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Upturn AI SWOT - About
Tingo Group Inc. (TIO)
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Upturn Advisory Summary
06/30/2025: 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.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $11.75
1 Year Target Price $11.75
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -81.15% | Avg. Invested days 14 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 166.95M USD | Price to earnings Ratio - | 1Y Target Price 11.75 |
Price to earnings Ratio - | 1Y Target Price 11.75 | ||
Volume (30-day avg) - | Beta 1.4 | 52 Weeks Range 0.00 - 0.08 | Updated Date 06/28/2025 |
52 Weeks Range 0.00 - 0.08 | Updated Date 06/28/2025 | ||
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 - | Forward PE 0.42 | Enterprise Value 162414200 | Price to Sales(TTM) - |
Enterprise Value 162414200 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue 0.06 | 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., formerly MICT, Inc., has undergone several transformations. It was initially focused on Fintech and electric vehicles, then shifted its focus to the Agri-Fintech sector, particularly in Africa, through acquisitions like Tingo Mobile and Tingo Foods. However, its financial status and authenticity have been heavily questioned.
Core Business Areas
- Agri-Fintech: Tingo Mobile provides mobile technology and financial services to farmers in Africa, including access to mobile phones, airtime, and mobile banking. TingoPay offers payment processing and financial services.
- Food Processing: Tingo Foods processes and packages food products, aiming to improve food security and reduce post-harvest losses in Africa.
Leadership and Structure
Dozy Mmobuosi was the former CEO and driving force behind Tingo Group's strategy. The company structure involves subsidiaries focusing on different aspects of the Agri-Fintech and food processing value chain.
Top Products and Market Share
Key Offerings
- Tingo Mobile: Provides mobile devices, connectivity, and digital services to farmers. Tingo claimed a large user base, but this has been disputed. Competitors include local mobile service providers and other Agri-Fintech platforms.
- TingoPay: A mobile payment platform enabling farmers to conduct financial transactions. Market share data is unverifiable due to Tingo Group's credibility issues. Competitors include mobile money platforms like M-Pesa and traditional banking services.
Market Dynamics
Industry Overview
The Agri-Fintech industry in Africa is rapidly growing, driven by the need to improve agricultural productivity, financial inclusion, and food security. The market is characterized by a large unbanked population and a reliance on mobile technology.
Positioning
Tingo Group claimed to be a leader in Agri-Fintech, but their positioning is highly questionable due to accounting irregularities and fraud allegations. Their competitive advantages, if any, are difficult to verify.
Total Addressable Market (TAM)
The Agri-Fintech TAM in Africa is estimated to be in the billions of dollars. Tingo Group's actual position within this TAM is uncertain due to lack of reliable data.
Upturn SWOT Analysis
Strengths
- Potentially large user base (unverified)
- Integrated Agri-Fintech platform (claimed)
- Focus on a high-growth market (Africa)
Weaknesses
- Accounting irregularities and fraud allegations
- Lack of transparency
- Questionable financial performance
- Dependence on Dozy Mmobuosi
Opportunities
- Growing demand for Agri-Fintech solutions in Africa
- Potential for partnerships with agricultural organizations
- Expansion into new African markets
Threats
- Intense competition from established Agri-Fintech players
- Regulatory risks in African markets
- Economic instability in Africa
- Further investigation and legal action due to fraud allegations
Competitors and Market Share
Key Competitors
- OPAY (Private)
- FLUTTERWAVE (Private)
- INTERSWITCH (Private)
Competitive Landscape
Tingo Group's advantages compared to competitors are uncertain, and its disadvantages include a damaged reputation and financial instability.
Major Acquisitions
Tingo Mobile
- Year: 2020
- Acquisition Price (USD millions):
- Strategic Rationale: To gain access to a large customer base of farmers and provide Agri-Fintech services.
Tingo Foods
- Year: 2022
- Acquisition Price (USD millions):
- Strategic Rationale: To expand into food processing and address food security challenges in Africa.
Growth Trajectory and Initiatives
Historical Growth: Reported historical growth is questionable due to accounting issues.
Future Projections: Future growth projections are highly uncertain and speculative.
Recent Initiatives: Recent initiatives are overshadowed by the fraud allegations and investigations.
Summary
Tingo Group Inc. is a high-risk investment due to serious questions about its financial reporting and business practices. The company's claims of success and large user base are unverified, and it faces significant legal and reputational risks. While the Agri-Fintech market in Africa presents opportunities, Tingo Group's ability to capitalize on them is doubtful. Investors should proceed with extreme caution or avoid this stock altogether.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (Highly Questionable)
- Company Press Releases (Unreliable)
- Third-Party Financial News (Limited)
Disclaimers:
The information provided is based on available data, which may be inaccurate or incomplete due to Tingo Group's accounting irregularities. This analysis is for informational purposes only and should not be considered financial advice. Investors should conduct thorough due diligence before making any 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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