UP Fintech Holding Limited Reports Unaudited Fourth Quarter And Full Year 2023 Financial Results [Yahoo! Finance]
UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares (TIGR)
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Source: Yahoo! Finance
firm focusing on global investors, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Mr. Wu Tianhua, Chairman and CEO of UP Fintech stated: “In 2023, our topline mix benefited from our strategy execution on internationalization and the high interest rate environment. Total revenue in the fourth quarter was US$70.0 million, representing a 9.6% increase compared to the same quarter of last year. The full year total revenue amounted to US$272.5 million, a 20.9% increase from 2022. In 2023, we saw significant improvement in bottom line. Full year net income attributable to UP Fintech reached US$32.6 million, compared to a net loss of US$2.2 million in 2022. Our non-GAAP full-year net income attributable to UP Fintech was US$42.7 million, approximately 3.4 times the non-GAAP full-year net income of 2022. In the fourth quarter, we added 39,034 new funded accounts, an increase of 58.6% quarter over quarter and 42.8% year over ye
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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