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	1.01B	806.23M	715.83M	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	3.52B	3.11B	2.66B	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	2.27B	2.06B	1.80B	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	1.56B	1.38B	1.18B	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	N/A	2.17B	1.87B	1.85B	1.80B	76.00M	78.00M	-8.00M	-15.00M	12.00M	-1.00M	2.00M	-14.00M	-31.52M	138.00K	-117.03M	10.17M	10.95M	-23.29M	-39.08M	182.76M	-170.43M	-44.85M	484.44M	102.92M	27.00M	48.20M	-38.80M	-20.80M	21.40M
Operating Income	826.00M	915.00M	659.00M	446.00M	575.00M	655.00M	629.00M	482.00M	791.00M	924.00M	781.00M	1.10B	1.26B	1.04B	851.02M	867.28M	662.93M	441.29M	202.17M	248.88M	160.30M	8.73M	57.74M	-50.62M	6.07M	47.70M	46.60M	33.40M	-1.50M	-600.00K
Other Expenses / Income	-651.00M	-677.00M	-61.00M	-655.00M	-357.00M	-521.00M	-460.00M	-381.00M	-874.00M	2.11B	-171.00M	-184.00M	-186.00M	796.21M	-159.44M	-147.21M	-123.48M	-87.29M	-104.17M	-101.55M	85.58M	-241.70M	-187.57M	428.71M	-13.59M	27.00M	-108.53M	-38.80M	-20.80M	21.40M
Before Tax Income	175.00M	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	-19.00M	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	925.00M	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	135.93M	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	127.87M	127.81M	127.56M	127.35M	127.12M	129.07M	132.47M	137.85M	138.29M	137.40M	128.76M	114.50M	130.90M	106.24M	83.19M	60.06M	83.11M	82.91M	82.61M	82.91M	82.02M	80.90M	80.60M	76.80M
Diluted Shares Outstanding	171.40M	139.69M	164.47M	128.87M	128.83M	128.39M	127.87M	127.81M	127.57M	127.40M	127.19M	129.19M	132.47M	138.07M	138.57M	138.39M	137.63M	115.19M	130.90M	114.97M	102.54M	60.06M	83.11M	84.06M	82.61M	82.91M	82.02M	80.90M	80.60M	76.80M
EBITDA	2.11B	2.17B	2.16B	1.38B	1.73B	1.26B	1.31B	1.25B	2.22B	2.10B	1.37B	1.95B	2.00B	2.73B	1.48B	1.33B	1.02B	699.04M	416.65M	419.88M	288.87M	148.05M	211.93M	123.64M	108.99M	127.70M	94.80M	61.30M	17.10M	8.80M
EBITDA Margin	37.22%	38.53%	46.81%	32.99%	39.92%	31.04%	31.79%	28.58%	32.97%	32.85%	26.54%	40.53%	44.08%	69.64%	43.78%	38.91%	38.69%	44.35%	38.45%	45.57%	44.64%	24.46%	32.88%	21.66%	19.73%	28.51%	27.29%	28.43%	13.01%	10.81%
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	704.67M	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%	20.65%	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