VEON Ltd.VEONEarnings & Financial Report
VEON Ltd., also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline...
VEON Q2 FY2025 Key Financial Metrics
Revenue
$1.1B
Gross Profit
N/A
Operating Profit
$820.0M
Net Profit
$608.0M
Gross Margin
N/A
Operating Margin
75.4%
Net Margin
55.9%
YoY Growth
5.8%
EPS
$0.34
VEON Ltd. Q2 FY2025 Financial Summary
VEON Ltd. reported revenue of $1.1B (up 5.8% YoY) for Q2 FY2025, with a net profit of $608.0M (up 583.1% YoY) (55.9% margin).
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $608.0M |
| Gross Margin | N/A |
| Operating Margin | 75.4% |
| Report Period | Q2 FY2025 |
VEON Ltd. Quarterly Revenue & Net Profit History
VEON Ltd. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $1.1B | +5.8% | $608.0M | 55.9% |
| Q2 FY2024 | $1.0B | +12.1% | $89.0M | 8.7% |
| Q2 FY2023 | $916.0M | -4.3% | $271.0M | 29.6% |
| Q2 FY2022 | $957.0M | -49.7% | $184.0M | 19.2% |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Revenue | $957.0M | $916.0M | $1.03B | $1.09B |
| YoY Growth | -49.7% | -4.3% | 12.1% | 5.8% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Assets | $17.69B | $13.01B | $7.33B | $8.46B |
| Liabilities | $16.13B | $12.02B | $6.20B | $6.97B |
| Equity | $1.56B | $988.0M | $1.13B | $1.50B |