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0 0.0181818181818182 0.00454545454545445 0 -0.00227272727272743 -0.0227272727272728 -0.015909090909091 -0.0272727272727273
Stock impact report

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

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: Yahoo! Finance
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 bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quar Show less Read more
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