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Upturn AI SWOT - About
Tingo Group Inc. (TIO)
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Upturn Advisory Summary
03/24/2025: TIO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -64.39% | Avg. Invested days 20 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/24/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 166.95M USD | Price to earnings Ratio 1.53 | 1Y Target Price 11.75 |
Price to earnings Ratio 1.53 | 1Y Target Price 11.75 | ||
Volume (30-day avg) 88977 | Beta 1.4 | 52 Weeks Range 0.00 - 0.69 | Updated Date 03/30/2025 |
52 Weeks Range 0.00 - 0.69 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.45 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 10.99% | Operating Margin (TTM) 11.38% |
Management Effectiveness
Return on Assets (TTM) 34.85% | Return on Equity (TTM) 43.24% |
Valuation
Trailing PE 1.53 | Forward PE 0.42 | Enterprise Value 717689984 | Price to Sales(TTM) 0.07 |
Enterprise Value 717689984 | Price to Sales(TTM) 0.07 | ||
Enterprise Value to Revenue 0.07 | Enterprise Value to EBITDA 0.19 | Shares Outstanding 241952992 | Shares Floating 145215338 |
Shares Outstanding 241952992 | Shares Floating 145215338 | ||
Percent Insiders 26.96 | Percent Institutions 28.38 |
Analyst Ratings
Rating - | Target Price 11.75 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Tingo Group Inc.
Company Overview
History and Background
Tingo Group Inc. focuses on agri-fintech and operates several subsidiaries, primarily in Africa, offering digital solutions, including mobile technology, financial services, and agricultural technology. The company has faced scrutiny regarding its financial reporting and business operations.
Core Business Areas
- Tingo Mobile: Provides mobile devices, data, and fintech solutions to farmers in Africa.
- TingoPay: Offers a digital wallet and payment platform for users to conduct financial transactions.
- Tingo Food: Focuses on food processing and distribution.
- Tingo DMCC: Handles commodity trading and export.
Leadership and Structure
Dozy Mmobuosi was the founder and former CEO. The company's structure includes various subsidiaries operating independently with oversight from the parent company. Recently appointed interim CEO Timothy Donovan.
Top Products and Market Share
Key Offerings
- Tingo Mobile Devices & Services: Smartphones and bundled services for farmers, including access to TingoPay and other agricultural platforms. Market share data for specific mobile services is difficult to ascertain. Competitors include other mobile network operators and device manufacturers operating in the African market, such as MTN, Airtel, and Samsung. There is no reliable data on market share or revenue for this specific offering for Tingo Group Inc.
- TingoPay: A digital wallet and payment platform enabling financial transactions. Market share within the African fintech sector is fragmented and difficult to determine. Competitors include Flutterwave, Paystack, and Interswitch.There is no reliable data on market share or revenue for this specific offering for Tingo Group Inc.
Market Dynamics
Industry Overview
The agri-fintech industry is growing rapidly in Africa, driven by increasing smartphone penetration and the need for financial inclusion and improved agricultural productivity.
Positioning
Tingo Group Inc. aimed to be a key player in the African agri-fintech space, providing a comprehensive ecosystem of services for farmers. Their competitive advantage was envisioned to be the integration of mobile technology, financial services, and agricultural support.
Total Addressable Market (TAM)
The TAM for agri-fintech in Africa is estimated to be in the billions of dollars, encompassing mobile payments, agricultural lending, and digital marketplaces. Tingo Group Inc. positioned itself to capture a significant portion of this market by providing integrated solutions.
Upturn SWOT Analysis
Strengths
- Integrated agri-fintech ecosystem
- Focus on underserved African market
- Potential for rapid growth in emerging markets
Weaknesses
- Lack of validated financials and reporting issues
- Dependence on mobile technology infrastructure
- Concentration of operations in a few geographic areas
- Corporate Governance Concerns
Opportunities
- Expanding into new African markets
- Developing partnerships with agricultural organizations
- Leveraging data analytics to improve services
Threats
- Increased competition from established fintech companies
- Regulatory changes in African countries
- Economic instability in target markets
- Damage to brand reputation
Competitors and Market Share
Key Competitors
Competitive Landscape
Due to the issues with financials, it's impossible to give a comparative analysis.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth is now under scrutiny due to questions surrounding their financials.
Future Projections: Future projections are highly uncertain given the doubts around the previously reported financials.
Recent Initiatives: Recent initiatives are not available due to the high uncertainty and the need to investigate past and present operations.
Summary
Tingo Group Inc. faces significant challenges due to serious questions about the company's financial reporting and operational credibility. Past reported growth is being questioned, and future projections are highly uncertain. The company's focus on agri-fintech in Africa has potential, but the current financial and reputational risks overshadow any potential benefits. The current outlook for the stock and company is very poor, and caution should be advised. The company must focus on rebuilding trust through transparency and validated financials to recover.
Similar Companies
Sources and Disclaimers
Data Sources:
- Public Filings
- Third-Party Research Reports
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. The financial data and market analysis are based on available information, which may be subject to change. Due to the ongoing issues with Tingo Group Inc.'s financial reporting, the accuracy and reliability of the data cannot be guaranteed. The AI-based rating is an automated assessment and should not be the sole basis for investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tingo Group Inc.
Exchange NASDAQ | Headquaters Montvale, NJ, United States | ||
IPO Launch date 2004-06-25 | Interim Group CEO & Director Mr. Kenneth Ian Denos Esq., J.D. | ||
Sector Technology | Industry Software - Application | Full time employees 797 | Website https://www.tingogroup.com |
Full time employees 797 | Website https://www.tingogroup.com | ||
Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a service and pre-loaded platform product; Nwassa platform, a digital agriculture ecosystem that empowers rural farmers and agri-businesses; and insurance platform, an online automobile insurance after-market service to connect automobile insurance customers with auto repair shops and auto wash stores nationwide, as well as provide customers auto membership services, including online gas card recharge, online shopping, insurance claim settlements, roadside assistance, car wash appointment and maintenance and promotion coupons, insurance loyalty points, and other related supporting services for insurance members. The company also offers TingoPay, a B2C and B2B fintech platform and super-app that offers payment services, an e-wallet, foreign exchange, and merchant services; Tingo Foods, a food processing business that processes raw foods into finished products such as rice, pasta, and noodles; and Tingo DMCC, a commodity trading platform and agricultural commodities export business. In addition, it provides Magpie Invest, a proprietary technology investment trading platform offers margin financing services, as well as offers smart phone leasing, an agri-marketplace, airtime top ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services. The company was formerly known as MICT, Inc. and changed its name to Tingo Group, Inc. in February 2023. Tingo Group, Inc. is based in Montvale, New Jersey.
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