TIGO Q2 2022 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q2 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.4B+44.6% YoY

Gross Profit

$710M49.1% margin

Operating Income

$235M16.2% margin

Net Income

$9M0.6% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$291M

Free Cash Flow

$81M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$14.3B

Total Liabilities

$10.7B

Stockholders' Equity

$3.6B

Cash & Equivalents

$776M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.0B	+44.6%
Gross Profit	$710M	$451M	+57.4%
Operating Income	$235M	$78M	+201.3%
Net Income	$9M	-$100M	+109.0%