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.

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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.

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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.

TIGR's top line rose by +44% YoY in Q3 2024 as its trading volume more than doubled for the recent quarter. UP Fintech's newly funded accounts jumped by +105% YoY for the third quarter of this year, and TIGR has met its 2024 newly funded accounts target of 150,000 by early November. A Buy rating for TIGR is maintained, as the stock is attractively valued based on the comparison of its P/E metric with its expected bottom-line growth rate.

UP Fintech: A Buy On Strong Trading Volume And Newly Funded Account Growth

UP Fintech Holding Limited (NASDAQ:TIGR ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Aaron Li - Head, Investor Relations Wu Tianhua - Chairman & Chief Executive Officer John Zeng - Chief Financial Officer Conference Call Participants Cindy Wang - China Renaissance Emma Xu - Bank of America Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the UP Fintech Holding Limited Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

UP Fintech Holding Limited (TIGR) Q3 2024 Earnings Call Transcript

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- UP Fintech Holding Limited (NASDAQ: TIGR) ("UP Fintech" or the "Company"), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech reported record revenue of US$101.1 million in the third quarter, representing a 15.6% increase quarter-over-quarter (QoQ) and a 44.1% increase year-over-year (YoY).

UP Fintech: Revenue Hits Record US$101M; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion

SINGAPORE, Nov. 12, 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 third quarter ended September 30, 2024.

UP Fintech Holding Limited Reports Unaudited Third Quarter 2024 Financial Results

SINGAPORE, Oct. 29, 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 the underwriters of the Company's follow-on public offering have fully exercised their option to purchase an aggregate of 2,250,000 additional American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, from the Company at the public offering price of US$6.25 per ADS.

UP Fintech Announces Full Exercise of Over-Allotment Option in Follow-on Public Offering of American Depositary Shares

SINGAPORE, Oct. 28, 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 third quarter ended September 30, 2024, before the U.S. market opens on November 12, 2024.

UP Fintech Holding Limited to Report Third Quarter 2024 Financial Results on November 12, 2024

SINGAPORE, Oct. 24, 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 the closing of its public offering of 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, at a public offering price of US$6.25 per ADS. The underwriters have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.

UP Fintech Announces Closing of Follow-on Public Offering of American Depositary Shares

SINGAPORE, Oct. 23, 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 the pricing of a public offering of 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, at a public offering price of US$6.25 per ADS. The underwriters will have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.

UP Fintech Announces Pricing of Follow-on Public Offering of American Depositary Shares

SINGAPORE, Oct. 22, 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 it intends to offer and sell 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.

UP Fintech Announces Proposed Follow-on Public Offering of American Depositary Shares

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I am not worried about UP Fintech's Q2 2024 earnings miss, as the company's second quarter bottom line was affected by a non-recurring provision. Instead, my focus is on TIGR's strong Q2 top line performance, with its latest quarterly revenue rising by +32.4% YoY and beating the market's expectations by +24.5%. I have left my Buy rating for UP Fintech unchanged, as the stock is undervalued based on growth, historical, and peer comparisons.

UP Fintech Holding: Look Beyond One-Offs And Consider Positive Growth Momentum

UP Fintech Holding Limited (NASDAQ:TIGR ) Q2 2024 Earnings Conference Call August 30, 2024 8:00 AM ET Company Participants Aaron Li - Head of Investor Relations Wu Tianhua - Chairman and Chief Executive Officer John Zeng - Chief Financial Officer Conference Call Participants Hua Fan - CICC Cindy Wang - China Renaissance Judy Zhang - Citi Operator Ladies and gentlemen, thank you for standing by, welcome to the UP Fintech Holding's Limited Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

UP Fintech Holding Limited (TIGR) Q2 2024 Earnings Call Transcript

NEW YORK , Aug. 30, 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 second quarter ended June 30, 2024. In the second quarter, the company achieved a total revenue of US$ 87.4 million, reflecting a quarter-over-quarter (QoQ) increase of 10.8% and a year-over-year (YoY) increase of 32.4%, hitting a new record high.

UP Fintech: Record-High Quarterly Revenue with Total Client Assets Reaching US$38.2 Billion

SINGAPORE, Aug. 30, 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 second quarter ended June 30, 2024.

UP Fintech Holding Limited Reports Unaudited Second Quarter 2024 Financial Results

SINGAPORE, Aug. 19, 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 second quarter ended June 30, 2024, before the U.S. market opens on August 30, 2024.

UP Fintech Holding Limited to Report Second Quarter 2024 Financial Results on August 30, 2024

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UP Fintech's top line and normalized net profit grew by +19% YoY and +42% YoY, respectively for Q1 2024. TIGR is well-positioned to achieve its FY 2024 new funded accounts target of 150,000, which will translate into a +17% increase in total funded accounts in the current year. My rating for UP Fintech is revised to a Buy, considering its good Q1 results and favorable full-year prospects.

UP Fintech: A Good Quarter And A Positive Outlook (Rating Upgrade)

UP Fintech Holding Limited (NASDAQ:TIGR ) Q1 2024 Earnings Conference Call June 5, 2024 8:00 AM ET Company Participants Aaron Li - Head of Investor Relations Tianhua Wu - Chairman and Chief Executive Officer John Fei Zeng - Chief Financial Officer Conference Call Participants Hua Fan - CICC Alan Chen - Citi Operator Ladies and gentlemen, thank you for standing by, and welcome to the UP Fintech Holding Limited First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

UP Fintech Holding Limited (TIGR) Q1 2024 Earnings Call Transcript

HONG KONG and SINGAPORE and NEW YORK , June 5, 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 first quarter ended March 31, 2024. In the first quarter, the company achieved a total revenue of US$78.9 million, marking a 19% year-over-year (YoY) increase and achieving a nearly three-year high.

UP Fintech: Revenue Hits Three-Year High, Net Profit up 42% YoY, Client Assets Reach Record US$32.9 Billion

SINGAPORE, June 05, 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 first quarter ended March 31, 2024.

UP Fintech Holding Limited Reports Unaudited First Quarter 2024 Financial Results

SINGAPORE, May 21, 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 first quarter ended March 31, 2024, before the U.S. market opens on June 5, 2024.

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