Millicom International Cellular (TIGO) Financials

$36.65 +0.25 (+0.69%)

Closing price 06/11/2025 04:00 PM Eastern

Extended Trading

$36.82 +0.17 (+0.47%)

As of 06/11/2025 05:04 PM Eastern

Annual Income Statements for Millicom International Cellular

This table shows Millicom International Cellular's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-148	686	-42	-	-366	522	144	-495	287
Consolidated Net Income / (Loss)	-90	69	-26	154	-385	542	129	-245	268
Net Income / (Loss) Continuing Operations	1,557	643	1,623	-	-325	570	192	-249	272
Total Pre-Tax Income	1,736	805	1,735	-	-325	570	192	92	272
Total Operating Income	2,001	1,125	2,102	-	-401	-244	43	783	291
Total Gross Profit	2,868	2,767	2,829	3,135	2,745	1,518	2,228	2,111	2,469
Total Revenue	4,043	4,568	3,946	-	3,805	4,261	5,624	5,661	5,804
Operating Revenue	4,043	4,568	3,946	-	3,805	4,261	5,624	5,661	5,804
Total Cost of Revenue	1,175	2,700	1,117	-	2,443	2,743	3,396	3,550	3,335
Operating Cost of Revenue	1,175	2,700	1,117	-	2,443	2,743	3,396	3,550	3,335
Total Operating Expenses	867	743	727	-	1,763	1,762	2,185	1,328	2,178
Depreciation Expense	678	670	662	-	810	804	999	978	916
Amortization Expense	175	142	140	-	309	310	345	360	319
Other Operating Expenses / (Income)	14	-69	-75	-	644	648	841	-10	943
Total Other Income / (Expense), net	-265	-320	-367	-	76	814	149	-691	-19
Interest & Investment Income	21	16	21	-	13	23	18	-	46
Other Income / (Expense), net	86	53	-21	-	63	791	131	-7.00	-65
Other Adjustments to Consolidated Net Income / (Loss)	-1,627	-	-1,616	-	-41	-48	-48	-	15
Weighted Average Basic Shares Outstanding	-	-	101.74M	101.74M	101.74M	101.74M	172.10M	172.10M	172.10M
Weighted Average Diluted Shares Outstanding	-	-	101.74M	101.74M	101.74M	101.74M	172.10M	172.10M	172.10M
Weighted Average Basic & Diluted Shares Outstanding	-	-	101.74M	101.74M	101.74M	101.74M	172.10M	172.10M	172.10M

No quarterly income statements for Millicom International Cellular are available.

This table details how cash moves in and out of Millicom International Cellular's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-123	-8.00	-12	617	220	110	-748	-193	-441
Net Cash From Operating Activities	1,287	561	1,054	1,389	1,137	1,161	870	988	936
Net Cash From Continuing Operating Activities	1,287	561	1,054	1,992	1,137	1,161	870	988	936
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	574	0.00	0.00	0.00	0.00	0.00
Depreciation Expense	932	879	830	1,111	1,208	1,196	1,364	1,338	1,234
Non-Cash Adjustments To Reconcile Net Income	954	875	224	575	66	184	-23	16	39
Changes in Operating Assets and Liabilities, net	123	55	-	-268	-137	-219	-471	-366	-337
Net Cash From Investing Activities	-713	-493	-777	-1,707	-593	-2,699	-910	-797	-477
Net Cash From Continuing Investing Activities	-713	-493	-777	-1,504	-593	-2,699	-910	-797	-477
Purchase of Property, Plant & Equipment	-	-	-	-736	-622	-740	-800	-814	-540
Acquisitions	0.00	-	-777	-1,014	10	-2,000	-283	0.00	0.00
Sale of Property, Plant & Equipment	725	829	-	24	9.00	11	21	17	58
Divestitures	-	22	-	111	10	30	152	0.00	5.00
Net Cash From Financing Activities	-373	-464	-289	943	-324	1,648	-708	-384	-900
Net Cash From Continuing Financing Activities	-373	-464	-289	1,368	-324	1,648	-708	-384	-900
Repayment of Debt	-	-	-530	-1,264	-1,860	-1,472	-2,284	-809	-1,570
Payment of Dividends	265	265	241	-268	66	7.00	6.00	63	66
Issuance of Debt	1,534	2,191	-	2,900	1,470	3,113	1,570	362	604
Cash Interest Paid	357	84	229	-	151	140	128	115	120
Cash Interest Received	19	16	20	-	11	4.00	8.00	31	43

No quarterly cash flow statements for Millicom International Cellular are available.

This table presents Millicom International Cellular's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	9,464	10,313	12,895	12,422	15,141	14,198	14,516	13,737
Total Current Assets	1,585	1,525	2,657	1,681	2,016	1,872	1,666	1,590
Cash & Equivalents	619	528	1,164	875	895	1,039	775	699
Restricted Cash	145	158	155	-	203	57	56	57
Accounts Receivable	386	343	400	557	447	394	455	405
Inventories, net	45	39	59	37	63	53	45	44
Prepaid Expenses	-	-	156	-	-	-	-	94
Current Deferred & Refundable Income Taxes	99	108	119	-	104	111	118	109
Other Current Assets	108	149	233	181	304	218	217	182
Plant, Property, & Equipment, net	2,880	3,071	2,899	2,755	3,382	2,989	3,107	2,847
Total Noncurrent Assets	4,998	5,754	7,339	1,174	9,552	9,221	9,576	8,587
Long-Term Investments	3,207	3,036	2,822	-	618	590	576	561
Intangible Assets	1,265	2,346	3,195	-	7,558	7,361	7,785	6,908
Noncurrent Deferred & Refundable Income Taxes	180	202	200	197	180	204	141	153
Other Noncurrent Operating Assets	346	170	1,122	977	1,196	1,066	1,074	965
Total Liabilities & Shareholders' Equity	9,464	10,313	12,895	12,422	15,141	14,198	14,516	13,737
Total Liabilities	6,183	7,521	10,215	10,148	12,401	10,565	11,071	10,163
Total Current Liabilities	1,547	1,626	1,806	1,106	3,578	1,575	1,761	2,100
Short-Term Debt	185	458	186	-	1,840	180	221	282
Accounts Payable	-	282	450	311	421	458	452	405
Accrued Expenses	512	252	-	-	373	295	276	421
Dividends Payable	-	-	-	-	-	-	-	172
Current Deferred & Payable Income Tax Liabilities	81	55	75	71	128	86	93	122
Other Current Liabilities	769	579	663	724	816	556	719	698
Total Noncurrent Liabilities	4,070	4,949	7,735	7,012	7,769	7,973	7,944	6,856
Long-Term Debt	3,600	4,123	5,786	5,578	5,904	6,624	6,476	5,533
Capital Lease Obligations	-	0.00	988	897	996	853	854	798
Noncurrent Deferred & Payable Income Tax Liabilities	56	236	285	209	214	148	140	149
Other Noncurrent Operating Liabilities	335	590	676	328	655	348	474	376
Total Equity & Noncontrolling Interests	713	706	1,898	2,274	131	766	742	694
Total Preferred & Common Equity	59	16	1,627	-562	-26	737	826	748
Total Common Equity	59	16	1,627	-562	-26	737	826	748
Common Stock	637	635	-	-	628	1,343	1,334	1,322
Treasury Stock	-106	-81	-51	-	-60	-47	-8.00	-43
Other Equity Adjustments	-472	-538	-544	-562	-594	-559	-500	-531
Noncontrolling Interest	654	690	271	215	157	29	-84	-54

No quarterly balance sheets for Millicom International Cellular are available.

This table displays calculated financial ratios and metrics derived from Millicom International Cellular's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	12.99%	-13.62%	0.00%	0.00%	11.98%	31.99%	0.66%	4.03%
EBITDA Growth	0.00%	-31.86%	41.52%	-61.83%	-21.69%	100.34%	-11.76%	37.45%	49.28%
EBIT Growth	0.00%	-43.56%	76.66%	-100.00%	0.00%	261.83%	-68.19%	345.98%	162.78%
NOPAT Growth	0.00%	-49.93%	118.82%	-100.00%	0.00%	13.07%	117.62%	-6,671.18%	195.57%
Net Income Growth	0.00%	176.67%	-137.68%	692.31%	-350.00%	240.78%	-76.20%	-289.92%	209.39%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	-56.41%	87.88%	31.78%	-18.14%	2.11%	-25.06%	13.56%	-5.26%
Free Cash Flow Firm Growth	0.00%	0.00%	140.95%	-265.39%	260.68%	-370.03%	102.11%	-1,984.01%	390.53%
Invested Capital Growth	0.00%	0.00%	24.69%	40.60%	-50.90%	247.17%	-1.15%	2.69%	-10.90%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	70.94%	60.57%	71.69%	0.00%	72.14%	35.63%	39.62%	37.29%	42.54%
EBITDA Margin	74.67%	45.03%	73.77%	0.00%	22.86%	40.91%	27.35%	37.34%	25.16%
Operating Margin	49.49%	24.63%	53.27%	0.00%	-10.54%	-5.73%	0.76%	13.83%	5.01%
EBIT Margin	51.62%	25.79%	52.74%	0.00%	-8.88%	12.84%	3.09%	13.71%	3.89%
Profit (Net Income) Margin	-2.23%	1.51%	-0.66%	0.00%	-10.12%	12.72%	2.29%	-4.33%	4.62%
Tax Burden Percent	-5.18%	8.57%	-1.50%	0.00%	118.46%	95.09%	67.19%	-266.30%	98.53%
Interest Burden Percent	83.18%	68.34%	83.37%	0.00%	96.15%	104.20%	110.34%	11.86%	120.35%
Effective Tax Rate	10.31%	20.12%	6.46%	0.00%	0.00%	0.00%	0.00%	460.87%	0.00%
Return on Invested Capital (ROIC)	0.00%	50.54%	49.22%	0.00%	-6.04%	-3.57%	0.41%	-26.54%	2.88%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-7.82%	-11.42%	0.00%	-10.11%	10.37%	1.26%	-0.45%	2.63%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-31.19%	-52.88%	0.00%	-12.42%	48.64%	28.36%	-5.95%	34.45%
Return on Equity (ROE)	0.00%	19.35%	-3.66%	11.83%	-18.46%	45.07%	28.76%	-32.49%	37.33%
Cash Return on Invested Capital (CROIC)	0.00%	-149.46%	27.24%	-33.75%	62.23%	-114.11%	1.56%	-29.20%	14.40%
Operating Return on Assets (OROA)	0.00%	12.45%	21.04%	0.00%	-2.67%	3.97%	1.19%	5.41%	1.60%
Return on Assets (ROA)	0.00%	0.73%	-0.26%	0.00%	-3.04%	3.93%	0.88%	-1.71%	1.90%
Return on Common Equity (ROCE)	0.00%	1.60%	-0.19%	7.46%	-4.71%	-11.02%	22.80%	-33.68%	40.91%
Return on Equity Simple (ROE_SIMPLE)	0.00%	116.95%	-162.50%	9.47%	68.51%	-2,084.62%	17.50%	-29.66%	35.83%
Net Operating Profit after Tax (NOPAT)	1,795	899	1,966	0.00	-281	-244	43	-2,826	291
NOPAT Margin	44.39%	19.67%	49.83%	0.00%	-7.38%	-5.73%	0.76%	-49.91%	5.01%
Net Nonoperating Expense Percent (NNEP)	0.00%	58.36%	60.64%	-3.82%	4.07%	-13.93%	-0.85%	-26.09%	0.24%
Return On Investment Capital (ROIC_SIMPLE)	-	19.98%	37.19%	0.00%	-3.21%	-2.75%	0.51%	-34.07%	3.98%
Cost of Revenue to Revenue	29.06%	59.11%	28.31%	0.00%	64.21%	64.37%	60.38%	62.71%	57.46%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.44%	16.27%	18.42%	0.00%	46.33%	41.35%	38.85%	23.46%	37.53%
Earnings before Interest and Taxes (EBIT)	2,087	1,178	2,081	0.00	-338	547	174	776	226
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,019	2,057	2,911	1,111	870	1,743	1,538	2,114	1,460
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	2.27	0.00	0.00	1.67	3.60	5.38
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.78	0.51	0.22	0.53	0.69
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	4.18	8.57	0.00	14.01
Dividend Yield	0.00%	0.00%	0.00%	7.26%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	23.92%	11.67%	0.00%	7.14%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	1.03	2.87	0.88	0.69	0.84	0.97
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	2.31	2.20	1.29	1.60	1.60
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	5.78	10.10	5.37	4.70	4.27	6.35
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	17.12	41.57	11.64	40.99
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	168.23	0.00	31.83
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	4.62	7.73	8.06	8.31	9.14	9.90
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	3.04	0.00	43.84	0.00	6.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	5.31	6.49	3.67	2.85	66.72	10.00	10.18	9.53
Long-Term Debt to Equity	0.00	5.05	5.84	3.57	2.85	52.67	9.76	9.88	9.12
Financial Leverage	0.00	3.99	4.63	3.10	1.23	4.69	22.56	13.12	13.09
Leverage Ratio	0.00	13.27	13.94	8.91	6.07	11.46	32.71	19.04	19.67
Compound Leverage Factor	0.00	9.07	11.62	0.00	5.83	11.94	36.09	2.26	23.68
Debt to Total Capital	0.00%	84.15%	86.65%	78.57%	74.01%	98.52%	90.91%	91.05%	90.50%
Short-Term Debt to Total Capital	0.00%	4.11%	8.66%	2.10%	0.00%	20.74%	2.14%	2.66%	3.86%
Long-Term Debt to Total Capital	0.00%	80.04%	77.98%	76.47%	74.01%	77.78%	88.77%	88.39%	86.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	14.54%	13.05%	3.06%	2.46%	1.77%	0.34%	-1.01%	-0.74%
Common Equity to Total Capital	0.00%	1.31%	0.30%	18.37%	-6.42%	-0.29%	8.75%	9.96%	10.24%
Debt to EBITDA	0.00	1.84	1.57	6.26	7.44	5.01	4.98	3.57	4.53
Net Debt to EBITDA	0.00	-0.09	0.30	2.20	6.44	4.03	3.88	2.91	3.63
Long-Term Debt to EBITDA	0.00	1.75	1.42	6.10	7.44	3.96	4.86	3.47	4.34
Debt to NOPAT	0.00	4.21	2.33	0.00	-23.07	-35.82	178.07	-2.67	22.73
Net Debt to NOPAT	0.00	-0.21	0.44	0.00	-19.95	-28.79	138.86	-2.17	18.20
Long-Term Debt to NOPAT	0.00	4.01	2.10	0.00	-23.07	-28.28	173.88	-2.59	21.76
Altman Z-Score	0.00	0.00	0.00	0.54	0.45	0.38	0.53	0.72	0.67
Noncontrolling Interest Sharing Ratio	0.00%	91.73%	94.71%	36.90%	74.47%	124.45%	20.74%	-3.65%	-9.61%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.02	0.94	1.47	1.52	0.56	1.19	0.95	0.76
Quick Ratio	0.00	0.65	0.54	1.07	1.29	0.38	0.91	0.70	0.53
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2,657	1,088	-1,800	2,892	-7,810	165	-3,109	1,457
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	195.08%	185.48%	159.26%	111.68%	123.96%	194.19%
Free Cash Flow to Firm to Interest Expense	0.00	-6.83	2.97	0.00	0.00	0.00	0.00	-4.54	0.00
Operating Cash Flow to Interest Expense	3.46	1.44	2.87	0.00	0.00	0.00	0.00	1.44	0.00
Operating Cash Flow Less CapEx to Interest Expense	5.41	3.57	2.87	0.00	0.00	0.00	0.00	0.28	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.48	0.40	0.00	0.30	0.31	0.38	0.39	0.41
Accounts Receivable Turnover	0.00	11.83	10.83	0.00	7.95	8.49	13.37	13.34	13.50
Inventory Turnover	0.00	60.00	26.60	0.00	50.90	54.86	58.55	72.45	74.94
Fixed Asset Turnover	0.00	1.59	1.33	0.00	1.35	1.39	1.77	1.86	1.95
Accounts Payable Turnover	0.00	0.00	0.00	0.00	6.42	7.49	7.73	7.80	7.78
Days Sales Outstanding (DSO)	0.00	30.84	33.72	0.00	45.90	43.00	27.29	27.37	27.04
Days Inventory Outstanding (DIO)	0.00	6.08	13.72	0.00	7.17	6.65	6.23	5.04	4.87
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	56.85	48.70	47.24	46.78	46.90
Cash Conversion Cycle (CCC)	0.00	36.93	47.44	0.00	-3.78	0.95	-13.71	-14.37	-14.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	3,556	4,434	6,234	3,061	10,627	10,505	10,788	9,536
Invested Capital Turnover	0.00	2.57	0.99	0.00	0.82	0.62	0.53	0.53	0.57
Increase / (Decrease) in Invested Capital	0.00	3,556	878	1,800	-3,173	7,566	-122	283	-1,166
Enterprise Value (EV)	0.00	0.00	0.00	6,418	8,789	9,363	7,234	9,034	9,264
Market Capitalization	0.00	0.00	0.00	3,699	2,974	2,182	1,234	2,974	4,022
Book Value per Share	$0.00	$0.00	$0.16	$15.99	($5.52)	($0.26)	$7.24	$4.80	$4.35
Tangible Book Value per Share	$0.00	$0.00	($22.90)	($15.41)	($5.52)	($74.54)	($65.11)	($40.44)	($35.79)
Total Capital	0.00	4,498	5,287	8,858	8,749	8,871	8,423	8,293	7,307
Total Debt	0.00	3,785	4,581	6,960	6,475	8,740	7,657	7,551	6,613
Total Long-Term Debt	0.00	3,600	4,123	6,774	6,475	6,900	7,477	7,330	6,331
Net Debt	0.00	-186	859	2,448	5,600	7,024	5,971	6,144	5,296
Capital Expenditures (CapEx)	-725	-829	0.00	712	613	729	779	797	482
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-541	-329	-653	-300	-820	-619	-705	-984
Debt-free Net Working Capital (DFNWC)	0.00	223	357	1,037	575	278	477	126	-228
Net Working Capital (NWC)	0.00	38	-101	851	575	-1,562	297	-95	-510
Net Nonoperating Expense (NNE)	1,885	830	1,992	-154	104	-786	-86	-2,581	23
Net Nonoperating Obligations (NNO)	0.00	2,843	3,728	4,336	787	10,496	9,739	10,046	8,842
Total Depreciation and Amortization (D&A)	932	879	830	1,111	1,208	1,196	1,364	1,338	1,234
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-11.84%	-8.34%	0.00%	-7.88%	-19.24%	-11.01%	-12.45%	-16.95%
Debt-free Net Working Capital to Revenue	0.00%	4.88%	9.05%	0.00%	15.11%	6.52%	8.48%	2.23%	-3.93%
Net Working Capital to Revenue	0.00%	0.83%	-2.56%	0.00%	15.11%	-36.66%	5.28%	-1.68%	-8.79%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.32)	$0.86	($0.10)	$1.48	$0.00	$0.00	$0.00	($0.48)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	101.74M	101.74M	101.74M	0.00	172.10M	172.10M	172.10M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.48)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	101.74M	101.74M	101.74M	0.00	172.10M	172.10M	172.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	101.74M	101.74M	101.74M	0.00	172.10M	172.10M	172.10M
Normalized Net Operating Profit after Tax (NOPAT)	1,795	899	1,966	0.00	-281	-171	30	548	204
Normalized NOPAT Margin	44.39%	19.67%	49.83%	0.00%	-7.38%	-4.01%	0.54%	9.68%	3.51%
Pre Tax Income Margin	42.94%	17.62%	43.97%	0.00%	-8.54%	13.38%	3.41%	1.63%	4.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.61	3.03	5.67	0.00	0.00	0.00	0.00	1.13	0.00
NOPAT to Interest Expense	4.82	2.31	5.36	0.00	0.00	0.00	0.00	-4.13	0.00
EBIT Less CapEx to Interest Expense	7.56	5.16	5.67	0.00	0.00	0.00	0.00	-0.03	0.00
NOPAT Less CapEx to Interest Expense	6.77	4.44	5.36	0.00	0.00	0.00	0.00	-5.30	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	294.44%	-384.06%	926.92%	174.03%	17.14%	-1.29%	-4.65%	25.71%	-24.63%
Augmented Payout Ratio	294.44%	-384.06%	926.92%	174.03%	17.14%	-1.29%	-4.65%	25.71%	-24.63%

No quarterly metrics and ratios for Millicom International Cellular are available.

Frequently Asked Questions About Millicom International Cellular's Financials

When does Millicom International Cellular's fiscal year end?

According to the most recent income statement we have on file, Millicom International Cellular's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Millicom International Cellular's net income changed over the last 8 years?

Millicom International Cellular's net income appears to be on an upward trend, with a most recent value of $268 million in 2024, falling from -$90 million in 2016. The previous period was -$245 million in 2023. See Millicom International Cellular's forecast for analyst expectations on what’s next for the company.

What is Millicom International Cellular's operating income?

Millicom International Cellular's total operating income in 2024 was $291 million, based on the following breakdown:

Total Gross Profit: $2.47 billion
Total Operating Expenses: $2.18 billion

How has Millicom International Cellular revenue changed over the last 8 years?

Over the last 8 years, Millicom International Cellular's total revenue changed from $4.04 billion in 2016 to $5.80 billion in 2024, a change of 43.6%.

How much debt does Millicom International Cellular have?

Millicom International Cellular's total liabilities were at $10.16 billion at the end of 2024, a 8.2% decrease from 2023, and a 64.4% increase since 2017.

How much cash does Millicom International Cellular have?

In the past 7 years, Millicom International Cellular's cash and equivalents has ranged from $528 million in 2018 to $1.16 billion in 2019, and is currently $699 million as of their latest financial filing in 2024.

How has Millicom International Cellular's book value per share changed over the last 8 years?

Over the last 8 years, Millicom International Cellular's book value per share changed from 0.00 in 2016 to 4.35 in 2024, a change of 434.6%.

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This page (NASDAQ:TIGO) was last updated on 6/12/2025 by MarketBeat.com Staff

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Millicom International Cellular (TIGO) Financials

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Millicom International Cellular (TIGO) Financials

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