Millicom International Cellular (TIGO) Gross Profit (2009 - 2023)
Millicom International Cellular (TIGO) posted Gross Profit of $3.8 billion for Q4 2023, up 257.92% on a QoQ basis from $1.1 billion in Q3 2023, and up 22.03% year-over-year from $3.1 billion in Q4 2022.
Millicom International Cellular (TIGO) Gross Profit (2009 - 2023) Analysis & Trends
Millicom International Cellular's Gross Profit history runs 11 years deep, the most recent figure standing at $3.8 billion for Q4 2023.
- Quarterly Gross Profit rose 22.03% year-over-year to $3.8 billion in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $6.9 billion (up 10.41% YoY) and the FY2025 annual result came in at $4.5 billion, up 2.83% from the prior year.
- Gross Profit was $3.8 billion for Q4 2023 at Millicom International Cellular, up from $1.1 billion in the prior quarter.
- Across five years, Gross Profit topped out at $3.8 billion in Q4 2023 and bottomed at $673.0 million in Q2 2020.
- A 5-year average of $1.4 billion and a median of $1.0 billion in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2021 — Gross Profit declined 28.17% — and 2022, when it surged 47.13%.
- Millicom International Cellular's Gross Profit stood at $2.3 billion in 2019, then soared by 30.72% to $3.0 billion in 2020, then retreated by 28.17% to $2.2 billion in 2021, then surged by 44.27% to $3.1 billion in 2022, then rose by 22.03% to $3.8 billion in 2023.
- Business Quant data shows TIGO's Gross Profit at $3.8 billion in Q4 2023, $1.1 billion in Q3 2023, and $1.0 billion in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 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 |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn |
| 10 | Millicom International Cellular | 15.93 Bn | 14.66 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.79 Bn |
| Dec 31, 2023 | 3.79 Bn |
| Sep 30, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.06 Bn |
| Jun 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 1.01 Bn |
| Mar 31, 2023 | 998.00 Mn |
| Mar 31, 2023 | 998.00 Mn |
| Dec 31, 2022 | 3.11 Bn |
| Dec 31, 2022 | 3.11 Bn |
| Sep 30, 2022 | 1.02 Bn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.04 Bn |
| Mar 31, 2022 | 1.04 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Sep 30, 2021 | 718.00 Mn |
| Sep 30, 2021 | 718.00 Mn |