Veon Ltd. VEON
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
What this company does
Written from the business description in VEON Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.
Growth
Revenue compounded at +4.8% a year over the five years to FY2025.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
Return on equity has no reading this year — return on capital employed, just below, still does: 28%.
The 11-year record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 4.4 | 4.0 | 3.7 | 3.8 | 3.9 | 3.5 | 8.1 | 9.1 | 9.5 | 8.9 | 9.6 |
| Operating income $B | 1.4 | 1.1 | 0.9 | 1.2 | 1.0 | 0.8 | 1.9 | 0.6 | 1.5 | 1.1 | 0.5 |
| EBITDA $B | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ |
| Income tax $B | 0.2 | 0.2 | 0.2 | 0.1 | 0.3 | 0.3 | 0.5 | 0.4 | 0.5 | 0.6 | 0.2 |
| Net income $B | 0.6 | 0.5 | −2.5 | −0.0 | 0.8 | −0.3 | 0.7 | 0.4 | −0.5 | 2.4 | −0.6 |
| Free cash flow $B | ◌ | ◌ | ◌ | ◌ | ◌ | 1.9 | ◌ | ◌ | ◌ | ◌ | ◌ |
| EPS, diluted $ | 0.30 | 0.23 | −1.44 | −0.09 | 0.38 | −0.20 | 0.36 | −0.23 | −0.07 | −0.25 | −0.52 |
| Dividend / sh $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | ◌ | ◌ | ◌ | ◌ |
| Payout % — not applicable: no dividend | — | — | — | — | — | — | — | — | — | — | — |
| ROE % | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | −10.4 | 49.1 | −14.2 |
Slide the table for earlier years. "—" not applicable · "◌" not available in our data.
This company against its peers
Company facts, as filed
Reconciled in 5 of the 11 fiscal years we could check. 3 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015. Eight checks were skipped: revenue is not tagged before 2015.