VEON Ltd.

VEON Ltd.

VEON
VEON Ltd.US flagNASDAQ Global Select
54.09
USD
-1.21
- -
3.75BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
228.31
192.81
137.31
127
135.41
129.86
115.61
49.89
54.81
53.55
52.65
57
62.99
65.97
Basic EPS, GAAP
-37.54
-9.25
-9.36
33.28
-7.22
8.32
8.88
-5
9.6
-2.31
-35.99
5.91
7.62
7.86
Free Cash Flow per Basic Share
49.31
25.42
-2.49
3.2
6.26
8.1
19.52
25.23
25.34
22.06
19.15
3.46
5.78
15.2
Dividend per Share
57.99
1.02
0.87
0.87
7.4
7.26
7.43
3.71
- -
- -
- -
- -
- -
- -
Book Value per Share
-18.36
-28.42
-38.65
-6.25
-21.21
-20.15
-18.98
-27.46
-17.71
-20.09
-56.05
-50.23
-42.9
-41.78
Tangible Book Value per Share
-221.19
-200.53
-36.49
-13.01
-41.39
-41.32
-49.57
-44.97
-24.76
-17.01
-7.8
-3.6
1.22
-0.45
Basic Weighted Avg Shares
70
70
70
70
70
70
70
70
70
70
70
70
70
69
Sales/Revenue/Turnover
15,966
13,486
9,606
8,885
9,474
9,086
8,089
3,482
3,850
3,755
3,698
4,004
4,399
4,574
Operating Margin (%)
16.43
22.02
8.94
15.24
17.08
16.52
25.59
26.34
27.4
26.55
24.09
24.55
24.37
35.72
Depreciation Expense
3,053
2,643
2,067
2,128
2,094
2,692
1,953
792
799
671
729
731
811
618
Net Income, GAAP
-2,625
-647
-655
2,328
-505
582
621
-349
674
-162
-2,528
415
532
545
Effective Tax Rate (%)
- -
159.47
- -
220.49
143.9
- -
44.25
74.8
74.14
8.6
32.02
30.82
24.71
28.88
Profit Margin (%)
-16.44
-4.8
-6.82
26.2
-5.33
6.41
7.68
-10.02
17.51
-4.31
-68.36
10.36
12.09
11.92
Working Capital
-2,740
-933
-496
-2,007
-709
-1,303
-3,269
-1,560
643
896
-426
-769
-323
-509
LT Debt
26,802
23,936
8,095
8,070
10,362
6,567
7,759
8,832
9,404
5,336
3,464
3,028
4,043
4,004
Total Equity
9,078
3,976
3,894
6,043
3,890
2,779
2,220
1,013
1,505
767
1,071
1,257
1,634
1,863
Return on Invested Capital (%)
- -
-5.54
- -
-12.33
-4.91
- -
9.65
1.9
2.28
8.39
7.77
10.8
12.33
17.03
Return on Capital (%)
- -
-4.51
- -
18.68
-10.98
- -
13.46
-2.51
7.24
2.52
-53.45
49.74
46.5
41.33
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,111
1,102
1,419
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,725
1,719
1,731
Market Capitalization
3,806
3,664
3,210

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,884
3,113
3,120
Cash, Cash Equivalents & STI
1,663
2,221
2,183
Accounts Receivable, Net
549
249
304
Inventories
- -
32
29
Total Current Liabilities
3,043
3,436
3,629
Payables & Accruals
1,256
1,712
1,595
ST Debt
1,111
1,102
1,419
Deferred Revenue
- -
217
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.3%
17.3%
29.99%
Free Cash Flow
2.53%
-8.15%
66.26%
Net Income, GAAP
1.32%
191.02%
28.19%
Sales/Revenue/Turnover
-4.82%
4.94%
9.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
942
1,027
1,037
998
4,004
2025
1,026
1,087
1,115
1,171
4,399
2026
1,201
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.75
1.26
2.94
- -
5.91
2025
1.4
8.73
-1.91
- -
7.62
2026
1.42
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Muhterem Kaan Terzioglu
Full Time Employees
18,027
Sector
Communication Services
Industry
Telecommunications Services
Address
Claude Debussylaan 88 Amsterdam United States of America 1082 MD
IPO Date
Nov 15, 1996
Website
veon.com
Business
VEON operates as a digital telecommunications and services provider, delivering converged connectivity and innovative digital solutions to a substantial customer base exceeding 150 million individuals and businesses. With its footprint spanning five dynamic markets across Europe and Asia, which collectively represent over 520 million people, VEON focuses on empowering communities by offering a diverse portfolio of technology-driven services that include mobile financial platforms, entertainment content, health applications, and educational tools. The company's shares are exclusively traded on NASDAQ, underscoring its strategic emphasis on fostering digital inclusion and stimulating economic growth within its operating regions.

Company News

APIChat
  • VEON to Release 2Q26 Earnings on July 31, 2026

  • VEON Closes USD 1.4 Billion Bond Offering, Refinancing 2027 Notes Ahead of Schedule

  • VEON's Kyivstar and Uklon Launch Ukraine's First Live Testing of Autonomous Vehicle Technology

  • Kyivstar Subsidiary Uklon Launches Ukraine's First Live Testing of Autonomous Vehicle Technology

  • VEON’s Kyivstar Expands Renewable Energy Portfolio with Acquisition of Six Solar Power Plants

  • Kyivstar Acquires Six Solar Power Plants, Further Diversifies Energy Sources

  • VEON's Kyivstar Expands Renewable Energy Portfolio with Acquisition of Six Solar Power Plants

  • New Research Shows Mobile Tax Reform Could Accelerate Economic Gains in Bangladesh and Pakistan

  • New Research Shows Mobile Tax Reform Could Accelerate Economic Gains in Bangladesh and Pakistan

  • VEON: Cheap Enough To Offset The Frontier Risk

  • VEON Successfully Prices USD 1.4 Billion Bond Offering

  • VEON Announces Investor Meetings for a Potential Dual Tranche USD Notes Offering and Related Tender Offer for 2027 Notes

  • JazzCash Crosses 60 Million Registered Customers; Processes PKR 16.8 Trillion (~USD 59.7 Billion) in Annual Gross Transaction Value to March 2026, Accelerating Pakistan's Shift to a Cashless Economy

  • VEON Ltd. (VEON) Q1 2026 Earnings Call Transcript

  • Veon lifts 2026 forecasts as digital revenue jumps 58% in first quarter

  • VEON Delivers Strong Start to 2026 | 1Q26: Revenue +17.0%, EBITDA +17.7%, Digital Surges +57.7% to 25.2% of Total Revenue

  • VEON Delivers Strong Start to 2026 | 1Q26: Revenue +17.0%, EBITDA +17.7%, Digital Surges +57.7% to 25.2% of Total Revenue

  • Kyivstar Shareholders Re-elect Board and Chairman, Demonstrating Shareholder Confidence in Leadership

  • VEON Shareholders Re-elect Board and Chairman, Reaffirming Confidence in Digital Growth Strategy

  • Should Value Investors Buy VEON (VEON) Stock?