{
  "docId": "019dd923-622c-750b-8b98-5f0124239c3a",
  "docSlug": "80f82c26a432",
  "documentTitle": "Globant SA (GLOB)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": null,
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-04-04 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 22,
  "pageCount": 40,
  "prevPage": 21,
  "nextPage": 23,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 48,
  "notes": "The slide uses a red box to highlight the restated EPS figure and a callout arrow to link the restated EPS to the reconciliation table.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "data_table",
    "screenshot",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-5f0124239c3a/22",
  "deckHref": "/decks/019dd923-622c-750b-8b98-5f0124239c3a",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-5f0124239c3a.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-5f0124239c3a#slide-22",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.165
      },
      "kind": "callout",
      "text": "The adjusted financials for 4Q16 were revised in the most recently reported quarter (4Q17) Globant shareholders were not privy to the actual $0.04 miss in 4Q16 EPS until 4Q17 was reported",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a609b127-a487-4524-a3cc-0509a8d28f26",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.4,
        "x": 0.03,
        "y": 0.62
      },
      "kind": "chart",
      "text": "LXFT stock performance chart",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f82ef63d-27aa-4201-a74c-fb0981bf3fdd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adjusted EPS: $0.04",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-14d8-75c0-8c86-3092f1191ed6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.03,
        "y": 0.97
      },
      "kind": "source-note",
      "text": "Sources: Bloomberg, Company Filings (3Q16 6K, 4Q16 6K, 4Q17 6K)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0cb78d8f-6a43-4211-8f46-a28543f1ad60",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.45,
        "x": 0.49,
        "y": 0.25
      },
      "kind": "table",
      "text": "Reconciliation from IFRS to adjusted metrics table",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "69c53f54-58f5-40ac-86f7-b9b876579a00",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.4,
        "x": 0.03,
        "y": 0.25
      },
      "kind": "table",
      "text": "4Q16 Adj EPS Guidance, Reported and Restated table",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "97baa671-8747-4566-bf7c-007247c31867",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.6,
        "x": 0.33,
        "y": 0.03
      },
      "kind": "title",
      "text": "4Q16 Adjusted EPS Timeline – Guidance, Reported, And Revised",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "51a29fea-5c12-41d6-ac99-55536ac16224",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "d21ca876-2c23-47a7-906a-dd998fca7586",
      "evidence": "Exposing hidden financial restatements to shareholders",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [
    {
      "to": 23,
      "from": 20,
      "name": "Iceberg",
      "slug": "10-iceberg",
      "bestFor": "Consulting, complex problem solving, organizational change",
      "matchId": "3734af23-7733-43a3-8b5e-d1404dbb92f1",
      "evidence": "The document highlights the inconsistencies in Globant's financials",
      "position": 1,
      "objective": "To reveal the accounting and earnings issues",
      "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
      "confidence": 0.7,
      "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}