Slide 1: F1Q25 Investor Presentation
F1Q25 INVESTOR PRESENTATION Technology that dares to delight
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS Pure play in the digital Global presence, leveraging next-gen and cognitive space software and the right talent and skills Organized into Studios, delivering Strong set of Accelerators that domain expertise in emerging leverage AI and other technologies to technologies and indu
Slide 3: Market Opportunity / Resilient Business Model
MARKET OPPORTUNITY RESILIENT BUSINESS MODEL On top of ongoing digital trends, the recent wave of generative AI has proven that digital transformation is imperative for any business: Organizations need to accelerate their digital By 2028, the total market for generative AI will transformation reach a
Slide 4: $2.1T worldwide IT services spending expected to be reached by 2027
$2.1T 85% 90% worldwide IT services spending expected to of CEOs reported increased of service providers will investments in digital capabilities use generative AI for be reached by 2027 and 77% are increasing software development investments in IT services by 2027. Also Source: Gartner Forecast: IT
Slide 5: This Is Globant
THIS IS YoY: 31,100+ 15.3% Revenue Trajectory ($M) employees CAGR 28.3% Globers 16,000+ 1,000+ 2010 2020 Q1 2025 Case Studies & Recognitions 2003 2006 2009 2014 2017 2019 2020 2021 2023 2024 Founded Signed Studios Listed on Recognized as a 2017 BeKind Recognized as a 2020 Crossed $1B in 20th anniver
Slide 6: Some of the Clients We Work With
SOME OF THE CLIENTS WE WORK WITH 6 |
Slide 7: Our Innovative Solutions
OUR Innovative Metropolitan Police OpenBank To improve public access Creating the first true to the Metropolitan SOLUTIONS digital bank offering a Police, we helped build highly personalized, an online system to exclusively digital reduce response times banking by 44% Autodesk EA Royal Caribbean Leve
Slide 8: Our Studio Networks Foster Collaboration, Fuel Creativity, and Deliver Transformative Results
Our STUDIO NETWORKS foster collaboration, fuel creativity, and deliver transformative results to our clients. AI STUDIOS GLOBANT GUT DIGITAL EVOLUTION ENTERPRISE Gain a competitive advantage in Empower the uniqueness of Enhance efficiency and speed up Leverage tailored tech for your industry through
Slide 9: We are Globant's AI Platforms
We are Globant's Driving A World That Needs To Be Built On AI Agentic Software Development Agentic Process Compass Agentic Innovation Platform & Productivity Booster Agentic Service Support Accelerating Fintech Social Operating Industries Accelerator System of the Future AI Reinvention Platform of W
Slide 10: Globant ranked as Fastest-Growing and 5th Strongest IT Brand Globally
Globant ranked as FASTEST-GROWING AND 5th STRONGEST IT BRAND GLOBALLY According to Brand Finance, the leading brand consultancy: “Globant’s growth is driven by its growing global presence and strong financial performance, with Brand Finance research identifying a significant increase in consideration
Slide 11: Global Autonomous Culture
GLOBAL AUTONOMOUS CULTURE Our global delivery centers are successful thanks to a strong and autonomous culture that runs through every Glober Our Agile Pods Model aims to better Our Inverted Org Chart with the Our StarMeUp platform creates an align business and technology Pods at the front and cente
Slide 12: About Globant: Our global, diverse and inclusive talent pool
ABOUT GLOBANT NORTH LATIN MENA & EUROPE AMERICA AMERICA APAC Our global, diverse Canada United States Argentina Brazil Belarus Bulgaria Australia China and inclusive talent pool Chile Denmark Hong Kong Colombia France India We take pride in our people, and we’re fully aware Costa Rica Germany Morocc
Slide 13: Global Delivery Model
GLOBAL DELIVERY MODEL Total Headcount Geographic mix (%) Country Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Mar -25 Colombia 8 11 15 21 25 27 23 23 22 20 20 20 Along our journey, Argentina 69 57 49 39 34 30 30 23 20 19 19 18 we have diversified India - 9 8 10 12 10 1
Slide 14: ESG Approach
ESG APPROACH Globant ranked #6 on Fortune's 2024 Change the World list for its sustainability efforts Verified Integrated Report and TCFD published annually Sustainability Yearbook Member (by S&P). Management level on CDP (B score). Aligned with SDG’s Be kind is our ESG strategy for the next years, n
Slide 15: We create our own way forward in a sustainable way
We create our own way forward in a sustainable way ● Climate volatility ● Tackle the misuse of ● We foster an environment ● We embrace our presents an urgent technology through our of respect where everyone responsibility to be a force challenge for business’ BeKind Tech Fund, an feels valued and ha
Slide 16: Globant Ventures: MKT, Sales & Data Operations
We invest in visionary and purpose-driven entrepreneurs Investments ranging from a crowd-sourced Investments ranging from an RPA + AI business seeking to reinvent business while creating synergies platform for marketing intelligence to the Best process automation solutions to a startup that Full-web
Slide 17: Financial Review
FINANCIAL °° REVIEW ~
Slide 18: At a Glance
Global Delivery Model AT A GLANCE 31,100+ globers in 36 countries Key Statistics Headcount Distribution (as of Mar’25) $2.5B 28.3% $87.8K Argentina LTM Q1’25 total 2014 – 2024 LTM Q1’25 Revenue Revenue Revenue CAGR per IT Professional Colombia Other LATAM 38.0% 14.8% 31,100+ India NA, Europe, MENA Q
Slide 19: Significant Revenue Growth
SIGNIFICANT REVENUE GROWTH Average Revenue by Client ($M) Revenue ($M) Average Revenue by Client ($M) CAGR(‘14-’24): 28.3% Top 10 CAGR: 23.2% 48.3 Top 20 CAGR: 23.0% 43.9 YoY: 7.0% 40.6 33.7 22.1 17.5 15.1 11.4 Clients with Revenues >$1M Client Revenue Contribution (%) 341 Clients 2014 2015 2016 201
Slide 20: Revenue Breakdown (Q1'25)
REVENUE BREAKDOWN (Q1’25) Geography Contract type Currency Industry 5% 2% Banks, Financial Services and Insurance North America Time and Materials USD Media and Entertainment LATAM Fixed Price Others Consumer, Retail and Manufacturing Europe Licences, Resales Travel and Hospitality and Others New Ma
Slide 21: Strong Ability to Develop Accounts
STRONG ABILITY TO DEVELOP ACCOUNTS Increasing # of multi million $ accounts 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100 squared strategy: $20M+ 0 1 2 3 5 7 7 12 13 16 20 ● Dedicated onsite teams $10M+ 2 5 6 9 9 14 13 22 25 34 44 ● Strategic partner $5M+ 10 10 11 18 21 26 32 42 65 80 8
Slide 22: Attractive Profitability
ATTRACTIVE PROFITABILITY Adjusted Gross Profit ($M) Adjusted Profit from Adjusted Net Income ($M) Operations ($M) % of revs % of revs % of revs 39.2 38.1 38.2 38.0 38.0 16.3 15.2 15.4 15.0 14.8 12.2 11.9 11.8 11.8 11.1 Note: Adjusted Gross Profit excludes depreciation and amortization and share-based c
Slide 23: Our Growth Strategy
OUR GROWTH STRATEGY + Focus on 1002 : 100 accounts with potential revenues of $100M+ Most Recent Strategic Acquisitions Pursue strategic, tuck-in acquisitions Blankfactor | Exusia | Studio cross-selling Iteris | GUT | Diversification of the talent pool among different locations Increasing sales cover
Slide 24: Leading This Dream, Our Management Team
LEADING THIS DREAM, OUR MANAGEMENT TEAM BOARD OF DIRECTORS Martín Migoya Martín Umaran Guibert Englebienne Chairman of the Board, CEO Chief Corporate Development Officer, President of Globant X, President of & Co-founder President of EMEA & Co-founder Latam & Co-founder Linda Rottenberg Francisco Ál
Slide 25: Forward Looking Disclosure
FORWARD LOOKING DISCLOSURE In addition to historical information, this presentation might contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may
Slide 26: Technology that dares to delight
Technology that dares to delight