Cash flow Globant S.A.

Equities

GLOB

LU0974299876

IT Services & Consulting

Market Closed - Nyse Other stock markets 04:00:02 2024-09-13 pm EDT			5-day change	1st Jan Change
197.00 ^USD	-0.22%		+1.04%	-17.22%

Sep. 10	Globant to Buy Blankfactor	MT
Sep. 10	Globant S.A. signed a definitive agreement to acquire Blankfactor LLC.	CI

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Published financial data: GLOBANT S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	659M	814M	1.3B	1.78B	2.1B
Total Revenues	659M	814M	1.3B	1.78B	2.1B
Cost of Goods Sold, Total	405M	509M	801M	1.11B	1.33B
Gross Profit	254M	305M	496M	674M	761M
Selling General & Admin Expenses, Total	147M	192M	315M	429M	501M
Provision for Bad Debts	-	3.08M	-	6.36M	18.81M
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	16.2M	16.66M	20.81M	17.61M	20.94M
Other Operating Expenses, Total	163M	211M	336M	453M	541M
Operating Income	91.25M	93.51M	160M	221M	220M
Interest Expense, Total	-5.11M	-8.88M	-10.48M	-14.04M	-20.07M
Interest And Investment Income	958K	1.92M	652K	2.83M	4.78M
Net Interest Expenses	-4.15M	-6.96M	-9.83M	-11.2M	-15.3M
Income (Loss) On Equity Invest.	-224K	-622K	-233K	119K	89K
Currency Exchange Gains (Loss)	-8.84M	-2.94M	3.9M	-6.67M	-22.01M
Other Non Operating Income (Expenses)	220K	8.57M	-1.15M	12.65M	5.92M
EBT, Excl. Unusual Items	78.26M	91.56M	153M	215M	189M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	1.15M	-3.04M	-6.99M	-7.04M	24.19M
Gain (Loss) On Sale Of Assets	-	-	-579K	-1.63M	-1.13M
Asset Writedown	-720K	-83K	-	-1.02M	822K
Insurance Settlements	-	-	-	-	2.24M
Legal Settlements	-	-	-2.85M	-241K	118K
Other Unusual Items	-9.66M	-11.91M	-17.55M	-12.64M	-16.86M
EBT, Incl. Unusual Items	69.03M	76.52M	125M	193M	198M
Income Tax Expense	15.02M	22.31M	28.5M	43.4M	39.51M
Earnings From Continuing Operations	54.02M	54.22M	96.36M	149M	159M
Net Income to Company	54.02M	54.22M	96.36M	149M	159M
Minority Interest	-	-	-290K	-588K	30K
Net Income - (IS)	54.02M	54.22M	96.06M	149M	159M
Net Income to Common Incl Extra Items	54.02M	54.22M	96.06M	149M	159M
Net Income to Common Excl. Extra Items	54.02M	54.22M	96.06M	149M	159M
Per Share Items
Net EPS - Basic	1.48	1.41	2.35	3.55	3.72
Basic EPS - Continuing Operations	1.48	1.41	2.35	3.55	3.72
Basic Weighted Average Shares Outstanding	36.59M	38.52M	40.94M	41.93M	42.6M
Net EPS - Diluted	1.43	1.37	2.28	3.47	3.64
Diluted EPS - Continuing Operations	1.43	1.37	2.28	3.47	3.64
Diluted Weighted Average Shares Outstanding	37.67M	39.72M	42.08M	42.86M	43.59M
Normalized Basic EPS	1.34	1.49	2.33	3.2	2.77
Normalized Diluted EPS	1.3	1.44	2.26	3.13	2.71
Supplemental Items
EBITDA	116M	124M	217M	293M	313M
EBITA	101M	108M	197M	268M	280M
EBIT	91.25M	93.51M	160M	221M	220M
EBITDAR	121M	130M	223M	300M	322M
Effective Tax Rate - (Ratio)	21.75	29.15	22.82	22.5	19.95
Total Current Taxes	19.33M	27.83M	53.32M	44.76M	72.55M
Total Deferred Taxes	-4.31M	-5.53M	-24.82M	-1.35M	-33.04M
Normalized Net Income	48.91M	57.23M	95.22M	134M	118M
Interest on Long-Term Debt	3.46M	4.94M	5.42M	6.82M	6.32M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	2.35M	4.02M	10.99M	31.09M	31.64M
Selling and Marketing Expenses	2.35M	4.02M	10.99M	31.09M	31.64M
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	5.26M	5.76M	6.04M	7.45M	9.15M
Imputed Operating Lease Interest Expense	-	3.6M	3.88M	5.86M	7.05M
Imputed Operating Lease Depreciation	-	2.16M	2.16M	1.59M	2.1M
Stock-Based Comp., COGS (Total)	4.98M	4.11M	3.57M	8.64M	16.84M
Stock-Based Comp., SG&A Exp. (Total)	14.91M	20.52M	38.85M	52.91M	57.93M
Total Stock-Based Compensation	19.89M	24.63M	42.42M	61.55M	74.77M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	62.72M	279M	428M	292M	307M
Short Term Investments	19.78M	-	5M	1.77M	3.11M
Trading Asset Securities, Total	-	19.28M	27.58M	47.16M	14.42M
Total Cash And Short Term Investments	82.5M	298M	460M	341M	325M
Accounts Receivable, Total	170M	204M	308M	441M	531M
Other Receivables	13.16M	22.79M	35.86M	48.4M	25.7M
Notes Receivable	3.45M	937K	1.37M	2.62M	3.36M
Total Receivables	187M	228M	345M	492M	560M
Prepaid Expenses	4.27M	6.62M	10.03M	18.54M	26.93M
Other Current Assets, Total	2.96M	2.86M	4M	6.66M	12.75M
Total Current Assets	276M	536M	820M	858M	925M
Gross Property Plant And Equipment	208M	268M	373M	428M	431M
Accumulated Depreciation	-61.82M	-77.1M	-94.92M	-119M	-149M
Net Property Plant And Equipment	146M	191M	278M	309M	282M
Long-term Investments	4.19M	14.25M	23.65M	33.63M	32M
Goodwill	189M	393M	573M	739M	1.16B
Other Intangibles, Total	27.11M	86.72M	101M	181M	234M
Accounts Receivable Long-Term	7.8M	12.6M	8.58M	10.66M	4.09M
Loans Receivable Long-Term	452K	407K	2.71M	4.19M	5.75M
Deferred Tax Assets Long-Term	26.87M	41.51M	58.4M	46.57M	60.78M
Other Long-Term Assets, Total	10.04M	13.89M	25.3M	17.27M	28.48M
Total Assets	688M	1.29B	1.89B	2.2B	2.74B
Liabilities
Accounts Payable, Total	10.62M	16.93M	22.17M	35M	48.48M
Accrued Expenses, Total	99.75M	139M	231M	274M	316M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	1.2M	907K	10.3M	2.84M	157M
Current Portion of Leases	19.44M	15.36M	25.92M	37.68M	47.85M
Current Income Taxes Payable	4.61M	10.51M	20.32M	11.28M	11.29M
Unearned Revenue Current, Total	-	-	7.95M	3.53M	8.05M
Other Current Liabilities	10.57M	22.62M	68.51M	63.8M	89.38M
Total Current Liabilities	146M	206M	386M	428M	678M
Long-Term Debt	50.19M	25.8M	1.94M	861K	2.19M
Long-Term Leases	41.92M	72.24M	109M	97.46M	70.88M
Deferred Tax Liability Non Current	1.03M	13.7M	1.29M	11.29M	9.71M
Other Non Current Liabilities	9.72M	91.46M	83.83M	106M	188M
Total Liabilities	249M	409M	582M	643M	949M
Common Stock, Total	44.36M	47.86M	50.08M	50.72M	51.7M
Additional Paid In Capital	158M	541M	872M	951M	1.02B
Retained Earnings	239M	294M	390M	539M	697M
Comprehensive Income and Other	-2.56M	-2.67M	-6.4M	-32.24M	-42.05M
Total Common Equity	439M	880M	1.31B	1.51B	1.73B
Minority Interest	-	-	2.94M	48.86M	56.95M
Total Equity	439M	880M	1.31B	1.56B	1.79B
Total Liabilities And Equity	688M	1.29B	1.89B	2.2B	2.74B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	37.15M	40.03M	41.89M	42.27M	43.09M
ECS Total Common Shares Outstanding	36.96M	39.88M	41.73M	42.27M	43.09M
Book Value / Share	11.87	22.06	31.28	35.67	40.14
Tangible Book Value	223M	400M	632M	588M	332M
Tangible Book Value Per Share	6.03	10.04	15.13	13.9	7.71
Total Debt	113M	114M	147M	139M	278M
Net Debt	30.25M	-184M	-314M	-203M	-46.91M
Debt Equivalent Oper. Leases	42.08M	46.1M	48.36M	59.58M	73.19M
Minority Interest, Total (Incl. Fin. Div)	-	-	2.94M	48.86M	56.95M
Equity Method Investments, Total	3.78M	3.15M	-	1.34M	1.43M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	2.35M	2.35M	2.35M	2.35M	2.35M
Buildings, Total	13.82M	13.91M	13.97M	31.5M	74.46M
Machinery, Total	99M	112M	150M	188M	228M
Full Time Employees	11.86K	16.25K	23.53K	27.12K	29.15K
Accumulated Allowance for Doubtful Accounts (Supple)	3.68M	5.76M	6.18M	7.21M	20.67M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	54.02M	54.22M	96.06M	149M	159M
Depreciation & Amortization - CF	29.13M	33.68M	43.63M	60.57M	72.74M
Amortization of Goodwill and Intangible Assets - (CF)	9.71M	14.8M	36.65M	46.95M	60.08M
Depreciation & Amortization, Total	38.84M	48.48M	80.29M	108M	133M
Amortization of Deferred Charges, Total - (CF)	-	-	-	419K	7.04M
(Gain) Loss From Sale Of Asset	-	-180K	-643K	-	-
(Gain) Loss on Sale of Investments - (CF)	-1.21M	6.4M	13.97M	-147K	-36.66M
Asset Writedown & Restructuring Costs	720K	83K	80K	2.65M	24K
Provision for Credit Losses	-	-800K	-	-	-
(Income) Loss On Equity Investments - (CF)	224K	622K	233K	-119K	-89K
Stock-Based Compensation (CF)	15.36M	22.42M	37.03M	60.25M	72.94M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	11.23M	-1.16M	-6.57M	3.56M	41.88M
Change In Accounts Receivable	-38.94M	-33.93M	-93.02M	-104M	-44.3M
Change In Accounts Payable	7.24M	-2.77M	10.87M	-2.65M	19M
Change In Income Taxes	2.08M	363K	4.6M	264K	-1.68M
Change in Other Net Operating Assets	-9.83M	6.12M	36.07M	-18.79M	-31M
Cash from Operations	79.71M	99.87M	179M	198M	319M
Capital Expenditure	-20.38M	-29.29M	-42.77M	-47.06M	-45.11M
Sale of Property, Plant, and Equipment	102K	951K	1.25M	-	288K
Cash Acquisitions	-106M	-75.06M	-164M	-149M	-268M
Sale (Purchase) of Intangible assets	-11.62M	-24.17M	-34.87M	-48.37M	-81.69M
Investment in Marketable and Equity Securities, Total	-8.35M	7.09M	-20.19M	-9.55M	36.64M
Other Investing Activities, Total	-5.04M	-3.54M	-12.38M	-15.72M	7.15M
Cash from Investing	-152M	-124M	-273M	-269M	-350M
Long-Term Debt Issued, Total	90.52M	155M	13.5M	-	396M
Total Debt Issued	90.52M	155M	13.5M	-	396M
Long-Term Debt Repaid, Total	-56.16M	-218M	-51.17M	-38.83M	-310M
Total Debt Repaid	-56.16M	-218M	-51.17M	-38.83M	-310M
Issuance of Common Stock	23.59M	308M	295M	12.49M	13.32M
Repurchase of Common Stock	-	-	-7.26M	-9.32M	-11.52M
Other Financing Activities, Total	-1.24M	-3.9M	-6.25M	-30.02M	-42.59M
Cash from Financing	56.71M	242M	244M	-65.68M	44.53M
Foreign Exchange Rate Adjustments	252K	-1.18M	-1.22M	2.11M	2.07M
Net Change in Cash	-14.88M	216M	149M	-135M	14.77M
Supplemental Items
Cash Interest Paid	1.24M	3.77M	6.25M	9.31M	10.42M
Cash Income Tax Paid (Refund)	15.48M	24.58M	50.2M	52.91M	48.78M
Levered Free Cash Flow	46.07M	92.93M	177M	82.76M	214M
Unlevered Free Cash Flow	49.26M	98.47M	184M	91.53M	227M
Change In Net Working Capital	34.51M	-20.38M	-38.87M	120M	-1.68M
Net Debt Issued / Repaid	34.36M	-62.46M	-37.67M	-38.83M	85.32M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	10.14	5.91	6.3	6.75	5.58
Return on Total Capital	12.83	7.56	8.17	8.75	7.31
Return On Equity %	13.91	8.22	8.81	10.44	9.48
Return on Common Equity	13.91	8.22	8.79	10.59	9.79
Margin Analysis
Gross Profit Margin %	38.59	37.44	38.21	37.83	36.31
SG&A Margin	22.29	23.53	24.26	24.1	23.92
EBITDA Margin %	17.52	15.27	16.7	16.45	14.92
EBITA Margin %	15.31	13.3	15.17	15.03	13.36
EBIT Margin %	13.84	11.49	12.35	12.39	10.49
Income From Continuing Operations Margin %	8.19	6.66	7.43	8.4	7.56
Net Income Margin %	8.19	6.66	7.41	8.36	7.56
Net Avail. For Common Margin %	8.19	6.66	7.41	8.36	7.56
Normalized Net Income Margin	7.42	7.03	7.34	7.53	5.63
Levered Free Cash Flow Margin	6.99	11.41	13.68	4.65	10.23
Unlevered Free Cash Flow Margin	7.47	12.1	14.19	5.14	10.83
Asset Turnover
Asset Turnover	1.17	0.82	0.82	0.87	0.85
Fixed Assets Turnover	6.67	4.83	5.53	6.07	7.09
Receivables Turnover (Average Receivables)	4.69	4.35	5.07	4.76	4.32
Short Term Liquidity
Current Ratio	1.89	2.6	2.12	2.01	1.36
Quick Ratio	1.82