BillionDollarBreaks – Tingo Inc. (TMNA) Engages Financial Advisor, Releases Annual Report
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, is reporting its audited financial results for the year ended Dec. 31, 2021; the report included proforma financial results for Tingo Mobile because of the acquisition of the company, which is Tingo’s principal operating subsidiary. According to the announcement, TMNA reported 2021 revenues and operating income on a proforma basis for Tingo Mobile of $865.9 million and $327.1 million respectively. The report also showed upward growth of 48% in year-on-year revenues and 63% growth in year-on-year operating income. The report also indicated that Tingo’s NWASSA, its ESG-empowering agri-fintech marketplace platform, also saw…