What is Millicom Intl Cellular S A's earnings per share (EPS)?

Millicom Intl Cellular S A (MLCMF) reported diluted earnings per share of $1.48 for fiscal year 2024. This represents a 396.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Millicom Intl Cellular S A Financials

MLCMF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Millicom Intl Cellular S A (MLCMF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 49/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Millicom Intl Cellular S A's revenue grew a modest 2.5% year-over-year to $5.8B. This slow but positive growth earns a score of 38/100.

Leverage

Millicom Intl Cellular S A carries a low D/E ratio of 0.22, meaning only $0.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Millicom Intl Cellular S A's current ratio of 0.73 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 9/100, which could limit financial flexibility.

Cash Flow

Millicom Intl Cellular S A converts 18.3% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 71/100.

Returns

Millicom Intl Cellular S A generates a 7.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 28/100. This is up from -7.1% the prior year.

Piotroski F-Score Strong

7/9

Millicom Intl Cellular S A passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

5.98x

For every $1 of reported earnings, Millicom Intl Cellular S A generates $5.98 in operating cash flow ($1.6B OCF vs $268.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$5.8B

YoY+2.5%

5Y CAGR+6.0%

Millicom Intl Cellular S A generated $5.8B in revenue in fiscal year 2024. This represents an increase of 2.5% from the prior year.

EBITDA

N/A

Net Income

$268.0M

YoY+209.4%

5Y CAGR+11.7%

Millicom Intl Cellular S A reported $268.0M in net income in fiscal year 2024. This represents an increase of 209.4% from the prior year.

EPS (Diluted)

$1.48

YoY+396.0%

5Y CAGR+10.0%

Millicom Intl Cellular S A earned $1.48 per diluted share (EPS) in fiscal year 2024. This represents an increase of 396.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.1B

YoY+159.9%

5Y CAGR+74.9%

Millicom Intl Cellular S A generated $1.1B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 159.9% from the prior year.

Cash & Debt

$699.0M

YoY-9.8%

5Y CAGR-9.7%

Millicom Intl Cellular S A held $699.0M in cash against $798.0M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

172M

YoY+0.0%

5Y CAGR+11.1%

Millicom Intl Cellular S A had 172M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

4.6%

YoY+8.9pp

5Y CAGR+1.1pp

Millicom Intl Cellular S A's net profit margin was 4.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 8.9 percentage points from the prior year.

Return on Equity

7.5%

YoY+14.6pp

5Y CAGR+1.7pp

Millicom Intl Cellular S A's ROE was 7.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 14.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$72.0M

YoY+620.0%

5Y CAGR+55.2%

Millicom Intl Cellular S A spent $72.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 620.0% from the prior year.

Capital Expenditures

$540.0M

YoY-33.7%

5Y CAGR-6.0%

Millicom Intl Cellular S A invested $540.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 33.7% from the prior year.

MLCMF Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$5.8B+2.5%	$5.7B+0.7%	$5.6B+32.0%	$4.3B+12.0%	$3.8B-12.2%	$4.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$122.0M+4.3%	$117.0M-5.6%	$124.0M+9.7%	$113.0M+0.9%	$112.0M-28.7%	$157.0M
Income Tax	$281.0M-33.7%	$424.0M+91.0%	$222.0M+40.5%	$158.0M+119.4%	$72.0M-40.0%	$120.0M
Net Income	$268.0M+209.4%	-$245.0M-289.9%	$129.0M-76.2%	$542.0M+240.8%	-$385.0M-350.0%	$154.0M
EPS (Diluted)	$1.48+396.0%	$-0.50-208.7%	$0.46-90.4%	$4.79+317.7%	$-2.20-339.1%	$0.92

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MLCMF Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$13.7B-5.4%	$14.5B+2.2%	$14.2B-6.2%	$15.1B+21.9%	$12.4B-3.7%	$12.9B
Current Assets	$1.8B-8.5%	$1.9B-7.3%	$2.1B-8.3%	$2.3B-2.4%	$2.3B-13.0%	$2.7B
Cash & Equivalents	$699.0M-9.8%	$775.0M-25.4%	$1.0B+16.1%	$895.0M+2.3%	$875.0M-24.8%	$1.2B
Inventory	$44.0M-2.2%	$45.0M-15.1%	$53.0M-15.9%	$63.0M+70.3%	$37.0M+15.6%	$32.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$4.1B-0.3%	$4.1B+1.2%	$4.1B-1.0%	$4.1B+147.0%	$1.7B-1.5%	$1.7B
Total Liabilities	$10.2B-8.2%	$11.1B+4.8%	$10.6B-14.8%	$12.4B+22.2%	$10.1B-0.7%	$10.2B
Current Liabilities	$2.4B+3.2%	$2.3B+9.9%	$2.1B-52.8%	$4.5B+72.0%	$2.6B+7.9%	$2.4B
Long-Term Debt	$798.0M-6.6%	$854.0M+0.1%	$853.0M-14.4%	$996.0M+11.0%	$897.0M-9.2%	$988.0M
Total Equity	$3.6B+3.7%	$3.4B-5.2%	$3.6B+32.6%	$2.7B+20.5%	$2.3B-15.1%	$2.7B
Retained Earnings	N/A	N/A	N/A	$2.0B-14.6%	$2.4B+6.4%	$2.2B

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Total Assets	$13.7B-5.4%	$14.5B+2.2%	$14.2B-6.2%	$15.1B+21.9%	$12.4B-3.7%	$12.9B+25.0%	$10.3B+9.0%	$9.5B
Current Assets	$1.8B-8.5%	$1.9B-7.3%	$2.1B-8.3%	$2.3B-2.4%	$2.3B-13.0%	$2.7B+73.9%	$1.5B-3.8%	$1.6B
Cash & Equivalents	$699.0M-9.8%	$775.0M-25.4%	$1.0B+16.1%	$895.0M+2.3%	$875.0M-24.8%	$1.2B+120.5%	$528.0M-14.7%	$619.0M
Inventory	$44.0M-2.2%	$45.0M-15.1%	$53.0M-15.9%	$63.0M+70.3%	$37.0M+15.6%	$32.0M-17.9%	$39.0M-13.3%	$45.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$4.1B-0.3%	$4.1B+1.2%	$4.1B-1.0%	$4.1B+147.0%	$1.7B-1.5%	$1.7B+57.5%	$1.1B+78.5%	$599.0M
Total Liabilities	$10.2B-8.2%	$11.1B+4.8%	$10.6B-14.8%	$12.4B+22.2%	$10.1B-0.7%	$10.2B+35.8%	$7.5B+21.6%	$6.2B
Current Liabilities	$2.4B+3.2%	$2.3B+9.9%	$2.1B-52.8%	$4.5B+72.0%	$2.6B+7.9%	$2.4B-9.7%	$2.7B+34.5%	$2.0B
Long-Term Debt	$798.0M-6.6%	$854.0M+0.1%	$853.0M-14.4%	$996.0M+11.0%	$897.0M-9.2%	$988.0M	$0-100.0%	$3.8B
Total Equity	$3.6B+3.7%	$3.4B-5.2%	$3.6B+32.6%	$2.7B+20.5%	$2.3B-15.1%	$2.7B-4.0%	$2.8B-14.9%	$3.3B
Retained Earnings	N/A	N/A	N/A	$2.0B-14.6%	$2.4B+6.4%	$2.2B-12.3%	$2.5B-14.1%	$3.0B

MLCMF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$1.6B+31.1%	$1.2B-4.8%	$1.3B+34.3%	$956.0M+16.4%	$821.0M+2.5%	$801.0M
Capital Expenditures	$540.0M-33.7%	$814.0M+1.8%	$800.0M+8.1%	$740.0M+19.0%	$622.0M-15.5%	$736.0M
Free Cash Flow	$1.1B+159.9%	$409.0M-15.5%	$484.0M+124.1%	$216.0M+8.5%	$199.0M+206.2%	$65.0M
Investing Cash Flow	-$604.0M+45.9%	-$1.1B-1.1%	-$1.1B+59.2%	-$2.7B-446.1%	-$495.0M+67.0%	-$1.5B
Financing Cash Flow	-$1.1B-182.8%	-$377.0M-37600.0%	-$1.0M-100.1%	$1.8B+397.2%	-$598.0M-144.1%	$1.4B
Dividends Paid	N/A	N/A	$0	$0	$0-100.0%	$268.0M
Share Buybacks	$72.0M+620.0%	$10.0M+233.3%	$3.0M-94.4%	$54.0M+237.5%	$16.0M+100.0%	$8.0M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MLCMF Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	4.6%+8.9pp	-4.3%-6.6pp	2.3%-10.4pp	12.7%+22.8pp	-10.1%-13.7pp	3.5%
Return on Equity	7.5%+14.6pp	-7.1%-10.7pp	3.5%-16.2pp	19.8%+36.7pp	-16.9%-22.7pp	5.8%
Return on Assets	1.9%+3.6pp	-1.7%-2.6pp	0.9%-2.7pp	3.6%+6.7pp	-3.1%-4.3pp	1.2%
Current Ratio	0.73-0.1	0.82-0.2	0.97+0.5	0.50-0.4	0.88-0.2	1.10
Debt-to-Equity	0.22-0.0	0.25+0.0	0.23-0.1	0.36-0.0	0.39+0.0	0.37
FCF Margin	18.3%+11.1pp	7.2%-1.4pp	8.6%+3.5pp	5.1%-0.2pp	5.2%+3.7pp	1.5%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.73-0.1	0.82-0.2	0.97+0.5	0.50-0.4	0.88-0.2	1.10+0.5	0.57-0.2	0.80
Debt-to-Equity	0.22-0.0	0.25+0.0	0.23-0.1	0.36-0.0	0.39+0.0	0.37+0.4	0.00-1.2	1.15
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.73), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Millicom Intl Cellular S A's annual revenue?

Millicom Intl Cellular S A (MLCMF) reported $5.8B in total revenue for fiscal year 2024. This represents a 2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Millicom Intl Cellular S A's revenue growing?

Millicom Intl Cellular S A (MLCMF) revenue grew by 2.5% year-over-year, from $5.7B to $5.8B in fiscal year 2024.

Is Millicom Intl Cellular S A profitable?

Yes, Millicom Intl Cellular S A (MLCMF) reported a net income of $268.0M in fiscal year 2024, with a net profit margin of 4.6%.

How much debt does Millicom Intl Cellular S A have?

As of fiscal year 2024, Millicom Intl Cellular S A (MLCMF) had $699.0M in cash and equivalents against $798.0M in long-term debt.

What is Millicom Intl Cellular S A's net profit margin?

Millicom Intl Cellular S A (MLCMF) had a net profit margin of 4.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Millicom Intl Cellular S A's return on equity (ROE)?

Millicom Intl Cellular S A (MLCMF) has a return on equity of 7.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Millicom Intl Cellular S A's free cash flow?

Millicom Intl Cellular S A (MLCMF) generated $1.1B in free cash flow during fiscal year 2024. This represents a 159.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Millicom Intl Cellular S A's operating cash flow?

Millicom Intl Cellular S A (MLCMF) generated $1.6B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Millicom Intl Cellular S A's total assets?

Millicom Intl Cellular S A (MLCMF) had $13.7B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Millicom Intl Cellular S A's capital expenditures?

Millicom Intl Cellular S A (MLCMF) invested $540.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Millicom Intl Cellular S A buy back shares?

Yes, Millicom Intl Cellular S A (MLCMF) spent $72.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Millicom Intl Cellular S A have outstanding?

Millicom Intl Cellular S A (MLCMF) had 172M shares outstanding as of fiscal year 2024.

What is Millicom Intl Cellular S A's current ratio?

Millicom Intl Cellular S A (MLCMF) had a current ratio of 0.73 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Millicom Intl Cellular S A's debt-to-equity ratio?

Millicom Intl Cellular S A (MLCMF) had a debt-to-equity ratio of 0.22 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Millicom Intl Cellular S A's return on assets (ROA)?

Millicom Intl Cellular S A (MLCMF) had a return on assets of 1.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Millicom Intl Cellular S A's Piotroski F-Score?

Millicom Intl Cellular S A (MLCMF) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Millicom Intl Cellular S A's earnings high quality?

Millicom Intl Cellular S A (MLCMF) has an earnings quality ratio of 5.98x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Millicom Intl Cellular S A?

Millicom Intl Cellular S A (MLCMF) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.