Liberty Latin America Ltd. (LILAK)
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services in Puerto Rico, Panama, Costa Rica, Jamaica, Latin America and the Caribbean, the Bahamas, Trinidad and Tobago, Barbados, Curacao, Chile, and internationally. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services comprising enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies. The company also operates a subsea and terrestrial fiber optic cable network that connects approximately 30 markets in the region for providing connectivity solutions; and offers voice and data services, such as value-added, data-based, and fixed-mobile converged services. It provides its services under the brands of C&W Business, LIBERTY NETWORKS, Liberty, BTC, Flow, and +movil. The company was incorporated in 2017 and is based in Hamilton, Bermuda.
Sector: Cable & Other Pay Television Services
Industry: Telecommunications Services
Liberty Latin America Ltd.
-0.76%$7.84
Mkt Cap$1.23B
Float137.36M
O/S156.5M
Inst Own68.2%
SI5.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.44B
Net Income-$611.2M
Total Assets$12.23B
Free Cash Flow$305.9M
Debt & Equity
Debt 94%
Equity 6%
Total Debt$9.22B
Total Equity$555.6M
Shares Outstanding
Short Interest
Split History1 split
- 1.1:1Forward splitJun 17, 20261 share → 1.1
Balance Sheet Details
Assets$12.23B
Liabilities$11.16B
Accounts Receivable$910.6M
Accounts Payable$384.6M
Inventory$0
PP&E (Net)$3.85B
Goodwill$3.01B
Intangible Assets$1.68B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $4.44B | $4.46B | $4.51B | $4.81B | $4.81B | $3.76B | $3.87B | $3.71B | $3.59B | $2.72B | $1.22B | $1.2B | $1.29B | $1.09B |
| YoY Growth | -0.3% | -1.2% | -6.2% | -0.1% | 27.8% | -2.6% | 4.4% | 3.2% | 31.8% | 123.8% | 1.1% | -6.5% | 18.7% | - |
| Cost of Revenue | $1.44B | $1.49B | $1.51B | $1.73B | $1.74B | $1.27B | $1.29B | $889.8M | $876.2M | $677.2M | $535.3M | $324.3M | $611.1M | $511.2M |
| Gross Profit | $3B | $2.96B | $3B | $3.08B | $3.08B | $2.5B | $2.57B | $2.82B | $2.71B | $2.05B | $682M | $880.3M | $677.7M | $574.9M |
| Gross Margin | 67.5% | 66.5% | 66.6% | 64.0% | 63.9% | 66.3% | 66.6% | 76.0% | 75.6% | 75.1% | 56.0% | 73.1% | 52.6% | 52.9% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $813.2M | $852.8M | $827.4M | $917.2M | $922.6M | $749.2M | $730.5M | $789.6M | $688.9M | $539.2M | $193.4M | $224M | $225.1M | $213.8M |
| Other | $1.47B | $2.16B | $1.66B | $2.07B | $2.09B | $1.65B | $1.52B | $63.4M | $6.5M | $12.1M | -$4.8M | $2.1M | -$3.2M | $0 |
| Total Operating Expenses | $2.28B | $3.01B | $2.49B | $2.99B | $3.01B | $2.4B | $2.25B | $2.26B | $2.15B | $1.57B | $949.4M | $631.8M | $1.18B | $476.5M |
| Operating Income (EBIT) | $719.5M | -$48.3M | $517.7M | $86.5M | $63.8M | $93.2M | $325.8M | -$23.6M | -$148.4M | $319.1M | $248.1M | $228.4M | $22.9M | $140M |
| Operating Margin | 16.2% | -1.1% | 11.5% | 1.8% | 1.3% | 2.5% | 8.4% | -0.6% | -4.1% | 11.7% | 20.4% | 19.0% | 1.8% | 12.9% |
| Interest Expense | $656.4M | $627.7M | $601.7M | $556.7M | $527.4M | $533.4M | $499.2M | $443.7M | $381.8M | $314.4M | $157.9M | $140.4M | $81.5M | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.7M | $38.9M |
| Other Income (Expense) | -$1.37B | -$583.1M | -$580.1M | -$209.5M | -$381.8M | -$924.9M | -$634.4M | -$561.1M | -$502.8M | -$570.8M | -$155.8M | -$204.3M | -$176.8M | -$80.5M |
| Income Before Tax (EBT) | -$652.8M | -$631.4M | -$62.4M | -$123M | -$318M | -$831.7M | -$308.6M | -$584.7M | -$651.2M | -$98.1M | $92.3M | $24.1M | -$66.6M | $59.5M |
| Income Tax Expense | -$98.5M | -$4.1M | $24.4M | $84.8M | $172.6M | -$27.8M | -$100.2M | $51.1M | $147.5M | $129.1M | $40.6M | $14.4M | -$13.6M | $2.7M |
| Net Income | -$611.2M | -$657M | -$73.6M | -$170.7M | -$440.6M | -$682.2M | -$106.1M | -$345.2M | -$778.1M | -$255.5M | $43.9M | $12M | -$39.1M | $43.6M |
| Net Income Margin | -13.8% | -14.7% | -1.6% | -3.5% | -9.2% | -18.1% | -2.7% | -9.3% | -21.7% | -9.4% | 3.6% | 1.0% | -3.0% | 4.0% |
| Supplementary Data | ||||||||||||||
| EPS | -3.06 | -3.34 | -0.35 | -0.77 | -1.89 | -4.14 | -1.00 | -1.99 | -4.29 | -1.40 | 0.82 | 0.26 | -0.84 | 0.94 |
| Diluted EPS | -3.06 | -3.34 | -0.35 | -0.77 | -1.89 | -4.14 | -1.00 | -1.96 | -4.29 | -1.93 | 0.82 | 0.26 | -0.84 | 0.94 |
| Weighted Average OS | 199.90M | 197.00M | 210.00M | 222.60M | 232.60M | 195.54M | 181.51M | 173.31M | 181.43M | 182.41M | 46.37M | 46.30M | 46.30M | 46.30M |
| EBITDA | $908.5M | $964.6M | $1.55B | $1.34B | $1.17B | $620.4M | $1.08B | $688.8M | $524.3M | $803.6M | $466.6M | $381.2M | $357.3M | $361.1M |
| EBITDA Margin | 20.5% | 21.6% | 34.3% | 28.0% | 24.4% | 16.5% | 27.9% | 18.6% | 14.6% | 29.5% | 38.3% | 31.6% | 27.7% | 33.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $13.7M | $654.3M | $988.6M | $781M | $956.7M | $894.2M | $1.18B | $631M | $529.9M | $552.6M | $274.5M | $107.1M | $175M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $13.7M | $654.3M | $988.6M | $781M | $956.7M | $894.2M | $1.18B | $631M | $529.9M | $552.6M | $274.5M | $107.1M | $175M |
| Accounts Receivable | $910.6M | $919.7M | $903.3M | $802.6M | $705M | $636.1M | $585.2M | $607.3M | $556.5M | $617.8M | $91.5M | $124.6M | $116.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $73.2M | $65.5M | $93.8M | $28.2M | $26.5M | $0 |
| Other Current Assets | $1.32B | $477.7M | $451.5M | $430.2M | $322.5M | $353.5M | $227.3M | $288.5M | $222.9M | $245M | $44.8M | $89.7M | $672.2M |
| Total Current Assets | $2.25B | $2.13B | $2.41B | $2.08B | $2.05B | $1.95B | $2.06B | $1.64B | $1.37B | $1.51B | $439M | $332.1M | $963.4M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $3.85B | $4.06B | $4.21B | $4.29B | $4.17B | $4.75B | $4.3B | $4.24B | $4.17B | $3.86B | $843.5M | $824.6M | $869.1M |
| Goodwill | $3.01B | $2.98B | $3.48B | $3.42B | $3.95B | $4.89B | $4.91B | $5.13B | $5.67B | $6.3B | $775.6M | $787.3M | $855.5M |
| Intangible Assets | $1.68B | $2.23B | $2.13B | $2.28B | $2.38B | $2.32B | $1.53B | $1.73B | $1.88B | $1.23B | $117.4M | $70.7M | $80M |
| Long-Term Investments | $28.2M | $0 | $157.4M | $0 | $0 | $0 | $0 | $3.11B | $38.4M | $95M | $291.7M | $101.2M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.11B | $138M | $103.7M | $80.4M | -$101.2M | $0 |
| Other Long-Term Assets | $1.42B | $1.4B | $1.2B | $1.5B | $2.82B | $1.17B | $2.14B | $703.4M | $341.3M | $1.08B | $719.9M | $756.3M | $655.1M |
| Total Long-Term Assets | $9.98B | $10.67B | $11.18B | $11.5B | $13.31B | $13.13B | $12.88B | $11.8B | $12.24B | $12.68B | $2.83B | $2.44B | $2.46B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $12.23B | $12.8B | $13.59B | $13.58B | $15.37B | $15.08B | $14.94B | $13.45B | $13.62B | $14.19B | $3.27B | $2.77B | $3.42B |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $384.6M | $441.9M | $424.4M | $525.1M | $398M | $425.3M | $346.6M | $297.4M | $286.8M | $219.4M | $54.2M | $79.3M | $40.3M |
| Short-Term Debt | $503.8M | $465.7M | $581.9M | $226.9M | $106.3M | $161.9M | $180.2M | $302.5M | $263.3M | $150.8M | $800K | $700K | $123.8M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $29.8M | $91.5M | $26.1M | $37.9M | $6.6M | $0 |
| Current Unearned Revenue | $127.4M | $116.3M | $167.1M | $151.7M | $148M | $194.6M | $160.9M | $161.7M | $192.7M | $181.1M | $45.8M | $44.5M | $0 |
| Other Current Liabilities | $962.1M | $48.6M | $795.8M | $42.3M | $0 | $90.2M | $35.4M | $0 | $0 | $181.1M | $0 | $39.7M | $325.2M |
| Total Current Liabilities | $1.98B | $2.04B | $2.13B | $1.77B | $1.51B | $1.7B | $1.58B | $1.61B | $1.59B | $1.35B | $399.6M | $427.9M | $489.3M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $8.29B | $7.61B | $7.6B | $7.65B | $7.46B | $8.2B | $8.19B | $6.38B | $6.11B | $5.9B | $2.32B | $2.07B | $1.21B |
| Long-Term Unearned Revenue | $81.9M | $88M | $91.6M | $109.3M | $152.6M | $185.6M | $210.9M | $0 | $0 | -$637.9M | -$216.1M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $411.6M | $580.3M | $630.6M | $688.7M | $692M | $575.4M | $401.8M | $543M | $533.4M | $637.9M | $216.1M | $0 | $0 |
| Other Long-Term Liabilities | -$26.6M | $847.3M | $832.1M | $792.9M | $2.65B | $1.08B | $579.1M | $791.9M | $697.8M | $600.5M | $34.3M | $201.2M | $224.7M |
| Total Long-Term Liabilities | $9.18B | $9.13B | $9.15B | $9.24B | $10.95B | $10.04B | $9.38B | $7.71B | $7.34B | $7.11B | $2.6B | $2.27B | $1.43B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.16B | $11.17B | $11.28B | $11.02B | $12.47B | $11.74B | $10.96B | $9.32B | $8.93B | $8.46B | $3B | $2.7B | $1.92B |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.5M | $2.4M | $2.4M | $2.3M | $2.3M | $2.3M | $1.8M | $1.8M | $1.7M | $0 | $206.4M | $20.2M | $1.27B |
| Retained Earnings | -$4.24B | -$3.6B | -$2.94B | -$2.87B | -$2.69B | -$2.24B | -$1.45B | -$1.37B | -$1.01B | -$232.6M | $199.7M | $0 | $0 |
| Comprehensive Income & Other | -$124.6M | -$154.2M | -$198M | -$149.2M | -$89.7M | -$125.6M | -$14.8M | -$16.3M | -$64.2M | $4.41B | $7.8M | $0 | $0 |
| Other Stockholders' Equity | $4.8B | $4.72B | $4.7B | $4.78B | $4.91B | $4.85B | $4.56B | $4.48B | $4.34B | $4.49B | -$199.7M | $0 | $0 |
| Total Equity | $555.6M | $1.12B | $1.76B | $1.92B | $2.22B | $2.61B | $3.11B | $3.11B | $3.33B | $4.25B | $206.4M | $20.2M | $1.27B |
| Minority Interest | $507.9M | $505M | $546.2M | $637.9M | $677.4M | $729M | $870.1M | $1.01B | $1.36B | $1.48B | $63.3M | $48.9M | $232.4M |
| Total Liabilities and Equity | $11.72B | $12.29B | $13.05B | $12.94B | $14.69B | $14.35B | $14.07B | $12.44B | $12.26B | $12.71B | $3.2B | $2.72B | $3.19B |
| Supplementary Data | |||||||||||||
| Total Debt | $9.22B | $8.17B | $8.26B | $7.96B | $7.65B | $8.42B | $8.37B | $6.68B | $6.37B | $6.05B | $2.33B | $2.07B | $1.33B |
| Net Debt | $9.21B | $7.51B | $7.28B | $7.18B | $6.69B | $7.53B | $7.19B | $6.05B | $5.84B | $5.5B | $2.06B | $1.97B | $1.16B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$554.3M | -$659.7M | -$86.8M | -$207.8M | -$490.1M | -$808.9M | -$182.4M | -$635.8M | -$798.7M | -$227.2M | $51.7M | $9.7M | -$53M | $43.6M |
| Depreciation & Amortization | $904.9M | $968.3M | $1.01B | $910.7M | $964.7M | $918.7M | $889.9M | $829.8M | $793.7M | $587.3M | $216.4M | $216.7M | $342.4M | $221.1M |
| Deferred Income Tax | -$238.8M | -$129.3M | -$87.4M | -$8.4M | $104M | -$65.1M | -$32.7M | -$32.9M | -$135.1M | -$55M | -$18.6M | $28.2M | -$49.3M | $0 |
| Stock-Based Compensation | $54.4M | $73M | $88.7M | $93.5M | $118.1M | $97.5M | $57.5M | $39.8M | $14.2M | $15.4M | $2.4M | $11.6M | $6.4M | $3.9M |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $134.4M | $311.7M | $51.9M | -$85M | -$48.5M | -$134.1M | -$11.9M | -$66.2M | $118.3M | -$83.7M | $46.6M | -$45.2M | $43.4M | $700K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $151.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | -$109.4M | -$85.2M | -$151.8M | -$67M | -$212.1M | -$9.2M | -$12.8M | $0 | $0 | $0 |
| Other Working Capital | -$171.5M | -$318.7M | -$130M | -$88.3M | -$12.9M | $11.2M | -$151.8M | -$67M | $0 | -$83.7M | $46.6M | $0 | $0 | $0 |
| Total Working Capital Change | -$37.1M | -$7M | -$78.1M | -$173.3M | -$170.8M | -$208.1M | -$163.7M | -$133.2M | -$122.8M | -$121.2M | $33.8M | -$66.6M | -$50.2M | $700K |
| Other Non-Cash Items | $676.8M | $511M | $52.3M | $254.1M | $490.3M | $706M | $349.6M | $749.1M | $822.6M | $268.9M | $20.8M | $89.4M | $95.9M | -$66.3M |
| Net Cash from Operating | $805.9M | $756.3M | $897M | $868.8M | $1.02B | $640.1M | $918.2M | $816.8M | $573.9M | $468.2M | $306.5M | $289M | $292.2M | $198.4M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$500M | -$540.4M | -$585M | -$660.1M | -$736.3M | -$565.8M | -$589.1M | -$776.4M | -$639.3M | -$490.4M | -$227.2M | -$223.1M | -$262.1M | -$246.6M |
| Acquisitions | -$73.3M | -$95.4M | $0 | -$419.6M | -$499.8M | -$1.89B | -$83.7M | -$226.4M | -$1.3M | $16.3M | -$273.5M | -$1M | -$3M | $0 |
| Purchases of Investments | -$80M | -$47.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$700K | -$1M | -$1M | -$3M | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $490.4M | $227.2M | $223.1M | $262.1M | $0 |
| Other Investing Activities | -$12.3M | -$5.4M | -$30.8M | -$42.9M | -$32.5M | $1.1M | $37.5M | $22.3M | $500K | -$456.7M | -$216.1M | -$230.2M | -$257.9M | -$94.6M |
| Net Cash from Investing | -$665.6M | -$688.5M | -$615.8M | -$1.12B | -$1.27B | -$2.45B | -$635.3M | -$980.5M | -$640.1M | -$441.1M | -$490.6M | -$232.2M | -$263.9M | -$341.2M |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$14.9M | $257.4M | -$136.9M | -$60.9M | -$616.9M | $120.4M | -$1.69B | -$310.1M | -$185.2M | -$364.1M | -$260.3M | $80.6M | -$32.4M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $347M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$82.9M | -$118.3M | -$170.4M | -$63M | -$9.5M | $0 | -$20.9M | -$53M | -$20M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$54.9M | -$20M | $0 | $0 | $0 | $0 |
| Other Financing Activities | $14.8M | -$46.1M | -$81M | $80.3M | -$127.3M | $54M | -$151.2M | -$54M | -$22.5M | -$34M | $99.7M | -$37.4M | $68.8M | $115.2M |
| Net Cash from Financing | $29.7M | -$386.4M | -$62.4M | -$29.2M | $426.6M | $271.1M | $1.54B | $256.1M | $41.8M | $247.3M | $363.7M | -$118M | $101.2M | $115.2M |
| Forex Effect | -$40.4M | -$10.9M | -$7.9M | -$2.3M | -$12.5M | -$4.9M | -$7.7M | -$18.6M | $1.7M | $3.7M | -$12.2M | -$6.7M | -$1.2M | $5.6M |
| Net Change in Cash | $129.6M | -$329.5M | $210.9M | -$285.3M | $161.7M | -$1.54B | $1.81B | $73.8M | -$22.7M | $278.1M | $167.4M | -$67.9M | $128.3M | -$22M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $805.9M | $756.3M | $897M | $868.8M | $1.02B | $640.1M | $918.2M | $816.8M | $573.9M | $468.2M | $306.5M | $289M | $292.2M | $198.4M |
| Capital Expenditure | -$500M | -$540.4M | -$585M | -$660.1M | -$736.3M | -$565.8M | -$589.1M | -$776.4M | -$639.3M | -$490.4M | -$227.2M | -$223.1M | -$262.1M | -$246.6M |
| Free Cash Flow | $305.9M | $215.9M | $312M | $208.7M | $279.9M | $74.3M | $329.1M | $40.4M | -$65.4M | -$22.2M | $79.3M | $65.9M | $30.1M | -$48.2M |
| Cash at Beginning | $654.3M | $999.8M | $788.9M | $1.07B | $912.5M | $2.46B | $642M | $568.2M | $552.6M | $274.5M | $107.1M | $175M | $46.7M | $68.7M |
| Cash at End | $783.9M | $670.3M | $999.8M | $788.9M | $1.07B | $912.5M | $2.46B | $642M | $529.9M | $552.6M | $274.5M | $107.1M | $175M | $46.7M |