Globant S.a. · NYSE:GLOB
Globant — Investor Presentation (May 2021)
7 slides from Globant's investor presentation, May 24, 2021
Slide 1: At a Glance: Key Statistics
Note: Adjusted Gross Profit Margin Percentage excludes depreciation and amortization and share - based compensation expense. Adjusted Profit from Operations Margin Percentage excludes share - based compensation expense, impairment of assets and acquisition - related charges. Revs per IT Prof: Sum of
Slide 2: Significant Revenue Growth
2014 2015 2016 2017 2018 2019 2020 200 254 323 413 522 6 5 9 659 Q1’21 814 Significant Revenue Growth Clients with Revenues >$1M Client Revenue Contribution (%) Revenue ($M) Average Revenue by Client ($M) Top 10 Top 20 CAGR (‘14 - ’20): 26.4% CAGR: 25.6% CAGR: 24.0% YoY: 41.0% Clients 2014 2015 2016
Slide 3: Increasing number of multi million $ accounts
Increasing # of multi million $ accounts Annual revenues of select top 20 customers, part of our 100 2 strategy 2015 2014 ● Studio cross - selling ● POD model penetration ● Increasing number of projects 100 squared strategy: ● Dedicated onsite teams ● Strategic partner ● Increased visibility 2016 $2
Slide 4: Reconciliation of IFRS to Non IFRS: Adjusted Gross Profit
Reconciliation of adjusted gross profit Three months ended March 31 Year ended December 31 2021 2020 2020 2019 2018 Gross Profit 103,197 72,203 304,327 254,161 203,756 Depreciation and amortization expense 2,801 2,290 9,759 7,350 4,022 Share - based compensation expense 1,015 1,121 4,109 4,976 4,248
Slide 5: Reconciliation of IFRS to Non IFRS: Adjusted SG&A
Reconciliation of adjusted selling, general and Three months ended March 31 Year ended December 31 administrative expenses 2021 2020 2020 2019 2018 Selling, general and administrative expenses - 71,891 - 51,872 - 217,222 - 172,478 - 133,187 Depreciation and amortization expenses 9,838 4,894 22,691 1
Slide 6: Reconciliation of IFRS to Non IFRS: Adjusted Profit from Operations
Reconciliation of Adjusted Three months ended March 31 Year ended December 31 Profit from Operations 2021 2020 2020 2019 2018 Profit from Operations 30,218 18,714 83,942 80,735 66,794 Share - based compensation expense 8,697 6,279 24,628 19,888 12,913 Impairment of tax credits - - - 8 - - Acquisitio
Slide 7: Reconciliation of IFRS to Non IFRS: Adjusted Net Income and EPS
Reconciliation of adjusted net income Three months ended March 31 Year ended December 31 2021 2020 2020 2019 2018 Net Income for the period 21,667 13,170 54,217 54,015 51,596 Share - based compensation expense 8,697 6,279 24,628 19,888 12,913 Acquisition related expenses (a) 6,653 3,217 15,796 11,51