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 |
$4.62 B |
$4.17 B |
$4.34 B |
$4.08 B |
$4.13 B |
$4.37 B |
$6.73 B |
| Cost of Revenue |
$1.42 B
|
$3.46 B
|
$1.51 B
|
$1.30 B
|
$1.17 B
|
$1.20 B
|
$1.15 B
|
$1.22 B
|
$1.28 B
|
$1.85 B
|
| Gross Profit |
$4.38 B
|
$2.20 B
|
$4.12 B
|
$3.32 B
|
$3.00 B
|
$3.14 B
|
$2.93 B
|
$2.92 B
|
$3.10 B
|
$4.88 B
|
| Gross Profit Ratio |
0.76
|
0.39
|
0.73
|
0.72
|
0.72
|
0.72
|
0.72
|
0.71
|
0.71
|
0.72
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$193.00 M
|
| General & Administrative Expenses |
$0.00
|
$614.00 M
|
$494.00 M
|
$503.00 M
|
$478.00 M
|
$497.00 M
|
$669.00 M
|
$577.00 M
|
$618.00 M
|
$847.00 M
|
| Selling & Marketing Expenses |
$0.00
|
$536.00 M
|
$570.00 M
|
$495.00 M
|
$396.00 M
|
$402.00 M
|
$404.00 M
|
$469.00 M
|
$528.00 M
|
$833.00 M
|
| Selling, General & Administrative Expenses |
$1.92 B
|
$1.43 B
|
$1.06 B
|
$998.00 M
|
$874.00 M
|
$899.00 M
|
$1.07 B
|
$1.05 B
|
$1.15 B
|
$1.68 B
|
| Other Expenses |
$1.13 B
|
$0.00
|
$2.17 B
|
$1.87 B
|
$1.85 B
|
$1.81 B
|
$76.00 M
|
$78.00 M
|
-$8.00 M
|
-$15.00 M
|
| Operating Expenses |
$3.04 B
|
$1.43 B
|
$3.24 B
|
$2.87 B
|
$2.73 B
|
$2.70 B
|
$2.50 B
|
$2.48 B
|
$2.73 B
|
$4.09 B
|
| Cost And Expenses |
$4.46 B
|
$4.84 B
|
$4.74 B
|
$4.17 B
|
$3.90 B
|
$3.91 B
|
$3.65 B
|
$3.70 B
|
$4.01 B
|
$5.94 B
|
| Interest Income |
$0.00
|
$28.00 M
|
$18.00 M
|
$23.00 M
|
$13.00 M
|
$20.00 M
|
$21.00 M
|
$16.00 M
|
$22.00 M
|
$22.00 M
|
| Interest Expense |
$0.00
|
$711.00 M
|
$558.00 M
|
$476.00 M
|
$542.00 M
|
$505.00 M
|
$326.00 M
|
$316.00 M
|
$394.00 M
|
$442.00 M
|
| Depreciation & Amortization |
$1.03 B
|
$1.34 B
|
$1.34 B
|
$1.11 B
|
$1.21 B
|
$1.10 B
|
$802.00 M
|
$841.00 M
|
$876.00 M
|
$1.32 B
|
| EBITDA |
$2.32 B |
$2.11 B |
$2.17 B |
$2.16 B |
$1.38 B |
$1.73 B |
$1.27 B |
$1.31 B |
$1.25 B |
$2.22 B |
| EBITDA Ratio |
0.4
|
0.37
|
0.4
|
0.39
|
0.38
|
0.37
|
0.33
|
0.33
|
0.32
|
0.33
|
| Operating Income Ratio |
0.23
|
0.15
|
0.16
|
0.14
|
0.11
|
0.13
|
0.16
|
0.15
|
0.11
|
0.12
|
| Total Other Income/Expenses Net |
-$790.00 M
|
-$651.00 M
|
-$677.00 M
|
-$61.00 M
|
-$655.00 M
|
-$357.00 M
|
-$521.00 M
|
-$460.00 M
|
-$381.00 M
|
-$874.00 M
|
| Income Before Tax |
$552.00 M
|
$175.00 M
|
$238.00 M
|
$732.00 M
|
-$271.00 M
|
$218.00 M
|
$129.00 M
|
$155.00 M
|
$71.00 M
|
-$153.00 M
|
| Income Before Tax Ratio |
0.1
|
0.03
|
0.04
|
0.16
|
-0.06
|
0.05
|
0.03
|
0.04
|
0.02
|
-0.02
|
| Income Tax Expense |
$281.00 M
|
$424.00 M
|
$222.00 M
|
$189.00 M
|
$102.00 M
|
$120.00 M
|
$116.00 M
|
$158.00 M
|
$180.00 M
|
$291.00 M
|
| Net Income |
$253.00 M
|
-$82.00 M
|
$16.00 M
|
$590.00 M
|
-$373.00 M
|
$98.00 M
|
-$10.00 M
|
$85.00 M
|
-$32.00 M
|
-$559.00 M
|
| Net Income Ratio |
0.04
|
-0.01
|
0
|
0.13
|
-0.09
|
0.02
|
-0
|
0.02
|
-0.01
|
-0.08
|
| EPS |
1.5 |
-0.48 |
0.12 |
3.6 |
-2.89 |
0.76 |
-0.0779 |
0.68 |
-0.25 |
-4.38 |
| EPS Diluted |
1.48 |
-0.48 |
0.11 |
3.59 |
-2.89 |
0.76 |
-0.0779 |
0.68 |
-0.25 |
-4.38 |
| Weighted Average Shares Out |
$170.95 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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