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
DateValue
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