Millicom International Cellular S.A.
Millicom International Cellular S.A. (TIGO) Financial Performance & Income Statement Overview
Review Millicom International Cellular S.A. (TIGO) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Millicom International Cellular S.A. (TIGO) Income Statement & Financial Overview
Review Millicom International Cellular S.A. TIGO income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.37B | $1.43B | $1.43B | $1.46B |
| Cost of Revenue | $316.00M | $344.00M | $341.00M | $658.00M |
| Gross Profit | $1.06B | $1.08B | $1.09B | $800.00M |
| Gross Profit Ratio | $0.77 | $0.76 | $0.76 | $0.55 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $466.00M | $0.00 | $471.00M |
| Operating Expenses | $635.00M | $711.00M | $790.00M | $471.00M |
| Total Costs & Expenses | $951.00M | $1.05B | $1.13B | $1.11B |
| Interest Income | $2.00M | $6.00M | -$26.00M | $12.00M |
| Interest Expense | $164.00M | $134.00M | $141.00M | $192.00M |
| Depreciation & Amortization | $297.00M | $92.00M | $300.00M | $305.00M |
| EBITDA | $723.00M | $451.00M | $564.00M | $642.00M |
| EBITDA Ratio | $0.53 | $0.32 | $0.39 | $0.44 |
| Operating Income | $423.00M | $373.00M | $300.00M | $345.00M |
| Operating Income Ratio | $0.31 | $0.26 | $0.21 | $0.24 |
| Other Income/Expenses (Net) | -$133.00M | -$253.00M | -$177.00M | -$189.00M |
| Income Before Tax | $290.00M | $120.00M | $123.00M | $156.00M |
| Income Before Tax Ratio | $0.21 | $0.08 | $0.09 | $0.11 |
| Income Tax Expense | $71.00M | $67.00M | $66.00M | $78.00M |
| Net Income | $193.00M | $32.00M | $51.00M | $78.00M |
| Net Income Ratio | $0.14 | $0.02 | $0.04 | $0.05 |
| EPS | $1.14 | $0.18 | $0.30 | $0.46 |
| Diluted EPS | $1.14 | $0.20 | $0.30 | $0.45 |
| Weighted Avg Shares Outstanding | $169.24M | $171.26M | $171.34M | $171.30M |
| Weighted Avg Shares Outstanding (Diluted) | $169.97M | $172.71M | $172.65M | $172.90M |
Over the last four quarters, Millicom International Cellular S.A. achieved steady financial progress, growing revenue from $1.46B in Q2 2024 to $1.37B in Q1 2025. Gross profit stayed firm with margins at 77% in Q1 2025 versus 55% in Q2 2024. Operating income totaled $423.00M in Q1 2025, maintaining a 31% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $723.00M. Net income rose to $193.00M, with EPS at $1.14. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan