Tingo Group is a holding company conducting financial technology business and agri-fintech business through its subsidiaries and entities, both wholly-owned and controlled through various VIE arrangements, which are located in Africa, Southeast Asia and the Middle East. Co.'s segments are: Verticals and Technology, which is comprised of Co.'s operations in China where Co. has three VIE Entities through which it operates, its business of insurance brokerage; Online Stock Trading, which is comprised the operation of Magpie Securities Limited through which it operates the business of online stock trading; and Comprehensive Platform Service, which includes the operations of Tingo Mobile. The TIO YTD return is shown above.
The YTD Return on the TIO YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether TIO YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TIO YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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