Tingo Group EBIT

Tingo Group posts a EBIT of $520M as of September 2023. That compares with $-42M in the prior-year period — up 1314.3% year over year. That is below the Industrials sector average of $190B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Tingo Group's EBIT was $-42M. The latest reading is $520M — a 1314.3% year-over-year increase (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a EBIT near $190B is typical. Tingo Group's $520M is lower that level. That is roughly 99.7% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Tingo Group's financial statement story. At $520M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TIO's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $190B), and (3) consistency with growth and profitability. This page covers the first two; Tingo Group's other metric pages and overview cover the third.