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Globant Reports 2020 Fourth Quarter and Full Year Financial Results
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Strong Execution and Improved Market Conditions Set up 2021 and Beyond
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Investegate |Rio Tinto Announcements | Rio Tinto: Final Results
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· Despite challenging conditions resulting from the pandemic, revenue was stable at £17.4m (constant exchange rates ( CER ) +1%): o Enterprise revenue increased by 6% (CER +7%) to £6.4 million (H1 FY 2020: £6.0 million) o Mobile revenue in line with prior period (CER +2%) at £5.8 million (H1 FY 2020: £5.8 million) o IT Asset Disposition ( ITAD ) revenue decreased by 7% (CER -7%) to £5.2 million (H1 FY 2020: £5.6 million) o The second quarter of FY21 was Blancco s highest revenue generating quarter in its history · Net cash balance of £8.2m (31 December 2019: £5.4m) · Adjusted Operating Cash Flow at 102% (H1 FY 2020: 53%) of Adjusted EBITDA following strong cash generation in the period · Strong growth in APAC which appears to be further progressed in its COVID-19 pandemic recovery: