Up Fintech Hldg Ltd Stock Price, News & Analysis

UP Fintech Holding Limited (NASDAQ: TIGR), a leading online brokerage firm focused on global investors, has scheduled its first quarter 2025 financial results announcement for May 30, 2025, before the U.S. market opens. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Singapore/Hong Kong Time) on the same day.

Participants must preregister online to receive dial-in numbers for the conference call. The event will also be available via live and archived webcast on the company's investor relations website.

UP Fintech (NASDAQ: TIGR) reported record-breaking Q4 and full-year 2024 results. Q4 revenue reached $124.1 million, up 77.3% YoY, while full-year revenue hit $391.5 million, increasing 43.7% YoY. Q4 non-GAAP net income soared to $30.5 million, up 2772.5% YoY, with full-year figures reaching $70.5 million, up 65% YoY.

The company added 81,300 new accounts in Q4, bringing total global accounts to 2.4 million. Total funded clients reached 1,092,000, up 20.7% YoY. Q4 trading volume increased 142.2% YoY to $198 billion, with net asset inflows of $1.1 billion. Total client assets grew 36.4% YoY to $41.7 billion.

Singapore remains the company's largest market, with Hong Kong showing strong growth. The company expanded its wealth management services, with AUC nearly doubling YoY. The ESOP platform achieved first-time annual profitability, serving 613 enterprise clients.

UP Fintech (NASDAQ: TIGR) reported strong financial results for Q4 and full year 2024. Q4 total revenue reached $124.1 million, up 77.3% year-over-year, while full-year revenue grew 43.7% to $391.5 million.

Q4 net income was $28.1 million, compared to a loss of $1.8 million in Q4 2023. Full-year net income reached $60.7 million, an 86.5% increase from 2023. The company added 59,200 customers with deposits in Q4, bringing the yearly total to 187,400, exceeding guidance of 150,000.

Total account balance reached a record $41.7 billion, up 36.4% year-over-year, with Q4 net inflows of $1.1 billion. The company's margin financing and securities lending balance increased 88.2% to $4.5 billion. Notable developments include YAX receiving HKSFC approval for virtual asset trading and the upgrade of TigerGPT to TigerAI.

UP Fintech (NASDAQ: TIGR) has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for March 18, 2025, before U.S. market opens. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Singapore/Hong Kong Time) on the same day.

Participants must preregister online to receive dial-in numbers for the conference call. A live and archived webcast will be available on the company's investor relations website.

UP Fintech (NASDAQ: TIGR) reported outstanding Q3 2024 results with record revenue of US$101.1 million, up 15.6% QoQ and 44.1% YoY. Non-GAAP net income reached US$20.1 million, increasing 286.5% QoQ. The company added 60,000 new accounts, bringing total accounts to 2.37 million. Total client assets doubled YoY to US$40.8 billion, while trading volume surged 103.1% YoY to US$163 billion. Strong performance was noted across key markets: Singapore achieved record trading volumes, Hong Kong client assets grew 30% QoQ, and the U.S. platform TradeUP showed robust growth with significant increases in trading volumes.

UP Fintech Holding (NASDAQ: TIGR) reported strong Q3 2024 financial results with total revenue reaching a historic high of US$101.1 million, up 44.1% year-over-year. Net income attributable to shareholders was US$17.8 million, increasing 34.0% year-over-year. The company added 50,500 new customers with deposits in Q3, bringing total customers with deposits to 1,032,800. Total account balance grew 115.9% year-over-year to US$40.8 billion. The company expanded its product offerings by launching Hong Kong stock options trading and short selling, while also introducing the Tiger Boss debit card. Corporate business remained strong with 13 U.S. and Hong Kong IPOs underwritten during the quarter.

UP Fintech Holding (Nasdaq: TIGR) announced that underwriters have fully exercised their over-allotment option to purchase an additional 2,250,000 American Depositary Shares (ADSs) at $6.25 per ADS. Each ADS represents 15 Class A ordinary shares. Deutsche Bank AG, China International Capital , and US Tiger Securities acted as joint bookrunners. The offering was made through an automatic shelf registration on Form F-3 filed with the SEC.

UP Fintech Holding (NASDAQ: TIGR) has announced it will release its third quarter 2024 financial results on November 12, 2024, before the U.S. market opens. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (9:00 PM Singapore/Hong Kong Time) on the same day. Participants must preregister online to receive dial-in numbers for the conference call. A live and archived webcast will be available on the company's investor relations website.