Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 9

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 9
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5 $485.5 $203.1 $(73.1)$— $1,701.6 Organic changes related to:Revenue32.3 20.6 (10.1)(169.7)33.9 (3.9)1.1 (95.8)Programming and other direct costs of services6.1 3.8 4.6 46.6 (9.6)— (4.9)46.6 Other operating costs and expenses1.2 17.6 (14.0)(55.1)(9.7)(12.4)3.8 (68.6)Non-organic increases (decreases):FX(3.2)— 0.7 — 11.8 (0.4)— 8.9 An acquisition— — — 1.0 — — — 1.0 December 31, 2024$633.3 $269.7 $242.7 $308.3 $229.5 $(89.8)$— $1,593.7 

II-6

Adjusted OIBDA Margin

The following table sets forth the Adjusted OIBDA Margin of each of our reportable segments:

 Year ended December 31, 20242023 %C&W Caribbean43.3 41.5 C&W Panama35.3 30.7 Liberty Networks54.2 57.7 Liberty Puerto Rico24.5 34.2 Liberty Costa Rica37.4 37.1 

Adjusted OIBDA margin is impacted by organic changes in revenue, programming and other direct costs of services and other operating costs and expenses. We incurred aggregate integration costs (i) during 2024 of $17 million within our Liberty Puerto Rico segment, and (ii) during 2023, of $26 million within our Liberty Puerto Rico, Liberty Costa Rica and C&W Panama segments.

Revenue 

Most of our segments derive their revenue primarily from (i) residential fixed services, including video, broadband internet and fixed-line telephony, (ii) mobile services and (iii) B2B enterprise services. Liberty Networks also provides wholesale services over its subsea and terrestrial fiber optic cable networks.

While not specifically discussed in the below explanations of the changes in revenue, we experience significant competition in all of our