
UP Fintech Holding Ltd
NASDAQ:TIGR

Income Statement
Earnings Waterfall
UP Fintech Holding Ltd
Revenue
|
391.5m
USD
|
Cost of Revenue
|
-75.5m
USD
|
Gross Profit
|
316.1m
USD
|
Operating Expenses
|
-237.6m
USD
|
Operating Income
|
78.5m
USD
|
Other Expenses
|
-17.7m
USD
|
Net Income
|
60.7m
USD
|
Income Statement
UP Fintech Holding Ltd
Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||
Revenue |
30
N/A
|
34
+11%
|
35
+5%
|
42
+19%
|
48
+15%
|
59
+22%
|
72
+22%
|
88
+23%
|
111
+26%
|
139
+25%
|
197
+42%
|
227
+15%
|
249
+10%
|
265
+6%
|
236
-11%
|
229
-3%
|
224
-2%
|
225
+1%
|
239
+6%
|
252
+5%
|
266
+6%
|
273
+2%
|
285
+5%
|
307
+8%
|
337
+10%
|
392
+16%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(0)
|
(0)
|
(1)
|
(2)
|
(4)
|
(7)
|
(9)
|
(12)
|
(17)
|
(23)
|
(34)
|
(40)
|
(47)
|
(50)
|
(44)
|
(40)
|
(34)
|
(34)
|
(37)
|
(42)
|
(49)
|
(56)
|
(62)
|
(66)
|
(71)
|
(75)
|
|
Gross Profit |
30
N/A
|
33
+11%
|
35
+4%
|
40
+15%
|
44
+10%
|
52
+18%
|
63
+21%
|
77
+22%
|
95
+24%
|
116
+22%
|
163
+41%
|
186
+14%
|
202
+8%
|
215
+6%
|
192
-11%
|
189
-1%
|
190
+0%
|
191
+1%
|
202
+6%
|
210
+4%
|
217
+4%
|
216
0%
|
223
+3%
|
240
+8%
|
267
+11%
|
316
+19%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(76)
|
(80)
|
(84)
|
(54)
|
(57)
|
(62)
|
(67)
|
(73)
|
(81)
|
(95)
|
(115)
|
(150)
|
(171)
|
(197)
|
(209)
|
(201)
|
(200)
|
(189)
|
(182)
|
(178)
|
(180)
|
(184)
|
(189)
|
(211)
|
(221)
|
(238)
|
|
Selling, General & Administrative |
(76)
|
(80)
|
(84)
|
(54)
|
(57)
|
(62)
|
(67)
|
(73)
|
(81)
|
(94)
|
(115)
|
(150)
|
(171)
|
(196)
|
(209)
|
(201)
|
(200)
|
(187)
|
(182)
|
(178)
|
(180)
|
(181)
|
(189)
|
(211)
|
(221)
|
(238)
|
|
Depreciation & Amortization |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
|
Operating Income |
(46)
N/A
|
(47)
-2%
|
(49)
-5%
|
(14)
+71%
|
(13)
+9%
|
(10)
+22%
|
(4)
+60%
|
4
N/A
|
14
+255%
|
21
+52%
|
48
+131%
|
36
-26%
|
31
-14%
|
18
-43%
|
(17)
N/A
|
(12)
+30%
|
(11)
+13%
|
2
N/A
|
20
+1 057%
|
32
+61%
|
37
+17%
|
33
-12%
|
34
+4%
|
29
-15%
|
46
+58%
|
78
+72%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
0
|
1
|
1
|
1
|
1
|
(1)
|
1
|
(0)
|
1
|
1
|
(16)
|
1
|
2
|
2
|
18
|
3
|
0
|
1
|
7
|
13
|
13
|
16
|
10
|
(2)
|
3
|
|
Pre-Tax Income |
(46)
N/A
|
(46)
-2%
|
(47)
-2%
|
(13)
+72%
|
(11)
+12%
|
(9)
+18%
|
(5)
+42%
|
5
N/A
|
14
+206%
|
22
+60%
|
49
+123%
|
20
-59%
|
32
+60%
|
19
-40%
|
(15)
N/A
|
6
N/A
|
(8)
N/A
|
2
N/A
|
21
+937%
|
39
+87%
|
50
+28%
|
46
-8%
|
51
+10%
|
39
-23%
|
44
+12%
|
82
+86%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
1
|
2
|
3
|
3
|
4
|
3
|
1
|
(2)
|
(4)
|
(3)
|
(9)
|
(5)
|
(3)
|
(4)
|
3
|
2
|
(1)
|
(4)
|
(9)
|
(13)
|
(14)
|
(13)
|
(13)
|
(12)
|
(12)
|
(20)
|
|
Income from Continuing Operations |
(45)
|
(44)
|
(44)
|
(10)
|
(8)
|
(6)
|
(4)
|
2
|
10
|
19
|
40
|
14
|
29
|
15
|
(12)
|
8
|
(9)
|
(2)
|
12
|
26
|
36
|
33
|
37
|
27
|
31
|
61
|
|
Income to Minority Interest |
1
|
1
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
(43)
N/A
|
(43)
+0%
|
(44)
-2%
|
(10)
+77%
|
(8)
+20%
|
(7)
+17%
|
(4)
+41%
|
1
N/A
|
7
+630%
|
16
+130%
|
37
+129%
|
12
-66%
|
28
+127%
|
15
-48%
|
(12)
N/A
|
8
N/A
|
(9)
N/A
|
(2)
+75%
|
12
N/A
|
26
+121%
|
36
+39%
|
33
-9%
|
37
+13%
|
26
-29%
|
31
+17%
|
61
+97%
|
|
EPS (Diluted) |
-0.02
N/A
|
-0.02
N/A
|
-0.06
-200%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.02
+100%
|
0.01
-50%
|
0.01
N/A
|
0.02
+100%
|