Millicom International Cellular (TIGO) Gross Profit (2009 - 2023)
Millicom International Cellular's (TIGO) quarterly Gross Profit came in at $3.8 billion in Q4 2023, up 22.03% YoY from $3.1 billion in Q4 2022, and up 257.92% on a QoQ basis from $1.1 billion in Q3 2023.
Millicom International Cellular (TIGO) Gross Profit (2009 - 2023) Analysis & Trends
Millicom International Cellular (TIGO) has 11 years of Gross Profit data on file, last reported at $3.8 billion in 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 improved to $3.8 billion in Q4 2023, from $1.1 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $4.1 billion in Q4 2020 to a low of $673.0 million in Q2 2020.
- A 5-year average of $1.5 billion and a median of $1.0 billion in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2019 — Gross Profit plunged 48.33% — and 2020, when it jumped 80.39%.
- Tracing TIGO's Gross Profit over 5 years: stood at $2.3 billion in 2019, then jumped by 80.39% to $4.1 billion in 2020, then declined by 26.01% to $3.1 billion in 2021, then gained by 1.5% to $3.1 billion in 2022, then grew by 22.03% to $3.8 billion in 2023.
- The last three Gross Profit figures came in at $3.8 billion (Q4 2023), $1.1 billion (Q3 2023), and $1.0 billion (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn |
| 10 | Millicom International Cellular | 15.70 Bn | 14.71 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 | 3.06 Bn |
| Dec 31, 2021 | 3.06 Bn |
| Sep 30, 2021 | 718.00 Mn |
| Sep 30, 2021 | 718.00 Mn |