MILLICOM INTERNATIONAL CELLULAR SA TIGO
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
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Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.82B | $5.80B | $5.66B | $5.62B | $4.26B | — | — | — | — | — |
| Operating income | $1.64B | $1.34B | $826.0M | $915.0M | $619.0M | $402.0M | $575.0M | $640.0M | $632.0M | $490.0M |
| Net income | $1.36B | $268.0M | -$245.0M | $129.0M | $542.0M | -$385.0M | $154.0M | -$26.0M | $69.0M | -$90.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $17.25B | $13.74B | $14.52B | $14.20B | $15.14B | $12.42B | $12.89B | $10.31B | $9.46B | $9.63B |
| Total equity | $3.62B | $3.57B | $3.44B | $3.63B | $2.74B | $2.27B | $2.68B | $2.79B | $3.28B | $3.37B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-020831.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $4.26B | $5.62B | $5.66B | $5.80B | $5.82B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$90.0M | $69.0M | -$26.0M | $154.0M | -$385.0M | $542.0M | $129.0M | -$245.0M | $268.0M | $1.36B |
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