TIGO | Millicom International Cellular S.A. Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	5.66B	5.62B	4.62B	4.17B	4.34B	4.08B	4.13B	4.37B	6.73B	6.39B	5.16B	4.81B	4.53B	3.92B	3.37B	3.41B	2.63B	1.58B	1.08B	921.47M	647.10M	605.19M	644.57M	570.84M	552.40M	447.90M	347.40M	215.60M	131.40M	81.40M
Cost of Revenue	3.46B	1.51B	1.30B	1.17B	1.20B	1.15B	1.22B	1.28B	1.85B	2.52B	2.04B	1.74B	1.56B	1.33B	1.20B	1.26B	980.06M	616.74M	356.06M	388.33M	258.00M	164.71M	185.25M	158.03M	197.36M	159.30M	130.00M	85.00M	52.90M	34.50M
Gross Profit	2.20B	4.12B	3.31B	3.00B	3.13B	2.93B	2.92B	3.10B	4.88B	3.86B	3.12B	3.08B	2.97B	2.59B	2.17B	2.16B	1.65B	959.36M	727.61M	533.13M	389.10M	440.48M	459.32M	412.81M	355.04M	288.60M	217.40M	130.60M	78.50M	46.90M
Operating Expenses	1.43B	3.24B	2.87B	2.73B	2.70B	2.50B	2.48B	2.73B	4.08B	2.94B	2.34B	1.97B	1.71B	1.55B	1.32B	1.29B	987.63M	518.07M	369.58M	284.25M	228.80M	431.75M	401.58M	432.49M	348.97M	240.90M	170.80M	97.20M	80.00M	47.50M
Selling, General & Admin	1.43B	1.06B	998.00M	874.00M	899.00M	1.07B	1.05B	1.15B	1.68B	2.71B	2.17B	1.87B	1.66B	1.48B	1.25B	1.23B	987.63M	530.21M	299.76M	250.10M	196.02M	190.53M	200.06M	183.68M	246.06M	160.90M	122.60M	69.30M	61.40M	38.10M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	193.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	11.00M	2.17B	1.87B	1.85B	1.80B	76.00M	1.44B	1.58B	2.21B	228.00M	162.00M	103.00M	52.04M	71.05M	65.58M	61.44M	N/A	-12.13M	69.81M	34.15M	32.78M	241.22M	201.51M	248.82M	102.92M	80.00M	48.20M	27.90M	18.60M	9.40M
Operating Income	773.00M	915.00M	659.00M	446.00M	575.00M	655.00M	629.00M	367.00M	791.00M	924.00M	781.00M	1.10B	1.26B	1.04B	851.02M	867.28M	662.93M	441.29M	358.03M	248.88M	160.30M	8.73M	57.74M	-19.68M	6.07M	47.70M	46.60M	33.40M	-1.50M	-600.00K
Other Expenses / Income	-637.00M	-677.00M	73.00M	-717.00M	-357.00M	54.00M	-474.00M	-296.00M	-944.00M	2.11B	-394.00M	-207.00M	-185.83M	828.43M	-159.44M	-163.08M	-123.48M	-87.29M	-289.49M	-104.95M	85.58M	-241.70M	-187.57M	397.77M	-13.59M	27.00M	-141.00M	-38.80M	-20.80M	21.40M
Before Tax Income	136.00M	238.00M	732.00M	-271.00M	218.00M	129.00M	155.00M	71.00M	-153.00M	3.04B	387.00M	897.00M	1.07B	1.87B	691.59M	704.21M	539.44M	354.00M	68.53M	143.93M	245.89M	-232.97M	-129.84M	378.08M	-7.52M	74.70M	-94.40M	-5.40M	-22.30M	20.80M
Income Tax Expenses	424.00M	222.00M	189.00M	102.00M	120.00M	116.00M	158.00M	180.00M	291.00M	256.00M	182.00M	393.00M	-18.35M	227.10M	188.00M	277.37M	87.08M	118.20M	65.30M	58.90M	52.37M	22.73M	8.22M	26.26M	18.57M	20.50M	16.60M	12.70M	7.60M	10.40M
Net Income	-82.00M	16.00M	590.00M	-373.00M	98.00M	-10.00M	85.00M	-32.00M	-559.00M	2.64B	229.00M	508.00M	924.51M	1.65B	850.79M	291.37M	697.14M	168.95M	10.04M	68.24M	178.82M	-278.20M	-138.05M	355.39M	-26.09M	54.20M	-111.00M	-18.10M	-29.90M	10.40M
Interest Expenses	711.00M	558.00M	476.00M	542.00M	505.00M	326.00M	316.00M	394.00M	442.00M	426.00M	276.00M	220.00M	187.00M	214.81M	173.47M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	171.40M	139.05M	163.77M	128.87M	128.83M	128.39M	100.38M	100.34M	100.14M	99.98M	99.80M	101.33M	104.00M	108.22M	108.57M	107.87M	101.04M	100.56M	100.43M	83.22M	65.31M	65.27M	65.25M	65.09M	64.86M	65.11M	64.35M	63.51M	63.28M	60.29M
Diluted Shares Outstanding	171.40M	139.69M	164.47M	128.87M	128.83M	128.39M	100.38M	100.34M	100.15M	100.02M	99.86M	101.42M	104.00M	108.40M	108.79M	108.65M	105.47M	101.17M	100.43M	88.62M	80.50M	65.27M	65.25M	65.99M	64.86M	65.11M	64.35M	63.51M	63.28M	60.29M
EBITDA	2.11B	2.24B	1.79B	1.59B	1.62B	1.32B	1.44B	1.47B	1.50B	4.48B	1.56B	1.93B	1.83B	2.77B	1.82B	1.08B	1.14B	544.91M	293.93M	298.13M	359.76M	-116.15M	24.36M	524.98M	95.40M	154.70M	-46.20M	22.50M	-3.70M	30.20M
EBITDA Margin	37.29%	39.81%	38.70%	38.07%	37.29%	32.52%	34.79%	33.70%	22.21%	70.20%	30.28%	40.13%	40.45%	70.69%	54.07%	31.79%	43.30%	34.57%	27.12%	32.35%	55.60%	-19.19%	3.78%	91.97%	17.27%	34.54%	-13.30%	10.44%	-2.82%	37.10%
EBIT	1.05B	796.00M	1.25B	271.00M	723.00M	432.00M	559.00M	542.00M	174.00M	3.33B	687.00M	1.12B	1.09B	2.09B	1.21B	568.74M	784.22M	287.15M	75.34M	127.14M	231.19M	-255.47M	-129.84M	381.65M	-7.52M	74.70M	-94.40M	-5.40M	-22.30M	20.80M
EBIT Margin	18.60%	14.15%	27.18%	6.50%	16.67%	10.60%	13.53%	12.39%	2.59%	52.07%	13.32%	23.29%	24.13%	53.42%	35.94%	16.67%	29.81%	18.22%	6.95%	13.80%	35.73%	-42.21%	-20.14%	66.86%	-1.36%	16.68%	-27.17%	-2.50%	-16.97%	25.55%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31