Tingo Group, Inc. (TIO)
| Market Cap | 134.75M |
| Revenue (ttm) | 51.16M |
| Net Income (ttm) | -38.94M |
| Shares Out | 129.57M |
| EPS (ttm) | -0.30 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 717,654 |
| Open | 0.93 |
| Previous Close | 0.90 |
| Day's Range | 0.93 - 1.08 |
| 52-Week Range | 0.41 - 1.35 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | 3.06 (+194.23%) |
| Earnings Date | Mar 31, 2023 |
About TIO
Tingo Group, Inc., an agri-fintech company, operates a marketplace platform that empowers social upliftment through mobile, technology, and financial access for rural farming communities in Africa, Southeast Asia, and the Middle East. Its platform service through use of smartphones " "device as a service' to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage commercial activities of growing and selling production to market participants domestically and internationally. The ecosystem provi... [Read more]
Financial Performance
In 2021, Tingo Group's revenue was $55.68 million, an increase of 4646.46% compared to the previous year's $1.17 million. Losses were -$36.43 million, 58.4% more than in 2020.
Financial StatementsNews
Tingo Group to Host Fourth Quarter and Full Year 2022 Results Conference Call on Friday March 31, 2023 at 8:00 a.m. Eastern Time
MONTVALE, N.J., March 27, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) announced today that it will hold a conference call on Friday March 31, 2023 at 8:00 a.m. ...
MICT Announces Rebranding and Name Change to Tingo Group, Inc.
Stock Symbol to Change to NASDAQ: TIO
MICT, Through its Wholly Owned Subsidiary Tingo Foods Plc, Signs Partnership Agreement with Evtec Energy Plc to Build Zero Emission Solar Energy Plant to Power Food Processing Facility
Technologically Advanced Solar Power Plant to Provide Low-Cost, Sustainable Energy to Multi-Billion Dollar Food Processing Facility
Visa and Tingo Mobile, an MICT subsidiary, Launch Partnership to Promote Financial Inclusion and Expand Access to Digital Payment Channels Across Africa
Tingo Visa Card and Payment Services Integrated with Revolutionary TingoPay Super App
MICT to Revolutionize Africa's Food Industry Through Wholly Owned Subsidiary, Tingo Foods, and Commitment to Develop Multi-Billion Dollar Food Processing Facility
Aims to be the Largest Food Processing Facility in Africa, Completing the Tingo Agricultural and Food Eco-System from Seed to Sale
MICT Appoints Specialist Legal Counsel and Team of Expert Advisors to Investigate Suspected Market Manipulation and Illegal Naked Short Selling in Company's Stock and Take Appropriate Action
Directors Initiate Multi-Faceted Strategy to Address Significant Disconnect Between the Company's Share Price and Its Believed True Value, Including Potential Security Repurchases, Special Dividend Pr...
MICT Announces Warrant Repurchase Agreement
MONTVALE, N.J., Feb. 03, 2023 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” and the “Company”) announced today it has entered into repurchase agreements with certain holders of the outstanding...
SHAREHOLDER APPROVAL RECEIVED FOR ALL PROPOSALS AT MICT, INC. ANNUAL SHAREHOLDER MEETING
MONTVALE, NJ, Dec. 30, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today the results of the proxy vote associated with the Company's Annual Shareholders' Meeting. The shareho...
MICT Regains Compliance with Nasdaq Minimum Bid Price Rule
MONTVALE, NJ, Dec. 15, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today that it has received a Bid Price Compliance Letter from The Nasdaq Stock Market LLC ("Nasdaq") inform...
MICT's subsidiary, Tingo Mobile, Launches Global Commodity Platform and Export Business from the Dubai Multi Commodity Centre - the World's No.1 Free Trade Zone
Through Access to Nigeria's 60 Million Farmers v ia AFAN, and Through the Farmers of Ghana and Several Other Territories Expected to Come Online Soon, Tingo has A ccess to up to Several Billion Dollar...
MICT, Inc. Provides Corporate Update; Announces Company is Targeting a Considerable Share Repurchase Program Post-merger Close
Acquisition of Tingo Inc. Operating Business and Assets Remains on Track to Close by November 30, 2022
MICT's ACQUISITION TARGET, TINGO MOBILE, TODAY LAUNCHES KEY PARTNERSHIPS WITH ALL FARMERS ASSOCIATION OF NIGERIA AND VISA
AFAN Launch Commences Rollout of Nwassa Agri-FinTech Platform and Tingo Visa Products to AFAN's Membership of More Than 20 Million Farmers
MICT, Inc. Reports Third Quarter 2022 Results
Revenue Increased 15% Quarter- o ver-Quarter to $13. 8 Million
MICT, Inc. to Announce Third Quarter 2022 Financial Results on Monday, November 14, 2022
MONTVALE, NJ, Nov. 09, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today it will report its third quarter 2022 financial results pre-market on Monday, November 14, 2022. A pr...
MICT Scheduled to Complete Acquisition of Tingo, Inc. Operating Business and Assets Prior to November 30, Following Filing of Tingo Definitive Information Statement
Completion of the Acquisition Gives MICT the Following Significant and Immediate Benefits :
MICT's MERGER TARGET, TINGO MOBILE, SIGNS TRADE AGREEMENT WITH THE UMBRELLA ORGANIZATION FOR ALL AGRICULTURAL AND COMMODITIES ASSOCIATIONS IN NIGERIA
Agreement Includes Commitment to Enrol l a Minimum of 2 0 Million Additional Subscribers to Tingo Mobile 's Agri-Fintech Platform s
MICT Enters Into New Merger Agreement To Acquire 100% of Operating Business and Assets of Tingo Inc.
New Merger Structure is Expected to Lead to a Number of Significant and Immediate Benefits to MICT :
Shareholder Alert - The M&A Class Action Firm Announces the Investigation of MICT, Inc. - MICT
NEW YORK , July 28, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm r...
Nasdaq Grants MICT Extension to Regain Compliance with the $1.00 Minimum Bid Price Rule
MONTVALE, NJ, July 27, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” ot the “Company”) announces that it has received a letter from Nasdaq granting it an additional 180-day extension, or ...
MICT Scheduled to File First Quarter 2022 Financial Results Ahead of Close of Business Friday, July 22, 2022
MONTVALE, NJ, July 20, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) today announces its intention to file its Form 10-Q outlining first quarter 2022 financial results by cl...
MICT, Inc. Reports Fourth Quarter and Full Year 2021 Results with $55M Annual Revenues
$9.2M in Gross Profit by Insurance Business for Full Year 2021, of w hich $3.9M in Gross Profit Was Delivered in Q4 , Equating to Q uarter -o ver -Q uarter G rowth of 39.3%
MICT to Announce Full Year 2021 Results After Close of Market on June 17, 2022
MONTVALE, N.J., June 17, 2022 (GLOBE NEWSWIRE) -- MICT Inc. (Nasdaq: MICT) (the “Company), today announces that as previously disclosed it will announce its financial results for the fiscal year ended...
MICT Receives In-Principal Approval of Capital Markets Services License from the Monetary Authority of Singapore
The Final CMS License, Expected in the Coming Weeks , Will Allow MICT to Roll Out its ‘Magpie Invest' Proprietary Stock Trading App Throughout the Singapore Market While Also Enabling it to Expand its...
MICT and Tingo Complete Due Diligence Process Leading to Progression of Merger
Parties Enter into Amended and Restated Merger Agreement to Confirm Due Diligence Process is Successfully Completed
MICT Scheduled to File Year End 2021 Financial Results Ahead of Close of Business Friday, June 17, 2022
MONTVALE, NJ, June 14, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) today announces its intention to file its Form 10-K outlining year-end financial results from 2021 by cl...