Stock Fundamentals

Company Information

Company Name
Tingo Group Inc.
Sector
Technology
Industry
Software - Application
Exchange
NASDAQ
ISIN: US55328R1095
CIK: 0000854800
Currency: USD
Full Time Employees: 797
Phone: 201 225 0190
Fiscal Year End: December
IPO Date: Jun 25, 2004
Description:

Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a service and pre-loaded platform product; Nwassa platform, a digital agriculture ecosystem that empowers rural farmers and agri-businesses; and insurance platform, an online automobile insurance after-market service to connect automobile insurance customers with auto repair shops and auto wash stores nationwide, as well as provide customers auto membership services, including online gas card recharge, online shopping, insurance claim settlements, roadside assistance, car wash appointment and maintenance and promotion coupons, insurance loyalty points, and other related supporting services for insurance members. The company also offers TingoPay, a B2C and B2B fintech platform and super-app that offers payment services, an e-wallet, foreign exchange, and merchant services; Tingo Foods, a food processing business that processes raw foods into finished products such as rice, pasta, and noodles; and Tingo DMCC, a commodity trading platform and agricultural commodities export business. In addition, it provides Magpie Invest, a proprietary technology investment trading platform offers margin financing services, as well as offers smart phone leasing, an agri-marketplace, airtime top ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services. The company was formerly known as MICT, Inc. and changed its name to Tingo Group, Inc. in February 2023. Tingo Group, Inc. is based in Montvale, New Jersey.

Address:

28 West Grand Avenue, Montvale, NJ, United States, 07645

Directors & Officers

Name Title Year Born
Mr. Hao Chen Group Interim Chief Financial Officer 1982
Ms. Shamian Moran-Rachel Amran Controller 1981
Mr. Kenneth Ian Denos Esq., J.D. Interim Group CEO & Director 1968
Mr. Gabriel David Chief Audit Executive NA

Shares Statistics

Shares Outstanding: 241.95M
Shares Float: 145.22M
% Insiders: 2,696.20%
% Institutions: 2,837.60%
Short % Float: 11.50%

Valuation Metrics

Enterprise Value: $163.67M
Trailing P/E: 1.53
Forward P/E: 0.42

Financial Highlights

Market Cap: $166.95M
EBITDA: $900.28M
P/E Ratio: $1.53
Book Value: $2.54
Earnings/Share: $0.45
Profit Margin: 10.99%
Operating Margin: 11.38%
ROA (TTM): 34.85%
ROE (TTM): 43.24%
Revenue (TTM): $2.53B
Revenue/Share (TTM): $15.29
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 4,161.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2022-12-31 2.00x 0.00x 0.21x -15.72x 0.07x
2021-12-31 5.02x 0.02x 0.17x N/A -0.08x
2020-12-31 4.77x 0.02x 0.15x -2.22x -0.07x
2019-12-31 15.23x 0.57x 0.45x -9.97x -0.49x
2018-12-31 0.92x -6.05x 0.90x N/A -0.94x
2017-12-31 1.14x 10.00x 0.80x N/A -1.13x
2016-12-31 1.34x 1.93x 0.66x N/A -2.78x
2015-12-31 1.66x 1.05x 0.57x N/A -13.07x
2014-12-31 1.80x 0.74x 0.55x N/A -22.69x
2013-12-31 3.07x 0.28x 0.40x N/A 0.91x
2012-12-31 2.34x 0.63x 0.56x N/A 14.01x
2011-12-31 2.94x 0.49x 0.71x 3.18x 0.93x
2010-12-31 1.98x 0.12x 0.56x 9.44x 0.12x
2009-12-31 1.29x 3.12x 0.82x 0.82x 8.62x
2008-12-31 1.20x 4.77x 0.84x 1.48x 7.72x
2007-12-31 1.22x 4.66x 0.84x N/A 5.85x
2006-12-31 1.19x 4.26x 0.85x N/A 7.46x
2005-12-31 1.20x 3.56x 0.82x N/A 8.34x
2004-12-31 1.28x 2.75x 0.78x N/A 2.87x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Oct 13, 2023 Agri-Fintech Holdings, Inc. N/A Sale 10.00M $0.90 $9.00M

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