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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Market cap
$141.6M
P/E
0.0×
Fwd P/E
8.7×
Dividend yield
—
F-score
5/9
Altman Z
0.33
Beneish M
−0.26
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 24.82%

Capital & Financial Ratios $m

Market Cap 141.60
Revenue 2,525.39
Net Income 275.56
Free Cash Flow (369.23)
Net Debt 157.23
Current Ratio 1.36
Debt/Equity 0.18 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E 8.70
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 80.09% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales against its own 10 years 8.05%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2020 2021 2022 Q'23
Cash 29 97 500 53
Receivables 1 23 25 368
Inventory 2 — — 0
Other 2 8 6 200
34 127 531 622
2020 2021 2022 Q'23
Payables 1 14 11 263
ST’ Debt 1 2 0 0
Other 5 5 193 136
7 25 265 458

Compound Annual Growth %

10y 5y 3y
Sales 23.43% 51.39% 573.98%
Cash Flow 27.69% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 54.72% 194.62% 642.15%

Revenue $m

Mar Jun Sep Dec Year
’26 851 977 586 — —
’22 10 12 14 111 146
’21 9 12 19 16 56
’20 — — 0 1 1
’19 0 — — — 0
’18 6 5 2 1 14
’17 3 4 5 6 18
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 243 (174) 246 — —
’22 (8) (8) (5) 67 46
’21 (9) (8) (19) 4 (31)
’20 (1) (1) (11) 4 (8)
’19 (1) 0 (1) (2) (4)
’18 (1) (1) (3) 0 (5)
’17 (2) 1 0 (4) (4)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 243 (608) (31) — —
’22 (8) (8) (5) 28 6
’21 (9) (8) (19) 4 (32)
’20 (1) (1) (10) 4 (8)
’19 (1) 0 (1) (2) (4)
’18 (1) (1) (3) 0 (5)
’17 (2) 1 0 (4) (4)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.33 0.18 0.04 — —
’22 (0.07) (0.11) (0.06) (0.13) (0.36)
’21 (0.05) (0.16) (0.05) (0.06) (0.32)
’20 (0.15) 0.01 (0.61) (0.08) (0.83)
’19 (0.09) (0.10) (0.11) (0.09) (0.39)
’18 (0.10) 0.38 (0.28) (0.48) (0.28)
’17 (0.25) (0.20) (0.18) (0.53) (1.40)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%

All 237 Software Application stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Tingo Group, Inc. (TIOG) Latest News

stockrow.com/TIOG · Data as of Sep 30, 2023 · For information only; not investment advice. · © 2026 stockrow.com