TIGO
Income statement / Annual
Last year (2024), Millicom International Cellular S.A.'s total revenue was $5.80 B,
an increase of 2.53% from the previous year.
In 2024, Millicom International Cellular S.A.'s net income was $253.00 M.
See Millicom International Cellular S.A.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$5.80 B |
$5.66 B |
$5.62 B |
$4.26 B |
$4.17 B |
$4.34 B |
$3.95 B |
$4.08 B |
$4.11 B |
$6.57 B |
| Cost of Revenue |
$1.42 B
|
$3.46 B
|
$1.51 B
|
$2.79 B
|
$2.86 B
|
$2.80 B
|
$2.42 B
|
$2.50 B
|
$2.06 B
|
$3.07 B
|
| Gross Profit |
$4.38 B
|
$2.20 B
|
$4.12 B
|
$1.48 B
|
$1.32 B
|
$1.54 B
|
$1.53 B
|
$1.58 B
|
$2.04 B
|
$3.50 B
|
| Gross Profit Ratio |
0.76
|
0.39
|
0.73
|
0.35
|
0.32
|
0.35
|
0.39
|
0.39
|
0.5
|
0.53
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$553.00 M
|
$0.00
|
$494.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$525.00 M
|
$0.00
|
$570.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$1.08 B
|
$1.43 B
|
$1.06 B
|
$1.07 B
|
$1.08 B
|
$1.11 B
|
$1.12 B
|
$1.14 B
|
$1.66 B
|
$2.26 B
|
| Other Expenses |
$1.96 B
|
$0.00
|
$2.14 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$359.00 M
|
| Operating Expenses |
$3.04 B
|
$1.43 B
|
$3.20 B
|
$1.07 B
|
$1.08 B
|
$1.11 B
|
$1.12 B
|
$1.14 B
|
$1.66 B
|
$2.62 B
|
| Cost And Expenses |
$4.46 B
|
$4.89 B
|
$4.71 B
|
$3.86 B
|
$3.93 B
|
$3.91 B
|
$3.54 B
|
$3.64 B
|
$3.72 B
|
$5.69 B
|
| Interest Income |
$46.00 M
|
$28.00 M
|
$18.00 M
|
$23.00 M
|
$13.00 M
|
$20.00 M
|
$21.00 M
|
$16.00 M
|
$21.00 M
|
$22.00 M
|
| Interest Expense |
$571.00 M
|
$711.00 M
|
$617.00 M
|
$489.00 M
|
$609.00 M
|
$552.00 M
|
$362.00 M
|
$352.00 M
|
$352.00 M
|
$425.00 M
|
| Depreciation & Amortization |
$1.24 B
|
$1.34 B
|
$1.36 B
|
$1.11 B
|
$1.21 B
|
$1.10 B
|
$802.00 M
|
$841.00 M
|
$876.00 M
|
$1.28 B
|
| EBITDA |
$2.36 B |
$2.19 B |
$2.16 B |
$2.16 B |
$1.38 B |
$1.73 B |
$1.27 B |
$1.31 B |
$1.25 B |
$1.52 B |
| EBITDA Ratio |
0.41
|
0.39
|
0.38
|
0.51
|
0.33
|
0.4
|
0.32
|
0.32
|
0.3
|
0.23
|
| Operating Income Ratio |
0.23
|
0.14
|
0.16
|
0.09
|
0.06
|
0.1
|
0.1
|
0.11
|
0.09
|
0.13
|
| Total Other Income/Expenses Net |
-$790.00 M
|
-$598.00 M
|
-$677.00 M
|
$324.00 M
|
-$511.00 M
|
-$212.00 M
|
-$291.00 M
|
-$260.00 M
|
-$293.00 M
|
-$965.00 M
|
| Income Before Tax |
$552.00 M
|
$175.00 M
|
$238.00 M
|
$728.00 M
|
-$271.00 M
|
$218.00 M
|
$119.00 M
|
$176.00 M
|
$88.00 M
|
-$83.00 M
|
| Income Before Tax Ratio |
0.1
|
0.03
|
0.04
|
0.17
|
-0.06
|
0.05
|
0.03
|
0.04
|
0.02
|
-0.01
|
| Income Tax Expense |
$281.00 M
|
$424.00 M
|
$222.00 M
|
$158.00 M
|
$102.00 M
|
$121.00 M
|
$112.00 M
|
$158.00 M
|
$179.00 M
|
$278.00 M
|
| Net Income |
$253.00 M
|
-$82.00 M
|
$57.00 M
|
$590.00 M
|
-$344.00 M
|
$75.00 M
|
$19.00 M
|
$47.00 M
|
-$45.00 M
|
-$559.00 M
|
| Net Income Ratio |
0.04
|
-0.01
|
0.01
|
0.14
|
-0.08
|
0.02
|
0
|
0.01
|
-0.01
|
-0.09
|
| EPS |
1.48 |
-0.4784 |
0.4099 |
3.6026 |
-2.6694 |
0.5821 |
0.148 |
0.3676 |
-0.3533 |
-4.3807 |
| EPS Diluted |
1.47 |
-0.4784 |
0.4081 |
3.5873 |
-2.6694 |
0.5821 |
0.148 |
0.3676 |
-0.3533 |
-4.3807 |
| Weighted Average Shares Out |
$171.31 M
|
$171.40 M
|
$139.05 M
|
$163.77 M
|
$128.87 M
|
$128.83 M
|
$128.39 M
|
$127.87 M
|
$127.81 M
|
$127.56 M
|
| Weighted Average Shares Out Diluted |
$172.56 M
|
$171.40 M
|
$139.69 M
|
$164.47 M
|
$128.87 M
|
$128.83 M
|
$128.39 M
|
$127.87 M
|
$127.81 M
|
$127.57 M
|
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