v3.23.1
Unaudited Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues $ 851,245 $ 9,563
Cost of revenues 464,391 8,298
Gross profit 386,854 1,265
Operating expenses:    
Research and development 363 595
Selling and marketing 85,068 2,517
General and administrative 29,627 7,326
Amortization of intangible assets 11,119 797
Total operating expenses 126,177 11,235
Profit (loss) from operations 260,677 (9,970)
Other income 425 155
Financial income , net 1,444 78
Profit (loss) before provision for income taxes 262,546 (9,737)
Income tax expenses (benefit) 85,914 (1,076)
Net profit (loss) after provision for income taxes 176,632 (8,661)
Loss from equity investment (208) (184)
Net profit (loss) 176,424 (8,845)
Net loss attributable to non-controlling stockholders (316) (159)
Net profit (loss) attributable to TINGO GROUP, Inc. $ 176,740 $ (8,686)
Profit (loss) per share attributable to TINGO GROUP, Inc.:    
Basic profit (loss) per share (in Dollars per share) $ 1.1 $ (0.07)
Diluted profit (loss) per share (in Dollars per share) $ 0.33 $ (0.07)
Weighted average common shares outstanding:    
Basic (in Shares) 161,302,051 122,435,576
Diluted (in Shares) 524,214,392 122,435,576

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