Tingo Inc
OTC:TMNA
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.
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.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Tingo Inc
OTC:TMNA
|
19.4m USD |
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|
| CA |
|
Shopify Inc
NASDAQ:SHOP
|
156.2B USD |
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|
|
| US |
|
Snowflake Inc
XETRA:5Q5
|
50.3B EUR |
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|
|
| US |
|
Cloudflare Inc
NYSE:NET
|
59.9B USD |
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|
|
| US |
|
Snowflake Inc.
NYSE:SNOW
|
56.6B USD |
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|
|
| ID |
|
DCI Indonesia Tbk PT
IDX:DCII
|
512.5T IDR |
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|
|
| US |
|
MongoDB Inc
NASDAQ:MDB
|
26B USD |
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|
|
| US |
|
Verisign Inc
NASDAQ:VRSN
|
20.9B USD |
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|
|
| US |
|
Twilio Inc
NYSE:TWLO
|
18.2B USD |
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|
|
| US |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
14.2B USD |
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|
|
| US |
|
Okta Inc
NASDAQ:OKTA
|
12.8B USD |
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Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Tingo Inc
Glance View
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Tingo Inc is 94.7%, which is below its 3-year median of 95.5%.
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.