Tingo Inc
OTC:TMNA

Watchlist Manager
Tingo Inc Logo
Tingo Inc
OTC:TMNA
Watchlist
Price: 0.015 USD Market Closed
Market Cap: $19.4m

Gross Margin

94.7%
Current
Declining
by 0.8%
vs 3-y average of 95.5%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
94.7%
=
Gross Profit
$438.9m
/
Revenue
$463.5m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
94.7%
=
Gross Profit
$438.9m
/
Revenue
$463.5m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Tingo Inc
OTC:TMNA
19.4m USD
Loading...
CA
Shopify Inc
NASDAQ:SHOP
156.2B USD
Loading...
US
Snowflake Inc
XETRA:5Q5
50.3B EUR
Loading...
US
Cloudflare Inc
NYSE:NET
59.9B USD
Loading...
US
Snowflake Inc.
NYSE:SNOW
56.6B USD
Loading...
ID
DCI Indonesia Tbk PT
IDX:DCII
512.5T IDR
Loading...
US
MongoDB Inc
NASDAQ:MDB
26B USD
Loading...
US
Verisign Inc
NASDAQ:VRSN
20.9B USD
Loading...
US
Twilio Inc
NYSE:TWLO
18.2B USD
Loading...
US
Akamai Technologies Inc
NASDAQ:AKAM
14.2B USD
Loading...
US
Okta Inc
NASDAQ:OKTA
12.8B USD
Loading...

Market Distribution

Higher than 97% of companies in the United States of America
Percentile
97th
Based on 12 729 companies
97th percentile
94.7%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Tingo Inc
Glance View

Market Cap
19.4m USD
Industry
Technology

Tingo, Inc. is an Agri-Fintech company which offering a comprehensive platform service through use of smartphones. The company is headquartered in New York City, New York. The company went IPO on 2016-01-28. The firm offers platform service through use of smartphones-device as a service (using global system for mobile communication (GSM) technology) to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. The ecosystem provides a solution to enable such subscribers to manage everything from airtime top ups, bill pay services for utilities and other service providers, access to insurance services and micro finance to support their value chain from seed to sale. The company has mobile phones and NWASSA payment platform. NWASSA is a digital agriculture ecosystem that empowers rural farmers and agri-businesses by using technology to enable access to markets, in which they operate. Its platform has created an escrow solution that secures the buyer.

TMNA Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
94.7%
=
Gross Profit
$438.9m
/
Revenue
$463.5m
What is Tingo Inc's current Gross Margin?

The current Gross Margin for Tingo Inc is 94.7%, which is below its 3-year median of 95.5%.

How has Gross Margin changed over time?

Over the last 2 years, Tingo Inc’s Gross Margin has increased from 47.8% to 94.7%. During this period, it reached a low of 47.8% on Sep 30, 2021 and a high of 97% on Dec 31, 2022.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett