Slide 1: Seek Reinvention – F3Q21 Investor Presentation
Seek Reinvention F3Q21 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 forecasts
$60B $ 80B $ 6.3T Artificial Intelligence Software Digi-Capital forecasts that AR/VR By 2024, digital Revenue to Reach $59.8 could reach $80 billion to $90 transformation Billion Worldwide by 2025 billion by 2023 spending will make up 55% of all technology Source: Tractica Source: Digi-Capital inves
Slide 5: This is Globant
This is YoY: 23.5% Revenue Trajectory ($M) CAGR 26.4% 814 21,800+ 659 Globers employees 522 5,000+ 413 323 1,000+ 254 200 2014 2015 2016 2017 2018 2019 2020 2010 2015 2021 Case Studies & Recognitions 2006 2009 2014 2017 2019 2020 2021 2003 Founded Signed Studios Listed on Recognized as a 2017 Achiev
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 Gaming Rockwell Auto
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: Globant X
Globant X is a space where we nurture and cultivate Globant’s homegrown innovation. We are applying Artificial Intelligence to augment the way we code, the way we test, we design, we get collectively smarter, we reinforce our teams’ culture, how we recruit and how we assemble teams. 9
Slide 10: 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 11: Capabilities – IDC MarketScape Worldwide Leader in CX Improvement
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 12: Our global, diverse, and inclusive talent pool
ABOUT GLOBANT Luxembourg i Canada UK Belarus Our global, United States Spain Germany France Romania diverse, and inclusive Mexico India talent pool Colombia Singapore We take pride in our people, and Brazil we’re fully aware that they are our Peru biggest strength. Uruguay That’s why we work hard at
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 Sep-21 Argentina 69 57 49 39 34 30 30 24 Colombia 8 11 15 21 25 27 23 22 India - 9 8 10 12 10 11 15 Along our journey, we Mexico 4 6 7 9 10 11 12 13 have diversified our Chile - 1
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, Data Privacy & Security
ESG Approach Governance Data Privacy & Security ● Board of Directors: Consist of 9 ● Work in progress to comply with members which are elected on a GDPR, CCPA, LGPD and the laws of staggered basis. 1/3 of the directors all geographies where Globant has being elected each year. a presence. ● Annually
Slide 16: We create our own way forward in a sustainable way
We create our own way forward in a sustainable way. We aim to reach 50% women and non-binary gender in management positions by 2025. We want to inspire & train 15,000 women in technology by 2025. Since 2020, we have been using 100% renewable electricity. By the end of 2021, we became carbon neutral,
Slide 17: Financial review
review q iz, i it ? , 3 e “! - 17 Globant >
Slide 18: At a Glance
At a Glance Global Delivery Model 50 offices in 39 cities throughout 18 countries Key Statistics Headcount Distribution (as of Sep’21) $1.15B 26.4% $68k Argentina LTM Q3’21 total 2014 – 2020 LTM Q3’21 Revenue Colombia Revenue Revenue CAGR per IT Professional Other LatAm 39.8% 16.5% 21,800+ India Q3’
Slide 19: Significant Revenue Growth
Significant Revenue Growth Revenue ($M) Average Revenue by Client ($M) Top 10 CAGR: 25.6% CAGR(‘14-’20): 26.4% Top 20 CAGR: 24.0% YoY: 65% 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 10
Slide 20: Revenue Breakdown (Q3'21)
Revenue Breakdown (Q3’21) Geography 2% Currency North America USD LatAm and Others Others Europe Asia Industry Contract type Banks & Financial Ss. 1% Time & Materials 3% Media & Entertainment 1% Fixed Price & Consumer, Retail & Others Manufacturing Professional Services Tech & Telecom Healthcare Tra
Slide 21: 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 $1M+ 46 51 60 82 90 107 129 Ann
Slide 22: Attractive Profitability
Attractive Profitability Adjusted Gross Profit ($M) Adjusted Profit from Adjusted Net Income ($M) Operations ($M) % of revs % of revs % of revs 40.6 40.4 39.1 39.0 39.8 16.1 17.0 15.2 15.3 16.5 11.6 12.2 11.1 11.1 12.3 Note: Adjusted Gross Profit excludes depreciation and amortization and share-base
Slide 23: Our growth strategy
Our growth + Main Strategic Acquisitions strategy ● Navint ● Atix Labs ● Focus on 1002 : 100 accounts ● Walmeric with potential revenues of $100M+ ● Habitant ● Cloudshift ● Studio cross-selling ● Bluecap ● Increasing sales coverage to ● gA ensure better reach ● Belatrix ● Diversification of the tale
Slide 24: Globant Ventures
STARTUP + STUDIOS Globant Ventures ● VU Security ● TheEye ● Avancargo ● Robin Tests ● Drixit Technologies We invest in technology-based Startups, ● Woocar ● UALI making them grow rapidly to transform them into companies that generate a real impact on ● CamOnApp Elsa the world seeking synergies with
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