1. United States of America Stocks

  2. •

    Technology

  3. •

    Software - Application
Tingo Group, Inc.

Tingo Group, Inc.

TIOG
Tingo Group, Inc.US flagOther OTC
0.00
USD
- -
- -
508,101.00Market Cap
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
3.43
6.26
5.49
6.99
5.87
4.02
2.23
2.58
1.54
0.04
0.04
0.49
1.13
14.53
Basic EPS, GAAP
0.5
0.84
1.67
-0.1
-0.37
-0.42
-0.97
-1.14
-0.28
-0.39
-0.83
-0.32
-0.36
1.6
Free Cash Flow per Basic Share
0.86
-1.38
1.04
0.64
-0.27
-0.46
-0.8
-0.6
-0.58
-0.36
-0.3
-0.29
-0.13
-2.25
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.72
2.16
2.75
1.66
1.08
0.65
-0.33
-1.42
-1.39
-1.59
-1.44
-0.68
-0.95
0.98
Tangible Book Value per Share
1.25
2.23
4.77
4.88
2.51
2.22
1.24
0.46
0.06
0.3
0.95
0.95
3.76
0.62
Basic Weighted Avg Shares
3
2
3
5
6
6
6
7
9
11
28
113
129
174
Sales/Revenue/Turnover
11
10
18
36
34
24
13
18
14
- -
1
56
146
2,525
Operating Margin (%)
25.49
18.66
-1.83
12.91
-5.36
-10.69
-45.08
-25.42
-53.81
-811.11
-1,413.38
-68.07
-8.07
21.85
Depreciation Expense
- -
- -
1
1
1
2
1
1
1
- -
2
3
40
322
Net Income, GAAP
2
1
5
- -
-2
-2
-6
-8
-3
-4
-23
-36
-47
278
Effective Tax Rate (%)
4.16
- -
- -
21.59
- -
- -
- -
- -
- -
- -
- -
- -
- -
42.37
Profit Margin (%)
14.58
13.39
30.45
-1.39
-6.25
-10.46
-43.71
-44.41
-18.43
-884.07
-1,960.1
-65.43
-32.23
10.99
Working Capital
4
8
19
26
16
13
7
3
-1
4
27
102
266
164
LT Debt
1
4
5
4
4
2
1
1
- -
2
- -
1
1
211
Total Equity
4
4
17
26
20
17
11
6
1
3
66
148
773
601
Return on Invested Capital (%)
56.94
- -
- -
11.36
- -
- -
- -
- -
- -
- -
- -
- -
- -
68.44
Return on Capital (%)
28.68
- -
- -
-10.59
- -
- -
- -
- -
- -
- -
- -
- -
- -
198.82
Return on Common Equity (%)
106.69
46.59
87.17
-5.71
-29.06
-48.79
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
1
1
1
LT Borrowings
206
208
210
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
164
165
236
Market Capitalization
146
184
177

Working Capital

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
1,156
582
622
Cash, Cash Equivalents & STI
780
53
53
Accounts Receivable, Net
357
366
359
Inventories
- -
- -
- -
Total Current Liabilities
561
290
458
Payables & Accruals
251
175
320
ST Debt
1
1
1
Deferred Revenue
2
1
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
254.76%
522.64%
423.28%
Free Cash Flow
34.49%
71.54%
-46.74%
Net Income, GAAP
94.06%
105.29%
29.21%
Sales/Revenue/Turnover
489.48%
967.03%
162.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
9
12
19
16
56
2022
10
12
14
111
146
2023
851
977
586
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.05
-0.16
-0.04
- -
-0.32
2022
-0.07
-0.11
-0.06
- -
-0.36
2023
1.1
0.59
0.11
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Hao Chen
Full Time Employees
797
Sector
Technology
Industry
Software - Application
Address
28 West Grand Avenue Montvale NJ United States of America 07645
IPO Date
Oct 17, 2012
CIK
0000854800
Website
tingogroup.com
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Business
Tingo Group, Inc. (TIOG) operates as a financial technology and agri-fintech company focused on delivering financial inclusion and upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East through its subsidiaries and platforms. The company provides core products and services including the Nwassa digital agriculture ecosystem platform that empowers rural farmers and agri-businesses with marketplace access for growing, selling produce domestically and internationally; TingoPay, a B2C and B2B super-app offering payment services, e-wallet, foreign exchange, and merchant solutions in partnership with Visa; Tingo Foods, a food processing business converting raw foods into finished products such as rice, pasta, and noodles; Tingo DMCC, a commodity trading platform and agricultural commodities export operation; smartphone device-as-a-service with pre-loaded platforms for airtime top-ups, utility payments, bill-pay, insurance products, lending access, and roadside assistance; an online automobile insurance after-market platform connecting customers to repair shops, wash stores, gas card recharges, online shopping, claim settlements, maintenance coupons, and loyalty points; and Magpie Invest, a proprietary online stock trading platform with margin financing. Founded in 2002 and headquartered in Montvale, New Jersey, Tingo Group conducts operations primarily in Nigeria and other African markets, with expansion into Southeast Asia; it was formerly known as MICT, Inc., changing its name in February 2023 following the acquisition of Tingo Mobile's operating business and assets. Recent major changes include SEC fraud charges in December 2023 against founder Dozy Mmobuosi and related entities for alleged fabricated financial statements dating back years, resulting in a $250 million default judgment in September 2024, trading halts by Nasdaq, and a $200,000 settled enforcement action in August 2025 against its Nigerian auditor for concealing executive fraud; cessation of core activities by December 2024 with the company website placed for sale, layoffs of 40 contractors in February 2024, and furloughs of nearly all full-time employees in March 2024; and post-cessation Tingo-branded ventures launched by Mmobuosi in February 2025, including TingoGPT, an AI-driven agriculture platform for crop monitoring, predictive analytics, and supply chain optimization (launched in Los Angeles in April 2025), and Tingo AI Radio 102.5 FM in Lagos.