Millicom International Cellular (TIGO) Cost of Revenue (2009 - 2023)
Millicom International Cellular (TIGO) posted Cost of Revenue of $392.0 million for Q4 2023, up 7.99% quarter-over-quarter from $363.0 million in Q3 2023, and up 5.38% year-on-year from $372.0 million in Q4 2022.
Millicom International Cellular (TIGO) Cost of Revenue (2009 - 2023) Analysis & Trends
Millicom International Cellular (TIGO) has reported Cost of Revenue for 11 consecutive years, with $392.0 million the latest figure, recorded in Q4 2023.
- Cost of Revenue for Q4 2023 came in at $392.0 million, up 5.38% year-over-year; the trailing twelve-month figure through Dec 2023 was $1.5 billion (changed 0.07% YoY), and the FY2025 annual result was $1.3 billion, down 7.68% from the prior year.
- Cost of Revenue was $392.0 million for Q4 2023 at Millicom International Cellular, up from $363.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $395.0 million in Q2 2022 and troughed at $278.0 million in Q1 2021.
- Average Cost of Revenue over 5 years is $329.2 million, with a median of $308.0 million recorded in 2019.
- Year-over-year, Cost of Revenue fell 8.85% in 2021 and soared 38.6% in 2022.
- Over 5 years, Cost of Revenue stood at $311.0 million in 2019, then declined by 8.68% to $284.0 million in 2020, then increased by 22.18% to $347.0 million in 2021, then grew by 7.2% to $372.0 million in 2022, then grew by 5.38% to $392.0 million in 2023.
- Per Business Quant data, the three most recent Cost of Revenue figures were $392.0 million in Q4 2023, $363.0 million in Q3 2023, and $380.0 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 5.49 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 6.51 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 6.26 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 23.43 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 76.83 Mn |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 1.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 392.00 Mn |
| Dec 31, 2023 | 392.00 Mn |
| Sep 30, 2023 | 363.00 Mn |
| Sep 30, 2023 | 363.00 Mn |
| Jun 30, 2023 | 380.00 Mn |
| Jun 30, 2023 | 380.00 Mn |
| Mar 31, 2023 | 372.00 Mn |
| Mar 31, 2023 | 372.00 Mn |
| Dec 31, 2022 | 372.00 Mn |
| Dec 31, 2022 | 372.00 Mn |
| Sep 30, 2022 | 369.00 Mn |
| Sep 30, 2022 | 369.00 Mn |
| Jun 30, 2022 | 395.00 Mn |
| Jun 30, 2022 | 395.00 Mn |
| Mar 31, 2022 | 370.00 Mn |
| Mar 31, 2022 | 370.00 Mn |
| Dec 31, 2021 | 347.00 Mn |
| Dec 31, 2021 | 347.00 Mn |
| Sep 30, 2021 | 288.00 Mn |
| Sep 30, 2021 | 288.00 Mn |