$2.735B	$2.199B	$1.890B	$1.289B	$687.8M	$437.1M	$357.2M	$284.7M	$222.9M	$161.1M	$111.7M	$81.40M	$59.40M	$33.10M	$24.00M
YoY Change
Accounts Payable	$124.5M	$88.65M	$63.21M	$35.30M	$31.50M	$17.60M	$11.60M	$5.600M	$1.800M	$3.100M	$6.200M	$3.000M	$2.800M	$1.600M	$1.900M
YoY Change	40.49%	40.24%	79.07%	12.06%	78.98%	51.72%	107.14%	211.11%	-41.94%	-50.0%	106.67%	7.14%	75.0%	-15.79%
Accrued Expenses	$221.8M	$220.6M	$194.5M	$116.7M	$76.40M	$59.70M	$41.30M	$30.80M	$29.30M	$24.10M	$20.10M	$15.30M	$9.900M	$6.400M	$4.100M
YoY Change	0.57%	13.42%	66.66%	52.75%	27.97%	44.55%	34.09%	5.12%	21.58%	19.9%	31.37%	54.55%	54.69%	56.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$204.8M	$40.52M	$36.22M	$16.30M	$20.60M	$0.00	$6.000M	$200.0K	$300.0K	$500.0K	$1.000M	$11.70M	$2.300M	$2.500M	$300.0K
YoY Change	405.36%	11.86%	122.22%	-20.87%		-100.0%	2900.0%	-33.33%	-40.0%	-50.0%	-91.45%	408.7%	-8.0%	733.33%
Total Short-Term Liabilities	$678.1M	$427.8M	$386.3M	$205.6M	$146.2M	$92.90M	$74.10M	$55.00M	$46.70M	$31.80M	$38.10M	$34.90M	$17.00M	$11.30M	$8.200M
YoY Change	58.49%	10.75%	87.89%	40.63%	57.37%	25.37%	34.73%	17.77%	46.86%	-16.54%	9.17%	105.29%	50.44%	37.8%
Long-Term Debt	$73.08M	$98.32M	$110.5M	$97.30M	$92.10M	$3.400M	$18.60M	$19.20M	$15.30M	$1.000M	$10.70M	$100.0K	$9.300M	$1.300M	$0.00
YoY Change	-25.67%	-11.03%	13.57%	5.65%	2608.82%	-81.72%	-3.13%	25.49%	1430.0%	-90.65%	10600.0%	-98.92%	615.38%
Other Long-Term Liabilities	$187.9M	$105.6M	$83.83M	$92.20M	$9.700M	$2.900M	$1.200M	$1.900M	$700.0K	$800.0K	$3.000M	$3.400M	$300.0K	$400.0K	$400.0K
YoY Change	77.93%	25.96%	-9.07%	850.52%	234.48%	141.67%	-36.84%	171.43%	-12.5%	-73.33%	-11.76%	1033.33%	-25.0%	0.0%
Total Long-Term Liabilities	$261.0M	$203.9M	$194.3M	$189.5M	$101.8M	$6.300M	$19.80M	$21.10M	$16.00M	$1.800M	$13.70M	$3.500M	$9.600M	$1.700M	$400.0K
YoY Change	27.97%	4.93%	2.55%	86.15%	1515.87%	-68.18%	-6.16%	31.88%	788.89%	-86.86%	291.43%	-63.54%	464.71%	325.0%
Total Liabilities	$1.006B	$691.9M	$584.9M	$408.8M	$249.1M	$99.20M	$93.80M	$76.20M	$62.80M	$33.60M	$52.40M	$38.40M	$26.60M	$12.90M	$8.800M
YoY Change	45.35%	18.3%	43.07%	64.11%	151.11%	5.76%	23.1%	21.34%	86.9%	-35.88%	36.46%	44.36%	106.2%	46.59%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $8.2751 Billion

About Globant SA

Globant SA engages in the provision of information technology services. The Company’s principal operating subsidiary is based in Buenos Aires, Argentina. During the year ended December 31, 2015, 83.7% of its revenues were generated by clients in North America, 11.0% in Latin America and Asia, and 5.3% in Europe. The company builds digital journeys, which consists of different software products, including mobile apps, Web apps, sensors and other software and hardware appliances that work orchestrated by a backend that uses big data and fast data to create a understanding of each consumer and how to act upon each scenario. The firm delivers digital journeys with a comprehensive approach that includes Stay Relevant, which helps its customers stay fit for the future of their industries; Discover, which think and conceive specific digital journeys for each customer; Build, which creates each digital journey leveraging the work of its Studios, its services over platforms and its agile pods methodologies.

Industry: Services-Computer Processing & Data Preparation Peers: