Globant S.a. · NYSE:GLOB

Globant — Q4 2020 Earnings Presentation

29 slides from Globant's earnings presentation, Feb 19, 2021

  1. Slide 1: Empowering organizations for a digital and cognitive revolution

    We are Empowering organizations for a digital and cognitive revolution

  2. Slide 2: We transform organizations to be ready for a digital and cognitive future

    We transform organizations to be ready for a digital and cognitive future 2

  3. Slide 3: Investment highlights

    Investment highlights Pure play in the digital and cognitive space Organized by Studios, Global presence, leveraging delivering domain expertise in next-gen software and the emerging technologies right talent and skills Substantial customer Recurring and blue-chip penetration and international custo

  4. Slide 4: Globant recognized as a Worldwide Leader in CX Improvement by IDC MarketScape

    Globant Recognized as a Worldwide Leader in CX Improvement by IDC MarketScape Globant recognized as a Worldwide Leader in CX Improvement by IDC MarketScape report IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. T

  5. Slide 5: Market Opportunity, Resilient Business Model

    Market Opportunity Resilient Business Model On top of ongoing digital trends, the current pandemic has proven that * By 2023, the global economy will reach digital transformation is imperative for digital supremacy. Products and services any business: from digitally transformed enterprises will acco

  6. Slide 6: Digital economy and technology market statistics

    60% $ 80B $ 7T Artificial Intelligence Revenue Digi-Capital forecasts that By 2022, 60%+ of is expected to grow at a 60% AR/VR could reach $80 global GDP will be CAGR through 2025. billion to $90 billion by 2023 digitized, with growth in every industry and Source: IDC's Digital Economy Model, 2019 S

  7. Slide 7: This is Globant

    THIS IS GLOBANT Revenue Trajectory ($M) 2020 CAGR 26.4% 16,200+ 2015 employees 2010 5,000+ 1,000+ Case Studies & Recognitions 2006 2008 2009 2012 2014 2015 2016 2017 2019 2020 2003 Signed Riverwood Studios WPP Listed on Follow-ons SOP Recognized as a 2017 BeKind Recognized as a Founded Google Capita

  8. Slide 8: Trusted by select customers

    ABOUT GLOBANT TRUSTED BY Select Customers 8

  9. Slide 9: Our Innovative Solutions

    Our Innovative Solutions Leading M&E Company Leading Video Game Company Leading European Bank We helped Disney create their next We contributed to the development We worked with Santander to build generation online experience for of EA’s highly successful FIFA a first true digital bank, offering the

  10. Slide 10: Our Secret Sauce

    OUR SECRET SAUCE 1. WE ARE ONE OF THE 2. WE ARE BUILT ON AN 3. WE REINVENT FIRST PLAYERS AUTONOMOUS OURSELVES AND DELIVERING PODULAR STRUCTURE OTHER INDUSTRIES ENGINEERING, THROUGH AI INNOVATION AND DESIGN AT SCALE 10

  11. Slide 11: Our Studios

    1. WE ARE ONE OF THE FIRST PLAYERS DELIVERING ENGINEERING, INNOVATION AND DESIGN AT SCALE Our Studios ORGANIZATIONAL FITNESS BUILD AND EVOLVE FUTURE OF STAY SCALABLE CONTINUOUS LIFE AGILE DELIVERY CONTINUITY GAMING IOT ORGANIZATIONS RELEVANT PLATFORMS EVOLUTION SCIENCES STRATEGY BUSINESS PRODUCT DIG

  12. Slide 12: Autonomous podular structure

    2. WE ARE BUILT AROUND AN AUTONOMOUS PODULAR STRUCTURE Client Lean structure focused on agile Pods. Inverted organizational Pods pyramid with the Pods front-and-center. Client Management An operating system designed Pod to expand our culture. Top Pods that mature and adapt Management hand-in-hand wi

  13. Slide 13: We reinvent ourselves and other industries

    3. WE REINVENT OURSELVES AND OTHER INDUSTRIES In a context of constant change, organizations must adapt. Technology and AI is key for their reinvention: Augmented Collaboration Augmented Coding Augmented Culture Agile Pods 13

  14. Slide 14: Our global footprint

    ABOUT Globant OUR GLOBAL FOOTPRINT Strong global presence with great Luxembourg Canada UK Belarus talent to deliver digital and cognitive France Romania United Spain transformations. States India Multiple time zones enable us to deliver Mexico agile services to our customers and global partners. Col

  15. Slide 15: Global delivery model

    Global delivery model Total Headcount Geographic dispersion (%) Country Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Argentina 69 57 49 39 34 30 30 Along our journey, we have Colombia 8 11 15 21 25 27 23 diversified our talent base to Mexico 4 6 7 9 10 11 12 build a strong global presence India

  16. Slide 16: ESG Approach

    ESG Approach Our purpose is to make the world a better place, one step at a time. Integrated Report published annually. Committed with six SDG’s. Ranked at DJSI. Silver recognition level at Ecovadis. Be kind is our Sustainability strategy for the next five years. Note: SDG: Sustainable Development G

  17. Slide 17: ESG Approach: Governance, Data Privacy & Security

    ESG Approach Governance Data Privacy & Security ● Board of Directors: Consist of 8 ● Work in progress to comply with members which are elected on a GDPR, CCPA, LGPD and the laws of all geographies where Globant has a staggered basis. 1/3 of the directors presence. being elected each year. ● Code of

  18. Slide 18: Be Kind

    ABOUT Be Kind to your peers to the planet to humanity We aim to reach 50% women Since 2020, we have been Reinventing our Industry and non-binary gender in using 100% renewable to make a positive management positions by 2025. electricity. impact: - Ethic AI We want to inspire 10,000 By the end of 202

  19. Slide 19: Financial Review

    FINANCIAL REVIEW 19

  20. Slide 20: At a Glance

    At a GLANCE Global Delivery Model 50 offices in 35 cities throughout 16 countries Key Statistics Headcount Distribution (as of Dec’20) $814.1M 26.4% $62k Argentina 2020 total 2014 – 2020 2020 annual Colombia Revenue Revenue CAGR Revenue per IT Professional Other LatAm India 39.1% 15.2% 16,200+ US &

  21. Slide 21: Significant Revenue Growth

    Significant Revenue Growth Revenue ($M) YoY: 23.5% Average Revenue by Client ($M) Top 10 CAGR: 25.6% CAGR(‘14-’20): 26.4% Top 20 CAGR: 24.0% Client Revenue Contribution (%) Clients with Revenues >$1M Clients 2014 2015 2016 2017 2018 2019 2020 Top 1 9 12 10 10 11 11 11 Top 5 27 33 34 29 32 26 31 Top

  22. Slide 22: Revenue Breakdown (2020)

    Revenue Breakdown (2020) Geography Currency North America USD LatAm and Others Others Europe Industry Contract type Banks & Financial Ss. 1% Time & Materials 6% 3% Media & Entertainment Fixed Price & Professional Services Others Consumer, Retail & Manufacturing Tech & Telecom Travel & Hospitality He

  23. Slide 23: Strong ability to develop accounts

    Strong ability to develop accounts Increasing # of multi million $ accounts 2014 2015 2016 2017 2018 2019 2020 100 squared strategy: $20M+ 0 1 2 3 5 7 7 ● Dedicated onsite teams $10M+ 2 5 6 9 9 14 13 ● Strategic partner $5M+ 10 10 11 18 21 26 32 ● Increased visibility $1M+ 46 51 60 82 90 107 129 Ann

  24. Slide 24: Attractive Profitability

    Attractive Profitability Adjusted Gross Profit Adjusted Profit from Adjusted Net Income ($M) Operations ($M) ($M) % of revs % of revs % of revs 41.0 38.9 42.3 38.8 40.6 40.4 39.1 10.6 9.7 16.9 13.7 16.1 17.0 15.2 12.2 12.8 12.0 11.1 12.2 13.1 12.0 Note: Adjusted Gross Profit excludes depreciation an

  25. Slide 25: Our growth strategy

    Our growth strategy + ● Focus on 1002 : 100 accounts with potential revenues of $100M+ Main Strategic Acquisitions ● Studio cross-selling ● Bluecap ● Increasing sales coverage to ensure ● gA better reach ● Belatrix ● Diversification of the talent pool among different locations ● Avanxo ● Pursue stra

  26. Slide 26: Globant Ventures

    Globant Ventures We invest in technology-based Startups, making them grow rapidly to transform them into companies that generate a real impact on the world seeking synergies with Globant’s Value Proposition. STARTUP + STUDIOS TheEye OUR COMMITMENT Investment Mentoring Our investment range goes from

  27. Slide 27: Leading this dream, our management team

    Leading this dream, our management team BOARD OF DIRECTORS Martín Migoya Martín Gonzalo Umaran Guibert Andrés Englebienne Chairman of the Board, CEO & Co-founder Director, Chief of Staff, Head of M&A & Director, CTO & Co-founder Co-founder Mario Eduardo Vázquez Francisco Álvarez-Demalde Richard Hayt

  28. Slide 28: 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,” “will,” “estimate,” “con

  29. Slide 29: Ready?

    Globant > READY?

Globant — Q4 2020 Earnings Presentation on 6ix