See more : Vinythai Public Company Limited (VYTPF) Income Statement Analysis – Financial Results
Complete financial analysis of UP Fintech Holding Limited (TIGR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of UP Fintech Holding Limited, a leading company in the Financial – Capital Markets industry within the Financial Services sector.
You may be interested
- GP Petroleums Limited (GULFPETRO.NS) Income Statement Analysis – Financial Results
- Susco Public Company Limited (SUSCO.BK) Income Statement Analysis – Financial Results
- Mimasu Semiconductor Industry Co., Ltd. (8155.T) Income Statement Analysis – Financial Results
- Kalpataru Projects International Limited (KPIL.NS) Income Statement Analysis – Financial Results
- YC Inox Co.,Ltd (2034.TW) Income Statement Analysis – Financial Results
UP Fintech Holding Limited (TIGR)
About UP Fintech Holding Limited
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform; and account management services. The company also provides trade execution, margin financing, and securities lending services; asset management and wealth management; ESOP management; fund license application, product design, asset custody, transaction execution, and funding allocation; fund structuring and management; and IPO underwriting services. In addition, it offers market information, community engagement, investor education, and simulated trading services. The company was founded in 2014 and is based in Beijing, China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 272.51M | 225.37M | 264.49M | 138.50M | 58.66M | 33.56M | 16.95M | 5.48M |
| Cost of Revenue | 109.83M | 136.03M | 136.68M | 72.79M | 42.41M | 55.91M | 11.99M | 8.44M |
| Gross Profit | 162.67M | 89.34M | 127.81M | 65.71M | 16.25M | -22.35M | 4.96M | -2.97M |
| Gross Profit Ratio | 59.69% | 39.64% | 48.32% | 47.45% | 27.71% | -66.61% | 29.27% | -54.20% |
| Research & Development | 0.00 | 0.01 | 0.07 | 0.16 | -0.16 | -1.35 | -0.55 | -2.34 |
| General & Administrative | 52.62M | 54.48M | 50.96M | 28.81M | 19.33M | 14.01M | 7.69M | 7.10M |
| Selling & Marketing | 20.86M | 33.12M | 59.26M | 15.87M | 7.10M | 10.53M | 6.29M | 3.47M |
| SG&A | 73.48M | 87.61M | 110.23M | 44.68M | 26.43M | 24.54M | 13.98M | 10.57M |
| Other Expenses | 0.00 | 298.15K | -2.72M | 996.56K | 869.03K | -10.93K | -95.98K | 3.88K |
| Operating Expenses | 162.67M | 87.61M | 110.23M | 44.68M | 26.43M | 24.54M | 13.98M | 10.57M |
| Cost & Expenses | 192.70M | 223.63M | 246.91M | 117.46M | 68.84M | 80.45M | 25.96M | 19.01M |
| Interest Income | 0.00 | 85.15B | 0.00 | 3.11B | 0.00 | 194.04K | 318.63K | 91.49K |
| Interest Expense | 46.96M | 18.67M | 18.38M | 10.10M | 4.10M | 194.04K | 0.00 | 91.49K |
| Depreciation & Amortization | 2.84M | 223.64M | 246.83M | 117.41M | 69.00M | 80.45M | 25.96M | 19.01M |
| EBITDA | 82.64M | 4.47M | 19.00M | 21.03M | -11.35M | -45.89M | -7.94M | -13.10M |
| EBITDA Ratio | 30.33% | 0.77% | 5.06% | 15.19% | -17.34% | -139.93% | -51.17% | -244.94% |
| Operating Income | 79.80M | 1.66M | 12.05M | 20.10M | -13.75M | -44.89M | -8.69M | -13.23M |
| Operating Income Ratio | 29.28% | 0.74% | 4.55% | 14.52% | -23.43% | -133.75% | -51.29% | -241.58% |
| Total Other Income/Expenses | -33.81M | -42.45M | -51.79M | -21.97M | -8.52M | -1.28M | -417.45K | -144.33K |
| Income Before Tax | 45.99M | 2.03M | 19.05M | 22.03M | -9.31M | -46.17M | -9.11M | -13.37M |
| Income Before Tax Ratio | 16.88% | 0.90% | 7.20% | 15.91% | -15.86% | -137.56% | -53.76% | -244.22% |
| Income Tax Expense | 12.99M | 4.29M | 4.36M | 2.85M | -3.36M | -1.87M | -1.18M | -2.56M |
| Net Income | 32.56M | -2.26M | 14.69M | 16.06M | -5.95M | -43.21M | -7.51M | -10.76M |
| Net Income Ratio | 11.95% | -1.00% | 5.55% | 11.60% | -10.14% | -128.75% | -44.31% | -196.47% |
| EPS | 0.21 | -0.01 | 0.10 | 0.11 | -0.04 | -0.32 | -0.07 | -0.10 |
| EPS Diluted | 0.21 | -0.01 | 0.09 | 0.11 | -0.04 | -0.32 | -0.07 | -0.10 |
| Weighted Avg Shares Out | 157.41M | 153.01M | 147.01M | 141.19M | 140.99M | 133.03M | 107.74M | 107.74M |
| Weighted Avg Shares Out (Dil) | 161.82M | 153.01M | 155.71M | 144.15M | 140.99M | 133.03M | 107.74M | 107.74M |
UP Fintech: A Buy On Strong Trading Volume And Newly Funded Account Growth
TIGR's top line rose by +44% YoY in Q3 2024 as its trading volume more than doubled for the recent quarter. UP Fintech's newly funded accounts jumped by +105% YoY for the third quarter of this year, and TIGR has...
UP Fintech Holding Limited (TIGR) Q3 2024 Earnings Call Transcript
UP Fintech Holding Limited (NASDAQ:TIGR ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Aaron Li - Head, Investor Relations Wu Tianhua - Chairman & Chief Executive Officer John Zeng - Chief Financial Officer Conference...
UP Fintech: Revenue Hits Record US$101M; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion
NEW YORK , Nov. 12, 2024 /PRNewswire/ -- UP Fintech Holding Limited (NASDAQ: TIGR) ("UP Fintech" or the "Company"), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech reported record revenue of US$101.1 million...
UP Fintech Holding Limited Reports Unaudited Third Quarter 2024 Financial Results
SINGAPORE, Nov. 12, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the third quarter ended September 30,...
UP Fintech Announces Full Exercise of Over-Allotment Option in Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that the underwriters of the Company's follow-on public offering have fully...
UP Fintech Holding Limited to Report Third Quarter 2024 Financial Results on November 12, 2024
SINGAPORE, Oct. 28, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the third quarter...
UP Fintech Announces Closing of Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced the closing of its public offering of 15,000,000 American Depositary Shares...
UP Fintech Announces Pricing of Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 23, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced the pricing of a public offering of 15,000,000 American Depositary Shares...
UP Fintech Announces Proposed Follow-on Public Offering of American Depositary Shares
SINGAPORE, Oct. 22, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it intends to offer and sell 15,000,000 American Depositary Shares...
Tiger Brokers' Yang Xu Shares Insights on Bitcoin ETFs Bridging the Gap Between Traditional Finance and Digital Assets
HONG KONG , Oct. 8, 2024 /PRNewswire/ -- Yang Xu, Global Partner at leading global online brokerage Tiger Brokers, shared insights on how Bitcoin Exchange-Traded Funds (ETFs) are shaping the traditional finance industry while speaking at InnoBlock 2024, one of...
Source: https://incomestatements.info
Category: Stock Reports