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    Tingo Group, Inc. (TIO)

    Price:

    0.69 USD

    ( - 0 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    TIO
    Name
    Tingo Group, Inc.
    Industry
    Computer Hardware
    Sector
    Technology
    Price
    0.690
    Market Cap
    166.948M
    Enterprise value
    -496.376M
    Currency
    USD
    Ceo
    Kenneth Ian Denos
    Full Time Employees
    797
    Ipo Date
    2012-10-17
    City
    Montvale
    Address
    28 West Grand Avenue

    Check the

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    SIMILAR COMPANIES STI SCORE

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    Sandisk Corporation

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    Symbol
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    Market Cap
    7.253B
    Industry
    Computer Hardware
    Sector
    Technology

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    Nano Dimension Ltd.

    VALUE SCORE:

    9

    Symbol
    NNDM
    Market Cap
    370.034M
    Industry
    Computer Hardware
    Sector
    Technology

    The best

    Super Micro Computer, Inc.

    VALUE SCORE:

    9

    Symbol
    SMCI
    Market Cap
    32.953B
    Industry
    Computer Hardware
    Sector
    Technology
    FUNDAMENTALS
    P/E
    -0.027
    P/S
    0.017
    P/B
    0.002
    Debt/Equity
    0.004
    EV/FCF
    -73.971
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    -3.389
    Earnings yield
    -36.390
    Debt/assets
    0.002
    FUNDAMENTALS
    Net debt/ebidta
    -17.779
    Interest coverage
    -15.723
    Research And Developement To Revenue
    0.012
    Intangile to total assets
    0.170
    Capex to operating cash flow
    0.856
    Capex to revenue
    0.271
    Capex to depreciation
    0.997
    Return on tangible assets
    -0.034
    Debt to market cap
    1.222
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    -0.019
    P/CF
    1.940
    P/FCF
    -9.631
    RoA %
    -2.798
    RoIC %
    -3.829
    Gross Profit Margin %
    44.367
    Quick Ratio
    2.001
    Current Ratio
    2.001
    Net Profit Margin %
    -32.231
    Net-Net
    -3.007
    FUNDAMENTALS PER SHARE
    FCF per share
    0.052
    Revenue per share
    1.129
    Net income per share
    -0.364
    Operating cash flow per share
    0.358
    Free cash flow per share
    0.052
    Cash per share
    3.868
    Book value per share
    5.976
    Tangible book value per share
    3.760
    Shareholders equity per share
    5.958
    Interest debt per share
    0.029
    TECHNICAL
    52 weeks high
    0.800
    52 weeks low
    0.665
    Current trading session High
    0.800
    Current trading session Low
    0.665
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    56.136
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0.1710171%
    Payout Ratio
    180.90397000000002%
    P/E
    16.388
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.864

    No data to display

    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -43.044
    logo

    Country
    CA
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -37.341
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -1.113
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -41.257
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -79.861
    logo

    Country
    US
    Sector
    Technology
    Industry
    Computer Hardware
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    31.595
    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.

    NEWS
    https://images.financialmodelingprep.com/news/tingo-group-inc-to-file-form-25-to-voluntarily-20240220.jpg
    Tingo Group, Inc. to File Form 25 to Voluntarily Delist its Common Stock from the Nasdaq Stock Market

    globenewswire.com

    2024-02-20 17:00:00

    MONTVALE, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announced that the Company intends to voluntarily terminate the listing of its common stock on the Nasdaq Stock Market (“Nasdaq”).

    https://images.financialmodelingprep.com/news/tingo-group-receives-nasdaq-notification-relating-to-its-recently-20240112.jpg
    Tingo Group Receives Nasdaq Notification Relating to its Recently Filed Financial Statements Non-Reliance Disclosure

    globenewswire.com

    2024-01-12 13:00:00

    GlobeNewswire window.initGradientEffect = function () { } document.addEventListener('DOMContentLoaded', function () { const extendedTableZoomElements = document.querySelectorAll('.extended-table-zoom'); if (extendedTableZoomElements && extendedTableZoomElements.length > 0) { if (!window.Stickyfill) { setTimeout(() => { window.Stickyfill.add(extendedTableZoomElements); }, 500); } else { window.Stickyfill.add(extendedTableZoomElements); } } const socialMediaSideBarContainerElement = document.querySelectorAll('.social-media-side-bar-container'); if (socialMediaSideBarContainerElement && socialMediaSideBarContainerElement.length > 0) { if (!window.Stickyfill) { setTimeout(() => { window.Stickyfill.add(socialMediaSideBarContainerElement); }, 500); } else { window.Stickyfill.add(socialMediaSideBarContainerElement); } } }, false); window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-ERWPGTJ5X8'); Accessibility: Skip TopNav // used in ui component window.pnrApplicationSettings = { Application:"pnr", SelectedLocale: 'en-US', PnrHostUrl: 'https://www.globenewswire.com', IsAuthenticated: false, ContextUser: '', ApplicationUrl: 'https://www.globenewswire.com', PageContext: '', SubscriptionId: 0, SubscriptionName: '', ArticleLogoUrl: '', ArticleHeadline: '', IsMobileVersion: 'False' === "True" ? true : false, HideLanguageSelection : false, NewsSearchHeading: '', ArticleMediaAttachments: [], AuthSessionExpirationMinutes: '0', AppLogoUrl: 'https://www.globenewswire.com/content/logo/color.svg', ReaderForgotPasswordUrl: 'https://pnrlogin.globenewswire.com/en/reset/confirmresetpassword', ReaderRegisterUrl: 'https://pnrlogin.globenewswire.com/en/register', IsQuickSignInEnabled: true, ReaderAccountBaseUrl: '', articleSideBarSettings:{}, SiteSupportedLanguages: 'en,fr,de,es', CookieConsentSettings:{}, }; We're sorry, you encountered a page that doesn't exist.

    https://images.financialmodelingprep.com/news/what-really-happened-to-dozy-mmobuosi-tingo-group-stock-20240106.jpg
    What really happened to Dozy Mmobuosi Tingo Group stock?

    invezz.com

    2024-01-06 04:25:58

    Tingo Group (NASDAQ: TIO) stock price has been frozen in the past two months as woes in the company have intensified. After peaking at $5.69 in May 2023, the shares had crashed to $0.69, erasing over $3 billion in value.

    https://images.financialmodelingprep.com/news/tingo-group-announces-interim-coceo-to-temporarily-step-down-20231220.jpg
    Tingo Group Announces Interim Co-CEO to Temporarily Step Down by Mutual Agreement

    globenewswire.com

    2023-12-20 14:52:00

    MONTVALE, N.J., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), has today announced that Mr.

    https://images.financialmodelingprep.com/news/tingo-groups-commitment-to-corporate-social-responsibility-and-sustainability-20231205.jpg
    Tingo Group's Commitment to Corporate Social Responsibility and Sustainability Recognized with SERAS Africa CSR / Sustainability Awards Nominations

    globenewswire.com

    2023-12-05 10:00:00

    Five Nominations Include Best Company in Food Security and Best Company in Poverty Reduction Fellow Nominees Including Nestle, Unilever, Dangote Sugar, Anheuser-Busch's International Breweries, Fidelity Bank, Total Energies and Airtel MONTVALE, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its Corporate Social Responsibility (CSR) and Sustainability efforts have been recognized through its nomination as a finalist in five categories at the 17th annual SERAS Africa CSR & Sustainability Awards.

    https://images.financialmodelingprep.com/news/tingo-group-receives-nasdaq-request-for-information-following-expiry-20231129.jpg
    Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission's Temporary Suspension of Trading in the Company's Securities

    globenewswire.com

    2023-11-29 08:20:00

    Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission's Temporary Suspension of Trading in the Company's

    https://images.financialmodelingprep.com/news/tingo-group-inc-tio-q3-2023-earnings-call-transcript-20231117.jpg
    Tingo Group, Inc. (TIO) Q3 2023 Earnings Call Transcript

    seekingalpha.com

    2023-11-17 14:43:04

    Tingo Group, Inc. (NASDAQ:TIO ) Q3 2023 Results Conference Call November 14, 2023 8:00 AM ET Company Participants Kenneth Denos - Co-Chief Executive Officer Operator Greetings, and welcome to the Tingo Group Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

    https://images.financialmodelingprep.com/news/tingo-group-inc-reports-third-quarter-2023-financial-results-20231114.jpg
    Tingo Group, Inc. Reports Third Quarter 2023 Financial Results

    globenewswire.com

    2023-11-14 07:00:00

    Net Revenues for the 9 Months Ended September 30, 2023 Amounted to $2.41 Billion Operating Profit for the 9 Months Ended September 30, 2023 Amounted to $492.5 Million and EBITDA 1 for the 9 Months Amounted to $777.9 Million Lease of 6 Million New Phones and Corresponding Customer Onboarding to Nwassa Platform Scheduled to Commence from December 2023 International Expansion Gaining Pace with Pilot Program Launch in Malawi and MOU Signed with Government of Pakistan for Nationwide Rollout Management to Host Conference Call Today at 8:00 a.m. Eastern Time MONTVALE, N.J.

    https://images.financialmodelingprep.com/news/all-farmers-association-of-nigeria-afan-exclusively-adopts-tingo-20231113.jpg
    All Farmers Association of Nigeria (AFAN) Exclusively Adopts Tingo Mobile's Nwassa Marketplace Platform for its Members

    globenewswire.com

    2023-11-13 08:30:00

    AFAN Launches Nationwide Marketing of the Nwassa Marketplace Platform to all its Members AFAN to Promote Nwassa Platform to its Farmers as their Recommended Method for the Purchase of Farming Inputs; Sale of Agricultural Produce; and Purchase of a Range of Value-added Services Six Million New Tingo Mobile Smartphones to be Leased by AFAN Beginning in December 2023 First Rice Harvest on Land Cultivated Through AFAN and Tingo Mobile Partnership Commenced, Plans to Increase Scope of the Program to Cultivate Larger Areas of Land Tingo Mobile, AFAN and PCX Partnership's Warehouse Network Now Being Utilized Nationwide MONTVALE, N.J., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its trade partner, the All Farmers Association of Nigeria (“AFAN”), has formally adopted Tingo Mobile's Nwassa as its exclusive marketplace platform for its members.

    https://images.financialmodelingprep.com/news/tingo-group-to-host-third-quarter-2023-results-conference-20231109.jpg
    Tingo Group to Host Third Quarter 2023 Results Conference Call on Tuesday November 14, 2023 at 8:00 a.m. Eastern Time

    globenewswire.com

    2023-11-09 08:00:00

    MONTVALE, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that it will hold a conference call on Tuesday November 14, 2023 at 8:00 a.m.

    https://images.financialmodelingprep.com/news/tingo-group-signs-agreement-with-governmental-body-in-pakistan-20231024.jpg
    Tingo Group Signs Agreement with Governmental Body in Pakistan for Implementation and Rollout of Tingo's Businesses Throughout the Country

    globenewswire.com

    2023-10-24 11:30:00

    MONTVALE, N.J., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced that it has executed a Memorandum of Understanding (“MOU”) with the Khyber Pakhtunkhwa Information Technology Board (“KPITB”) to launch and roll out the Company's business and service offerings into Pakistan.

    https://images.financialmodelingprep.com/news/tingo-group-opens-new-headquarters-for-africa-to-facilitate-20231020.jpg
    Tingo Group Opens New Headquarters for Africa to Facilitate Acceleration of Expansion Plans and Growth

    globenewswire.com

    2023-10-20 08:31:00

    MONTVALE, N.J., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced the opening of a prestigious new Africa headquarters in Lagos, Nigeria.

    https://images.financialmodelingprep.com/news/tingo-group-extends-redemption-period-of-series-b-preferred-20230929.jpg
    Tingo Group Extends Redemption Period of Series B Preferred Stock to December 31, 2023

    globenewswire.com

    2023-09-29 08:00:00

    Conversion of Series B Preferred Stock Expected to Occur within Extended Forbearance Period Provides Update on Previously Announced Dividend MONTVALE, N.J., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, and food company, today announced it has entered into a new forbearance agreement with the holder of the Company's Series B Preferred Stock, under the terms of which the holder will extend the redemption period until at least December 31, 2023.

    https://images.financialmodelingprep.com/news/tingo-group-launches-next-generation-of-tingopay-super-app-20230914.jpg
    Tingo Group Launches Next Generation of TingoPay Super App

    globenewswire.com

    2023-09-14 08:30:00

    Full Version Launched on Both iOS and Android Following Successful Beta Test New Functions Including Retailer Voucher Cards, Educational and Exam Payments, Cable Television Subscriptions and Electricity Bill Payments Integrated Visa Debit Card, Digital Wallet and Bill Pay Through Tingo Mobile's Pan-African Partnership with Visa Visa Powered Merchant Services Aims to Transform Commerce and Trade Opportunities for Africa's Farmers and SME Businesses MONTVALE, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today announced the launch of the next-generation version of its super app, TingoPay.

    https://images.financialmodelingprep.com/news/tingo-group-issues-response-to-shortsellers-statement-of-september-20230906.jpg
    Tingo Group Issues Response to Short-Seller's Statement of September 5, 2023

    globenewswire.com

    2023-09-06 08:40:00

    Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Seller's Allegations Against the Company Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Seller's Allegations Against the Company

    https://images.financialmodelingprep.com/news/tingo-group-issues-response-into-further-allegations-made-against-20230901.jpg
    Tingo Group Issues Response Into Further Allegations Made Against the Company by Short-Seller

    globenewswire.com

    2023-09-01 12:05:00

    MONTVALE, N.J., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today issues a response to further allegations made by short seller Hindenburg Research (“Hindenburg”) on August 31, 2023.