Tingo Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Equivalents	53.42	500.32	96.62	29.05	3.15	2.17
Short-Term Investments	0.27	0.29	1.34	-	-	-
Cash & Short-Term Investments	53.69	500.6	97.95	29.05	3.15	2.17
Cash Growth	-21.75%	411.06%	237.20%	821.02%	45.08%	2.84%
Accounts Receivable	359.19	11.54	17.88	0.52	-	1.01
Other Receivables	7.14	1.97	1.03	0.23	0.01	0.13
Receivables	374.93	26.73	24.05	0.75	0.29	1.14
Inventory	0.14	-	-	2	-	4.35
Prepaid Expenses	0.16	1.02	1.72	1.3	0.93	0.16
Restricted Cash	-	-	-	-	0.05	-
Other Current Assets	193.19	2.82	3.78	0.58	-	0.05
Total Current Assets	622.1	531.18	127.5	33.68	4.42	7.87
Property, Plant & Equipment	812.42	857.39	2.6	0.71	0.03	0.66
Long-Term Investments	0.05	0.74	1.48	3.04	0.99	-
Goodwill	211.85	101.25	19.79	22.41	-	-
Other Intangible Assets	280.94	185.41	21.44	17.16	-	-
Long-Term Deferred Tax Assets	-	3.66	1.76	-	-	-
Other Long-Term Assets	1.81	2.75	3.24	0.74	0.48	1.61
Total Assets	1,929	1,682	177.81	77.73	5.92	10.14
Accounts Payable	262.53	11.09	14.42	0.84	-	1.53
Accrued Expenses	-	12.06	2.58	4.63	0.28	0.88
Short-Term Debt	0.16	0.46	1.66	0.88	-	2.33
Current Portion of Long-Term Debt	-	-	-	-	-	3.48
Current Portion of Leases	0.69	1.22	1.3	0.11	-	-
Current Income Taxes Payable	-	178.58	0.37	-	-	-
Current Unearned Revenue	-	1.4	0.99	0.09	-	0.09
Other Current Liabilities	194.41	60.58	4.09	0.44	0.01	0.24
Total Current Liabilities	457.79	265.4	25.39	6.99	0.29	8.55
Long-Term Debt	210.48	0.38	-	-	1.86	-
Long-Term Leases	0.38	0.91	0.69	0.16	-	-
Long-Term Deferred Tax Liabilities	105.46	89.6	3.95	4.26	-	-
Other Long-Term Liabilities	0.69	0.05	0.06	0.63	0.53	0.59
Total Liabilities	774.8	356.32	30.09	12.04	2.67	9.14
Common Stock	0.24	0.16	0.12	0.07	0.01	0.01
Additional Paid-In Capital	949.19	889.58	220.79	102.2	14.11	11.91
Retained Earnings	170.53	-123.46	-76.39	-39.97	-16.97	-12.76
Comprehensive Income & Other	-518.95	4.37	-0.41	-0.37	0.07	-0.12
Total Common Equity	601.01	770.64	144.1	61.93	-2.79	-0.96
Minority Interest	0.31	2.36	3.62	3.63	-	1.96
Shareholders' Equity	1,154	1,326	147.72	65.7	3.24	1
Total Liabilities & Equity	1,929	1,682	177.81	77.73	5.92	10.14
Total Debt	211.72	2.96	3.65	1.16	1.86	5.81
Net Cash (Debt)	-158.03	497.65	94.31	27.89	1.3	-3.64
Net Cash Growth	-	427.68%	238.09%	2049.00%	-	-
Net Cash Per Share	-0.38	3.85	0.84	1.01	0.12	-0.40
Filing Date Shares Outstanding	241.95	163.73	129.57	114.18	11.09	10.73
Total Common Shares Outstanding	236.27	157.6	122.44	68.76	11.09	9.34
Working Capital	164.31	265.78	102.11	26.69	4.13	-0.68
Book Value Per Share	2.54	4.89	1.18	0.90	-0.25	-0.10
Tangible Book Value	108.23	483.99	102.87	22.36	-2.79	-0.96
Tangible Book Value Per Share	0.46	3.07	0.84	0.33	-0.25	-0.10
Land	-	8.1	-	-	-	-
Buildings	-	29.26	-	0.03	-	1.85
Machinery	-	1,446	1	0.59	0.11	2.02
Leasehold Improvements	-	0.23	0.2	-	-	-

Updated Nov 20, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.