Globant Gross Profit from 2010 to 2024

GLOB Stock  USD 229.55  1.38  0.60%   
Globant SA's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 793.5 M this year. Gross Profit is the profit Globant SA makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2012-03-31
Previous Quarter
184.1 M
Current Value
222.3 M
Quarterly Volatility
66.2 M
 
Yuan Drop
 
Covid
Check Globant SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globant SA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 146.9 M, Interest Expense of 13.5 M or Selling General Administrative of 398.4 M, as well as many indicators such as Price To Sales Ratio of 3.88, Dividend Yield of 8.0E-4 or PTB Ratio of 5.53. Globant financial statements analysis is a perfect complement when working with Globant SA Valuation or Volatility modules.
  
Check out the analysis of Globant SA Correlation against competitors.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.

Latest Globant SA's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Globant SA over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Globant SA's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globant SA's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 673.51 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Globant Gross Profit Regression Statistics

Arithmetic Mean274,001,670
Geometric Mean164,263,720
Coefficient Of Variation98.99
Mean Deviation219,734,893
Median150,855,000
Standard Deviation271,238,125
Sample Variance73570.1T
Range757.1M
R-Value0.91
Mean Square Error12897.8T
R-Squared0.84
Slope55,494,873
Total Sum of Squares1029981.7T

Globant Gross Profit History

2024793.5 M
2023755.8 M
2022669.4 M
2021495 M
2020304.3 M
2019254.2 M
2018203.8 M

Other Fundumenentals of Globant SA

Globant SA Gross Profit component correlations

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Click cells to compare fundamentals

About Globant SA Financial Statements

Globant SA stakeholders use historical fundamental indicators, such as Globant SA's Gross Profit, to determine how well the company is positioned to perform in the future. Although Globant SA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globant SA's assets and liabilities are reflected in the revenues and expenses on Globant SA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globant SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit755.8 M793.5 M
Gross Profit Margin 0.36  0.42 

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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 the analysis of Globant SA Correlation against competitors.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.