TIGO FY 2023 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

FY 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$5.7B+0.7% YoY

Gross Profit

$2.2B38.9% margin

Operating Income

$773M13.7% margin

Net Income

-$82M-1.4% margin

EPS (Diluted)

$-0.48

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$40M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$11.1B

Stockholders' Equity

$3.5B

Cash & Equivalents

$775M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.7B	$5.6B	+0.7%
Gross Profit	$2.2B	$4.1B	-46.5%
Operating Income	$773M	$915M	-15.5%
Net Income	-$82M	$57M	-243.9%