← VEON Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $8.9b
$9.5b +6.63%
$9.1b -4.10%
$8.9b -2.45%
$8.0b -9.96%
$7.8b -2.41%
$3.8b -51.78%
$3.7b -1.52%
$4.0b +8.27%
$4.4b +9.87%
$4.8b +8.16%
Cost of services, equipment and accessories ($216.0m)
($260.0m) -20.37%
($415.0m) -59.62%
($476.0m) -14.70%
($23.0m) +95.17%
($36.0m) -56.52%
($28.0m) +22.22%
($441.0m) -1475.00%
($515.0m) -16.78%
($526.0m) -2.14%
—
Gross Profit $8.7b
$9.2b +6.29%
$8.7b -5.89%
$8.4b -3.28%
$8.0b -5.13%
$7.8b -2.58%
$3.7b -51.92%
$3.3b -12.61%
$3.5b +7.12%
$3.9b +11.01%
$4.1b +6.97%
Selling, General and Administrative Expense $3.7b $3.7b $3.7b $3.0b $2.6b $2.6b $1.5b $1.6b $1.8b $1.9b $2.0b
Other operating income — — $0 $350.0m $5.0m $4.0m $1.0m $1.0m $1.0m $20.0m —
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method $48.0m ($412.0m) $0 $0 — — — — — — —
Other non-operating (loss) / gain, net ($82.0m) ($97.0m) ($68.0m) $21.0m $111.0m $34.0m $9.0m $20.0m $31.0m ($130.0m) —
Current Tax Expense (Income) $615.0m $397.0m $477.0m $495.0m $404.0m $300.0m $271.0m $249.0m $284.0m $306.0m —
Deferred Tax Expense (Income) $23.0m $103.0m ($117.0m) ($2.0m) ($61.0m) ($85.0m) ($212.0m) ($83.0m) ($74.0m) ($109.0m) —
Income taxes ($635.0m) ($472.0m) ($369.0m) ($498.0m) ($342.0m) ($258.0m) ($69.0m) ($179.0m) ($217.0m) ($194.0m) —
Basic Earnings (Loss) Per Share $1.33 ($0.29) $0.33 $0.36 ($0.20) $0.39 ($0.09) ($1.44) $0.23 $0.30 $1.00
Diluted Earnings (Loss) Per Share $1.33 ($0.29) $0.33 $0.36 ($0.20) $0.39 ($0.09) ($1.44) $0.23 $0.30 $1.00
Basic earnings / (loss) per share attributable to ordinary equity holders of the parent, from continuing operations (in USD per share) — — — $0 ($0) $0 $0 $0 $0 $0 $1
Diluted earnings / (loss) per share attributable to ordinary equity holders of the parent, from continuing operations (in USD per share) — — — $0 ($0) $0 $0 $0 $0 $0 $1
Basic earnings / (loss) per share attributable to ordinary equity holders of the parent, from discontinued operations (in USD per share) — — — $0 $0 $0 ($0) ($2) $0 $0 $1
Diluted earnings / (loss) per share attributable to ordinary equity holders of the parent, from discontinued operations (in USD per share) — — — $0 $0 $0 ($0) ($2) $0 $0 $1
Additional Financial Items
Applicable Tax Rate $0 $0 $0 $0 — — — — — — —
Average Effective Tax Rate $2 ($20) ($1) $0 $13 $0 $0 $0 $0 $0 —
Depreciation Property Plant And Equipment Including Right of Use Assets — — — — — — — — $529.0m $578.0m $842.0m
Depreciation Right of Use Assets — — — $448.0m $416.0m $409.0m $139.0m $146.0m $155.0m — $842.0m
Employee Benefits Expense $775.0m $927.0m $889.0m $875.0m $815.0m $792.0m $411.0m $416.0m $437.0m $481.0m —
Expense From Share-Based Payment Transactions With Employees — — — — — — — $21.0m $36.0m $31.0m —
Finance Costs $830.0m $935.0m $816.0m $892.0m $683.0m $690.0m $583.0m $531.0m $495.0m $535.0m —
Finance Income $69.0m $95.0m $67.0m $53.0m $23.0m $16.0m $32.0m $60.0m $49.0m $52.0m —
Gains Losses Recognised When Control In Subsidiary Is Lost — — — — — — — $0 $145.0m $400.0m —
Impairment Loss Recognised In Profit Or Loss Goodwill $78.0m $51.0m $224.0m $54.0m $723.0m $0 — — — — —
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill — — $299.0m — — — — — — — —
Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment Including Right of Use Assets — — — — — — — — $6.0m $12.0m —
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss — — — — — $20.0m ($107.0m) ($6.0m) $3.0m $9.0m —
Profit Loss Attributable To Noncontrolling Interests $92.0m ($13.0m) ($220.0m) $62.0m $33.0m $127.0m $153.0m $78.0m $72.0m $59.0m —
Profit Loss Before Tax $347.0m ($24.0m) ($248.0m) $1.2b $26.0m $908.0m $802.0m $559.0m $704.0m $785.0m —
Profit Loss From Operating Activities $1.1b $1.5b $554.0m $2.0b $635.0m $1.5b $1.2b $929.0m $1.1b $1.4b —
Listing expense — — — — — — — $0 $0 ($162.0m) —
Depreciation ($1.4b) ($1.5b) ($1.3b) ($1.7b) ($1.6b) ($1.5b) ($557.0m) ($527.0m) ($529.0m) ($578.0m) $607.0m
Amortization ($497.0m) ($537.0m) ($495.0m) ($394.0m) ($343.0m) ($308.0m) ($221.0m) ($208.0m) ($199.0m) ($224.0m) $235.0m
Impairment (loss) / reversal, net — — — — — ($27.0m) $107.0m $6.0m ($3.0m) ($9.0m) —
Gain on disposal of non-current assets — ($26.0m) ($57.0m) ($43.0m) ($37.0m) ($17.0m) ($1.0m) $46.0m $5.0m $2.0m —
Gain on disposal of subsidiaries — — — — — $0 $88.0m $0 $145.0m $400.0m —
Operating profit $1.1b
$1.5b +38.93%
$554.0m -63.21%
$2.0b +264.44%
$635.0m -68.55%
$1.5b +143.15%
$1.2b -24.68%
$929.0m -20.12%
$1.1b +19.48%
$1.4b +29.64%
—
Net foreign exchange (loss) / gain $157.0m ($71.0m) $15.0m ($20.0m) ($60.0m) $4.0m $181.0m $81.0m $9.0m ($41.0m) —
Profit before tax from continuing operations $347.0m ($24.0m) ($248.0m) $1.2b $26.0m $908.0m $802.0m $559.0m $704.0m $785.0m —
Profit from continuing operations ($288.0m) ($496.0m) ($617.0m) $683.0m ($316.0m) $650.0m $733.0m $380.0m $487.0m $591.0m —
Loss after tax from discontinued operations and disposals of discontinued operations $920.0m ($390.0m) ($300.0m) $0 $0 $151.0m ($742.0m) ($2.8b) $0 $0 —
(Loss) / profit for the period $2.4b ($496.0m) $362.0m $683.0m ($316.0m) $801.0m ($9.0m) ($2.5b) $487.0m $591.0m —
The owners of the parent (continuing operations) $2.7b ($483.0m) $979.0m $0 $0 $69.0m ($818.0m) ($2.8b) $0 $0 —
Non-controlling interest $92.0m ($13.0m) ($220.0m) $62.0m $33.0m $127.0m $153.0m $78.0m $72.0m $59.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.