Millicom International Cellular (MLCMF) Cost of Revenue (2009 - 2023)
Millicom International Cellular's (MLCMF) quarterly Cost of Revenue came in at $392.0 million in Q4 2023, down 65.43% on a YoY basis from $1.1 billion in Q4 2022, and up 7.99% quarter-over-quarter from $363.0 million in Q3 2023.
Analysis
Millicom International Cellular (MLCMF) Cost of Revenue (2009 - 2023) Analysis & Trends
Millicom International Cellular (MLCMF) has reported Cost of Revenue for 11 consecutive years, with $392.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Cost of Revenue fell 65.43% year-over-year to $392.0 million; the trailing twelve-month figure through Dec 2023 stood at $1.5 billion (down 33.55% YoY), and the FY2025 full-year result was $250.0 million, down 13.79% from the prior year.
- Cost of Revenue advanced to $392.0 million in Q4 2023 per MLCMF's latest filing, from $363.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.2 billion in Q4 2019 and bottomed at $278.0 million in Q1 2021.
- Historically, Cost of Revenue has averaged $481.4 million across 5 years, with a median of $366.0 million in 2022.
- The sharpest annual moves came in 2019 and 2023: Cost of Revenue soared 42.98% in 2019, then slumped 65.43% in 2023.
- Over 5 years, Cost of Revenue stood at $1.2 billion in 2019, then declined by 2.5% to $1.2 billion in 2020, then retreated by 27.33% to $851.0 million in 2021, then soared by 33.25% to $1.1 billion in 2022, then plunged by 65.43% to $392.0 million in 2023.
- According to Business Quant data, Cost of Revenue over the past three periods registered $392.0 million, $363.0 million, and $380.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 206.92 Bn | 205.17 Bn | 27.03 Bn | 7.23 Bn |
| 2 | T-Mobile US | 192.57 Bn | 189.75 Bn | 17.74 Bn | 5.06 Bn |
| 3 | At&T | 174.70 Bn | 157.13 Bn | 25.25 Bn | 6.31 Bn |
| 4 | Chunghwa Telecom | 34.43 Bn | 31.86 Bn | 728.80 Mn | 1.21 Bn |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | 2.29 Bn |
| 6 | Telefonica Brasil | 19.04 Bn | 17.35 Bn | 1.42 Bn | 699.85 Mn |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.95 Bn | -56,572.05 Bn | - | - |
| 8 | Telus | 14.50 Bn | 13.39 Bn | - | - |
| 9 | Bce | 14.36 Bn | 14.24 Bn | - | - |
| 10 | Millicom International Cellular | 5.07 Bn | 4.12 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 392.00 Mn |
| Sep 30, 2023 | 363.00 Mn |
| Jun 30, 2023 | 380.00 Mn |
| Mar 31, 2023 | 372.00 Mn |
| Dec 31, 2022 | 1.13 Bn |
| Sep 30, 2022 | 369.00 Mn |
| Jun 30, 2022 | 395.00 Mn |
| Mar 31, 2022 | 370.00 Mn |
| Dec 31, 2021 | 851.00 Mn |
| Sep 30, 2021 | 288.00 Mn |
| Jun 30, 2021 | 285.00 Mn |
| Mar 31, 2021 | 278.00 Mn |
| Dec 31, 2020 | 1.17 Bn |
| Sep 30, 2020 | 286.00 Mn |
| Jun 30, 2020 | 296.00 Mn |
| Mar 31, 2020 | 305.00 Mn |
| Dec 31, 2019 | 1.20 Bn |
| Sep 30, 2019 | 302.00 Mn |
| Jun 30, 2019 | 298.00 Mn |
| Mar 31, 2019 | 291.00 Mn |