# Millicom International Cellular S.A. (TIGO)

> Communication Services · LU · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TIGO/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 4.16B | $ 218.00M | $ 913.03M | $ 11.90B | $ 2.53B |
| 2025 | $ 5.96B | $ 1.35B | $ 1.20B | $ 9.47B | $ 3.64B |
| 2024 | $ 6.10B | $ 265.92M | $ 1.03B | $ 6.77B | $ 3.63B |
| 2023 | $ 6.12B | $ -89.74M | $ 354.21M | $ 7.74B | $ 3.53B |
| 2022 | $ 6.28B | $ 64.79M | $ 540.03M | $ 7.82B | $ 3.61B |
| 2021 | $ 5.06B | $ 701.30M | $ 225.21M | $ 8.91B | $ 2.58B |
| 2020 | $ 5.31B | $ -438.23M | $ 206.78M | $ 6.71B | $ 2.06B |
| 2019 | $ 5.60B | $ 103.26M | $ -136.82M | $ 7.04B | $ 2.41B |
| 2018 | $ 5.30B | $ 23.77M | $ 15.85M | $ 4.58B | $ 2.54B |
| 2017 | $ 5.55B | $ 64.66M | $ 49.84M | $ 4.15B | $ 3.10B |
| 2016 | $ 6.02B | $ -66.04M | $ 22.01M | $ 3.90B | $ 3.17B |
| 2015 | $ 9.45B | $ -785.14M | $ 626.20M | $ 4.01B | $ 3.48B |
| 2014 | $ 9.02B | $ 3.73B | $ 233.15M | $ 4.83B | $ 2.34B |
| 2013 | $ 7.34B | $ 325.69M | $ 214.76M | $ 4.16B | $ 1.93B |
| 2012 | $ 6.95B | $ 733.16M | $ 1.32B | $ 3.26B | $ 2.02B |
| 2011 | $ 6.65B | $ 1.36B | $ 1.23B | $ 2.44B | $ 2.25B |
| 2010 | $ 5.94B | $ 2.50B | $ 1.50B | $ 2.35B | $ 3.11B |
| 2009 | $ 5.21B | $ 1.29B | $ 1.63B | $ 2.35B | $ 2.38B |
| 2008 | $ 5.17B | $ 441.17M | $ 519.12M | $ 2.16B | $ 1.68B |
| 2007 | $ 3.98B | $ 1.04B | $ 1.68B | $ 1.83B | $ 1.29B |
| 2006 | $ 2.39B | $ 255.81M | $ -106.99M | $ 1.49B | $ 504.87M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 4.70 |
| Liabilities / Eq | 7.18 |
| Current Ratio | 0.53 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 56.96 |
| Gross Debt / FCF | 26.30 |

## Other views

- [Metrics](https://sponda.capital/en/TIGO.md)
- [Charts](https://sponda.capital/en/TIGO/charts.md)
- [Compare](https://sponda.capital/en/TIGO/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-30.