TEONYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31Also trades as TCMFF

TELECOM ARGENTINA SA

Financials through Q4 FY2025, quarter ended Dec 31, 2025Last filing: 20-F on Mar 11, 2026

$12.20−0.27 (-2.17%)

Close on Oct 19, 2026

TELECOM ARGENTINA SA income statement

Millions of ARS, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Revenue	8,328,814	5,442,958	5,898,611	6,030,998	2,581,043	886,765	487,067	351,948	102,531	60,405	40,496
General & Administrative	–	–	–	–	–	–	–	–	3,306	2,453	1,827
Advertising Expenses	–	–	–	–	–	–	–	–	1,218	874	814
Operating Expenses	7,878,767	5,635,634	6,256,880	8,470,429	2,597,949	827,096	454,610	307,427	80,518	48,089	34,311
Operating Income	450,047	-192,676	-358,269	-2,439,431	-16,906	59,669	32,457	44,521	22,013	12,316	6,229
Interest Expense	748,840	-1,914,786	1,817,071	-246,010	-174,096	72,619	34,229	71,150	334	595	2,232
Interest & Investment Income	–	–	–	–	–	–	–	–	3,115	1,006	1,130
Income from Equity Investments	-3,739	-13,781	-5,014	2,550	2,398	–	–	–	–	–	–
Asset Impairment Charges	27,008	-1,455	900	2,035,760	7,788	1,106	–	–	–	–	–
Pretax Income	-191,736	1,897,467	-1,684,256	-1,920,042	262,399	9,253	21,127	5,651	23,653	16,561	5,127
Income Tax Expense	-46,432	538,237	-968,990	-219,213	202,105	24,260	29,116	-5,943	8,486	6,015	1,692
Net Income incl. Noncontrolling Interests	-145,304	1,359,230	-715,266	-1,700,829	60,294	-15,007	-7,989	11,594	15,167	10,546	3,435
Minority Interest in Earnings	24,702	27,425	23,040	18,137	7,735	1,796	1,045	505	198	89	32
Net Income	-170,006	1,331,805	-738,306	-1,718,966	52,559	-16,803	-9,034	11,089	14,969	10,457	3,403
EPS (Basic)(per share)	-78.94	618.38	-342.81	-798.15	24.40	-7.80	-4.19	5.15	12.64	8.83	3.51
EPS (Diluted)(per share)	-78.94	618.38	-342.81	-798.15	24.40	-7.80	-4.19	5.15	12.64	8.83	3.51
Shares Outstanding (Basic, Weighted)(shares)	2,154	2,154	2,154	2,154	2,154	2,154	2,154	–	1,185	1,185	969
Shares Outstanding (Diluted, Weighted)(shares)	2,154	2,154	2,154	2,154	2,154	2,154	2,154	–	1,185	1,185	969
Dividend per Share(per share)	–	–	–	–	–	–	16.63	–	4.28	2.06	0.83
EBITDA	–	–	–	–	–	–	–	–	28,941	18,514	10,667

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, TTM

Gross margin: –
Operating margin: 5.4%
Net margin: -2.0%
Return on equity, FY2025: -2.4%

Financial strength

Current ratio: 0.48
Debt to equity: 0.79
Debt to assets: 32.7%
Cash to current liabilities: 12.2%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.