See more : TTW Public Company Limited (TTW.BK) Income Statement Analysis – Financial Results
Complete financial analysis of Millicom International Cellular S.A. (TIGO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Millicom International Cellular S.A., a leading company in the Telecommunications Services industry within the Communication Services sector.
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Millicom International Cellular S.A. (TIGO)
Industry: Telecommunications Services
Sector: Communication Services
Website: https://www.millicom.com
About Millicom International Cellular S.A.
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.66B | 5.62B | 4.62B | 4.17B | 4.34B | 4.08B | 4.13B | 4.37B | 6.73B | 6.39B | 5.16B | 4.81B | 4.53B | 3.92B | 3.37B | 3.41B | 2.63B | 1.58B | 1.08B | 921.47M | 647.10M | 605.19M | 644.57M | 570.84M | 552.40M | 447.90M | 347.40M | 215.60M | 131.40M | 81.40M | 61.30M |
| Cost of Revenue | 3.46B | 1.51B | 1.30B | 1.17B | 1.20B | 1.15B | 1.22B | 1.28B | 1.85B | 2.52B | 2.04B | 1.74B | 1.01B | 806.23M | 715.83M | 1.26B | 980.06M | 616.74M | 356.06M | 388.33M | 258.00M | 164.71M | 185.25M | 158.03M | 197.36M | 159.30M | 130.00M | 85.00M | 52.90M | 34.50M | 25.90M |
| Gross Profit | 2.20B | 4.12B | 3.32B | 3.00B | 3.14B | 2.93B | 2.92B | 3.10B | 4.88B | 3.86B | 3.12B | 3.08B | 3.52B | 3.11B | 2.66B | 2.16B | 1.65B | 959.36M | 727.61M | 533.13M | 389.10M | 440.48M | 459.32M | 412.81M | 355.04M | 288.60M | 217.40M | 130.60M | 78.50M | 46.90M | 35.40M |
| Gross Profit Ratio | 38.90% | 73.22% | 71.80% | 71.93% | 72.30% | 71.88% | 70.53% | 70.76% | 72.45% | 60.51% | 60.44% | 63.92% | 77.79% | 79.43% | 78.78% | 63.22% | 62.74% | 60.87% | 67.14% | 57.86% | 60.13% | 72.78% | 71.26% | 72.32% | 64.27% | 64.43% | 62.58% | 60.58% | 59.74% | 57.62% | 57.75% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 193.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 614.00M | 494.00M | 503.00M | 478.00M | 497.00M | 669.00M | 577.00M | 618.00M | 847.00M | 1.43B | 1.10B | 956.00M | 746.00M | 645.25M | 530.01M | 1.23B | 987.63M | 530.21M | 299.76M | 250.11M | 196.02M | 190.53M | 200.07M | 183.68M | 246.06M | 160.90M | 122.60M | 69.30M | 61.40M | 38.10M | 18.40M |
| Selling & Marketing | 536.00M | 570.00M | 495.00M | 396.00M | 402.00M | 404.00M | 469.00M | 528.00M | 833.00M | 1.28B | 1.08B | 914.00M | 817.00M | 737.69M | 647.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.43B | 1.06B | 998.00M | 874.00M | 899.00M | 1.07B | 1.05B | 1.15B | 1.68B | 2.71B | 2.18B | 1.87B | 1.56B | 1.38B | 1.18B | 1.23B | 987.63M | 530.21M | 299.76M | 250.11M | 196.02M | 190.53M | 200.07M | 183.68M | 246.06M | 160.90M | 122.60M | 69.30M | 61.40M | 38.10M | 18.40M |
| Other Expenses | 0.00 | 2.17B | 1.87B | 1.85B | 1.81B | 76.00M | 78.00M | -8.00M | -15.00M | 12.00M | -1.00M | 2.00M | -14.00M | -31.52M | 138.00K | -117.03M | 10.17M | 10.95M | -23.29M | -39.08M | 182.77M | -170.43M | -44.85M | 484.44M | 102.92M | 27.00M | 48.20M | -38.80M | -20.80M | 21.40M | 42.00M |
| Operating Expenses | 1.43B | 3.24B | 2.87B | 2.73B | 2.70B | 2.50B | 2.48B | 2.73B | 4.09B | 2.94B | 2.34B | 1.97B | 2.27B | 2.06B | 1.80B | 1.29B | 987.63M | 518.07M | 369.58M | 284.25M | 228.80M | 431.75M | 401.58M | 432.49M | 348.97M | 240.90M | 170.80M | 97.20M | 80.00M | 47.50M | 26.10M |
| Cost & Expenses | 4.84B | 4.74B | 4.17B | 3.90B | 3.91B | 3.65B | 3.70B | 4.01B | 5.94B | 5.46B | 4.38B | 3.71B | 3.27B | 2.86B | 2.51B | 2.55B | 1.97B | 1.13B | 725.64M | 672.58M | 486.80M | 596.46M | 586.83M | 590.53M | 546.33M | 400.20M | 300.80M | 182.20M | 132.90M | 82.00M | 52.00M |
| Interest Income | 28.00M | 18.00M | 23.00M | 13.00M | 20.00M | 21.00M | 16.00M | 22.00M | 22.00M | 22.00M | 23.00M | 14.00M | 15.00M | 1.07B | 11.57M | 32.28M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 711.00M | 558.00M | 476.00M | 542.00M | 505.00M | 326.00M | 316.00M | 394.00M | 442.00M | 426.00M | 276.00M | 220.00M | 187.00M | 214.81M | 173.48M | 135.93M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.34B | 1.34B | 1.11B | 1.21B | 1.10B | 802.00M | 841.00M | 876.00M | 1.32B | 1.16B | 875.00M | 811.00M | 739.00M | 676.99M | 611.44M | 515.91M | 354.94M | 257.76M | 218.59M | 170.99M | 128.57M | 139.32M | 154.19M | 143.33M | 102.92M | 80.00M | 48.20M | 27.90M | 18.60M | 9.40M | 7.70M |
| EBITDA | 2.11B | 2.17B | 2.16B | 1.38B | 1.73B | 1.27B | 1.31B | 1.25B | 2.22B | 2.10B | 1.37B | 1.95B | 2.00B | 2.73B | 1.48B | 1.33B | 1.02B | 699.05M | 416.66M | 419.88M | 288.87M | 148.05M | 211.93M | 123.64M | 108.99M | 127.70M | 94.80M | 61.30M | 17.10M | 8.80M | 17.00M |
| EBITDA Ratio | 37.22% | 39.81% | 38.70% | 38.07% | 37.29% | 32.52% | 33.29% | 31.50% | 32.97% | 34.00% | 32.35% | 39.63% | 44.08% | 70.87% | 43.92% | 40.53% | 38.69% | 44.35% | 53.21% | 45.57% | 44.64% | 24.46% | 32.88% | 27.08% | 19.73% | 28.51% | 27.29% | 28.43% | 13.01% | 10.81% | 27.73% |
| Operating Income | 826.00M | 915.00M | 659.00M | 446.00M | 575.00M | 655.00M | 629.00M | 482.00M | 791.00M | 924.00M | 781.00M | 1.10B | 1.26B | 1.04B | 851.02M | 867.28M | 662.93M | 441.29M | 202.17M | 248.88M | 160.30M | 8.73M | 57.74M | -50.62M | 6.07M | 47.70M | 46.60M | 33.40M | -1.50M | -600.00K | 9.30M |
| Operating Income Ratio | 14.59% | 16.27% | 14.27% | 10.69% | 13.26% | 16.07% | 15.22% | 11.02% | 11.75% | 14.47% | 15.14% | 22.93% | 27.75% | 26.57% | 25.23% | 25.42% | 25.20% | 28.00% | 18.66% | 27.01% | 24.77% | 1.44% | 8.96% | -8.87% | 1.10% | 10.65% | 13.41% | 15.49% | -1.14% | -0.74% | 15.17% |
| Total Other Income/Expenses | -651.00M | -677.00M | -61.00M | -655.00M | -357.00M | -521.00M | -460.00M | -381.00M | -874.00M | 2.11B | -171.00M | -184.00M | -186.00M | 796.21M | -159.44M | -147.21M | -123.48M | -87.29M | -104.17M | -101.55M | 85.59M | -241.70M | -187.58M | 428.71M | -13.59M | 27.00M | -108.53M | -38.80M | -20.80M | 21.40M | 41.20M |
| Income Before Tax | 175.00M | 238.00M | 732.00M | -271.00M | 218.00M | 129.00M | 155.00M | 71.00M | -153.00M | 3.04B | 387.00M | 897.00M | 1.07B | 1.87B | 691.59M | 704.21M | 539.44M | 354.00M | 68.54M | 143.93M | 245.89M | -232.97M | -129.84M | 378.08M | -7.52M | 74.70M | -94.40M | -5.40M | -22.30M | 20.80M | 50.50M |
| Income Before Tax Ratio | 3.09% | 4.23% | 15.85% | -6.50% | 5.03% | 3.17% | 3.75% | 1.62% | -2.27% | 47.54% | 7.50% | 18.63% | 23.64% | 47.71% | 20.51% | 20.64% | 20.51% | 22.46% | 6.32% | 15.62% | 38.00% | -38.50% | -20.14% | 66.23% | -1.36% | 16.68% | -27.17% | -2.50% | -16.97% | 25.55% | 82.38% |
| Income Tax Expense | 424.00M | 222.00M | 189.00M | 102.00M | 120.00M | 116.00M | 158.00M | 180.00M | 291.00M | 256.00M | 182.00M | 393.00M | -19.00M | 227.10M | 188.00M | 277.37M | 87.08M | 118.21M | 65.30M | 58.90M | 52.37M | 22.73M | 8.22M | 26.26M | 18.57M | 20.50M | 16.60M | 12.70M | 7.60M | 10.40M | 17.60M |
| Net Income | -82.00M | 16.00M | 590.00M | -373.00M | 98.00M | -10.00M | 85.00M | -32.00M | -559.00M | 2.64B | 229.00M | 508.00M | 925.00M | 1.65B | 850.79M | 291.37M | 697.14M | 168.95M | 10.04M | 68.24M | 178.82M | -278.20M | -138.05M | 355.39M | -26.09M | 54.20M | -111.00M | -18.10M | -29.90M | 10.40M | 32.70M |
| Net Income Ratio | -1.45% | 0.28% | 12.78% | -8.94% | 2.26% | -0.25% | 2.06% | -0.73% | -8.31% | 41.39% | 4.44% | 10.55% | 20.42% | 42.15% | 25.23% | 8.54% | 26.50% | 10.72% | 0.93% | 7.41% | 27.63% | -45.97% | -21.42% | 62.26% | -4.72% | 12.10% | -31.95% | -8.40% | -22.75% | 12.78% | 53.34% |
| EPS | -0.48 | 0.12 | 3.60 | -2.89 | 0.76 | -0.08 | 0.68 | -0.25 | -4.38 | 20.75 | 1.81 | 3.94 | 6.96 | 11.99 | 6.15 | 3.77 | 5.42 | 1.32 | 0.08 | 0.62 | 2.15 | -4.63 | -1.66 | 4.29 | -0.32 | 0.65 | -1.35 | -0.22 | -0.37 | 0.14 | 0.45 |
| EPS Diluted | -0.48 | 0.11 | 3.59 | -2.89 | 0.76 | -0.08 | 0.68 | -0.25 | -4.38 | 20.74 | 1.81 | 3.93 | 6.96 | 11.96 | 6.14 | 3.74 | 5.19 | 1.31 | 0.08 | 0.57 | 1.77 | -4.63 | -1.66 | 4.23 | -0.32 | 0.65 | -1.35 | -0.22 | -0.37 | 0.14 | 0.45 |
| Weighted Avg Shares Out | 171.40M | 139.05M | 163.77M | 128.87M | 128.83M | 128.39M | 127.87M | 127.81M | 127.56M | 127.35M | 127.12M | 129.07M | 132.47M | 137.85M | 138.29M | 137.40M | 128.76M | 114.50M | 130.90M | 106.24M | 83.19M | 60.06M | 83.11M | 82.91M | 82.61M | 82.91M | 82.02M | 80.90M | 80.60M | 76.80M | 72.12M |
| Weighted Avg Shares Out (Dil) | 171.40M | 139.69M | 164.47M | 128.87M | 128.83M | 128.39M | 127.87M | 127.81M | 127.57M | 127.40M | 127.19M | 129.19M | 132.47M | 138.07M | 138.57M | 138.39M | 137.63M | 115.19M | 130.90M | 114.97M | 102.54M | 60.06M | 83.11M | 84.06M | 82.61M | 82.91M | 82.02M | 80.90M | 80.60M | 76.80M | 72.12M |
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity Luxembourg, January 12, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 136,599 of its Swedish Depository Receipts (SDRs) between January 8, 2024 and January 12, 2024, as detailed...
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity Luxembourg, January 5, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 142,239 of its Swedish Depository Receipts (SDRs) between January 2, 2024 and January 5, 2024, as detailed...
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity Luxembourg, December 29, 2023 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 112,000 of its Swedish Depository Receipts (SDRs) between December 27, 2023 and December 29, 2023, as detailed...
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity Luxembourg, December 22, 2023 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 170,724 of its Swedish Depository Receipts (SDRs) between December 19, 2023 and December 22, 2023, as detailed...
Millicom (Tigo) raises target and launches share repurchase program
Millicom (Tigo) raises target and launches share repurchase program Luxembourg, December 14, 2023 – Millicom announced today changes to its financial target and the launch of a new share repurchase program to fund employee share plans. Raised target Millicom is...
Millicom International Cellular S.A. (TIGO) Q3 2023 Earnings Call Transcript
Millicom International Cellular S.A. (NASDAQ:TIGO ) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Mauricio Ramos - CEO Sheldon Bruha - CFO Maxime Lombardini - President and COO Conference Call Participants Oscar Ronnkvist - ABG...
Millicom (Tigo) Q3 2023 Earnings Release
Luxembourg, October 26, 2023 – Millicom is pleased to announce its third quarter 2023 results. Please find below links to the Q3 2023 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements.
Millicom (Tigo) announces the Nomination Committee ahead of the 2024 Annual General Meeting
Millicom (Tigo) announces the Nomination Committee ahead of the 2024 Annual General Meeting Luxembourg, October 24, 2023 – In accordance with the resolution of the 2023 Annual General Meeting of Millicom International Cellular S.A. (“Millicom”) held on May 31, 2023,...
Millicom (Tigo) notice of third quarter 2023 results and video conference
Millicom (Tigo) notice of third quarter 2023 results and video conference Luxembourg, October 18, 2023 – Millicom expects to announce its third quarter 2023 results on October 26, 2023, via a press release. Millicom is planning to host a video...
Millicom (Tigo) and EPM agree to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE)
Millicom (Tigo) and EPM agree to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE) Luxembourg, October 13, 2023 – Millicom announced today an agreement between Millicom and Empresas Públicas de Medellin (“EPM”) to jointly capitalize UNE EPM Telecomunicaciones S.A.
Source: https://incomestatements.info
Category: Stock Reports