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Tingo Group, Inc.
TIOG Technology Software Application
Tingo Group, Inc.’s revenue for fiscal 2022 (year ended December 2022) was $146.0 million. Revenue growth for five consecutive years.
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | Trend | 2023e | 2024e | 2025e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | 1.14 | 0.65 | 0.29 | 0.38 | 0.44 | 0.76 | 0.41 |
Analyst estimates 2023–2025 Powerpack |
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| High | — | — | — | 2.80 | 1.75 | 1.94 | 1.46 | 8.45 | 3.23 | 1.35 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | 84 | 76 | 53 | 6 | — | 431 | 324 | ||||
| Revenue/emp, $m | — | — | — | 0.16 | 0.24 | 0.27 | 0.08 | 0.00 | 0.13 | 0.45 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 13 | 18 | 14 | 0 | 1 | 56 | 146 | ||||
| Gross margin, % | — | — | — | 19.78 | 23.26 | 24.78 | (77.36) | (4.94) | 16.56 | 44.37 | |||||
| EBT | — | — | — | (6) | (5) | (10) | (5) | (24) | (39) | (11) | |||||
| EBT margin, % | — | — | — | (47.48) | (27.61) | (73.11) | (996.44) | (2,042.80) | (69.96) | (7.63) | |||||
| Net income | — | — | — | (6) | (5) | (4) | (5) | (24) | (37) | (49) | |||||
| Depreciation | — | — | — | 1 | 1 | 1 | 0 | 2 | 3 | 40 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 2.23 | 2.58 | 1.55 | 0.04 | 0.04 | 0.49 | 1.13 | ||||
| Earnings | — | — | — | (0.97) | (1.40) | (0.28) | (0.39) | (0.83) | (0.32) | (0.36) | |||||
| Cash flow | — | — | — | (0.77) | (0.57) | (0.58) | (0.35) | (0.30) | (0.28) | 0.36 | |||||
| Capex | — | — | — | (0.03) | (0.03) | 0.00 | (0.01) | 0.00 | (0.01) | (0.31) | |||||
| Free cash flow | — | — | — | (0.80) | (0.60) | (0.58) | (0.36) | (0.30) | (0.29) | 0.05 | |||||
| Book value | — | — | — | 1.84 | 0.84 | 0.11 | 0.30 | 2.38 | 1.31 | 10.25 | |||||
| Shares, m | — | — | — | 6 | 7 | 9 | 11 | 28 | 113 | 129 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 0.58 | 0.53 | 0.43 | 1.10 | 19.71 | 1.68 | 0.72 | |||||
| P/B | — | — | — | 0.70 | 1.62 | 6.03 | 2.94 | 0.87 | 0.63 | 0.14 | |||||
| EV/Sales | — | — | — | 0.64 | 0.68 | 0.83 | 1.15 | 10.10 | (0.01) | (2.70) | |||||
| EV/FCF | — | — | — | (1.78) | (2.92) | (2.20) | (2.58) | (3.54) | 0.02 | (62.00) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (5) | (4) | (5) | (4) | (8) | (31) | 46 | ||||
| Capex | — | — | — | 0 | 0 | 0 | 0 | 0 | (1) | (40) | |||||
| Free cash flow | — | — | — | (5) | (4) | (5) | (4) | (8) | (32) | 6 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 7 | 3 | (1) | 4 | 27 | 102 | 266 | ||||
| Total debt | — | — | — | 5 | 5 | 6 | 2 | 1 | 3 | 1 | |||||
| Net debt | — | — | — | 1 | 3 | 4 | (2) | (28) | (94) | (499) | |||||
| Shareholders’ equity | — | — | — | 11 | 6 | 1 | 3 | 66 | 148 | 1,326 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | (16.12) | (26.46) | (13.09) | (52.52) | (54.97) | (28.51) | (5.06) | ||||
| ROIC | — | — | — | (31.69) | (33.37) | (122.40) | (149.27) | (27.61) | (44.06) | (0.89) | |||||
| ROE | — | — | — | (40.87) | (96.35) | (74.81) | (198.63) | (66.70) | (34.14) | (10.22) | |||||
Negative figures in brackets.
Fiscal years to Dec 2022 · latest quarter Sep 2023
Charts ten years each
Tingo Group, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MRT MARTI TECH INC | $157.5M | — (loss-making) | — (loss-making) | — | n/m | +152.22% (above 0%: growing) | 76.55% | (0.68%) | Compare |
| LAIX LAIX Inc. Sponsored ADR | $154.7M | — (loss-making) | — (loss-making) | −27.11% (below 0%: shrinking) | n/m | — | 80.38% | 6.79% | Compare |
| TONX TON Strategy Company | $151.5M | — (loss-making) | — (loss-making) | +607.44% (above 0%: growing) | n/m | −646.42% (below 0%: shrinking) | 94.90% | 3.19% | Compare |
| HUCK Huckleberry.ai, Inc. | $151.0M | — (loss-making) | — (loss-making) | −3.68% (below 0%: shrinking) | n/m | −890.68% (below 0%: shrinking) | 77.13% | (3.11%) | Compare |
| TIOG Tingo Group, Inc. | $141.6M | — (loss-making) | 8.7× | +4,161.26% (above 0%: growing) | n/m | −574.92% (below 0%: shrinking) | 23.52% | 8.55% | |
| EGAN eGain Corporation | $140.7M | 16.8× | 23.6× | −4.67% (below 0%: shrinking) | −95.58% (below 0%: shrinking) | +151.21% (above 0%: growing) | 71.61% | 4.87% | Compare |
| TRAK ReposiTrak Inc. | $135.1M | 17.4× | 23.4× | −3.20% (below 0%: shrinking) | +26.89% (above 0%: growing) | −17.59% (below 0%: shrinking) | 85.73% | 33.74% | Compare |
| RAAS Cloopen Group Holding Limited Sponsored ADR | $121.2M | — (loss-making) | — | −95.92% (below 0%: shrinking) | n/m | — | (473.81%) | (5,370.29%) | Compare |
| RYDE Ryde Group Ltd. | $116.7M | — | — | — | n/m | −1,394.20% (below 0%: shrinking) | 34.62% | (54.96%) | Compare |
| Median of peers | $145.9M | — | — | −4.17% | — | −332.00% | 76.84% | 1.25% |
Tingo Group, Inc. (TIOG) key facts
- Tingo Group, Inc. (TIOG) is a Software Application company in the Technology sector.
- Tingo Group, Inc.’s revenue for fiscal 2022 (year ended December 2022) was $146.0 million.
- Return on equity was −10.2% and debt-to-equity 0.18.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.33 (distress zone) for fiscal 2022.