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Tangoe Inc

Tingo Group, Inc. (TNGO) is a publicly traded Business Software Services company that is listed on the NASDAQ stock exchange. The company operates in the field of agri-tech, providing a range of services to farmers in China.

One of Tingo's main offerings is a mobile app called "TingoBox," which allows farmers to directly purchase agricultural inputs such as seeds and fertilizers at discounted prices. The company's platform also provides farmers with access to financing, insurance, and market information, helping to increase crop yields and income.

In terms of financial performance, Tingo reported revenue of $105.6 million in 2020, representing an increase of 56.5% compared to the previous year. The company's gross profit for the year was $31.4 million, up from $19.5 million in 2019. Tingo's net loss for 2020 was $11.2 million, compared to a net loss of $8.1 million in 2019.

One key metric to consider when evaluating a company's growth is its earnings per share (EPS). Tingo's EPS for 2020 was -$0.32, compared to -$0.35 in 2019. While the company is still reporting negative EPS, the fact that it has decreased indicates that the company is becoming more profitable on a per-share basis.

Another important factor to consider when evaluating a company is its earnings growth. Tingo's earnings growth rate for 2020 was -3.6%, which may be a concern for some investors. However, it's important to note that the company is still in the early stages of growth and is investing heavily in its platform and operations.

Overall, Tingo Group is a promising company in the agri-tech space with a unique business model and a growing customer base. While the company is still reporting negative earnings, its revenue growth and decreasing net loss are positive signs for the future. As with any investment, it's important to conduct thorough research and consider seeking advice from a financial advisor before making a decision.

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