Tingo (TMNA) Tax Provision: $-59.5 Mil (TTM As of Jun. 2023)

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What is Tingo Tax Provision?

Tingo TMNA Tax Provision is $-59.5 Mil as of Jun. 2023.

Tingo's tax provision for the three months ended in Jun. 2023 was $0.0 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2023 was $-59.5 Mil.

Tingo Tax Provision Historical Data

* Premium members only.

The historical data trend for Tingo's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tingo Tax Provision Chart

Tingo Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Provision
Get a 7-Day Free Trial 0.00 0.00 -68.74 -104.80 0.00

Tingo Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -49.58 -59.45 0.00 0.00 0.00

Tingo Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-59.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-59.5 Mil mean?
Tingo (TMNA) has a Tax Provision of $-59.5 Mil as of Jun. 2023. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Tingo and its competitors.
Is Tingo's Tax Provision too high?
Tingo's current Tax Provision is $-59.5 Mil.
How does Tingo's Tax Provision compare to BKKT and VERI?
Tingo's Tax Provision of $-59.5 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Tingo and its competitors. Tingo's current Tax Provision is $-59.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tingo stock overvalued right now?
Tingo (TMNA) has a current Tax Provision of $-59.5 Mil. The current Tax Provision is $-59.5 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Tingo (TMNA), the current Tax Provision is $-59.5 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tingo Business Description

Address 11650 South State Street, Suite 240, Draper, UT, USA, 84020
Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. 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, access to insurance services, and microfinance to support their value chain from 'seed to sale'.