Millicom International Cellular S.A.

NasdaqGS TIGO

Millicom International Cellular S.A. Gross Profit Margin for the year ending December 31, 2023: 38.90%

Millicom International Cellular S.A. Gross Profit Margin is 38.90% for the year ending December 31, 2023, a -46.88% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Millicom International Cellular S.A. Gross Profit Margin for the year ending December 31, 2022 was 73.22%, a 1.98% change year over year.
Millicom International Cellular S.A. Gross Profit Margin for the year ending December 31, 2021 was 71.80%, a -0.17% change year over year.
Millicom International Cellular S.A. Gross Profit Margin for the year ending December 31, 2020 was 71.93%, a -0.52% change year over year.
Millicom International Cellular S.A. Gross Profit Margin for the year ending December 31, 2019 was 72.30%, a 0.59% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NasdaqGS: TIGO

Millicom International Cellular S.A.

CEO	Mr. Marcelo Benitez
IPO Date	Jan. 9, 2019
Location	Luxembourg
Headquarters	2, Rue du Fort Bourbon
Employees	15,000
Sector	Technology
Industries Internet Services & Media Broadband Services Telecommunications & Networking

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.

Key trends

Past 5 years