Globant Historical Income Statement

GLOB Stock  USD 229.55  1.38  0.60%   
Historical analysis of Globant SA income statement accounts such as Selling General Administrative of 398.4 M or Selling And Marketing Expenses of 27.6 M can show how well Globant SA performed in making a profits. Evaluating Globant SA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Globant SA's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Globant SA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Globant SA is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.

About Globant Income Statement Analysis

Globant SA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Globant SA shareholders. The income statement also shows Globant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Globant SA Income Statement Chart

At present, Globant SA's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 398.4 M, whereas Interest Expense is forecasted to decline to about 13.5 M.

Total Revenue

Total revenue comprises all receipts Globant SA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Globant SA minus its cost of goods sold. It is profit before Globant SA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Globant SA income statement and represents the costs associated with goods and services Globant SA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Globant SA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Globant SA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.At present, Globant SA's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 398.4 M, whereas Interest Expense is forecasted to decline to about 13.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense12.7M16.6M20.1M13.5M
Depreciation And Amortization80.3M107.9M139.9M146.9M

Globant SA income statement Correlations

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Globant SA Account Relationship Matchups

Globant SA income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization38.8M48.5M80.3M107.9M139.9M146.9M
Interest Expense26.8M10.4M12.7M16.6M20.1M13.5M
Selling General Administrative122.7M158.3M253.3M327.1M379.5M398.4M
Selling And Marketing Expenses2.1M3.5M10.3M27.0M26.3M27.6M
Total Revenue659.3M814.1M1.3B1.8B2.1B2.2B
Gross Profit254.2M304.3M495.0M669.4M755.8M793.5M
Other Operating Expenses578.4M727.1M1.1B1.6B1.9B2.0B
Operating Income57.2M41.6M64.8M107.9M199.0M208.9M
Ebit57.2M87.0M137.8M209.3M221.7M232.8M
Ebitda96.1M135.4M218.1M317.3M361.5M379.6M
Cost Of Revenue405.2M509.8M802.1M1.1B1.3B1.4B
Total Operating Expenses173.2M217.3M343.0M456.3M556.8M584.6M
Income Before Tax69.0M76.5M124.9M192.9M198.0M207.9M
Total Other Income Expense Net11.8M(7.4M)(19.6M)(13.8M)(943K)(895.9K)
Net Income54.0M54.2M96.1M148.9M158.5M166.5M
Income Tax Expense15.0M22.3M28.5M43.4M39.5M41.5M
Net Income From Continuing Ops54.0M54.2M96.4M149.5M158.5M166.4M
Net Income Applicable To Common Shares54.0M54.2M96.1M148.9M171.2M179.8M
Tax Provision15.0M22.3M28.5M43.4M39.5M25.1M
Interest Income958K1.9M652K2.8M4.9M5.1M
Net Interest Income(5.7M)(4.9M)(16.0M)(13.5M)(9.8M)(10.3M)
Reconciled Depreciation38.8M48.5M80.3M107.9M139.9M71.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globant SA. If investors know Globant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Earnings Share
3.83
Revenue Per Share
53.121
Quarterly Revenue Growth
0.181
Return On Assets
0.0609
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globant SA's market value can be influenced by many factors that don't directly affect Globant SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.