VEON Ltd. VEON

Communication services SIC 4812 - Radiotelephone Communications NAICS Information › Telecommunications › Wired and Wireless Telecommunications (except Satellite) › Wired and Wireless Telecommunications Carriers (except Satellite) › Wireless Telecommunications Carriers (except Satellite) derived Nasdaq

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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 FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $4.40B$4.00B$3.70B$3.75B$3.85B$3.48B$8.09B$9.09B$9.47B$8.88B
Operating income $1.44B$1.11B$929.0M$1.16B$1.02B$823.0M$1.86B$554.0M$1.47B$1.08B
Net income $591.0M$487.0M-$2.45B-$9.0M$801.0M-$316.0M$683.0M$362.0M-$534.0M$2.42B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets $9.21B$8.04B$8.22B$15.08B$15.92B$14.55B$16.06B$14.10B$19.48B$21.19B
Total equity $1.63B$1.26B$1.07B$767.0M$1.50B$1.01B$2.22B$2.77B$3.95B$6.04B

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 0001468091-26-000010.

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.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B Revenue, FY2016: 8.9B Net income, FY2016: 2.4B Revenue, FY2017: 9.5B Net income, FY2017: -534M Revenue, FY2018: 9.1B Net income, FY2018: 362M Revenue, FY2019: 8.1B Net income, FY2019: 683M Revenue, FY2020: 3.5B Net income, FY2020: -316M Revenue, FY2021: 3.9B Net income, FY2021: 801M Revenue, FY2022: 3.8B Net income, FY2022: -9M Revenue, FY2023: 3.7B Net income, FY2023: -2.5B Revenue, FY2024: 4B Net income, FY2024: 487M Revenue, FY2025: 4.4B Net income, FY2025: 591M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $8.88B $9.47B $9.09B $8.09B $3.48B $3.85B $3.75B $3.70B $4.00B $4.40B
Gross profit — — — — — — — — — —
Net income $2.42B -$534.0M $362.0M $683.0M -$316.0M $801.0M -$9.0M -$2.45B $487.0M $591.0M

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