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LILAK

Liberty Latin America Ltd.

LILAK

Liberty Latin America Ltd. • NASDAQ
$8.75 ▼ -0.68% (-0.06)
Market Cap $1.74 B
52w High $9.04
52w Low $4.23
Dividend Yield 0%
P/E -2.37
Volume 199.40K
Outstanding Shares 198.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.113B ▲ $677.4M ▼ $3.3M ▲ 0.297% ▲ $0 ▲ $397.9M ▲
Q2-2025 $1.087B ▲ $1.071B ▲ $-423.3M ▼ -38.953% ▼ $-2.12 ▼ $-187.9M ▼
Q1-2025 $1.083B ▼ $722.8M ▲ $-136.4M ▲ -12.589% ▲ $-0.69 ▲ $269.5M ▼
Q4-2024 $1.15B ▲ $633.4M ▼ $-178M ▲ -15.474% ▲ $-0.9 ▲ $406.4M ▲
Q3-2024 $1.089B $1.114B $-435.8M -40.011% $-2.21 $-170.2M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $596.7M ▲ $12.045B ▲ $10.89B ▲ $628.9M ▲
Q2-2025 $514.4M ▼ $11.953B ▼ $10.831B ▼ $608.4M ▼
Q1-2025 $575.5M ▼ $12.598B ▼ $11.072B ▼ $1.022B ▼
Q4-2024 $654.3M ▲ $12.8B ▲ $11.174B ▲ $1.121B ▼
Q3-2024 $588.6M $12.728B $10.962B $1.227B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $15.9M ▲ $178.2M ▲ $-170.7M ▼ $85.4M ▲ $82.3M ▲ $56M ▲
Q2-2025 $-415.1M ▼ $141.2M ▲ $-151.9M ▼ $-35.6M ▼ $-60.7M ▲ $1.9M ▼
Q1-2025 $-126.7M ▲ $24.6M ▼ $-95M ▲ $3.4M ▲ $-78.8M ▼ $24.6M ▼
Q4-2024 $-178M ▲ $382.335M ▲ $-189.552M ▲ $-115.046M ▼ $65.7M ▲ $230.452M ▲
Q3-2024 $-435.8M $176.787M $-241.467M $60.39M $-10M $51.47M

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q1-2025
B2B Mobile Handset and Other Devices
B2B Mobile Handset and Other Devices
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Business To Business Services
Business To Business Services
 $380.00M ▲$350.00M ▼$370.00M ▲$330.00M ▼
Cable NonSubscription
Cable NonSubscription
 $20.00M ▲$20.00M ▲$30.00M ▲$20.00M ▼
Cable Subscription
Cable Subscription
 $310.00M ▲$300.00M ▼$300.00M ▲$300.00M ▲
Mobile Handset And Other Devices
Mobile Handset And Other Devices
 $50.00M ▲$50.00M ▲$70.00M ▲$60.00M ▼
Mobile NonSubscription
Mobile NonSubscription
 $100.00M ▲$100.00M ▲$130.00M ▲$110.00M ▼
Mobile Residential
Mobile Residential
 $400.00M ▲$410.00M ▲$440.00M ▲$420.00M ▼
Mobile Subscription
Mobile Subscription
 $300.00M ▲$310.00M ▲$310.00M ▲$310.00M ▲
Other Services
Other Services
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Residential Cable
Residential Cable
 $330.00M ▲$320.00M ▼$330.00M ▲$330.00M ▲
Residential Services
Residential Services
 $730.00M ▲$730.00M ▲$770.00M ▲$750.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been broadly flat in recent years after an earlier step‑up, which suggests the company has reached a more mature, scale position rather than being in a rapid growth phase. The core business clearly has demand, but top‑line momentum has been limited. Profitability is mixed. Gross profits are healthy relative to revenue, which means the underlying services still carry good economic value. However, operating profit has slipped from solidly positive to slightly negative most recently, pointing to rising costs, competitive pressure, or heavier spending on growth and transformation. At the bottom line, net income has been negative for several years and the loss widened in the latest period. That tells you the company is still not earning enough, after interest and other non‑operating items, to cover its full cost structure. The pattern is of a business with decent economics at the service level but burdened by high fixed costs, interest, integration, and transformation expenses.

Balance Sheet

Balance Sheet The balance sheet is built around a large base of network assets, which is typical for a telecom operator. This heavy infrastructure footprint supports the company’s moat but also makes the business capital‑intensive and less flexible. Debt is high relative to the size of the company and has crept up from earlier levels. Leverage is a central feature of the capital structure, which amplifies both upside and downside. Equity has been shrinking over time, reflecting cumulative losses and potentially other capital management actions. This erosion of book value reduces the financial cushion against shocks. Cash on hand is modest compared with total debt, meaning the company relies heavily on continued cash generation and access to financing markets. Overall, the balance sheet shows a scale infrastructure owner with meaningful leverage and a relatively thin equity layer, which increases sensitivity to execution and macro conditions.

Cash Flow

Cash Flow Despite accounting losses, the business generates positive operating cash flow each year, which indicates that the core operations are cash‑generative once non‑cash charges are taken into account. This is an important strength and reflects the recurring, subscription‑like nature of telecom revenues. Free cash flow is consistently positive but not very large compared with revenue or debt. After funding substantial capital expenditures to maintain and upgrade the network, only a modest amount of cash is left over. This leaves less room for rapid debt reduction, aggressive expansion, or large shareholder returns without additional financing. Capital spending has remained high and steady, which is expected for a company expanding 5G and fiber infrastructure. The trade‑off is clear: strong long‑term network positioning, but near‑term pressure on free cash flow and limited room for financial missteps.

Competitive Edge

Competitive Edge Liberty Latin America operates in an industry where scale and infrastructure matter, and it appears well positioned on both fronts. Its extensive subsea and terrestrial fiber network across many markets is a key structural advantage that would be difficult and expensive for new entrants to replicate. The company benefits from a diversified service mix: fixed broadband, video, telephony, and mobile. Bundling these into triple‑play and quad‑play packages encourages customers to stay longer and spend more per household or business. The pronounced focus on enterprise and government clients adds another layer of resilience and higher‑value revenue streams. Strategic acquisitions have helped Liberty Latin America expand its footprint and deepen market presence, supporting economies of scale in network and back‑office operations. The flip side is complexity: integrating multiple assets and brands across countries with differing regulations, currencies, and competitive environments can strain management and add risk. The separation of Puerto Rican operations adds another strategic twist. It could sharpen focus on Caribbean and Central American networks, but it also introduces execution risk as the business reshapes its portfolio and capital allocation priorities. Overall, the competitive position looks strong on infrastructure and product scope, but it plays out in markets that can be volatile and politically complex.

Innovation and R&D

Innovation and R&D The company is leaning hard into innovation for a telecom operator. Its rollout of advanced mobile networks, including 5G in many cities, and the ability of most fixed networks to deliver very high‑speed broadband, position it as a modern, digital‑first provider rather than a legacy telecom utility. On the customer and operational side, Liberty Latin America is engaged in a deep digital transformation. Partnerships with major technology firms to deploy cloud‑based systems, advanced customer relationship tools, and application programming interfaces signal a push toward more agile, data‑driven operations and better customer experiences. Use of artificial intelligence and machine learning for personalization, zero‑touch digital sales, and self‑service support is another differentiator in markets where many competitors may still rely on older processes. Explorations into generative AI, IoT solutions for businesses, and fixed‑mobile convergence products indicate a pipeline of future offerings built on the upgraded network. The innovation strategy is ambitious and, if executed well, could improve customer satisfaction, reduce operating costs, and open new revenue streams. The risk is that these projects are complex, take time to deliver tangible returns, and require ongoing capital and management attention in already challenging markets.

Summary

Liberty Latin America combines a valuable infrastructure footprint and strong strategic positioning with a more challenging financial profile. On the positive side, it owns critical subsea and terrestrial fiber networks, has broad service offerings across consumer and business segments, and is actively investing in 5G, high‑speed broadband, and digital platforms. These efforts support a clear long‑term vision of being a leading, modern connectivity provider in Latin America and the Caribbean. On the risk side, profitability at the company level remains weak. Operating performance has softened recently, and net income has stayed in the red, while leverage is high and equity has been eroding. Free cash flow exists but is modest relative to the demands of the balance sheet and ongoing capital investment needs. The story is therefore one of a strategically important, infrastructure‑heavy telecom operator that is still working to translate its network strength and innovation agenda into consistent, durable profitability and a stronger financial foundation. Execution on integration, cost discipline, and monetization of new services will likely be key themes going forward, alongside exposure to regional economic and regulatory conditions.

NEWS

November 5, 2025 · 4:51 PM UTC

Liberty Latin America Reports Q3 2025 Results

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October 31, 2025 · 1:22 PM UTC

LIBERTY LATIN AMERICA AND LIBERTY CARIBBEAN FOUNDATION DELIVER CRITICAL HUMANITARIAN AID TO JAMAICA FOLLOWING HURRICANE MELISSA

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October 29, 2025 · 4:30 PM UTC

LIBERTY LATIN AMERICA SCHEDULES INVESTOR CALL FOR THIRD QUARTER 2025 RESULTS

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October 29, 2025 · 3:45 PM UTC

LIBERTY LATIN AMERICA WORKING WITH STARLINK DIRECT TO CELL TO PROVIDE EMERGENCY SERVICE IN AFTERMATH OF HURRICANE MELISSA IN JAMAICA

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