TIGO
Company Description
Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.82B | 5.80B | 5.66B | 5.62B | 4.26B | 4.17B | 4.34B | 3.95B | 4.08B | 4.11B | 6.57B | 6.39B |
| Net Income | 1.32B | 253.00M | (82.00M) | 57.00M | 590.00M | (344.00M) | 75.00M | 19.00M | 47.00M | (45.00M) | (559.00M) | 2.62B |
| EPS | 7.86 | 1.48 | -0.48 | 0.41 | 3.60 | -2.67 | 0.58 | 0.15 | 0.37 | -0.35 | -4.38 | 20.57 |
| Free Cash Flow | 1.18B | 1.13B | 40.00M | 212.00M | 48.00M | (3.00M) | 302.00M | 12.00M | 37.00M | 16.00M | 446.00M | 146.00M |
| FCF / Share | 7.04 | 6.59 | 0.23 | 1.52 | 0.29 | -0.02 | 2.34 | 0.09 | 0.29 | 0.13 | 3.50 | 1.15 |
| Operating CF | 1.83B | 1.67B | 1.22B | 1.28B | 956.00M | 821.00M | 1.04B | 792.00M | 820.00M | 878.00M | 1.65B | 1.46B |
| Total Assets | 17.25B | 13.74B | 14.52B | 14.20B | 15.14B | 12.42B | 12.89B | 10.31B | 9.46B | 9.63B | 10.39B | 13.42B |
| Total Debt | 9.47B | 6.77B | 7.74B | 7.82B | 8.91B | 6.71B | 7.04B | 4.58B | 4.15B | 3.90B | 4.01B | 4.83B |
| Cash & Equiv | 1.60B | 699.00M | 775.00M | 1.04B | 895.00M | 875.00M | 1.16B | 528.00M | 619.00M | 646.00M | 769.00M | 694.00M |
| Book Value | 3.64B | 3.63B | 3.53B | 3.60B | 2.58B | 2.06B | 2.41B | 2.54B | 3.10B | 3.17B | 3.48B | 2.34B |
| Return on Equity | 0.36 | 0.07 | -0.02 | 0.02 | 0.23 | -0.17 | 0.03 | 0.01 | 0.02 | -0.01 | -0.16 | 1.12 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.98B | 1.65B | 1.42B | 1.37B | 1.37B | 1.43B | 1.43B | 1.46B | 1.49B | 1.48B | 1.42B | 1.39B |
| Net Income | 109.00M | 252.00M | 195.00M | 676.00M | 193.00M | 32.00M | 51.00M | 78.00M | 92.00M | (63.00M) | (1.00M) | (22.00M) |
| EPS | 0.65 | 1.51 | 1.17 | 4.05 | 1.14 | 0.18 | 0.30 | 0.46 | 0.54 | -0.37 | 0.00 | -0.13 |
| Free Cash Flow | 449.00M | 291.00M | 338.60M | 310.14M | 232.00M | 278.72M | 284.00M | 299.00M | 117.00M | 182.60M | 128.00M | 2.00M |
| FCF / Share | 2.68 | 1.73 | 2.01 | 1.86 | 1.37 | 1.63 | 1.66 | 1.75 | 0.68 | 1.06 | 0.75 | 0.01 |
| Operating CF | 618.00M | 477.00M | 507.18M | 494.91M | 364.00M | 435.34M | 433.00M | 476.00M | 248.00M | 389.28M | 347.00M | 278.00M |
| Total Assets | 20.75B | 17.25B | 15.59B | 15.00B | 13.66B | 13.74B | 14.07B | 14.19B | 14.35B | 14.52B | 14.46B | 14.45B |
| Total Debt | 11.72B | 9.47B | 8.44B | 7.93B | 7.12B | 6.77B | 7.25B | 7.47B | 7.68B | 7.74B | 7.74B | 7.76B |
| Cash & Equiv | 1.22B | 1.60B | 1.71B | 1.28B | 534.00M | 699.00M | 803.00M | 792.00M | 622.00M | 775.00M | 759.00M | 697.00M |
| Book Value | 3.14B | 3.64B | 3.34B | 3.54B | 3.39B | 3.63B | 3.81B | 3.68B | 3.60B | 3.53B | 3.64B | 3.62B |
| Return on Equity | 0.03 | 0.07 | 0.06 | 0.19 | 0.06 | 0.01 | 0.01 | 0.02 | 0.03 | -0.02 | -0.00 | -0.01 |
