UP Fintech Holding

UP Fintech Holding Ltd. is a brokerage firm, which engages in the provision of online brokerage services. The company was founded by Tian Hua Wu in 2014 and is headquartered in Singapore.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

UP Fintech (TIGR) reports strong Q4 earnings, eyes international expansion

UP Fintech's Q4 performance reflects steady revenue growth, profitability, and successful client acquisition efforts, positioning the company for continued success.
While facing challenges related to regulatory uncertainties and tax implications, UP Fintech's operational strengths and market positioning offer resilience.
By leveraging opportunities in international markets, product innovation, and strategic expansion, UP Fintech can navigate challenges and drive future growth.

UP Fintech Holding reports robust Q1 performance amidst strategic challenges

UP Fintech Holding's Q1 2023 earnings call highlighted strong financial performance, customer trust, and strategic business initiatives.
The company faces challenges in regulatory compliance, market strategies, and cost management but is well-positioned for growth.
Opportunities for expansion, innovation, and efficiency improvements signal a positive outlook for UP Fintech Holding in the financial services sector.

UP Fintech Holding reports strong Q2 earnings and eyes market expansion

UP Fintech Holding (TIGR) delivered strong financial results in Q2 2023, with revenue growth, increased net profits, and successful customer acquisition.
The company showcased innovation through new features and service offerings, while also addressing challenges in regulatory compliance and market competition.
With a focus on profitability, margin expansion, and market expansion opportunities, UP Fintech Holding is poised for continued growth and success in the financial services sector.

UP Fintech reports robust Q3 earnings, eyes growth opportunities

UP Fintech Holding (TIGR) delivered strong financial results in Q3 2023, marked by revenue growth, increased net income, and expansion in customer accounts and assets.
While facing challenges in a competitive landscape and operational complexities, the company's strategic strengths in customer acquisition, product innovation, and financial stability provide a solid foundation for future growth.
By capitalizing on opportunities for market expansion, product enhancement, and technological innovation, UP Fintech is well-positioned to navigate challenges and drive sustained growth in the dynamic fintech sector.

UP Fintech (TIGR) reports robust Q4 earnings amidst growth opportunities

UP Fintech (TIGR) delivered strong financial results in Q4 2023, with revenue growth and client asset expansion.
While facing challenges in profitability clarity and operational efficiency, the company's product innovations and client base growth are notable strengths.
Opportunities lie in international expansion, product diversification, and refining customer acquisition strategies for sustained growth.

UP Fintech (TIGR) posts robust Q1 results amid growth opportunities

UP Fintech Holding (TIGR) delivered strong financial results in Q1 2024, marked by revenue and income growth, and increased client acquisition.
The company's emphasis on user experience enhancements and investment banking activities contributed to its overall performance.
While facing rising operating costs and industry competition, UP Fintech has opportunities to expand its market presence and drive innovation.
Navigating challenges and capitalizing on opportunities will be crucial for sustaining UP Fintech's growth trajectory.

UP Fintech Holding (TIGR) reports record Q2 revenue growth

UP Fintech Holding (TIGR) delivered strong financial results in Q2 2024, marked by record revenue, client asset growth, and new account acquisitions, despite challenges related to operating costs and potential rate cuts.
The company's strategic focus on product innovation, expansion, and diversification underscores its resilience and growth potential in the evolving financial landscape.
Clear communication, cost management strategies, and proactive measures to address potential challenges will be crucial for UP Fintech to sustain its positive momentum and capitalize on emerging opportunities.

UP Fintech reports record Q3 revenue and client growth

UP Fintech's Q3 2024 earnings call showcased strong financial performance, marked by record revenue, client growth, and product innovation, positioning the company for continued success.
While facing challenges in managing rapid growth and market dynamics, UP Fintech's diversified revenue streams and strategic initiatives present opportunities for sustained growth and market expansion.
With a focus on innovation, client acquisition, and revenue diversification, UP Fintech remains well-equipped to navigate challenges and capitalize on emerging opportunities in the fintech sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

UP Fintech Holding Ltd. is an online brokerage firm that focuses on global investors. It provides an online trading platform that enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The firm offers products and services, as well as a user experience to customers through its mobile first strategy. The company was founded by Tian Hua Wu in 2014 and is headquartered in Singapore.

SINGAPORE, March 27, 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 Hong Kong's Securities and Futures Commission (SFC) has officially granted a Type 9 license to Tiger Brokers (HK) Global Limited ("TBHK"), authorizing TBHK to provide asset management services, including discretionary accounts service to both retail clients and professional investors and asset management service to collective investment schemes offered to professional investors only. Mr. Yang Xu, the Head of Wealth Management business, stated that TBHK's asset management services will feature a seasoned investment team adept in tactical asset allocation and long-term value investing, crafting bespoke asset allocation strategies for discretionary account retail clients, complemented by a user-friendly platform interface to facilitate wealth accumulation. Additionally, TBHK's asset management team will provide comprehensive services for Hong Kong investment immigration, along with tailored investment strategies for managed accounts, and is set to offer a multifaceted fund service infrastructure in the future.

UP Fintech Holding Limited's Hong Kong Subsidiary Receives SFC Approval on Type 9 License to Provide Asset Management Services

UP Fintech Holding Limited (TIGR) Q4 2023 Earnings Call Transcript

SINGAPORE and NEW YORK , March 20, 2024 /PRNewswire/ -- UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million.

UP Fintech: Client Assets Hit Record High, Over 75% from Clients in Markets such as SG; 2023 Net Income Surged by 237%

SINGAPORE, March 20, 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 fourth quarter and full year ended December 31, 2023.

UP Fintech Holding Limited Reports Unaudited Fourth Quarter And Full Year 2023 Financial Results

UP Fintech Holding Limited operates an online brokerage platform in Singapore, Australia and New Zealand, the US, Hong Kong, and China. The firm is in a long-term consolidation, but positive financials and upcoming results may lead to a technical breakout. The economic and regulatory situation in China has been negatively impacting TIGR's performance, but most of the risk might have already materialized.

UP Fintech: A Nice Diversification Opportunity At A Reasonable Valuation

SINGAPORE, March 11, 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 fourth quarter and full year ended December 31, 2023, before the U.S. market opens on March 20, 2024.

UP Fintech Holding Limited to Report Fourth Quarter and Full Year 2023 Financial Results on March 20, 2024

Fluence Energy

FuboTV

Growth stocks have been out of favor in past years, with investors previously fretting over rising interest rates and recession fears. Yes, broader market sentiment has shifted around this issue.

3 Growth Stocks You'll Thank Yourself for Buying This Year

SINGAPORE, Jan. 25, 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 its Hong Kong subsidiary has officially upgraded its Type 1 license to include virtual asset dealing service, making it one of the first mainstream online brokerage firms in Hong Kong to receive approval for such a license upgrade. This successful upgrade opens the door for providing cryptocurrency trading services to Professional Investor clients in Hong Kong through its flagship platform, Tiger Trade. By integrating Tiger Brokers' technology-driven brokerage expertise, the company aims to offer Professional Investors in Hong Kong an unparalleled convenience of seamless trading of both traditional securities and cryptocurrencies on a unified platform. In the future, the Company also plans to open virtual asset trading to retail investors, subject to authorities' approval.

UP Fintech Holding Limited Announces Uplift of Type 1 License by Hong Kong SFC to include Virtual Asset dealing service for Professional Investors

UP Fintech Holding Limited (NASDAQ:TIGR ) Q3 2023 Earnings Conference Call November 27, 2023 8:00 AM ET Company Participants Aaron Li - Head, IR Tianhua Wu - CEO John Zeng - CFO Conference Call Participants Han Pu - CICC Cindy Wang - China Renaissance Alan Kuang - Citibank Operator Ladies and gentlemen, thank you for standing by, and welcome to UP Fintech Holdings Limited Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

UP Fintech Holding Limited (TIGR) Q3 2023 Earnings Call Transcript

SINGAPORE and NEW YORK , Nov. 27, 2023 /PRNewswire/ -- UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the third quarter ended September 30, 2023. In the third quarter, the Company achieved a revenue of US$70.1 million, a QoQ increase of 6.2%, and a YoY increase of 26.6%.

UP Fintech's Q1-Q3 Net Income Hits $42M, Surpassing 2-Year Total

SINGAPORE, Nov. 27, 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 third quarter ended September 30, 2023.

UP Fintech Holding Limited Reports Unaudited Third Quarter 2023 Financial Results

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 ended September 30, 2023, before the U.S. market opens on November 27, 2023.

UP Fintech Holding Limited to Report Third Quarter 2023 Financial Results on November 27, 2023

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, considering expectations of a decrease in other income and an increase in marketing expenses. I revise my rating for UP Fintech Holding Limited to a Sell, as I think that there is a mismatch between the stock's valuations and the company's financial prospects.

UP Fintech: Share Price Has Run Ahead Of Fundamentals (Rating Downgrade)

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 Holding Limited Stock Skyrocketed 41.7% This Week

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.

Why Up Fintech Stock Soared Today

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 Pu - CICC Judy Zhang - Citi Cindy Wang - China Renaissance Ling Ta - Daiwa Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to UP Fintech Holdings Limited second quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode.

UP Fintech Holdings (TIGR) Q2 2023 Earnings Call Transcript

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, Australia, and Hong Kong SAR, highlights the Company's commitment to cutting-edge fintech innovation.

UP Fintech reports two-year high 2023 Q2 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, 2023.

UP Fintech Holding Limited Reports Unaudited Second Quarter 2023 Financial Results

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 important August 21, 2023 lead plaintiff deadline in the securities class action filed by the Firm. SO WHAT: If you purchased UP Fintech securities during the Class Period you may be entitled to compensation without payment of any out of pocke.

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

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 violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 29, 2020 and May 16, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 21, 2023.

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in UP Fintech Holding Limited with Losses of $100,000 to Contact the Firm

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 inclusive (the "Class Period"), of the important August 21, 2023 lead plaintiff deadline in the securities class action filed by the Firm. SO WHAT: If you purchased UP Fintech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

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

LOS ANGELES, CA / ACCESSWIRE / August 20, 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 violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 29, 2020 and May 16, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 21, 2023.

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in UP Fintech Holding Limited with Losses of $100,000 to Contact the Firm

NEW YORK , Aug. 19, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against UP Fintech Holding Limited ("UP Fintech" or the "Company") (NASDAQ: TIGR) and reminds investors of the August 21, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $100,000 investing in UP Fintech stock or options between April 29, 2020 and May 16, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext.

UP FINTECH SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In UP Fintech To Contact Him Directly To Discuss Their Options

LOS ANGELES, CA / ACCESSWIRE / August 19, 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 violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 29, 2020 and May 16, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 21, 2023.

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in UP Fintech Holding Limited with Losses of $100,000 to Contact the Firm

BENSALEM, Pa. , Aug. 18, 2023 /PRNewswire/ -- Law Offices of Howard G.

News for UP Fintech Holding Stock (TIGR)