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Upturn AI SWOT - About
Tingo Group Inc. (TIO)
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Upturn Advisory Summary
08/11/2025: 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.
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 08/11/2025 |
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 |
Upturn AI SWOT
Tingo Group Inc.
Company Overview
History and Background
Tingo Group, formerly known as MICT, Inc., has undergone a transformation, focusing on agri-fintech and food processing primarily in Africa. Founded with the initial goal of developing mobile tech, it shifted focus under new leadership.
Core Business Areas
- Tingo Mobile: Provides mobile technology and services to farmers, including a marketplace platform and access to financial services.
- Tingo Foods: Focuses on food processing, aiming to reduce post-harvest losses and increase food security.
- TingoPay: A payment gateway for agricultural transactions.
Leadership and Structure
Dozy Mmobuosi was formerly CEO. Current leadership and detailed structure are subject to change amidst ongoing investigations and restatements.
Top Products and Market Share
Key Offerings
- NWASSA Marketplace: A digital marketplace connecting farmers with buyers. Market share data is unavailable due to ongoing reporting restatements. Competitors include other agri-tech platforms and traditional agricultural markets.
- Tingo Mobile Devices: Mobile phones tailored for farmers, pre-loaded with relevant apps. Market share data is unavailable. Competitors: other low-cost smartphone manufacturers.
- TingoPay: A payment gateway designed for agricultural transactions. Market share data is unavailable. Competitors include other mobile payment platforms operating in Africa.
Market Dynamics
Industry Overview
The agri-tech industry in Africa is rapidly growing, driven by the need to improve agricultural productivity and food security. Mobile technology and fintech solutions are playing an increasingly important role.
Positioning
Tingo Group aimed to position itself as a key player in the African agri-tech space, connecting farmers to markets and financial services. Its position is currently uncertain due to financial reporting issues.
Total Addressable Market (TAM)
The TAM for agri-tech solutions in Africa is substantial and projected to grow, potentially reaching billions of dollars. Tingo's position within this TAM is currently under question due to ongoing auditing and financial statement restatements.
Upturn SWOT Analysis
Strengths
- Focus on the African agricultural market
- Integrated agri-fintech ecosystem
- Potential to address food security challenges
Weaknesses
- Recent accusations of financial irregularities
- Lack of publicly available market share data
- Dependence on a specific region
- Leadership uncertainty
Opportunities
- Expansion into new African markets
- Partnerships with agricultural organizations
- Development of new agri-tech solutions
- Adoption of precision agriculture technologies
Threats
- Competition from established agri-tech companies
- Economic instability in Africa
- Regulatory challenges
- Reputational damage from financial allegations
- Volatility in commodity prices
Competitors and Market Share
Key Competitors
- AGCO
- DE
- CNHI
Competitive Landscape
Tingo Group faces significant challenges compared to established agricultural technology and equipment companies.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is questionable given the current financial situation.
Future Projections: Future growth projections are highly uncertain and dependent on the outcome of investigations and the company's ability to restore credibility.
Recent Initiatives: Recent initiatives are difficult to assess given the company's current situation.
Summary
Tingo Group's future is highly uncertain due to severe financial irregularities. The company's previously reported performance cannot be relied upon and is under heavy review. The company is considered a weak company due to reporting issues but does have good underlying potential. Investors should be very wary and consider this a very high-risk company and investment.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Third-party financial news sources
- Market research reports
Disclaimers:
The information provided is based on available data, which is subject to change and potential inaccuracies due to ongoing restatements. This analysis is not financial advice.
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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