Globant SA

NYSE GLOB

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Globant SA Return on Equity (ROE) 1 year YoY Change (%) for the quarter ending March 31, 2024: 11.71%

Globant SA Return on Equity (ROE) 1 year YoY Change (%) is 11.71% for the quarter ending March 31, 2024, a 178.24% change year over year. Return on equity (ROE) measures the profitability of a company relative to its shareholders' equity. It is calculated by dividing the net income by the shareholders' equity. This ratio indicates the return generated for each unit of shareholders' equity invested in the company. A higher ROE suggests better profitability and value creation for shareholders. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Globant SA Return on Equity (ROE) for the quarter ending March 31, 2023 was 2.31%, a -14.97% change year over year.
Globant SA Return on Equity (ROE) for the quarter ending March 31, 2022 was 2.72%, a 14.18% change year over year.
Globant SA Return on Equity (ROE) for the quarter ending March 31, 2021 was 2.38%, a -17.96% change year over year.
Globant SA Return on Equity (ROE) for the quarter ending March 31, 2020 was 2.90%, a -13.38% change year over year.

NYSE: GLOB

Globant SA

CEO	Mr. Martin Migoya
IPO Date	July 18, 2014
Location	Luxembourg
Headquarters	37A Avenue J.F. Kennedy, Luxembourg City, Luxembourg, 1855
Employees	28,900
Sector	Technology
Industry	Information technology services

Description

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further, the company provides e-commerce, conversational interfaces, design, digital marketing, and digital product delivery services. Additionally, it operates Augoor, an AI-powered platform; MagnifAI, an AI-powered solution for software quality assurance; StarMeUp, a science-based AI platform; WaaSabi, a finance platform; Walmeric, a lead-to-revenue management platform; GeneXus, a suit of AI development tools; Navigate for process optimization powerhouse; BeHealthy, a white-label platform; and FluentLab, an AI conversational and engagement solution. The company offers its services to various industries, including media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.

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