GLOB
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 56.13 | 63.97 | 47.37 | 133.66 |
| Price to Sales | 3.85 | 4.84 | 3.96 | 9.91 |
| Book Value Per Common Share | 44.61 | 40.14 | 35.67 | 31.28 |
| Price to Book | 4.81 | 5.93 | 4.71 | 10.04 |
| Price to Operating Cash Flow | 37.42 | 31.83 | 35.70 | 71.85 |
| Price to Free Cash Flow | 68.88 | 52.88 | 69.06 | 126.89 |
| Enterprise Value to EBITDA | 234951.94 | 286453.73 | 225758.30 | 607924.60 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 77.54 | -1816.80 | 168.17 | 243.66 | 198.14 |
| Price to Sales | 4.14 | 6.55 | 8.49 | 14.64 | 14.00 |
| Book Value Per Common Share | 48.85 | 47.86 | 46.55 | 44.61 | 42.92 |
| Price to Book | 1.17 | 1.90 | 2.53 | 4.81 | 4.62 |
| Price to Operating Cash Flow | 27.73 | 183.92 | 330.49 | 63.53 | 95.02 |
| Price to Free Cash Flow | 37.84 | -1408.37 | -907.63 | 100.72 | 123.38 |
| Enterprise Value to EBITDA | 436968.20 | 6185160.73 | 1066799.00 | 1727342.74 | 1364571.47 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 2.69 | 4.79 | 51.06 | |
| Revenue YoY | 15.26 | 17.73 | 37.25 | |
| EBITDA YoY | 12.25 | 13.69 | 46.02 | |
| Net Profit YoY | 4.54 | 6.48 | 54.99 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -20.45 | -12.00 | |||
| Revenue YoY | 0.48 | 0.51 | -4.89 | 4.53 | |
| EBITDA YoY | 798.22 | -86.62 | -11.05 | -14.51 | |
| Net Profit YoY | -15.46 | -20.43 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 3.65 | 7.68 | 8.20 | 11.28 |
| Quick Ratio | 1.49 | 1.33 | 1.94 | 2.09 |
| Current Ratio | 1.54 | 1.39 | 2.00 | 2.12 |
| Debt to Equity | 0.56 | 0.52 | 0.41 | 0.44 |
| Long-Term Debt to Equity | 0.29 | 0.15 | 0.14 | 0.15 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 3.91 | 4.16 | 2.90 | 3.61 | 5.00 |
| Quick Ratio | 1.85 | 1.65 | 1.49 | 1.49 | 1.33 |
| Current Ratio | 1.93 | 1.71 | 1.56 | 1.54 | 1.36 |
| Debt to Equity | 0.49 | 0.55 | 0.53 | 0.56 | 0.48 |
| Long-Term Debt to Equity | 0.27 | 0.30 | 0.26 | 0.29 | 0.13 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 5.23 | 5.81 | 6.78 | 5.10 |
| ROE | 8.15 | 8.83 | 9.57 | 7.34 |
| Gross Margin | 35.74 | 36.06 | 37.60 | 38.16 |
| Operating Margin | 9.90 | 10.41 | 11.62 | 10.43 |
| EBITDA Margin | 16.63 | 17.08 | 17.69 | 16.62 |
| Net Profit Margin | 6.86 | 7.56 | 8.36 | 7.41 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 1.02 | -0.07 | 0.95 | 1.14 | 1.57 |
| ROE | 1.52 | -0.11 | 1.44 | 1.78 | 2.33 |
| Gross Margin | 34.80 | 35.44 | 34.89 | 35.69 | 36.16 |
| Operating Margin | 9.47 | 1.06 | 7.96 | 8.51 | 10.40 |
| EBITDA Margin | 9.47 | 1.06 | 7.96 | 8.51 | 10.40 |
| Net Profit Margin | 5.54 | -0.39 | 5.01 | 5.64 | 7.41 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 3,166,845.00 | 2,726,866.00 | 2,195,789.00 | 1,884,531.00 |
| Current Assets | 838,546.00 | 924,533.00 | 857,613.00 | 819,600.00 |
| Cash and Short-Term Investments | 158,239.00 | 327,263.00 | 343,730.00 | 461,684.00 |
| Cash and Cash Equivalents | 142,093.00 | 307,223.00 | 292,457.00 | 427,804.00 |
| Short-Term Investments | 16,146.00 | 20,040.00 | 51,273.00 | 33,880.00 |
| Net Receivables | 651,578.00 | 556,794.00 | 488,533.00 | 343,924.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 28,729.00 | 40,476.00 | 25,350.00 | 13,992.00 |
| Non-Current Assets | 2,328,299.00 | 1,802,333.00 | 1,338,176.00 | 1,064,931.00 |
| Property, Plant, Equipment Net | 277,639.00 | 282,136.00 | 309,044.00 | 277,954.00 |
| Goodwill | 1,590,338.00 | 1,105,073.00 | 734,952.00 | 567,451.00 |
| Intangible Assets | 288,714.00 | 285,661.00 | 182,572.00 | 102,016.00 |
| Long-Term Investments | 45,219.00 | 37,753.00 | 34,567.00 | 25,726.00 |
| Non-Current Deferred Assets | 80,811.00 | 60,777.00 | 41,982.00 | 58,404.00 |
| Other Non-Current Assets | 45,578.00 | 30,933.00 | 35,059.00 | 33,380.00 |
| Liabilities | 1,133,496.00 | 931,185.00 | 639,629.00 | 576,218.00 |
| Current Liabilities | 542,894.00 | 665,318.00 | 428,589.00 | 386,299.00 |
| Payables and Expenses | 214,077.00 | 212,845.00 | 175,543.00 | 132,109.00 |
| Account Payables | 55,735.00 | 48,481.00 | 35,754.00 | 22,166.00 |
| Current Accrued Liabilities | 71,707.00 | 78,085.00 | 67,343.00 | 46,142.00 |
| Short-Term Debt | 31,337.00 | 204,768.00 | 40,519.00 | 36,222.00 |
| Other Current Liabilities | 297,480.00 | 247,705.00 | 212,527.00 | 217,968.00 |
| Non-Current Liabilities | 590,602.00 | 265,867.00 | 211,040.00 | 189,919.00 |
| Long-Term Debt | 378,822.00 | 73,075.00 | 98,318.00 | 110,503.00 |
| Other Non-Current Liabilities | 211,780.00 | 192,792.00 | 112,722.00 | 79,416.00 |
| Equity | 2,033,349.00 | 1,795,681.00 | 1,556,160.00 | 1,308,313.00 |
| Shareholders Equity | 1,963,931.00 | 1,729,664.00 | 1,507,553.00 | 1,305,375.00 |
| Capital Stock | 52,837.00 | 51,705.00 | 50,724.00 | 50,080.00 |
| Share Premium | 1,193,029.00 | 1,022,918.00 | 950,520.00 | 872,030.00 |
| Retained Earnings | 862,821.00 | 697,089.00 | 538,551.00 | 389,660.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -144,756.00 | -42,048.00 | -32,242.00 | -6,395.00 |
| Minority Interest | 69,418.00 | 66,017.00 | 48,607.00 | 2,938.00 |
| Debt | 410,159.00 | 277,843.00 | 138,837.00 | 146,725.00 |
| Net Debt | 150,443.00 | 0 | 0 | 0 |
| Common Shares Outstanding | 44,029.32 | 43,086.28 | 42,269.66 | 41,733.20 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 2,415,689.00 | 2,095,939.00 | 1,780,243.00 | 1,297,078.00 |
| Cost Of Revenue | 1,552,322.00 | 1,340,178.00 | 1,110,848.00 | 802,090.00 |
| Interest Income | 5,303.00 | 4,777.00 | 2,832.00 | 652.00 |
| Interest Expense | 28,658.00 | 20,072.00 | 14,035.00 | 10,480.00 |
| Non-Interest Expense | 480,399.00 | 405,788.00 | 354,094.00 | 263,580.00 |
| Gross Profit | 863,367.00 | 755,761.00 | 669,395.00 | 494,988.00 |
| Operating Expenses | 630,979.00 | 537,991.00 | 456,324.00 | 343,004.00 |
| Selling, General and Administrative Expenses | 480,399.00 | 405,788.00 | 354,094.00 | 263,580.00 |
| Other Operating Expenses | -2,016.00 | 916.00 | 0 | 0 |
| Operating Income | 232,388.00 | 217,770.00 | 213,071.00 | 151,984.00 |
| Net Non-Operating Income | 2,364.00 | 194.00 | 1,287.00 | 446.00 |
| EBT | 210,429.00 | 198,019.00 | 192,884.00 | 124,852.00 |
| Income Tax | 41,426.00 | 39,511.00 | 43,405.00 | 28,497.00 |
| Net Income Including Non-Controlling Interests | 169,003.00 | 158,508.00 | 149,479.00 | 96,355.00 |
| Net Income Non-Controlling Interests | -3,271.00 | 30.00 | -588.00 | -290.00 |
| Net Income | 165,732.00 | 158,538.00 | 148,891.00 | 96,065.00 |
| EBIT | 239,087.00 | 218,091.00 | 206,919.00 | 135,332.00 |
| Deprecation and Amortization | 162,731.00 | 139,861.00 | 107,933.00 | 80,286.00 |
| EBITDA | 401,818.00 | 357,952.00 | 314,852.00 | 215,618.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 43,402.00 | 42,601.00 | 41,929.00 | 40,940.00 |
| Average Shares Outstanding Diluted | 44,589.00 | 43,594.00 | 42,855.00 | 42,076.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 248,727.00 | 318,524.00 | 197,524.00 | 178,974.00 |
| Operating Net Income | 169,003.00 | 158,508.00 | 149,479.00 | 96,355.00 |
| Deprecation and Amortization | 162,731.00 | 139,861.00 | 107,933.00 | 80,286.00 |
| Deferred Income Tax | 41,426.00 | 39,511.00 | 43,405.00 | 28,497.00 |
| Share Based Compensation | 81,796.00 | 72,941.00 | 60,251.00 | 37,031.00 |
| Change in Working Capital | -150,666.00 | -57,972.00 | -125,491.00 | -41,484.00 |
| Other Operating Activities | -55,563.00 | -34,325.00 | -38,053.00 | -21,711.00 |
| Investing Cash Flow | -403,904.00 | -350,361.00 | -269,304.00 | -272,880.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -27,733.00 | -45,110.00 | -47,063.00 | -41,517.00 |
| Net Purchase/Sale of Investments Net | 10,787.00 | 44,071.00 | -24,763.00 | -31,181.00 |
| Net Purchase/Sale of Business | -301,069.00 | -267,631.00 | -149,111.00 | -165,314.00 |
| Other Investing Activities | -85,889.00 | -81,691.00 | -48,367.00 | -34,868.00 |
| Financing Cash Flow | -5,810.00 | 44,530.00 | -65,680.00 | 243,986.00 |
| Net Issuance/Repayment of Debt | 56,695.00 | 85,324.00 | -38,833.00 | -37,670.00 |
| Net Issuance/Repurchase of Equity | -10,675.00 | -11,523.00 | -9,316.00 | 278,951.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -51,830.00 | -29,271.00 | -17,531.00 | 2,705.00 |
| Net Change in Cash | -160,987.00 | 12,693.00 | -137,460.00 | 150,080.00 |
| Cash at Beginning of Period | 307,223.00 | 292,457.00 | 427,804.00 | 278,939.00 |
| Cash at End of Period | 142,093.00 | 307,223.00 | 292,457.00 | 427,804.00 |
| Free Cash Flow | 135,105.00 | 191,723.00 | 102,094.00 | 101,340.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 3,346,186.00 | 3,397,250.00 | 3,241,013.00 | 3,166,845.00 | 2,899,044.00 |
| Current Assets | 951,393.00 | 950,204.00 | 875,550.00 | 838,546.00 | 933,333.00 |
| Cash and Short-Term Investments | 174,134.00 | 184,132.00 | 127,582.00 | 158,239.00 | 217,251.00 |
| Cash and Cash Equivalents | 154,906.00 | 167,431.00 | 114,004.00 | 142,093.00 | 199,031.00 |
| Short-Term Investments | 19,228.00 | 16,701.00 | 13,578.00 | 16,146.00 | 18,220.00 |
| Net Receivables | 737,021.00 | 733,973.00 | 706,239.00 | 651,578.00 | 692,049.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 40,238.00 | 32,099.00 | 41,729.00 | 28,729.00 | 24,033.00 |
| Non-Current Assets | 2,394,793.00 | 2,447,046.00 | 2,365,463.00 | 2,328,299.00 | 1,965,711.00 |
| Property, Plant, Equipment Net | 241,525.00 | 252,886.00 | 268,338.00 | 277,639.00 | 276,599.00 |
| Goodwill | 1,605,430.00 | 1,650,680.00 | 1,579,866.00 | 1,590,338.00 | 1,259,622.00 |
| Intangible Assets | 365,469.00 | 358,803.00 | 346,485.00 | 288,714.00 | 286,161.00 |
| Long-Term Investments | 47,316.00 | 45,292.00 | 47,891.00 | 45,219.00 | 40,809.00 |
| Non-Current Deferred Assets | 88,272.00 | 84,534.00 | 83,966.00 | 80,811.00 | 67,528.00 |
| Other Non-Current Assets | 46,781.00 | 54,851.00 | 38,917.00 | 45,578.00 | 34,992.00 |
| Liabilities | 1,102,089.00 | 1,207,968.00 | 1,118,922.00 | 1,133,496.00 | 944,986.00 |
| Current Liabilities | 492,044.00 | 554,884.00 | 559,797.00 | 542,894.00 | 686,262.00 |
| Payables and Expenses | 354,968.00 | 361,964.00 | 370,967.00 | 214,077.00 | 364,296.00 |
| Account Payables | 112,170.00 | 113,271.00 | 104,854.00 | 55,735.00 | 102,202.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 71,707.00 | 0 |
| Short-Term Debt | 45,598.00 | 46,142.00 | 28,867.00 | 31,337.00 | 216,028.00 |
| Other Current Liabilities | 91,478.00 | 146,778.00 | 159,963.00 | 297,480.00 | 105,938.00 |
| Non-Current Liabilities | 610,045.00 | 653,084.00 | 559,125.00 | 590,602.00 | 258,724.00 |
| Long-Term Debt | 428,520.00 | 490,512.00 | 373,243.00 | 378,822.00 | 91,641.00 |
| Other Non-Current Liabilities | 181,525.00 | 162,572.00 | 185,882.00 | 211,780.00 | 167,083.00 |
| Equity | 2,244,097.00 | 2,189,282.00 | 2,122,091.00 | 2,033,349.00 | 1,954,058.00 |
| Shareholders Equity | 2,173,951.00 | 2,120,117.00 | 2,050,655.00 | 1,963,931.00 | 1,889,902.00 |
| Capital Stock | 53,447.00 | 53,408.00 | 52,914.00 | 52,837.00 | 52,286.00 |
| Share Premium | 1,262,874.00 | 1,239,070.00 | 1,211,952.00 | 1,193,029.00 | 1,087,711.00 |
| Retained Earnings | 924,175.00 | 891,073.00 | 893,456.00 | 862,821.00 | 824,413.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -66,545.00 | -63,434.00 | -107,667.00 | -144,756.00 | -74,508.00 |
| Minority Interest | 70,146.00 | 69,165.00 | 71,436.00 | 69,418.00 | 64,156.00 |
| Debt | 474,118.00 | 536,654.00 | 402,110.00 | 410,159.00 | 307,669.00 |
| Net Debt | 217,372.00 | 261,858.00 | 173,157.00 | 150,443.00 | 0 |
| Common Shares Outstanding | 0 | 0 | 44,053.71 | 44,029.32 | 44,029.32 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 617,143.00 | 614,180.00 | 611,085.00 | 642,483.00 | 614,667.00 |
| Cost Of Revenue | 402,384.00 | 396,539.00 | 397,855.00 | 413,161.00 | 392,392.00 |
| Interest Income | 1,452.00 | 978.00 | 945.00 | 1,427.00 | 1,349.00 |
| Interest Expense | 10,006.00 | 10,972.00 | 9,627.00 | 8,122.00 | 7,034.00 |
| Non-Interest Expense | 151,667.00 | 159,543.00 | 161,695.00 | 19,522.00 | 154,178.00 |
| Gross Profit | 214,759.00 | 217,641.00 | 213,230.00 | 229,322.00 | 222,275.00 |
| Operating Expenses | 156,077.00 | 207,123.00 | 161,695.00 | 172,840.00 | 153,401.00 |
| Selling, General and Administrative Expenses | 151,667.00 | 159,543.00 | 161,695.00 | 19,522.00 | 154,178.00 |
| Other Operating Expenses | 4,410.00 | 47,580.00 | 0 | 722.00 | -777.00 |
| Operating Income | 58,682.00 | 10,518.00 | 51,535.00 | 56,482.00 | 68,874.00 |
| Net Non-Operating Income | -1,294.00 | -114.00 | -3,271.00 | -3,778.00 | -4,464.00 |
| EBT | 48,432.00 | -4,466.00 | 38,986.00 | 46,533.00 | 56,898.00 |
| Income Tax | 14,244.00 | -742.00 | 8,491.00 | 7,025.00 | 11,357.00 |
| Net Income Including Non-Controlling Interests | 34,188.00 | -3,724.00 | 30,495.00 | 39,508.00 | 45,541.00 |
| Net Income Non-Controlling Interests | 0 | 1,341.00 | 140.00 | 0 | 0 |
| Net Income | 34,188.00 | -2,383.00 | 30,635.00 | 36,237.00 | 45,541.00 |
| EBIT | 58,438.00 | 6,506.00 | 48,613.00 | 54,655.00 | 63,932.00 |
| EBITDA | 58,438.00 | 6,506.00 | 48,613.00 | 54,655.00 | 63,932.00 |
| EPS | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 44,502.00 | 44,298.00 | 44,057.00 | 43,859.00 | 43,419.00 |
| Average Shares Outstanding Diluted | 45,589.00 | 44,298.00 | 45,182.00 | 45,046.00 | 44,442.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 92,091.00 | 21,878.00 | 15,691.00 | 148,023.00 | 90,537.00 |
| Operating Net Income | 34,188.00 | -3,724.00 | 30,495.00 | 83,437.00 | 45,541.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | -22,898.00 | -32,281.00 | -88,429.00 | -47,197.00 | -31,823.00 |
| Other Operating Activities | 80,801.00 | 57,883.00 | 73,625.00 | 111,783.00 | 76,819.00 |
| Investing Cash Flow | -27,236.00 | -68,763.00 | -26,489.00 | -253,652.00 | -89,596.00 |
| Capital Expenditure | -24,613.00 | -24,735.00 | -21,405.00 | 0 | -20,810.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -2,623.00 | -44,028.00 | -5,084.00 | 0 | -68,786.00 |
| Financing Cash Flow | -73,287.00 | 103,757.00 | -16,980.00 | -29,340.00 | 41,044.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -73,287.00 | 103,757.00 | -16,980.00 | -29,340.00 | 41,044.00 |
| Net Change in Cash | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning of Period | 0 | 0 | 0 | 0 | 0 |
| Cash at End of Period | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 67,478.00 | -2,857.00 | -5,714.00 | 93,366.00 | 69,727.00 |