Tingo, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 09:14 am
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Tingo, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 102.7 million. Net income was USD 32.05 million. Basic earnings per share from continuing operations was USD 0.03. Diluted earnings per share from continuing operations was USD 0.03.
For the nine months, sales was USD 102.7 million. Net income was USD 31.86 million. Basic earnings per share from continuing operations was USD 0.15. Diluted earnings per share from continuing operations was USD 0.15.
Agri-Fintech Holdings, Inc., formerly Tingo, Inc., is an agri-fintech company. It offers a platform service through the use of smartphones-device as a service (using GSM technology) to empower a marketplace 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 one-stop shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, and access to insurance services and microfinance to support their value chain from seed to sale.