Telecom Argentina (TCMFF) Change in Intangibles (2021 - 2025)

Telecom Argentina has disclosed Change in Intangibles across 5 years of filings, most recently posting -$35.0 billion for Q3 2025.

• In Q3 2025, Change in Intangibles fell 145.78% year-over-year to -$35.0 billion; the TTM figure through Sep 2025 stood at -$104.2 billion (up 80.39% YoY), while the FY2024 annual figure was -$56.2 billion, up 89.4% from the prior year.
• Change in Intangibles eased to -$35.0 billion in Q3 2025, from -$25.6 billion in the prior quarter.
• Over the last five years, Change in Intangibles for TCMFF reached as high as -$661.0 million in Q1 2021 and fell as low as -$492.0 billion in Q4 2023.
• The 5-year median for Change in Intangibles is -$11.8 billion (2024), against an average of -$40.0 billion.
• Annual changes were most pronounced in 2023 — Change in Intangibles tumbled 1318.24% — and 2024, when it jumped 96.58%.
• A 5-year view of Change in Intangibles shows it stood at -$3.3 billion in 2021, then tumbled by 958.33% to -$34.7 billion in 2022, then plunged by 1318.24% to -$492.0 billion in 2023, then jumped by 96.58% to -$16.8 billion in 2024, then slumped by 108.0% to -$35.0 billion in 2025.
• According to Business Quant data, Change in Intangibles over the past three periods registered -$35.0 billion, -$25.6 billion, and -$26.7 billion for Q3 2025, Q2 2025, and Q1 2025 respectively.