Globant (GLOB) Change in Taxes (2016 - 2021)
Globant's (GLOB) quarterly Change in Taxes came in at -$8.1 million in Q1 2021, down 103.93% year-on-year from $206.2 million in Q1 2020, and down 103.93% quarter-over-quarter from -$4.0 million in Q1 2020.
Globant (GLOB) Change in Taxes (2016 - 2021) Analysis & Trends
Globant's Change in Taxes history runs 6 years deep, the most recent figure standing at -$8.1 million for Q1 2021.
- On a quarterly basis, Change in Taxes fell 103.93% year-over-year to -$8.1 million in Q1 2021; TTM through Mar 2021 was -$21.0 million, a 50.61% decrease from a year earlier, with the FY2016 full-year figure at -$8.2 million, up 22.26% from the prior year.
- Change in Taxes retreated to -$8.1 million in Q1 2021 per GLOB's latest filing, from -$4.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at -$1.0 million in Q1 2018 and bottomed at -$8.1 million in Q1 2021.
- The 5-year median for Change in Taxes is -$4.0 million (2020), against an average of -$4.1 million.
- Across the five-year window, Change in Taxes surged 55.17% in 2018 and tumbled 122.21% in 2019, its largest moves.
- Year by year, Change in Taxes stood at -$4.4 million in 2017, then sank by 51.29% to -$6.6 million in 2018, then surged by 65.13% to -$2.3 million in 2019, then sank by 71.87% to -$4.0 million in 2020, then plunged by 103.93% to -$8.1 million in 2021.
- Per Business Quant, the three latest GLOB Change in Taxes figures stand at -$8.1 million (Q1 2021), -$4.0 million (Q1 2020), and -$2.3 million (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | - |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | -146.03 Mn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | - |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | - |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | - |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | - |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | -63.15 Mn |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | - |
| 10 | Globant | 1.45 Bn | 1.20 Bn | 213.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -8.10 Mn |
| Mar 31, 2021 | -8.10 Mn |
| Mar 31, 2020 | -3.97 Mn |
| Mar 31, 2020 | -3.97 Mn |
| Mar 31, 2019 | -2.31 Mn |
| Mar 31, 2019 | -2.31 Mn |
| Jun 30, 2018 | -6.63 Mn |
| Jun 30, 2018 | -6.63 Mn |
| Mar 31, 2018 | -1.04 Mn |
| Mar 31, 2018 | -1.04 Mn |
| Jun 30, 2017 | -4.38 Mn |
| Jun 30, 2017 | -4.38 Mn |
| Mar 31, 2017 | -2.32 Mn |
| Mar 31, 2017 | -2.32 Mn |
| Jun 30, 2016 | -7.15 Mn |
| Jun 30, 2016 | -7.15 Mn |