• Entity registrant name: Globant S.A. (CIK: 0001557860)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/0001144204-18-020505-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/glob-20171231.xml
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    Component: (Network and Table)
    Network
    1001000 - Statement - CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
    (http://globant.com/role/ConsolidatedStatementsOfProfitOrLossAndOtherComprehensiveIncome)
    Table (Implied)
    Slicers (applies to each fact value in each table cell)
    Reporting Entity [Axis] 0001557860 (http://www.sec.gov/CIK)
    Profit or loss [abstract] Period [Axis]
    2017-01-01 - 2017-12-31
    2016-01-01 - 2016-12-31
    2015-01-01 - 2015-12-31
    Profit or loss [abstract]
     
     
     
    Revenues
    413,439,000 1
    322,856,000 1
    253,796,000 1
    Cost of revenues
    (263,171,000)2,4
    (191,395,000)2,4
    (160,292,000)2,4
    Gross profit
    150,268,000  
     
    131,461,000  
     
    93,504,000  
     
    Selling, general and administrative expenses
    (110,808,000)2,3
    (81,889,000)2,3
    (71,594,000)2,3
    Other operating (expenses) income, net
    (6,294,000)5
    0 5
    1,820,000 5
    Profit from operations
    33,166,000  
     
    49,572,000  
     
    23,730,000  
     
    Gain on transactions with bonds
    0  
    0  
    19,102,000  
    Finance income
    7,956,000  
    16,215,000  
    27,555,000  
    Finance expense
    (11,036,000) 
    (19,227,000) 
    (20,952,000) 
    Finance (expense) income, net
    (3,080,000) 
     
    (3,012,000) 
     
    6,603,000  
     
    Other income and expenses, net
    8,458,000 6
    3,629,000 6
    605,000 6
    Profit before income tax
    38,544,000  
     
    50,189,000  
     
    50,040,000  
     
    Income tax
    (8,081,000) 
    (14,327,000) 
    (18,420,000) 
    Net income for the year
    30,463,000  
     
    35,862,000  
     
    31,620,000  
     
    Other comprehensive income (loss)
     
     
     
    Items that may be reclassified subsequently to profit and loss:
     
     
     
    - Exchange differences on translating foreign operations
    (265,000) 
    1,103,000  
    (1,353,000) 
    - Net fair value (loss) gain on available-for-sale financial assets
    (27,000) 
    (52,000) 
    52,000  
    Total comprehensive income for the year
    30,171,000  
     
    36,913,000  
     
    30,319,000  
     
    Net income attributable to:
     
     
     
    Owners of the Company
    30,539,000  
    35,876,000  
    31,653,000  
    Non-controlling interest
    (76,000) 
    (14,000) 
    (33,000) 
    Total comprehensive income for the year attributable to:
     
     
     
    Owners of the Company
    30,247,000  
    36,927,000  
    30,352,000  
    Non-controlling interest
    (76,000) 
    (14,000) 
    (33,000) 
    Earnings per share
     
     
     
    Basic (in usd per share)
    .87  
    1.04  
    .93  
    Diluted (in usd per share)
    .84  
    1.01  
    .90  
    Weighted average of outstanding shares (in thousands)
     
     
     
    Basic (in shares)
    34,919,000  
    34,402,000  
    33,960,000  
    Diluted (in shares)
    36,094,000  
    35,413,000  
    35,013,000  
    1: Includes transactions with related parties for 5,590, 6,462 and 6,655 for 2017, 2016 and 2015, respectively. See note 21.1.
    2: Includes share-based compensation expense of 5,666, 917 and 735 under cost of revenues; and 8,798, 2,703 and 1,647 under selling, general and administrative expenses for 2017, 2016 and 2015, respectively. See note 5.
    3: Includes depreciation and amortization expense of 11,789, 6,637 and 4,860 for 2017, 2016 and 2015, respectively. See note 5.2.
    4: Includes depreciation and amortization expense of 4,339, 4,281 and 4,441 for 2017, 2016 and 2015, respectively. See note 5.1.
    5: Includes an impairment of tax credits of 1,586 for 2017 (see note 4.11) and a recovery of 1,820 for 2015 related to a reversal of the allowance of impairment of tax credits (see note 3.7.1.1). In 2017 includes an impairment of intangibles assets of 4,708 (note 4.12).
    6: Includes as of December 31, 2017 and 2016 a gain of 6,735 and 418 on remeasurement of the contingent consideration of Clarice, L4, and WAE explained in note 27.10.1 and the gain of 1,727 and 2,981 related to the remeasurement at fair value of the call and put option over non-controlling interest explained in note 27.10.2. In 2016 includes the gain of 225 related to the bargain business combination of Difier S.A. explained in note 23. In 2015 includes a gain of 625 related to valuation at fair value of the 22.7% of share interest held in Dynaflows as explained in note 23.