Tingo Group, Inc. (TIOG) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerTingo Group, Inc. (TIOG) trades at $0.0001. Tingo Group, Inc. focuses on agri-fintech and financial technology, aiming to provide financial inclusion to rural farming communities in Africa, Southeast Asia, and the Middle East. Sector: Technology.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for TIOG: TIOG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Tingo Group, Inc. (TIOG) Technology Profile & Competitive Position
Tingo Group, Inc. delivers financial technology and agri-fintech solutions to rural farming communities in Africa, Southeast Asia, and the Middle East. The company's ecosystem includes the Nwassa platform, TingoPay, Tingo Foods, and Magpie Invest, providing services from agri-marketplace to commodity trading, operating in a niche market focused on financial inclusion.
What Is the Investment Thesis for TIOG?
Tingo Group, Inc. presents an investment case centered on its unique position in the agri-fintech space, targeting underserved rural farming communities. The company's diverse platform, encompassing Nwassa, TingoPay, Tingo Foods, and Magpie Invest, aims to create a comprehensive ecosystem. However, the company's negative profit margin of -32.2% raises concerns about its financial sustainability. The company's future success hinges on its ability to scale its operations, achieve profitability, and navigate the complexities of operating in emerging markets. Investors should closely monitor the company's financial performance and strategic execution to assess its long-term potential.
Based on FMP financials and quantitative analysis
TIOG Key Highlights
Tingo Group, Inc. operates in the financial technology and agri-fintech sectors, focusing on rural farming communities in Africa, Southeast Asia, and the Middle East.
- The company's Nwassa platform is a digital agriculture ecosystem designed to empower rural farmers and agri-businesses.
- TingoPay is a B2C and B2B fintech platform offering payment services, e-wallet, foreign exchange, and merchant services.
- Tingo Group's gross margin stands at 44.4%, indicating a solid ability to manage the cost of goods sold.
- The company's P/E ratio is -0.01, reflecting current losses, which may concern investors looking for immediate profitability.
Who Are TIOG's Competitors?
TIOG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| MNDO MIND C.T.I. Ltd. | $1.01 | +1.00% | $20.6M | 78 5-pillar |
| IDN Intellicheck, Inc. | $2.27 | -0.22% | $46.0M | 75 5-pillar |
| NTWK NetSol Technologies, Inc. | $5.95 | +3.48% | $70.7M | 84 5-pillar |
| TRAK ReposiTrak, Inc. | $8.09 | -3.11% | $147M | 75 5-pillar |
| PERF Perfect Corp. | $1.91 | 0.00% | $195M | 85 5-pillar |
| IMMR Immersion Corporation | $7.39 | +1.09% | $245M | 82 5-pillar |
| RMNI Rimini Street, Inc. | $4.24 | -1.17% | $396M | 73 5-pillar |
| MTLS Materialise NV | $8.50 | 0.00% | $498M | 73 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TIOG's Key Strengths?
Integrated ecosystem of agri-fintech and financial services.
- Focus on underserved rural farming communities.
- Proprietary technology platforms (Nwassa, TingoPay, Magpie Invest).
- Commodity trading and export business (Tingo DMCC).
What Are TIOG's Weaknesses?
Negative profit margin (-32.2%).
- Dependence on emerging markets with inherent risks.
- Limited brand recognition outside target regions.
- OTC market listing may raise concerns about liquidity and transparency.
What Are the Key Risks for TIOG?
Negative return on equity (-10.3%) — the business is not currently generating profit on shareholder capital.
- Inconsistent delivery — missed Wall Street EPS estimates in 6 of the last 7 reported quarters.
- Competition from established fintech companies.
- Regulatory changes in target markets.
- Economic instability in emerging economies.
- Fluctuations in commodity prices.
- Negative profit margin raises concerns about financial sustainability.
What Are TIOG's Competitive Advantages?
- Established Ecosystem: The integrated ecosystem of Nwassa, TingoPay, Tingo Foods, and Magpie Invest creates a strong network effect.
- Focus on Underserved Markets: Specialization in rural farming communities in Africa, Southeast Asia, and the Middle East.
- Proprietary Technology: Ownership of platforms like Nwassa, TingoPay, and Magpie Invest provides a technological advantage.
- Commodity Trading Platform: Tingo DMCC facilitates agricultural commodities export business.
What Does TIOG Do?
Tingo Group, Inc., formerly known as MICT, Inc., rebranded in February 2023 and is headquartered in Montvale, New Jersey. The company focuses on delivering financial inclusion and financial upliftment to rural farming communities across Africa, Southeast Asia, and the Middle East. Tingo Group operates through several key segments: Verticals and Technology, Online Stock Trading, and Comprehensive Platform Service. Its core offering includes the Nwassa platform, a digital agriculture ecosystem designed to empower rural farmers and agri-businesses by providing access to markets, finance, and other essential services. The company also provides TingoPay, a B2C and B2B fintech platform offering payment services, e-wallets, foreign exchange, and merchant services. Furthermore, Tingo Foods processes raw foods into finished products like rice, pasta, and noodles, while Tingo DMCC operates as a commodity trading platform and agricultural commodities export business. Magpie Invest, a proprietary technology investment trading platform, offers margin financing services, smartphone leasing, an agri-marketplace, airtime top-ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services.
What Products and Services Does TIOG Offer?
- Provides a digital agriculture ecosystem (Nwassa) connecting rural farmers and agri-businesses.
- Offers a B2C and B2B fintech platform (TingoPay) with payment services, e-wallet, and foreign exchange.
- Processes raw foods into finished products like rice, pasta, and noodles through Tingo Foods.
- Operates a commodity trading platform and agricultural commodities export business via Tingo DMCC.
- Provides a technology investment trading platform (Magpie Invest) with margin financing services.
- Offers smartphone leasing, an agri-marketplace, and utility payment services.
How Does TIOG Make Money?
- Generates revenue through platform service fees from Nwassa, connecting farmers and agri-businesses.
- Earns transaction fees from TingoPay, the fintech platform for payments and e-wallet services.
- Derives income from the sale of processed foods through Tingo Foods.
- Profits from commodity trading and agricultural commodities export via Tingo DMCC.
What Industry Does TIOG Operate In?
Tingo Group, Inc. operates within the rapidly evolving agri-fintech sector, which is experiencing significant growth due to the increasing need for financial inclusion in developing economies. The market is characterized by the adoption of digital technologies to improve agricultural practices, access to finance, and market linkages for farmers. While the industry presents substantial opportunities, it is also highly competitive, with various players offering similar services. Tingo Group's success depends on its ability to differentiate itself through innovative solutions, strategic partnerships, and effective execution in its target markets.
Who Are TIOG's Key Customers?
- Rural farmers and agri-businesses in Africa, Southeast Asia, and the Middle East.
- Consumers using TingoPay for payment services and e-wallet functionalities.
- Traders and businesses utilizing Tingo DMCC for commodity trading.
- Investors using Magpie Invest for investment trading and margin financing.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Financial Health
Tingo Group, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.48 places it in the grey zone, a middle ground that warrants monitoring.
Key Financial Metrics
Return on equity for Tingo Group, Inc. stands at -10.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.8%, showing how much profit it generates from its asset base. A current ratio of 2.00 indicates the company holds enough short-term assets to cover its near-term obligations.
Company Profile
Tingo Group, Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in Montvale, US. TIOG has traded publicly since 2004.
Earnings Track Record
Tingo Group, Inc. has missed Wall Street's EPS estimate in 6 of its last 7 reported quarters — a recurring pattern of falling short of estimates. Reported results have landed about 151.2% below estimates on average.
TIOG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
TIOG Latest News
No recent news available for TIOG.
TIOG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for TIOG.
Price Targets
Wall Street price target analysis for TIOG.
TIOG MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for TIOG; grades run from A+ (80-100) to F (below 30).
Leadership: Kenneth Ian Denos
CEO
Kenneth Ian Denos serves as the CEO of Tingo Group, Inc. His background encompasses leadership roles in various technology and financial services companies. He has experience in driving growth, implementing strategic initiatives, and managing large teams. His expertise includes financial technology, business development, and international expansion. Denos's leadership is focused on leveraging technology to address the needs of underserved communities and drive sustainable growth.
Track Record: Under Kenneth Ian Denos's leadership, Tingo Group, Inc. has focused on expanding its agri-fintech ecosystem and increasing its market presence in Africa, Southeast Asia, and the Middle East. Key milestones include the rebranding of the company to Tingo Group, Inc. in February 2023 and the continued development of the Nwassa platform. His strategic decisions aim to drive financial inclusion and upliftment for rural farming communities.
TIOG OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Tingo Group, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, which increases the risk for investors. Unlike companies listed on NYSE or NASDAQ, OTC Other companies often have less stringent listing requirements, resulting in a higher degree of speculation and volatility. Investors should exercise caution and conduct thorough due diligence before investing in OTC Other stocks.
- OTC Tier: OTC Other
- Limited financial disclosure due to OTC Other tier status.
- Lower trading volume and wider bid-ask spreads.
- Increased price volatility.
- Potential for limited regulatory oversight.
- Higher risk of fraud or manipulation.
- Verify the company's financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Research the background and experience of the company's management team.
- Evaluate the company's regulatory compliance and legal standing.
- Monitor trading volume and price activity for unusual patterns.
- Understand the risks associated with investing in OTC stocks.
- Consult with a qualified financial advisor.
- Focus on financial inclusion and upliftment in emerging markets.
- Development of proprietary technology platforms (Nwassa, TingoPay, Magpie Invest).
- Commodity trading and export business (Tingo DMCC).
- Operations in multiple countries across Africa, Southeast Asia, and the Middle East.
What Investors Ask About Tingo Group, Inc. (TIOG) — Technology
What does Tingo Group, Inc. do?
Tingo Group, Inc. operates in the agri-fintech and financial technology sectors, focusing on delivering financial inclusion and upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company's ecosystem includes the Nwassa platform, a digital agriculture platform; TingoPay, a fintech platform; Tingo Foods, a food processing business; and Tingo DMCC, a commodity trading platform.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on available data as of 2026-03-16.