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% on a QoQ basis from $363.0 million in Q3 2023, and down 73.97% year-over-year from $1.5 billion in Q4 2022.
Millicom International Cellular (TIGO) Cost of Revenue (2009 - 2023) Analysis & Trends
Millicom International Cellular's Cost of Revenue history runs 11 years deep, the most recent figure standing at $392.0 million for Q4 2023.
- Quarterly Cost of Revenue fell 73.97% year-over-year to $392.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $1.5 billion (down 42.92% YoY) and the FY2025 annual result came in at $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.
- Across five years, Cost of Revenue topped out at $1.5 billion in Q4 2022 and bottomed at $278.0 million in Q1 2021.
- A 5-year average of $517.2 million and a median of $366.0 million in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 38.6% — and 2023, when it plunged 73.97%.
- Millicom International Cellular's Cost of Revenue stood at $1.2 billion in 2019, then declined by 2.5% to $1.2 billion in 2020, then advanced by 2.22% to $1.2 billion in 2021, then climbed by 25.81% to $1.5 billion in 2022, then plunged by 73.97% to $392.0 million in 2023.
- Business Quant data shows TIGO's Cost of Revenue at $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 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 6.73 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 501.31 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 1.18 Bn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 5.30 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 5.06 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 6.31 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 288.38 Mn |
| 10 | Millicom International Cellular | 15.93 Bn | 14.66 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 | 1.51 Bn |
| Dec 31, 2022 | 1.51 Bn |
| 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 | 1.20 Bn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 288.00 Mn |
| Sep 30, 2021 | 288.00 Mn |