Slide 1: Seek Reinvention: F2Q22 Investor Presentation
Seek Reinvention F2Q22 Investor Presentation
Slide 2: Investment highlights
Investment highlights Pure play in the digital Global presence, leveraging and cognitive space next-gen software and the right talent and skills Organized by Studios, delivering Strong set of Accelerators domain expertise in emerging that leverage AI and other technologies and industries technologie
Slide 3: Market Opportunity and Resilient Business Model
Market Opportunity Resilient Business Model On top of ongoing digital trends, the current By 2023, the global economy will reach digital pandemic has proven that digital supremacy. Products and services from digitally transformation is imperative for any business: transformed enterprises will accoun
Slide 4: Digital transformation market statistics
$60B 85% $6.3T Artificial Intelligence Software Of CEOs reported increased By 2024, digital Revenue to Reach $59.8 investments in digital capabilities and transformation Billion Worldwide by 2025 77% are increasing investments in IT spending will make up Source: Gartner CEO Survey: Inflation Won’t S
Slide 5: This is Globant
YoY: 59.3% This is Revenue Trajectory ($M) 1,297 CAGR 30.7% 814 25,900+ 659 Globers employees 522 5,000+ 413 323 1,000+ 254 200 2014 2015 2016 2017 2018 2019 2020 2021 2010 2015 2022 Case Studies & Recognitions 2006 2009 2014 2017 2019 2020 2021 2003 Founded Signed Studios Listed on Recognized as a
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 Solutions To improve public access Creating the first true to the Metropolitan Police, we helped build digital bank offering a an online system to highly personalized, reduce response times exclusively digital by 44%. banking. Autodesk EA Rockwell Automati
Slide 8: Our Studio model fosters creativity and innovation
Our Studio model fosters creativity and innovation. These deep pockets of expertise on the latest technologies and trends deliver tailored solutions for specific challenges. Reinvention Studios Digital Studios 8
Slide 9: Reinvention Studios incubator and platforms
Is an incubator by, for and of innovation that helps productize Globant's most transformative tech into platforms. Our one-of-a-kind Entrepreneurial Engine helps our Globerpreneurs and select early-stage startups to catapult them from napkin to MVP to in-market success. Our platforms enhance digital
Slide 10: Capabilities: Leader in CX Improvement by IDC MarketScape
Globant recognized as a Worldwide Leader in CX Improvement by IDC MarketScape SOURCE: IDC MarketScape: Worldwide Customer Experience Improvement Services 2020 Vendor Assessment, by Douglas Hayward, September 2020, IDC #US45658220 IDC MarketScape vendor analysis model is designed to provide an overvi
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 Our Inverted Org Chart with Our StarMeUp platform creates an to better align business and the Pods at the front and center amazing
Slide 12: Our global, diverse, and inclusive talent pool
ABOUT GLOBANT Luxembourg Poland i Canada UK Belarus Germany Spain Romania United States Our global, France diverse, and Mexico India inclusive Costa Rica Colombia talent pool Ecuador Brazil Peru We take pride in our people, and we’re fully aware that they are our Uruguay biggest strength. Chile Arge
Slide 13: 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 Dec-21 Jun-22 Colombia 8 11 15 21 25 27 23 23 22 Argentina 69 57 49 39 34 30 30 23 20 India - 9 8 10 12 10 11 15 17 Along our journey, we Mexico 4 6 7 9 10 11 12 14 13 have divers
Slide 14: 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 years. 14 Note: SDG: Sustainable Development Goa
Slide 15: ESG Approach: Governance and Data Privacy
ESG Approach Governance Data Privacy & Security Board of Directors: Consisting of 9 diverse Globant Cybersecurity Strategy: GDPR and LGPD members which are elected on a assessment has been concluded last December 2021. staggered basis. New charter approved to CCPA assessment is still ongoing. descri
Slide 16: We create our own way forward in a sustainable way
We create our own way forward in a sustainable way. Be Kind to Yourself ● 100% of our globers worldwide impacted with a comprehensive wellness plan Be kind to your Peers ● 50% women and non-binary people in management positions by 2025 ● Grant coding scholarships to 15,000 people by 2025 Be kind to
Slide 17: Globant Ventures
STARTUP + STUDIOS Globant Ventures ➔ VU Security ➔ TheEye ➔ Avancargo We invest in visionary and purpose-driven ➔ Robin Tests ➔ Drixit Technologies ➔ Woocar ➔ UALI entrepreneurs seeking to reinvent business while creating synergies with Globant’s clients. Globant Ventures targets investment ➔ Elsa ➔
Slide 18: Financial review
Financial review 18
Slide 19: At a Glance
At a Glance Global Delivery Model 25,900+ globers in 20 countries Key Statistics Headcount Distribution (as of Jun’22) $1.6B 30.7% $72.6k Argentina LTM Q2’22 total 2014 – 2021 LTM Q2’22 Revenue Revenue Revenue CAGR per IT Professional Colombia Other LatAm 39.1% 16.1% 25,900+ India Q2’22 Q2’22 Total
Slide 20: Significant Revenue Growth
Significant Revenue Growth Revenue ($M) Average Revenue by Client ($M) CAGR(‘14-’21): 30.7% Top 10 CAGR: 28.4% Top 20 CAGR: 27.7% YoY: 40.6% Client Revenue Contribution (%) Clients with Revenues >$1M Clients 2014 2015 2016 2017 2018 2019 2020 2021 Top 1 9 12 10 10 11 11 11 11 Top 5 27 33 34 29 32 26
Slide 21: Revenue Breakdown (Q2'22)
Revenue Breakdown (Q2’22) Geography 2% Currency North America USD LATAM Others EMEA Asia and Oceania Industry Contract type Banks and Financial Services Time and Materials Media and Entertainment 1% Fixed Price and Tech and Telecom Others Consumer, Retail and Manufacturing Professional Services Trav
Slide 22: Strong ability to develop accounts
Strong ability to develop accounts Increasing # of multi million $ accounts 2014 2015 2016 2017 2018 2019 2020 2021 100 squared strategy: $20M+ 0 1 2 3 5 7 7 12 ● Dedicated onsite teams $10M+ 2 5 6 9 9 14 13 22 ● Strategic partner $5M+ 10 10 11 18 21 26 32 42 ● Increased visibility $1M+ 46 51 60 82
Slide 23: Attractive Profitability
Attractive Profitability Adjusted Gross Profit ($M) Adjusted Profit from Adjusted Net Income ($M) Operations ($M) % of revs % of revs % of revs 40.6 40.4 39.1 39.5 39.3 39.1 16.1 17.0 15.2 16.5 16.2 16.1 11.6 12.2 11.1 12.2 12.0 12.1 Note: Adjusted Gross Profit excludes depreciation and amortization
Slide 24: Our growth strategy
Our growth + Main Strategic Acquisitions strategy ● GeneXus ● Focus on 1002 : 100 accounts ● Navint with potential revenues of ● Atix Labs $100M+ ● Walmeric ● Habitant ● Studio cross-selling ● Cloudshift ● Increasing sales coverage to ● Bluecap ensure better reach ● gA ● Belatrix ● Diversification o
Slide 25: 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 Chief Corporate Development Officer, President of Globant X, President of Latam President of EMEA & Co-founder & Co-founder Linda Rottenbe
Slide 26: 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
Slide 27: Seek Reinvention
Now’s your time to Seek Reinvention