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Tingo Group, Inc.

TIO•NASDAQ
Technology
Computer Hardware
$0.69
$0.00(0.00%)
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Financial performance has remained strong, with revenue growing from $110.76M in Q4 2022 to $586.22M in Q3 2023. Gross profit continued to perform well, with margins at 24% in the latest quarter. Operating income reached $50.10M in Q3 2023, holding a steady 9% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $121.85M. Net income dropped to $20.75M, keeping EPS at $0.11. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.

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