Telecom Argentina SA ADR (TEO) financial statements

Communication Services · Telecom Services · Market cap $5.3B

Telecom Argentina SA ADR reported revenue of 8.33T ARS in fiscal 2025, up 75.3% a year over 9 years.

Net income was -170.0B ARS and the operating margin 5.4%, against 23.1% in 2016.

Free cash flow was 895.2B ARS, and the company returned 20.3B ARS in dividends.

The diluted share count rose 82% over the period (dilution).

Revenue and free cash flow

Fiscal years, $ billions (ARS).

02,5005,0007,50010,0002016201720182019202020212022202320242025RevenueFree cash flow
Embed this chart

Free to use in articles and newsletters with the source line. Paste this HTML:

Income statement

Fiscal years, in ARS, from Telecom Argentina SA ADR's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Revenue53.2B ARS65.2B ARS351.9B ARS487.1B ARS886.8B ARS2.58T ARS6.03T ARS5.90T ARS5.44T ARS8.33T ARS
Selling, general and admin2.5B ARS3.3B ARS————————
Operating income12.3B ARS22.0B ARS44.5B ARS32.5B ARS59.7B ARS-16.9B ARS-2.44T ARS-358.3B ARS-192.7B ARS450.0B ARS
Interest expense595M ARS334M ARS71.2B ARS34.2B ARS72.6B ARS-174.1B ARS-246.0B ARS1.82T ARS-1.91T ARS748.8B ARS
Pre-tax income16.6B ARS23.7B ARS5.7B ARS21.1B ARS9.3B ARS262.4B ARS-1.92T ARS-1.68T ARS1.90T ARS-191.7B ARS
Income tax6.0B ARS8.5B ARS-5.9B ARS29.1B ARS24.3B ARS202.1B ARS-219.2B ARS-969.0B ARS538.2B ARS-46.4B ARS
Net income10.5B ARS15.0B ARS11.1B ARS-9.0B ARS-16.8B ARS52.6B ARS-1.72T ARS-738.3B ARS1.33T ARS-170.0B ARS
EPS (diluted)—0.00 ARS0.00 ARS-4.19 ARS-7.80 ARS24.40 ARS-798.15 ARS-342.81 ARS618.38 ARS-78.94 ARS
Diluted shares1.18B1.18B—2.15B2.15B2.15B2.15B2.15B2.15B2.15B
Operating margin23.1%33.8%12.6%6.7%6.7%-0.7%-40.4%-6.1%-3.5%5.4%
Net margin19.6%23.0%3.2%-1.9%-1.9%2.0%-28.5%-12.5%24.5%-2.0%

Balance sheet

Fiscal years, in ARS, from Telecom Argentina SA ADR's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments6.6B ARS6.7B ARS12.7B ARS35.4B ARS177.4B ARS340.8B ARS383.4B ARS787.0B ARS462.9B ARS792.1B ARS
Receivables7.6B ARS2.6B ARS26.8B ARS23.1B ARS28.6B ARS43.9B ARS117.1B ARS352.9B ARS389.4B ARS799.2B ARS
Inventory1.3B ARS136M ARS4.2B ARS4.4B ARS5.6B ARS6.1B ARS20.1B ARS83.7B ARS79.5B ARS79.5B ARS
Total current assets15.6B ARS10.6B ARS51.5B ARS69.1B ARS80.4B ARS126.9B ARS351.8B ARS1.28T ARS993.0B ARS1.83T ARS
Property, plant and equipment23.2B ARS45.7B ARS231.2B ARS334.9B ARS484.3B ARS878.9B ARS2.47T ARS6.03T ARS5.70T ARS6.79T ARS
Goodwill—32.0B ARS185.3B ARS252.1B ARS380.2B ARS2.30T ARS4.09T ARS4.42T ARS4.44T ARS4.44T ARS
Total assets47.9B ARS94.1B ARS571.9B ARS787.1B ARS1.14T ARS2.10T ARS5.38T ARS14.55T ARS14.39T ARS16.62T ARS
Total current liabilities16.5B ARS18.6B ARS82.2B ARS117.1B ARS160.1B ARS322.5B ARS897.8B ARS2.94T ARS2.58T ARS3.84T ARS
Long-term debt8.6B ARS14.6B ARS91.2B ARS158.9B ARS239.4B ARS393.6B ARS1.04T ARS4.16T ARS2.37T ARS3.82T ARS
Total liabilities28.0B ARS39.0B ARS219.7B ARS365.3B ARS548.2B ARS1.03T ARS2.85T ARS8.58T ARS7.11T ARS9.64T ARS
Shareholders' equity19.3B ARS54.2B ARS347.2B ARS415.3B ARS577.3B ARS1.05T ARS2.48T ARS5.76T ARS7.14T ARS6.86T ARS
Net debt7.1B ARS9.5B ARS111.4B ARS172.1B ARS132.5B ARS200.1B ARS819.7B ARS5.19T ARS3.37T ARS4.97T ARS

Cash flow

Fiscal years, in ARS, from Telecom Argentina SA ADR's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow26.0B ARS35.1B ARS70.4B ARS168.4B ARS293.9B ARS788.8B ARS1.77T ARS1.77T ARS1.07T ARS2.39T ARS
Capital spending19.4B ARS29.4B ARS64.6B ARS101.0B ARS153.7B ARS461.8B ARS1.01T ARS1.33T ARS518.6B ARS1.49T ARS
Free cash flow6.6B ARS5.7B ARS5.7B ARS67.3B ARS140.1B ARS327.0B ARS757.2B ARS441.7B ARS548.9B ARS895.2B ARS
Dividends paid3.0B ARS4.0B ARS71.3B ARS73.0B ARS1.1B ARS1.4B ARS1.2B ARS——20.3B ARS
Net borrowing2.6B ARS-552M ARS48.7B ARS45.2B ARS-27.5B ARS84.4B ARS139.8B ARS457.2B ARS99.2B ARS1.38T ARS
Free cash flow margin12.4%8.7%1.6%13.8%15.8%12.7%12.6%7.5%10.1%10.7%
Dividends per share2.54 ARS3.39 ARS—33.90 ARS0.50 ARS0.67 ARS0.57 ARS——9.42 ARS
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for TEO.
Open TEO in Investingly

Questions

What was Telecom Argentina SA ADR's revenue in 2025?

8.33T ARS in fiscal 2025, from its 10-K filing.

How much free cash flow does Telecom Argentina SA ADR generate?

895.2B ARS in fiscal 2025 (operating cash flow minus capital spending).

From Telecom Argentina SA ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.