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Last update at 2024-12-24T14:30:00Z
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | -10.39100M | -38.94900M | -23.96200M | -4.75300M | -10.35400M |
Minority interest | 1.54M | 0.73M | 0.66M | 0.55M | - |
Net income | -47.06900M | -36.42800M | -22.99200M | -4.21700M | -2.61000M |
Selling general administrative | 58.16M | 36.49M | 14.23M | 3.03M | 6.34M |
Selling and marketing expenses | 11.14M | 6.81M | -0.03800M | 0.20M | 1.58M |
Gross profit | 64.79M | 9.22M | -0.05800M | -0.36900M | 3.51M |
Reconciled depreciation | 5.59M | 3.09M | 1.85M | 0.09M | - |
Ebit | -11.79200M | -37.89600M | -16.57900M | -4.16800M | -6.15500M |
Ebitda | -6.20200M | -34.80800M | -14.73200M | -4.08000M | -4.73700M |
Depreciation and amortization | 5.59M | 3.09M | 1.85M | 0.09M | 1.42M |
Non operating income net other | - | - | - | - | - |
Operating income | -11.79200M | -37.89600M | -16.57900M | -3.86900M | -9.08700M |
Other operating expenses | 157.83M | 93.57M | 17.75M | 4.35M | 21.78M |
Interest expense | - | - | - | - | - |
Tax provision | 37.47M | -1.79100M | -0.32600M | 0.02M | - |
Interest income | - | - | - | - | - |
Net interest income | -0.75000M | 0.40M | -7.46200M | -0.38800M | - |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 37.47M | -1.79100M | -0.32600M | 0.02M | 0.61M |
Total revenue | 146.03M | 55.68M | 1.17M | 0.48M | 14.16M |
Total operating expenses | 76.58M | 47.12M | 16.52M | 3.50M | 11.13M |
Cost of revenue | 81.24M | 46.46M | 1.23M | 0.85M | 10.65M |
Total other income expense net | 2.15M | -1.44800M | 0.08M | -0.49600M | -1.46600M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | -48.61100M | -37.15800M | -23.63600M | -4.77000M | - |
Net income applicable to common shares | - | -36.42800M | -22.99200M | -4.21700M | - |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 1682.36M | 177.81M | 77.73M | 5.92M | 10.14M |
Intangible assets | 185.41M | 21.44M | 17.37M | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 5.83M | 6.81M | 1.76M | 0.01M | 0.05M |
Total liab | 909.36M | 30.09M | 12.04M | 2.67M | 9.14M |
Total stockholder equity | 770.64M | 144.10M | 62.06M | 3.24M | -0.96000M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 250.10M | 7.95M | 4.91M | 0.29M | 1.12M |
Common stock | 0.16M | 0.12M | 0.07M | 0.01M | 0.00900M |
Capital stock | 0.16M | 0.12M | 0.07M | 0.01M | - |
Retained earnings | -123.46300M | -76.39400M | -39.96600M | -16.97400M | -12.75700M |
Other liab | - | 4.01M | 4.89M | 0.53M | - |
Good will | 101.25M | 19.79M | 22.41M | - | - |
Other assets | - | 5.00M | 0.74M | 0.48M | - |
Cash | 500.32M | 94.93M | 29.05M | 3.15M | 2.17M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 265.39M | 25.39M | 6.99M | 0.29M | 8.55M |
Current deferred revenue | 2.53M | 0.07M | 0.35M | - | 0.09M |
Net debt | -497.35900M | -91.28400M | -28.00100M | -1.29800M | 3.64M |
Short term debt | 1.68M | 2.96M | 0.88M | - | 5.81M |
Short long term debt | 0.46M | 1.66M | 0.88M | - | - |
Short long term debt total | 2.96M | 3.65M | 1.05M | 1.86M | 5.81M |
Other stockholder equity | 1779.16M | 220.79M | 102.33M | 40.27M | 11.90M |
Property plant equipment | - | 2.60M | 0.71M | 0.03M | - |
Total current assets | 531.18M | 127.50M | 33.33M | 4.42M | 7.87M |
Long term investments | 0.73M | 1.48M | 3.04M | 0.99M | - |
Net tangible assets | - | 102.87M | 22.36M | -2.78600M | - |
Short term investments | - | - | - | - | - |
Net receivables | 25.03M | 24.05M | 0.52M | 0.29M | 1.14M |
Long term debt | 0.38M | - | - | 1.86M | - |
Inventory | - | 0.00000M | 2.00M | 0.96M | 4.34M |
Accounts payable | 11.09M | 14.42M | 0.84M | 0.00000M | 1.53M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 4.37M | -0.41400M | -0.37000M | 0.07M | -0.11700M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 2.75M | 3.24M | 0.74M | 0.48M | 1.61M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 1151.18M | 50.31M | 44.40M | 1.50M | 2.27M |
Capital lease obligations | 2.12M | 1.99M | 0.16M | - | - |
Long term debt total | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | 366.96M | -8.85300M | -3.27900M | -1.04000M | - |
Change to liabilities | - | 11.31M | -0.90500M | -0.39400M | - |
Total cashflows from investing activities | - | -8.85300M | -3.27900M | -1.04000M | - |
Net borrowings | - | 1.68M | -1.47600M | -0.27400M | - |
Total cash from financing activities | -10.71500M | 109.60M | 37.43M | 5.88M | 0.99M |
Change to operating activities | - | -6.57400M | 10.22M | -1.15600M | - |
Net income | -48.61100M | -37.15800M | -23.63600M | -4.77000M | -4.11600M |
Change in cash | 403.51M | 67.82M | 25.85M | 1.02M | -0.22400M |
Begin period cash flow | 99.04M | 29.53M | 3.20M | 2.17M | 2.40M |
End period cash flow | 502.55M | 97.35M | 29.05M | 3.20M | 2.17M |
Total cash from operating activities | 46.01M | -33.02500M | -8.30000M | -3.79700M | -5.31500M |
Issuance of capital stock | 0.00000M | 105.37M | 34.93M | 6.03M | - |
Depreciation | 39.77M | 3.09M | 1.78M | 0.09M | 1.42M |
Other cashflows from investing activities | - | -4.26500M | 0.04M | -0.37500M | - |
Dividends paid | - | - | - | - | - |
Change to inventory | 12.47M | -6.57400M | -0.00500M | 0.35M | 0.53M |
Change to account receivables | 7.75M | -19.57900M | -1.88500M | -0.44700M | 4.08M |
Sale purchase of stock | - | 0.00000M | -15.90000M | - | - |
Other cashflows from financing activities | 0.14M | 4.43M | 18.90M | 8.01M | 5.96M |
Change to netincome | - | 15.16M | 3.80M | 0.84M | - |
Capital expenditures | 63.34M | 1.21M | 0.03M | 0.06M | 0.04M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | 46.93M | -14.84600M | 0.35M | -0.53000M | 1.13M |
Stock based compensation | 0.21M | 0.71M | 4.48M | 0.59M | 0.55M |
Other non cash items | 7.72M | 15.18M | 9.27M | 0.82M | -4.81500M |
Free cash flow | -17.33400M | -34.23400M | -8.33200M | -3.85400M | -5.35900M |
Sector: Technology Industry: Software - Application
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
TIO Tingo Group Inc. |
0.0001 1.39% | 0.0073 | - | 0.42 | 0.07 | 0.006 | 0.06 | 0.19 |
CRM Salesforce.com Inc |
-2.14 0.63% | 336.31 | 100.89 | 27.47 | 7.42 | 4.34 | 7.44 | 26.81 |
SAPGF SAP SE |
- -% | 247.03 | 76.28 | 22.88 | 5.61 | 3.84 | 5.59 | 26.18 |
SAP SAP SE ADR |
-1.61 0.64% | 248.54 | 75.80 | 22.37 | 5.62 | 3.75 | 5.51 | 25.79 |
INTU Intuit Inc |
-8.29 1.30% | 630.28 | 55.56 | 32.68 | 11.28 | 10.07 | 11.62 | 40.11 |
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.
28 West Grand Avenue, Montvale, NJ, United States, 07645
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 |
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