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 stock yearly return is shown above.
The yearly return on the TIO stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TIO annual return calculation with any dividends reinvested as applicable (on ex-dates).
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