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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.
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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 Holding Limited to Report Third Quarter 2023 Financial Results on November 27, 2023
SINGAPORE, Nov. 14, 2023 (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: Share Price Has Run Ahead Of Fundamentals (Rating Downgrade)
UP Fintech Holding Limited trades at a PEG ratio of above 1 times, and the stock's consensus forward price-to-sales multiple has doubled in the past month. UP Fintech's earnings are projected to contract in the second half of this year,...
Why UP Fintech Holding Limited Stock Skyrocketed 41.7% This Week
UP Fintech easily beat expectations with its second-quarter 2023 report. Management reiterated that it's on track to add 100,000 new funded accounts in 2023.
Why Up Fintech Stock Soared Today
Up Fintech handily exceeded estimates on both revenue and earnings in the second quarter. Despite weakness in China and Hong Kong, the Singapore-based online brokerage saw healthy funded accounts growth and asset inflows as customer acquisition costs declined.
UP Fintech Holdings (TIGR) Q2 2023 Earnings Call Transcript
UP Fintech Holdings Limited (NASDAQ:TIGR ) Q2 2023 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Tianhua Wu - Chief Executive Officer John Zeng - Chief Financial Officer Aaron Li - Investor Relations Conference Call Participants Han...
UP Fintech reports two-year high 2023 Q2 results
Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increase Non-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year record high. The launch of TigerGPT, an AI-powered investment assistant, in Singapore, New Zealand,...
UP Fintech Holding Limited Reports Unaudited Second Quarter 2023 Financial Results
SINGAPORE, Aug. 29, 2023 (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 second quarter ended June 30,...
TIGR DEADLINE TODAY: ROSEN, THE FIRST FILING FIRM, Encourages UP Fintech Holding Limited Investors With Losses in Excess of $100K to Secure Counsel Before Important August 21 Deadline in Securities Class Action Filed by the Firm – TIGR
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of UP Fintech Holding Limited (NASDAQ: TIGR) between April 29, 2020 and May 16, 2023, both dates inclusive (the “Class Period”), of the...
FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in UP Fintech Holding Limited with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against UP Fintech Holding Limited ("UP Fintech" or "the Company") (NASDAQ: TIGR) for...
TIGR FINAL DEADLINE TOMORROW: ROSEN, LEADING TRIAL ATTORNEYS, Encourages UP Fintech Holding Limited Investors to Secure Counsel Before Important August 21 Deadline in Securities Class Action Filed by the Firm - TIGR
NEW YORK , Aug. 20, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of UP Fintech Holding Limited (NASDAQ: TIGR) between April 29, 2020 and May 16, 2023, both dates...
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Category: Stock Reports