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Financial Snapshot

Revenue
TTM
$2.525B
Gross Margin
TTM
39.25%
Net Income
TTM
$276.7M
Current Assets
2023 Q3
Current Liabilities
2023 Q3
Current Ratio
2023 Q3
135.89%
Total Assets
2023 Q3
Total Liabilities
2023 Q3
$774.8M
Book Value
2023 Q3
$1.154B
Cash
2023 Q3
P/E
TTM
0.009620
Free Cash Flow
TTM
-$367.9M

Stock Price

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Market Cap: $2.6615 Million

About Tingo Group, Inc.

Tingo Group, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. The company is headquartered in Montvale, New Jersey and currently employs 797 full-time employees. The company went IPO on 2004-06-24. The firm is engaged in conducting the financial technology business, Agri-fintech and the food business through its subsidiaries. The Company’s Verticals and Technology segment is engaged in the insurance brokerage business. The Company’s Online Stock Trading segment operates the business of online stock trading, located mainly in Hong Kong and Singapore. Its Comprehensive Platform Service segment includes the operations of Tingo Mobile. Its Food Processing segment includes the operations of Tingo Foods. Tingo Foods has outsourced its processing activities to third-party food processing plants in Nigeria, for which Tingo Foods arranges the supply of raw crops, as well as the customers for the finished processed foods. Its Export and Commodity Trading segment deals in the export and trade of agricultural commodities and processed foods on a global basis, and is operated through Tingo DMCC, which operates from the Dubai Multi Commodity Centre.

Industry: Food and Kindred Products Peers: Daktronics Inc George Risk Industries Inc ITERIS, INC. Keysight Technologies Inc PowerFleet Inc Research Frontiers Inc Sono-Tek Corp Wrap Technologies Inc

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