Globant S.A. (GLOB)

Globant Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,096	1,780	1,297	814.14	659.33
Revenue Growth (YoY)	17.73%	37.25%	59.32%	23.48%	26.23%
Cost of Revenue	1,340	1,111	802.09	509.81	405.16
Gross Profit	755.76	669.4	494.99	304.33	254.16
Selling, General & Admin	537.08	456.32	343	217.22	172.48
Other Operating Expenses	0.92	0	0	0.08	0.72
Operating Expenses	537.99	456.32	343	217.31	173.2
Operating Income	217.77	213.07	151.98	87.02	80.96
Interest Expense / Income	23.75	16.55	12.71	10.43	6.65
Other Expense / Income	-4.03	4.22	14.71	0.07	5.28
Pretax Income	198.05	192.3	124.56	76.52	69.03
Income Tax	39.51	43.41	28.5	22.31	15.02
Net Income	158.54	148.89	96.07	54.22	54.02
Net Income Growth	6.48%	54.99%	77.19%	0.37%	4.52%
Shares Outstanding (Basic)	43	42	41	39	37
Shares Outstanding (Diluted)	44	43	42	40	38
Shares Change	1.72%	1.85%	5.94%	5.42%	2.70%
EPS (Basic)	3.72	3.55	2.35	1.41	1.48
EPS (Diluted)	3.64	3.47	2.28	1.37	1.43
EPS Growth	4.90%	52.19%	66.42%	-4.20%	1.42%
Free Cash Flow	192.01	102.09	102.59	71.53	59.46
Free Cash Flow Per Share	4.51	2.44	2.51	1.86	1.63
Gross Margin	36.06%	37.60%	38.16%	37.38%	38.55%
Operating Margin	10.39%	11.97%	11.72%	10.69%	12.28%
Profit Margin	7.56%	8.36%	7.41%	6.66%	8.19%
Free Cash Flow Margin	9.16%	5.73%	7.91%	8.79%	9.02%
Effective Tax Rate	19.95%	22.57%	22.88%	29.15%	21.75%
EBITDA	361.66	316.78	217.56	135.43	114.52
EBITDA Margin	17.26%	17.79%	16.77%	16.64%	17.37%
Depreciation & Amortization	139.86	107.93	80.29	48.48	38.84
EBIT	221.8	208.85	137.27	86.95	75.69
EBIT Margin	10.58%	11.73%	10.58%	10.68%	11.48%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).