TIGO
Company Description
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in 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 | N/A | N/A |
| FCF / Share | 7.04 | 6.59 | 0.23 | 1.52 | 0.29 | -0.02 | 2.34 | 0.09 | 0.29 | 0.13 | N/A | N/A |
| Operating CF | 1.83B | 1.67B | 1.22B | 1.28B | 956.00M | 821.00M | 1.04B | 792.00M | 820.00M | 878.00M | N/A | N/A |
| Total Assets | 17.25B | 13.74B | 14.52B | 14.20B | 15.14B | 12.42B | 12.89B | 10.31B | 9.46B | 9.63B | N/A | N/A |
| Total Debt | 9.47B | 6.77B | 7.74B | 7.82B | 8.91B | 6.71B | 7.04B | 4.58B | 4.15B | 3.90B | N/A | N/A |
| Cash & Equiv | 1.60B | 699.00M | 775.00M | 1.04B | 895.00M | 875.00M | 1.16B | 528.00M | 619.00M | 646.00M | N/A | N/A |
| Book Value | 3.64B | 3.63B | 3.53B | 3.60B | 2.58B | 2.06B | 2.41B | 2.54B | 3.10B | 3.17B | N/A | N/A |
| Return on Equity | 0.36 | 0.07 | -0.02 | 0.02 | 0.23 | -0.17 | 0.03 | 0.01 | 0.02 | -0.01 | N/A | N/A |
| 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 |
