Millicom International Cellular S.A.
Millicom International Cellular S.A. (TIGO) Financial Performance & Income Statement Overview
Explore the financials of Millicom International Cellular S.A. (TIGO), including yearly and quarterly data on income, cash flow, and balance sheets.
Millicom International Cellular S.A. (TIGO) Income Statement & Financial Overview
Explore comprehensive income reports for Millicom International Cellular S.A. TIGO, broken down by year and quarter.
| 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.
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