VEON (ADR) (VEON)
Runs telecom networks and digital platforms across five frontier markets.
$70.26
vs last close+0.89 (+1.28%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 945 | 953 | 942 | 1,027 | 1,037 | 998 | 1,026 | 1,087 | 1,115 | 1,183 | 1,206 | 1,271 |
| Cost of revenue | 107 | 107 | 119 | 121 | 144 | 131 | 129 | 104 | 133 | 368 | 362 | 171 |
| Gross profit | 838 | 846 | 823 | 906 | 893 | 867 | 897 | 983 | 982 | 815 | 845 | 1,100 |
| 579 | 623 | 622 | 628 | 492 | 637 | 658 | 163 | 923 | 496 | 535 | 773 | |
| Selling, general & administrative | 394 | 405 | 437 | 446 | 457 | 391 | 458 | 464 | 633 | 496 | 535 | 550 |
| Other expenses | 185 | 218 | 185 | 182 | 35 | 246 | 200 | −301 | 290 | 0 | 0 | 223 |
| Operating income | 259 | 223 | 201 | 278 | 401 | 230 | 239 | 820 | 59 | 319 | 309 | 327 |
| −75 | −72 | −82 | −136 | −107 | −81 | −109 | −138 | −142 | −263 | −126 | −127 | |
| Interest income | 16 | 11 | 11 | 11 | 10 | 17 | 10 | 10 | 0 | 18 | 18 | 30 |
| Interest expense | 132 | 119 | 132 | 117 | 123 | 123 | 123 | 129 | 131 | 144 | 151 | 167 |
| Other non-operating income | 1 | 39 | −1 | −2 | 145 | 5 | −2 | 496 | 142 | 118 | −25 | −40 |
| Income before tax | 184 | 151 | 119 | 142 | 294 | 149 | 130 | 682 | −83 | 57 | 184 | 200 |
| Income tax expense | 53 | 63 | 41 | 53 | 67 | 56 | 12 | 74 | 44 | 65 | 60 | 60 |
| Net income from continuing operations | 131 | 88 | 78 | 89 | 227 | 93 | 118 | 608 | −127 | −8 | 124 | 140 |
| Discontinued operations | 337 | −3,637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 448 | −3,569 | 57 | 68 | 209 | 81 | 99 | 595 | −131 | −31 | 99 | 122 |
| EPS, basic | $6.38 | −$50.76 | $0.81 | $0.96 | $2.95 | $1.15 | $1.41 | $8.50 | −$1.91 | −$0.59 | $1.43 | $1.75 |
| EPS, diluted | $6.38 | −$50.76 | $0.81 | $0.96 | $2.95 | $1.15 | $1.41 | $8.50 | −$1.91 | −$0.59 | $1.39 | $1.75 |
| Weighted average shares, basic | 70 | 74 | 70 | 71 | 71 | 71 | 70 | 70 | 69 | 53 | 70 | 70 |
| Weighted average shares, diluted | 70 | 74 | 70 | 71 | 71 | 71 | 70 | 70 | 69 | 53 | 71 | 71 |
| EBITDA | 445 | 313 | 386 | 460 | 437 | 408 | 439 | 520 | 122 | 407 | 544 | 592 |
| Depreciation & amortization | 187 | 129 | 184 | 180 | 181 | 183 | 198 | 196 | 205 | 206 | 210 | 225 |
| EBIT | 258 | 184 | 202 | 280 | 256 | 225 | 241 | 324 | −83 | 201 | 334 | 367 |
