Millicom International Cellular Income Statement (2009-2025) | TIGO

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Income Statement	Mar2009	Jun2009	Sep2009	Dec2009	Mar2010	Jun2010	Sep2010	Dec2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Dec2016	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025
Revenue & cost
Revenue	0.83B	0.81B	0.86B	0.97B	0.91B	0.93B	1.02B	1.07B	1.09B	1.12B	1.15B	1.18B	1.17B	1.18B	0.45B	1.06B	1.01B	1.00B	0.99B	0.98B	1.03B	1.05B	1.10B	1.15B	1.09B	0.97B	1.03B	3.08B	1.00B	1.00B	1.01B	1.25B	1.41B	1.45B	1.39B	1.38B	1.37B	1.39B	1.42B	1.48B	1.49B	1.46B	1.43B	1.43B	1.37B	1.37B	1.42B
Cost of Revenue	0.02B	0.28B	0.30B	0.18B	0.32B	0.32B	0.34B	0.21B	0.36B	0.03B	0.21B	0.21B	0.42B	0.43B		0.32B	0.28B	0.29B	0.28B	0.28B	0.29B	0.30B	0.30B	0.31B	0.30B	0.30B	0.29B	0.28B	0.28B	0.28B	0.29B	0.35B	0.37B	0.40B	0.37B	0.37B	0.37B	0.38B	0.36B	0.39B
Gross Profit	0.50B	0.53B	0.55B	0.59B	0.59B	0.61B	0.68B	0.71B	0.72B	0.73B	0.75B	0.77B	0.75B	0.75B		0.73B	0.74B	0.71B	0.71B	0.70B	0.74B	0.76B	0.80B	0.84B	0.78B	0.67B	0.74B	0.80B	0.72B	0.71B	0.72B	0.91B	1.04B	1.05B	1.02B	1.01B	1.00B	1.01B	1.06B	1.08B
Operating items
Selling, General & Administrative	0.11B	0.15B	0.16B	0.13B	0.17B	0.16B	0.19B	0.14B	0.19B	0.20B	0.17B	-0.17B	-0.22B	-0.23B
Other Operating Expenses									0.00B	-0.00B			-0.00B	-0.01B		0.04B	0.00B	0.03B	0.04B	0.01B	-0.01B	0.00B	-0.00B	-0.04B	0.00B	0.02B	0.01B	-0.04B	0.02B	-0.02B	0.03B	0.01B	0.00B	-0.12B	-0.01B	0.01B	0.00B	0.00B	0.00B	0.00B	-0.01B	0.00B	0.03B	0.04B	0.07B		-0.00B
Operating Expenses	0.11B	0.15B	0.16B	0.13B	0.17B	0.16B	0.19B	0.14B	0.19B	0.20B	0.17B	-0.17B	-0.22B	-0.23B		-0.40B	-0.41B	-0.39B	-0.39B	-0.45B	-0.37B	-0.42B	-0.39B	-0.41B	-0.40B	-0.33B	-0.37B	-0.41B	-0.36B	-0.37B	-0.37B	-0.45B	-0.47B	-0.47B	-0.48B	-0.46B	-0.49B	-0.50B	-0.53B	-0.53B	-0.47B	-0.47B	-0.50B	-0.47B	-0.42B	-0.42B	-0.41B
Operating Income	0.22B	0.21B	0.22B	0.24B	0.24B	0.26B	0.27B	0.28B	0.31B	0.29B	0.32B	0.33B	0.30B	0.28B		0.19B	0.16B	0.17B	0.21B	0.11B	0.16B	0.11B	0.18B	0.13B	0.13B	0.09B	0.10B	0.12B	0.10B	0.12B	0.19B	0.20B	0.23B	0.25B	0.20B	0.24B	0.19B	0.20B	0.21B	0.23B	0.32B	0.34B	0.30B	0.37B	0.42B	0.36B	0.39B
EBIT	0.22B	0.21B	0.22B	0.24B	0.24B	0.26B	0.27B	0.28B	0.31B	0.29B	0.32B	0.33B	0.30B	0.28B		0.19B	0.16B	0.17B	0.21B	0.11B	0.16B	0.11B	0.18B	0.13B	0.13B	0.09B	0.10B	0.12B	0.10B	0.12B	0.19B	0.20B	0.23B	0.25B	0.20B	0.24B	0.19B	0.20B	0.21B	0.23B	0.32B	0.34B	0.30B	0.37B	0.42B	0.36B	0.39B
Non-operating items
Interest & Investment Income	-0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B		0.00B	0.00B	0.01B	0.01B	0.01B	-0.00B	0.00B	0.01B	0.01B	-0.01B	0.00B	0.00B	0.01B	0.00B	0.00B	0.02B	0.00B	-0.00B	0.00B	0.00B	0.01B	-0.01B	0.00B	0.01B	0.01B	0.02B	0.01B	0.01B	0.01B	-0.00B	0.00B	0.01B
Other Non Operating Income	0.03B	0.03B	0.03B	-0.00B	0.00B	0.03B	0.08B	0.05B	-0.04B	-0.04B	0.03B	-0.04B	0.05B	0.07B		0.00B	0.03B	-0.01B	-0.01B	-0.05B	0.01B	0.03B	-0.13B	0.31B	-0.16B	0.02B	-0.01B	0.04B	0.06B	-0.07B	-0.02B	-0.01B	0.00B	-0.01B	-0.04B	-0.04B	0.02B	0.01B	0.00B	0.01B	0.01B	-0.01B	-0.01B	-0.09B	-0.03B	-0.02B	-0.08B
Non Operating Income	-0.03B	0.01B	0.01B	-0.03B	0.00B	-0.03B			0.02B	-0.00B						-0.38B	-0.08B	-0.08B	-0.09B	-0.35B	-0.14B	-0.13B	-0.13B	-0.15B	-0.14B	-0.17B	-0.14B	-0.16B	-0.13B	-0.11B	-0.10B	-0.47B	-0.14B	-0.16B	-0.16B	-0.60B	-0.17B	-0.17B	-0.18B	-0.17B	-0.16B	-0.18B	-0.17B	-0.16B	-0.16B	-0.17B
Net income details
EBT	0.19B	0.16B	0.18B	0.20B	0.20B	0.18B	1.18B	0.28B	0.31B	0.21B	0.30B	0.24B	0.20B	0.29B		0.08B	0.09B	-0.00B	0.07B	-0.07B	0.04B	-0.01B	-0.10B	0.28B	-0.17B	-0.05B	-0.05B	0.00B	0.03B	-0.07B	0.04B	-0.00B	0.10B	0.07B	0.00B	0.06B	0.04B	0.03B	0.04B	0.07B	0.15B	0.16B	0.12B	0.12B	0.29B	0.77B	0.29B
Tax Provisions																					-0.02B	-0.02B	-0.05B	-0.03B	0.02B	-0.07B	0.00B	-0.05B	-0.02B	-0.03B	-0.01B	-0.09B	-0.07B	-0.08B	-0.05B	-0.02B	-0.06B	-0.08B	-0.06B	-0.22B	-0.07B	-0.08B	-0.07B	-0.07B	-0.07B	-0.10B	-0.09B
Profit After Tax	0.14B	0.10B	0.13B	0.45B	156.00	290.00	1.12B	0.21B	259.00	399.00	744.00	0.18B	95.00	307.00		0.08B	0.02B	-0.01B	0.07B	-0.11B	0.02B	-0.03B	-0.14B	0.25B	-0.15B	-0.12B	-0.05B	-0.05B	0.02B	-0.11B	0.02B	0.62B	0.03B	-0.01B	-0.05B	0.04B	-0.02B	-0.05B	-0.03B	-0.16B	0.08B	0.08B	0.06B	0.05B	0.22B	0.67B	0.20B
Income from Non-Controlling Interests	0.01B	-0.05B	-0.07B	0.01B	-0.09B	-0.09B	0.00B	0.01B	0.05B	0.06B	0.19B	-0.36B	0.20B	0.20B		0.01B	0.00B	-0.01B	0.00B	-0.02B	0.01B	-0.01B	-0.02B	0.02B	-0.03B	-0.00B	0.21B	0.04B	-0.02B	-0.01B	-0.00B	-0.02B	0.00B	-0.02B	0.04B	-0.01B	-0.02B	-0.03B	-0.02B	-0.09B	-0.01B	-0.09B	0.01B	0.02B	-0.03B	-0.04B	-0.03B
Income from Continuing Operations	0.19B	0.16B	0.18B	0.20B	0.20B	0.18B	1.18B	0.28B	0.31B	0.21B	0.30B	0.24B	0.20B	0.29B		0.08B	0.09B	-0.00B	0.07B	-0.07B	0.06B	0.02B	-0.05B	0.31B	-0.18B	0.01B	-0.05B	0.06B	0.05B	-0.04B	0.05B	0.09B	0.17B	0.15B	0.06B	0.09B	0.10B	0.11B	0.10B	0.29B	0.22B	0.23B	0.19B	0.19B	0.36B	0.88B	0.37B
Consolidated Net Income	-0.00B	0.16B	0.18B	0.20B	0.20B	0.18B	1.18B	0.28B	0.31B	0.21B	0.30B	0.24B	0.20B	0.29B		0.03B	-0.03B	-0.00B		-0.00B	0.00B	0.06B	-0.00B	-0.00B	-0.18B	-0.00B	-0.01B	-0.00B	0.01B	-0.01B	-0.02B	-0.02B	-0.01B	0.12B	0.00B		0.10B	0.11B	0.00B		0.22B	0.23B	0.19B	-0.00B	0.36B	0.88B	0.37B
Income towards Parent Company	0.14B	0.11B	0.14B	0.45B	0.16B	0.13B	1.21B	0.16B	0.26B	0.14B	0.29B	0.24B	0.09B	0.21B		0.07B	0.02B	-0.00B	0.07B	-0.09B	0.01B	0.04B	-0.13B	0.22B	-0.12B	-0.12B	-0.05B	-0.06B	0.04B	-0.10B	0.01B	0.64B	0.02B	0.13B	-0.03B	0.06B	0.00B	-0.02B		-0.06B	0.09B	0.08B	0.05B	0.03B	0.19B	0.68B	0.20B
Net Income towards Common Stockholders	0.14B	0.11B	0.14B	0.45B	0.16B	0.13B	1.21B	0.16B	0.26B	0.14B	0.29B	0.24B	0.09B	0.21B		0.07B	0.02B	-0.00B	0.07B	-0.09B	0.01B	0.04B	-0.13B	0.22B	-0.12B	-0.12B	-0.05B	-0.06B	0.04B	-0.10B	0.01B	0.64B	0.02B	0.13B	-0.03B	0.06B	0.00B	-0.02B		-0.06B	0.09B	0.08B	0.05B	0.03B	0.19B	0.68B	0.20B
Additional items
EPS (Basic)																2.76	0.10	0.00	0.10	-3.76	0.10	0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.10	0.00	0.13	0.00	0.13	0.00	0.00	0.06	0.15	0.00		0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding (Weighted Average)																0.03B	0.17B	100,790.00B	0.68B	0.03B	0.13B	0.44B	101,150.00B	1,480.00B	101,120.00B	101,150.00B	101,200.00B	101,200.00B	0.41B	129,100.00B	0.04B	5,040.00B	0.18B	1,140.00B	170,870.00B	0.94B	0.02B	171,290.00B	171,610.00B	171,770.00B	171,350.00B	171,300.00B	171,340.00B	171,330.00B	169,240.00B	168,050.00B
EBITDA	0.35B	0.37B	0.42B	0.46B	0.45B	0.46B	484.00	497.00	509.00	513.00	529.00	0.00B	0.52B	513.00		0.19B	0.16B	0.17B	0.21B	0.11B	0.16B	0.11B	0.18B	0.13B	0.13B	0.09B	0.10B	0.12B	0.10B	0.12B	0.19B	0.20B	0.23B	0.25B	0.20B	0.24B	0.19B	0.20B	0.21B	0.23B	0.32B	0.34B	0.30B	0.37B	0.42B	0.36B	0.39B
Interest Expenses	0.04B	0.04B	0.04B	0.05B	0.04B	0.05B	0.06B	0.06B	0.05B	0.04B	0.05B	-0.05B	-0.05B	-0.05B		-0.09B	-0.09B	-0.09B	-0.10B	-0.10B	-0.14B	-0.13B	-0.14B	-0.16B	-0.15B	-0.17B	-0.14B	-0.17B	-0.13B	-0.12B	-0.12B	-0.13B	-0.14B	-0.17B	-0.16B	-0.15B	-0.17B	-0.18B	-0.18B	-0.18B	-0.18B	-0.19B	-0.17B	-0.17B	-0.16B	-0.17B	-0.17B
Tax Rate																					-43.90%	480.00%	48.96%	-11.19%	-9.58%	122.64%	-1.89%	-5,400.00%	-66.67%	48.53%	-34.29%	3,066.67%	-69.70%	-109.86%	-1,325.00%	-34.38%	-151.28%	-245.45%	-169.44%	-337.88%	-46.41%	-50.00%	-53.66%	-55.37%	-24.48%	-13.18%	-29.41%

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Millicom International Cellular Income Statement (2009-2025) | TIGO

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