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Tingo, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was USD 11.22 million compared to net income of USD 72.55 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.06 a year ago.For the six months, net loss was USD 30.13 million compared to net income of USD 105.2 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.09 a year ago.
Period Ending: | Mar 31, 2023 | Mar 31, 2022 |
---|---|---|
Total Revenue | 257.06 | |
Gross Profit | 254.56 | |
Operating Income | -19.06 | 71.8 |
Net Income | -18.9 | 32.65 |
Period Ending: | Mar 31, 2023 | Mar 31, 2022 |
---|---|---|
Total Assets | 1235.16 | |
Total Liabilities | 37.37 | |
Total Equity | 1197.79 |
Period Ending: | Mar 31, 2023 | Mar 31, 2022 |
---|---|---|
Period Length: | 0 Months | 0 Months |
Cash From Operating Activities | 0.071 | -104.16 |
Cash From Investing Activities | ||
Cash From Financing Activities | -0.04 | |
Net Change in Cash | 0.031 | -103.02 |
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