UP Fintech: Client Assets Hit Record High, Over 75% from Clients in Markets such as SG; 2023 Net Income Surged by 237%
UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares (TIGR)
US:NASDAQ Investor Relations:
tigerlogic.com/company/press/sap.jsp
Company Research
Source: PR Newswire
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. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a non-cash foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and br
Show less
Read more
Impact Snapshot
Event Time:
TIGR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TIGR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TIGR alerts
High impacting UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TIGR
News
- UP Fintech Holding Limited’s Hong Kong Subsidiary Receives SFC Approval on Type 9 License to Provide Asset Management ServicesGlobeNewswire
- UP Fintech Holding Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- UP Fintech Holding Limited (NASDAQ: TIGR) had its price target lowered by analysts at Citigroup Inc. from $8.01 to $6.22. They now have a "buy" rating on the stock.MarketBeat
- UP Fintech Holding Limited (NASDAQ:TIGR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- UP Fintech stock drops after Q4 earnings fall short of analysts' expectations [Seeking Alpha]Seeking Alpha
TIGR
Sec Filings
- 4/22/24 - Form 20-F
- 3/22/24 - Form 144
- 3/20/24 - Form 6-K
- TIGR's page on the SEC website