Cash flow Globant S.A.

Equities

GLOB

LU0974299876

IT Services & Consulting

Real-time Estimate Cboe BZX Other stock markets 09:39:11 2025-07-15 am EDT			5-day change	1st Jan Change
84.82 ^USD	+1.27%		-7.87%	-60.94%

Jul. 07	Suntory Global Spirits Chooses Globant to Build A Commercial Insights Ai Agent and Unlock Business Intelligence At Scale	CI
Jun. 05	Globant Reimagines Traditional IT Services with AI Pods, the First Subscription Model for AI-Powered Engineering	CI

ab19213942e7e7b8275a589d3d86c48b.n0U6LSh13cqaqT13iznl5rl9RcVlRzj6LKIc9q1la0Q.6iFUVXgikfqi_2ckvwq1rvEQFIkpBlq0HusxsJ8PDwfOcQxaSw-MkK74BQ

Published financial data: GLOBANT S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	814M	1.3B	1.78B	2.1B	2.42B
Total Revenues	814M	1.3B	1.78B	2.1B	2.42B
Cost of Goods Sold, Total	509M	801M	1.11B	1.33B	1.54B
Gross Profit	305M	496M	674M	761M	876M
Selling General & Admin Expenses, Total	192M	315M	429M	501M	591M
Provision for Bad Debts	3.08M	-	6.36M	18.81M	6.97M
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	16.66M	20.81M	17.61M	20.94M	23.88M
Other Operating Expenses, Total	211M	336M	453M	541M	622M
Operating Income	93.51M	160M	221M	220M	254M
Interest Expense, Total	-8.88M	-10.48M	-14.04M	-20.07M	-28.66M
Interest And Investment Income	1.92M	652K	2.83M	4.78M	5.3M
Net Interest Expenses	-6.96M	-9.83M	-11.2M	-15.3M	-23.36M
Income (Loss) On Equity Invest.	-622K	-233K	119K	89K	222K
Currency Exchange Gains (Loss)	-2.94M	3.9M	-6.67M	-22.01M	192K
Other Non Operating Income (Expenses)	8.57M	-1.15M	12.65M	5.92M	2.1M
EBT, Excl. Unusual Items	91.56M	153M	215M	189M	233M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-3.04M	-6.99M	-7.04M	24.19M	914K
Gain (Loss) On Sale Of Assets	-	-579K	-1.63M	-1.13M	-971K
Asset Writedown	-83K	-	-1.02M	822K	174K
Insurance Settlements	-	-	-	2.24M	-
Legal Settlements	-	-2.85M	-241K	118K	-127K
Other Unusual Items	-11.91M	-17.55M	-12.64M	-16.86M	-23M
EBT, Incl. Unusual Items	76.52M	125M	193M	198M	210M
Income Tax Expense	22.31M	28.5M	43.4M	39.51M	41.43M
Earnings From Continuing Operations	54.22M	96.36M	149M	159M	169M
Net Income to Company	54.22M	96.36M	149M	159M	169M
Minority Interest	-	-290K	-588K	30K	-3.27M
Net Income - (IS)	54.22M	96.06M	149M	159M	166M
Net Income to Common Incl Extra Items	54.22M	96.06M	149M	159M	166M
Net Income to Common Excl. Extra Items	54.22M	96.06M	149M	159M	166M
Per Share Items
Net EPS - Basic	1.41	2.35	3.55	3.72	3.82
Basic EPS - Continuing Operations	1.41	2.35	3.55	3.72	3.82
Basic Weighted Average Shares Outstanding	38.52M	40.94M	41.93M	42.6M	43.4M
Net EPS - Diluted	1.37	2.28	3.47	3.64	3.72
Diluted EPS - Continuing Operations	1.37	2.28	3.47	3.64	3.72
Diluted Weighted Average Shares Outstanding	39.72M	42.08M	42.86M	43.59M	44.59M
Normalized Basic EPS	1.49	2.33	3.2	2.77	3.29
Normalized Diluted EPS	1.44	2.26	3.13	2.71	3.2
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	124M	217M	293M	313M	373M
EBITA	108M	197M	268M	280M	337M
EBIT	93.51M	160M	221M	220M	254M
EBITDAR	130M	223M	300M	322M	386M
Effective Tax Rate - (Ratio)	29.15	22.82	22.5	19.95	19.69
Total Current Taxes	27.83M	53.32M	44.76M	72.55M	79.03M
Total Deferred Taxes	-5.53M	-24.82M	-1.35M	-33.04M	-37.6M
Normalized Net Income	57.23M	95.22M	134M	118M	143M
Interest on Long-Term Debt	4.94M	5.42M	6.82M	6.32M	6.95M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	4.02M	10.99M	31.09M	31.64M	41.46M
Selling and Marketing Expenses	4.02M	10.99M	31.09M	31.64M	41.46M
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	5.76M	6.04M	7.45M	9.15M	12.77M
Imputed Operating Lease Interest Expense	3.6M	3.88M	5.86M	7.05M	8.51M
Imputed Operating Lease Depreciation	2.16M	2.16M	1.59M	2.1M	4.26M
Stock-Based Comp., COGS (Total)	4.11M	3.57M	8.64M	16.84M	24.63M
Stock-Based Comp., SG&A Exp. (Total)	20.52M	38.85M	52.91M	57.93M	59.07M
Total Stock-Based Compensation	24.63M	42.42M	61.55M	74.77M	83.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	279M	428M	292M	307M	142M
Short Term Investments	-	5M	1.77M	3.11M	-
Trading Asset Securities, Total	19.28M	27.58M	47.16M	14.42M	13.99M
Total Cash And Short Term Investments	298M	460M	341M	325M	156M
Accounts Receivable, Total	204M	308M	441M	531M	625M
Other Receivables	22.79M	35.86M	48.4M	25.7M	26.16M
Notes Receivable	937K	1.37M	2.62M	3.36M	2.15M
Total Receivables	228M	345M	492M	560M	654M
Prepaid Expenses	6.62M	10.03M	18.54M	26.93M	24.99M
Other Current Assets, Total	2.86M	4M	6.66M	12.75M	3.74M
Total Current Assets	536M	820M	858M	925M	839M
Gross Property Plant And Equipment	268M	373M	428M	431M	454M
Accumulated Depreciation	-77.1M	-94.92M	-119M	-149M	-176M
Net Property Plant And Equipment	191M	278M	309M	282M	278M
Long-term Investments	14.25M	23.65M	33.63M	32M	36.82M
Goodwill	393M	573M	739M	1.16B	1.59B
Other Intangibles, Total	86.72M	101M	181M	234M	289M
Accounts Receivable Long-Term	12.6M	8.58M	10.66M	4.09M	4.75M
Loans Receivable Long-Term	407K	2.71M	4.19M	5.75M	8.4M
Deferred Tax Assets Long-Term	41.51M	58.4M	46.57M	60.78M	80.81M
Other Long-Term Assets, Total	13.89M	25.3M	17.27M	28.48M	40.83M
Total Assets	1.29B	1.89B	2.2B	2.74B	3.17B
Liabilities
Accounts Payable, Total	16.93M	22.17M	35M	48.48M	55.74M
Accrued Expenses, Total	139M	231M	274M	316M	318M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	907K	10.3M	2.84M	157M	1.6M
Current Portion of Leases	15.36M	25.92M	37.68M	47.85M	29.74M
Current Income Taxes Payable	10.51M	20.32M	11.28M	11.29M	6.52M
Unearned Revenue Current, Total	-	7.95M	3.53M	8.05M	5.91M
Other Current Liabilities	22.62M	68.51M	63.8M	89.38M	126M
Total Current Liabilities	206M	386M	428M	678M	543M
Long-Term Debt	25.8M	1.94M	861K	2.19M	291M
Long-Term Leases	72.24M	109M	97.46M	70.88M	87.89M
Deferred Tax Liability Non Current	13.7M	1.29M	11.29M	9.71M	12.62M
Other Non Current Liabilities	91.46M	83.83M	106M	188M	199M
Total Liabilities	409M	582M	643M	949M	1.13B
Common Stock, Total	47.86M	50.08M	50.72M	51.7M	52.84M
Additional Paid In Capital	541M	872M	951M	1.02B	1.19B
Retained Earnings	294M	390M	539M	697M	863M
Comprehensive Income and Other	-2.67M	-6.4M	-32.24M	-42.05M	-145M
Total Common Equity	880M	1.31B	1.51B	1.73B	1.96B
Minority Interest	-	2.94M	48.86M	56.95M	69.42M
Total Equity	880M	1.31B	1.56B	1.79B	2.03B
Total Liabilities And Equity	1.29B	1.89B	2.2B	2.74B	3.17B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	40.03M	41.89M	42.27M	43.09M	44.05M
ECS Total Common Shares Outstanding	39.88M	41.73M	42.27M	43.09M	44.03M
Book Value / Share	22.06	31.28	35.67	40.14	44.61
Tangible Book Value	400M	632M	588M	332M	84.88M
Tangible Book Value Per Share	10.04	15.13	13.9	7.71	1.93
Total Debt	114M	147M	139M	278M	410M
Net Debt	-184M	-314M	-203M	-46.91M	254M
Debt Equivalent Oper. Leases	46.1M	48.36M	59.58M	73.19M	102M
Minority Interest, Total (Incl. Fin. Div)	-	2.94M	48.86M	56.95M	69.42M
Equity Method Investments, Total	3.15M	-	1.34M	1.43M	1.65M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	2.35M	2.35M	2.35M	2.35M	2.35M
Buildings, Total	13.91M	13.97M	31.5M	74.46M	74.61M
Machinery, Total	112M	150M	188M	228M	244M
Full Time Employees	16.25K	23.53K	27.12K	29.15K	31.28K
Accumulated Allowance for Doubtful Accounts (Supple)	5.76M	6.18M	7.21M	20.67M	26.27M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	54.22M	96.06M	149M	159M	166M
Depreciation & Amortization - CF	33.68M	43.63M	60.57M	72.74M	74.03M
Amortization of Goodwill and Intangible Assets - (CF)	14.8M	36.65M	46.95M	60.08M	82.34M
Depreciation & Amortization, Total	48.48M	80.29M	108M	133M	156M
Amortization of Deferred Charges, Total - (CF)	-	-	419K	7.04M	6.36M
(Gain) Loss From Sale Of Asset	-180K	-643K	-	-	-1.04M
(Gain) Loss on Sale of Investments - (CF)	6.4M	13.97M	-147K	-36.66M	7.96M
Asset Writedown & Restructuring Costs	83K	80K	2.65M	24K	2.55M
Provision for Credit Losses	-800K	-	-	-	-
(Income) Loss On Equity Investments - (CF)	622K	233K	-119K	-89K	-222K
Stock-Based Compensation (CF)	22.42M	37.03M	60.25M	72.94M	81.8M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	-1.16M	-6.57M	3.56M	41.88M	-20.11M
Change In Accounts Receivable	-33.93M	-93.02M	-104M	-44.3M	-113M
Change In Accounts Payable	-2.77M	10.87M	-2.65M	19M	-38.09M
Change In Income Taxes	363K	4.6M	264K	-1.68M	-8.24M
Change in Other Net Operating Assets	6.12M	36.07M	-18.79M	-31M	8.72M
Cash from Operations	99.87M	179M	198M	319M	249M
Capital Expenditure	-29.29M	-42.77M	-47.06M	-45.11M	-27.73M
Sale of Property, Plant, and Equipment	951K	1.25M	-	288K	2.95M
Cash Acquisitions	-75.06M	-164M	-149M	-268M	-301M
Sale (Purchase) of Intangible assets	-24.17M	-34.87M	-48.37M	-81.69M	-85.89M
Investment in Marketable and Equity Securities, Total	7.09M	-20.19M	-9.55M	36.64M	11.41M
Other Investing Activities, Total	-3.54M	-12.38M	-15.72M	7.15M	-3.58M
Cash from Investing	-124M	-273M	-269M	-350M	-404M
Long-Term Debt Issued, Total	155M	13.5M	-	396M	441M
Total Debt Issued	155M	13.5M	-	396M	441M
Long-Term Debt Repaid, Total	-218M	-51.17M	-38.83M	-310M	-384M
Total Debt Repaid	-218M	-51.17M	-38.83M	-310M	-384M
Issuance of Common Stock	308M	295M	12.49M	13.32M	14.06M
Repurchase of Common Stock	-	-7.26M	-9.32M	-11.52M	-10.68M
Other Financing Activities, Total	-3.9M	-6.25M	-30.02M	-42.59M	-65.89M
Cash from Financing	242M	244M	-65.68M	44.53M	-5.81M
Foreign Exchange Rate Adjustments	-1.18M	-1.22M	2.11M	2.07M	-4.14M
Net Change in Cash	216M	149M	-135M	14.77M	-165M
Supplemental Items
Cash Interest Paid	3.77M	6.25M	9.31M	10.42M	19.14M
Cash Income Tax Paid (Refund)	24.58M	50.2M	52.91M	48.78M	69.03M
Levered Free Cash Flow	92.93M	177M	82.76M	214M	242M
Unlevered Free Cash Flow	98.47M	184M	91.53M	227M	260M
Change In Net Working Capital	-20.38M	-38.87M	120M	-1.68M	31.68M
Net Debt Issued / Repaid	-62.46M	-37.67M	-38.83M	85.32M	56.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.91	6.3	6.75	5.58	5.39
Return on Total Capital	7.56	8.17	8.75	7.31	7.04
Return On Equity %	8.22	8.81	10.44	9.48	8.83
Return on Common Equity	8.22	8.79	10.59	9.79	8.97
Margin Analysis
Gross Profit Margin %	37.44	38.21	37.83	36.31	36.26
SG&A Margin	23.53	24.26	24.1	23.92	24.46
EBITDA Margin %	15.27	16.7	16.45	14.92	15.43
EBITA Margin %	13.3	15.17	15.03	13.36	13.93
EBIT Margin %	11.49	12.35	12.39	10.49	10.53
Income From Continuing Operations Margin %	6.66	7.43	8.4	7.56	7
Net Income Margin %	6.66	7.41	8.36	7.56	6.86
Net Avail. For Common Margin %	6.66	7.41	8.36	7.56	6.86
Normalized Net Income Margin	7.03	7.34	7.53	5.63	5.9
Levered Free Cash Flow Margin	11.41	13.68	4.65	10.23	10.02
Unlevered Free Cash Flow Margin	12.1	14.19	5.14	10.83	10.77
Asset Turnover
Asset Turnover	0.82	0.82	0.87	0.85	0.82
Fixed Assets Turnover	4.83	5.53	6.07	7.09	8.63
Receivables Turnover (Average Receivables)	4.35	5.07	4.76	4.32	4.18
Short Term Liquidity
Current Ratio	2.6	2.12	2.01	1.36	1.54
Quick Ratio	2.55	2.08	1.94	1.3	1.49
Operating Cash Flow to Current Liabilities	0.49	0.46	0.46	0.47	0.46
Days Sales Outstanding (Average Receivables)	84.13	72.06	76.74	84.55	87.61
Average Days Payable Outstanding	9.9	8.9	9.43	11.52	12.39
Long Term Solvency
Total Debt/Equity	12.99	11.21	8.92	15.55	20.17
Total Debt / Total Capital	11.5	10.08	8.19	13.46	16.79
LT Debt/Equity	11.14	8.45	6.32	4.09	18.63
Long-Term Debt / Total Capital	9.86	7.59	5.8	3.54	15.5
Total Liabilities / Total Assets	31.72	30.79	29.24	34.68	35.79
EBIT / Interest Expense	10.54	15.28	15.71	10.96	8.87
EBITDA / Interest Expense	16	22.94	23.38	17.57	14.33
(EBITDA - Capex) / Interest Expense	12.7	18.86	20.02	15.33	13.36
Total Debt / EBITDA	0.81	0.61	0.42	0.79	1
Net Debt / EBITDA	-1.3	-1.3	-0.62	-0.13	0.62
Total Debt / (EBITDA - Capex)	1.01	0.74	0.49	0.9	1.07
Net Debt / (EBITDA - Capex)	-1.63	-1.59	-0.72	-0.15	0.66
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.48	59.32	37.25	17.73	15.26
Gross Profit, 1 Yr. Growth %	19.82	62.61	35.88	13	15.09
EBITDA, 1 Yr. Growth %	7.87	73.12	35.2	6.81	19.2
EBITA, 1 Yr. Growth %	7.52	80.42	35.93	4.67	20.22
EBIT, 1 Yr. Growth %	2.73	69.88	37.73	-0.28	15.61
Earnings From Cont. Operations, 1 Yr. Growth %	0.37	77.72	55.13	6.04	6.62
Net Income, 1 Yr. Growth %	0.37	77.19	54.99	6.48	4.54
Normalized Net Income, 1 Yr. Growth %	17.35	63.82	40.72	-12.04	20.94
Diluted EPS Before Extra, 1 Yr. Growth %	-4.2	66.42	52.19	4.9	2.2
Accounts Receivable, 1 Yr. Growth %	20.02	50.84	43.07	20.69	17.77
Net Property, Plant and Equip., 1 Yr. Growth %	30.57	45.6	11.19	-8.71	-1.59
Total Assets, 1 Yr. Growth %	87.38	46.67	16.71	24.57	16.13
Tangible Book Value, 1 Yr. Growth %	79.52	57.7	-7.75	-43.81	-75.08
Common Equity, 1 Yr. Growth %	100.57	48.35	15.49	14.73	13.54
Cash From Operations, 1 Yr. Growth %	25.25	79.2	10.36	61.26	-21.91
Capital Expenditures, 1 Yr. Growth %	43.77	45.99	10.05	-4.15	-38.52
Levered Free Cash Flow, 1 Yr. Growth %	102.35	90.02	-53.37	154.91	20.07
Unlevered Free Cash Flow, 1 Yr. Growth %	100.49	85.99	-50.26	144.34	21.4
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.85	40.26	47.87	27.12	16.49
Gross Profit, 2 Yr. CAGR %	21.78	39.58	48.64	23.91	14.04
EBITDA, 2 Yr. CAGR %	16.79	37.32	52.99	20.17	12.75
EBITA, 2 Yr. CAGR %	16.41	40.06	56.61	19.28	12.09
EBIT, 2 Yr. CAGR %	15.07	32.95	52.96	17.19	7.37
Earnings From Cont. Operations, 2 Yr. CAGR %	2.51	33.56	66.04	28.26	6.33
Net Income, 2 Yr. CAGR %	2.43	33.36	65.72	28.46	5.5
Normalized Net Income, 2 Yr. CAGR %	20.05	40.12	51.87	11.26	3.14
Diluted EPS Before Extra, 2 Yr. CAGR %	-1.43	26.27	59.15	26.35	3.54
Accounts Receivable, 2 Yr. CAGR %	35.68	34.55	46.91	31.31	19.22
Net Property, Plant and Equip., 2 Yr. CAGR %	92.67	37.88	27.19	0.75	-5.22
Total Assets, 2 Yr. CAGR %	71.71	65.78	30.64	20.48	20.09
Tangible Book Value, 2 Yr. CAGR %	34.52	68.26	21.14	-27.8	-62.1
Common Equity, 2 Yr. CAGR %	61.37	72.5	30.89	15.11	14.14
Cash From Operations, 2 Yr. CAGR %	21.91	49.82	40.63	33.41	12.22
Capital Expenditures, 2 Yr. CAGR %	23.61	44.88	26.75	2.7	-23.24
Levered Free Cash Flow, 2 Yr. CAGR %	49.35	97.16	-5.87	9.92	69.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	52.97	94.09	-3.82	11.06	67.32
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	25.34	35.42	39.25	37.05	23.03
Gross Profit, 3 Yr. CAGR %	26.47	34.1	38.34	35.66	20.9
EBITDA, 3 Yr. CAGR %	29.91	33.44	36.61	35.72	19.84
EBITA, 3 Yr. CAGR %	31.47	35.03	38.67	36.93	19.59
EBIT, 3 Yr. CAGR %	32.08	31.38	34.52	32.63	16.66
Earnings From Cont. Operations, 3 Yr. CAGR %	21.19	23.15	40.4	42.99	20.6
Net Income, 3 Yr. CAGR %	21.09	22.96	40.21	43	19.94
Normalized Net Income, 3 Yr. CAGR %	33.13	33.85	40.34	26.6	14.4
Diluted EPS Before Extra, 3 Yr. CAGR %	17.71	17.37	34.38	38.5	17.73
Accounts Receivable, 3 Yr. CAGR %	36.61	40.56	37.33	37.52	26.64
Net Property, Plant and Equip., 3 Yr. CAGR %	63.29	75.5	28.31	13.88	-0.04
Total Assets, 3 Yr. CAGR %	53.38	62.92	47.33	28.51	18.89
Tangible Book Value, 3 Yr. CAGR %	37.78	41.84	38.11	-6.05	-48.92
Common Equity, 3 Yr. CAGR %	49.49	56.91	50.9	25.27	14.59
Cash From Operations, 3 Yr. CAGR %	32.44	38.62	35.31	47.2	11.59
Capital Expenditures, 3 Yr. CAGR %	14.32	30.66	32.19	15.48	-13.44
Levered Free Cash Flow, 3 Yr. CAGR %	69	62.11	21.93	31.92	10.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	70.68	63.53	23.28	31.88	12.22
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	26.25	32.07	33.91	32.04	29.65
Gross Profit, 5 Yr. CAGR %	26.64	30.35	34.91	29.93	28.05
EBITDA, 5 Yr. CAGR %	30.36	28.84	38.86	27.96	26.55
EBITA, 5 Yr. CAGR %	31.87	29.18	41.2	28.5	27.4
EBIT, 5 Yr. CAGR %	31.56	26.17	40.29	25.51	22.92
Earnings From Cont. Operations, 5 Yr. CAGR %	11.39	21.86	37.46	25.17	25.62
Net Income, 5 Yr. CAGR %	11.36	21.77	37.28	25.13	25.13
Normalized Net Income, 5 Yr. CAGR %	24.13	28.73	40.77	24.32	24.08
Diluted EPS Before Extra, 5 Yr. CAGR %	8.77	17.69	32.8	20.89	21.07
Accounts Receivable, 5 Yr. CAGR %	34.75	41.56	40.64	36.79	29.74
Net Property, Plant and Equip., 5 Yr. CAGR %	49.34	50.79	47.76	40.54	13.67
Total Assets, 5 Yr. CAGR %	42.04	46.02	43.84	44.31	35.72
Tangible Book Value, 5 Yr. CAGR %	27.17	37.27	30.87	8.46	-17.57
Common Equity, 5 Yr. CAGR %	40.6	44.32	41.75	38.62	34.96
Cash From Operations, 5 Yr. CAGR %	79.8	41.56	35.66	36.51	25.55
Capital Expenditures, 5 Yr. CAGR %	16.6	19.35	19.14	18.67	6.36
Levered Free Cash Flow, 5 Yr. CAGR %	59.22	46.58	33.86	38.78	39.61
Unlevered Free Cash Flow, 5 Yr. CAGR %	58.95	47.08	35.82	40.08	39.71