Below are the financial statements of Globant, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Revenues | 2,415.69a | 2,095.94a |
| Cost of revenues | -1,552.32a | -1,340.18a |
| Gross profit | 863.37a | 755.76a |
| Selling, general and administrative expenses | -633a | -537.08a |
| Net impairment losses on financial assets | -6.97a | -18.81a |
| Other operating expense, net | -2.02a | -0.92a |
| Profit from operations | 225.42a | 198.96a |
| Finance income | 5.3a | 4.78a |
| Finance expense | -32.2a | -23.75a |
| Other financial results, net | 6.06a | 11.34a |
| Financial results, net | -20.84a | -7.63a |
| Share of results of investments in associates | 0.22a | 0.09a |
| Other income & expense in net | 5.62a | 6.6a |
| Profit before income tax | 210.43a | 198.02a |
| Income tax | -41.43a | -39.51a |
| Net income for the year | 169a | 158.51a |
| Net income attributable to | — | — |
| Owners of the company | 165.73a | 158.54a |
| Non-controlling interest | 3.27a | -0.03a |
| Net income for the period | 169a | 158.51a |
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