Millicom International Cellular S.A.
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Millicom International Cellular S.A.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $5,661,000,000. Profit margin reached -1%. Total operating expenses were $1,429,000,000.

Profit Margin

Millicom International Cellular S.A. (NASDAQ:TIGO): Profit margin
2014 6.38B 2.64B 41.39%
2015 6.73B -559M -8.31%
2016 4.37B -32M -0.73%
2017 4.13B 85M 2.06%
2018 4.07B -10M -0.25%
2019 4.33B 98M 2.26%
2020 4.17B -373M -8.94%
2021 4.61B 590M 12.78%
2022 5.62B 16M 0.28%
2023 5.66B -82M -1.45%

TIGO Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
5.66B5.62B4.61B4.17B4.33B4.07B4.13B4.37B6.73B6.38B
Cost of revenue
3.45B1.50B1.30B1.17B1.20B1.14B1.21B1.27B1.85B2.52B
Gross profit
2.20B4.11B3.31B3B3.13B2.92B2.91B3.09B4.87B3.86B
Operating exp.
Research and development
00000000193M0
Selling and marketing
536M570M495M396M402M404M469M528M833M1.28B
Total operating expenses
1.42B3.23B2.86B2.72B2.70B2.50B2.48B2.72B4.08B2.94B
Operating income
826M915M659M446M575M655M629M482M791M924M
Other income (expenses), net
-651M-677M73M-655M-357M54M-460M77M-874M2.11B
Income before tax
175M238M732M-271M218M129M155M71M-153M3.03B
Income tax expense
424M222M189M102M120M116M158M180M291M256M
Net income
-82M16M590M-373M98M-10M85M-32M-559M2.64B
Earnings per share
Basic EPS
-0.480.123.6-2.890.76-0.070.68-0.25-4.3820.75
Diluted EPS
-0.480.113.59-2.890.76-0.070.68-0.25-4.3820.74
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