UP Fintech Holding Limited
UP Fintech Holding Limited (TIGR) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for UP Fintech Holding Limited (TIGR), featuring income statements, balance sheets, and cash flow data.
UP Fintech Holding Limited (TIGR) Income Statement & Financial Overview
Access detailed annual and quarterly income data for UP Fintech Holding Limited TIGR financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $124.10M | $101.05M | $87.44M | $78.95M |
| Cost of Revenue | $43.26M | $32.29M | $31.45M | $4.38M |
| Gross Profit | $80.84M | $68.77M | $55.98M | $74.57M |
| Gross Profit Ratio | $0.65 | $0.68 | $0.64 | $0.94 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $27.73M | $24.89M | $35.47M | $18.62M |
| Operating Expenses | $29.87M | $68.77M | $37.58M | $46.41M |
| Total Costs & Expenses | $55.24M | $101.05M | $69.03M | $50.78M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $16.73M | $15.70M | $13.58M | $14.79M |
| Depreciation & Amortization | $2.14M | $2.16M | $2.11M | $2.14M |
| EBITDA | $53.12M | $38.69M | $20.52M | $30.31M |
| EBITDA Ratio | $0.43 | $0.38 | $0.23 | $0.38 |
| Operating Income | $52.13M | $41.72M | $16.45M | $28.17M |
| Operating Income Ratio | $0.42 | $0.41 | $0.19 | $0.36 |
| Other Income/Expenses (Net) | -$14.41M | -$20.89M | -$10.22M | -$11.17M |
| Income Before Tax | $37.72M | $20.83M | $6.23M | $16.99M |
| Income Before Tax Ratio | $0.30 | $0.21 | $0.07 | $0.22 |
| Income Tax Expense | $9.49M | $2.91M | $3.49M | $4.53M |
| Net Income | $28.05M | $17.75M | $2.59M | $12.33M |
| Net Income Ratio | $0.23 | $0.18 | $0.03 | $0.16 |
| EPS | $0.16 | $0.11 | $0.01 | $0.08 |
| Diluted EPS | $0.16 | $0.11 | $0.02 | $0.08 |
| Weighted Avg Shares Outstanding | $170.53M | $157.50M | $172.89M | $156.16M |
| Weighted Avg Shares Outstanding (Diluted) | $179.17M | $164.48M | $158.58M | $163.47M |
The company's financials show resilient growth, with revenue advancing from $78.95M in Q1 2024 to $124.10M in Q4 2024. Gross profit remained healthy with margins at 65% in Q4 2024 compared to 94% in Q1 2024. Operating income hit $52.13M last quarter, sustaining a consistent 42% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $53.12M. Net income rose to $28.05M, while earnings per share reached $0.16. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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