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REVENUE | 12 Months Ended
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Dec. 31, 2019
Disclosure of revenue from contracts with customers [Abstract] |
REVENUE | NOTE 5 – REVENUE The following tables present the Company’s revenues disaggregated by type of contracts, by revenue source regarding the industry vertical of the client and by currency. The Company provides technology services to enterprises in a range of industry verticals including media and entertainment, travel and hospitality, professional services, technology and telecommunications, banks, financial services and insurance and consumer, retail and manufacturing, among others. The Company understands that disaggregating revenues into these categories achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenues may be affected by economic factors. However, this information is not considered by the chief operating decision-maker to allocate resources and in assessing financial performance of the Company. As noted in the business segment reporting information in note 26, the Company operates in a single operating and reportable segment.
|  | For the year ended December 31,
By Industry vertical |  | 2019 |  | 2018 |  | 2017
Media and Entertainment |  | 156,292 |  |  | 133,093 |  |  | 99,640 |
Travel & Hospitality |  | 92,773 |  |  | 89,212 |  |  | 68,400 |
Banks, Financial Services and Insurance |  | 143,788 |  |  | 114,439 |  |  | 94,994 |
Technology & Telecommunications |  | 88,183 |  |  | 67,310 |  |  | 60,648 |
Professional Services |  | 73,282 |  |  | 52,318 |  |  | 40,660 |
Consumer, Retail & Manufacturing |  | 85,698 |  |  | 54,087 |  |  | 36,025 |
Other Verticals |  | 19,309 |  |  | 11,851 |  |  | 13,072 |
TOTAL |  | 659,325 |  |  | 522,310 |  |  | 413,439 |
|  | For the year ended December 31,
By Currency |  | 2019 |  | 2018 |  | 2017
United States dollar (USD) |  | 563,747 |  |  | 447,314 |  |  | 354,824 |
European euro (EUR) |  | 28,237 |  |  | 30,087 |  |  | 23,518 |
Pound sterling (GBP) |  | 3,012 |  |  | 6,550 |  |  | 4,107 |
Argentine peso (ARS) |  | 26,948 |  |  | 20,651 |  |  | 12,856 |
Mexican peso (MXN) |  | 19,939 |  |  | 11,711 |  |  | 6,942 |
Colombian peso (COP) |  | 6,831 |  |  | 4,068 |  |  | 2,341 |
Brazilian real (BRL) |  | 8,030 |  |  | 46 |  |  | 126 |
Others |  | 2,581 |  |  | 1,883 |  |  | 8,725 |
TOTAL |  | 659,325 |  |  | 522,310 |  |  | 413,439 |
|  | For the year ended December 31,
By Contract Type |  | 2019 |  | 2018 |  | 2017
Time and material contracts |  | 544,131 |  |  | 431,295 |  |  | 376,718 |
Fixed-price contracts |  | 106,386 |  |  | 90,980 |  |  | 36,687 |
Subscription resales |  | 8,525 |  |  | — |  |  | — |
Others |  | 283 |  |  | 35 |  |  | 34 |
TOTAL |  | 659,325 |  |  | 522,310 |  |  | 413,439 |

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- Definition The entire disclosure for revenue from contracts with customers. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2019-01-01 -Section Presentation -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IFRS15_g105-109_TI -URIDate 2019-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IFRS15_g110-129_TI -URIDate 2019-03-27 + Details
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