Up Fintech Holding Ltd - Understand $tigr stock

$TIGR Market Cap: $927.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$337.4M

TTM

Gross Margin

78.66%

TTM

Net Earnings

$30.84M

TTM

Current Assets

$6.306B

Q3 2024

Current Liabilities

$5.662B

Q3 2024

Current Ratio

111.38%

Q3 2024

Total Assets

$6.375B

Q3 2024

Total Liabilities

$5.837B

Q3 2024

Book Value

$537.5M

Q3 2024

Cash

$430.0M

Q3 2024

P/E

30.08

Nov 29, 2024 EST

Free Cash Flow

$153.8M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$272.5M	$225.4M	$264.5M	$138.5M	$58.70M	$33.60M	$16.90M	$5.500M
YoY Change	20.92%	-14.79%	90.97%	135.95%	74.7%	98.82%	207.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$272.5M	$225.4M	$264.5M	$138.5M	$58.70M	$33.60M	$16.90M	$5.500M
Cost Of Revenue	$56.04M	$34.28M	$49.52M	$22.70M	$6.600M	$300.0K	$0.00	$0.00
Gross Profit	$216.5M	$191.1M	$215.0M	$115.7M	$52.00M	$33.30M	$16.90M	$5.500M
Gross Profit Margin	79.43%	84.79%	81.28%	83.54%	88.59%	99.11%	100.0%	100.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$183.6M	$189.4M	$196.0M	$93.80M	$61.50M	$79.70M	$25.60M	$18.80M
YoY Change	-3.03%	-3.41%	109.01%	52.52%	-22.84%	211.33%	36.17%
% of Gross Profit	84.83%	99.09%	91.2%	81.07%	118.27%	239.34%	151.48%	341.82%
Research & Development	$63.46M	$60.15M	$47.77M	$22.51M
YoY Change	5.51%	25.91%	112.24%
% of Gross Profit	29.32%	31.48%	22.22%	19.45%
Depreciation & Amortization	$2.839M	$2.749M	$1.339M	$900.0K	$800.0K	$500.0K	$300.0K	$200.0K
YoY Change	3.25%	105.32%	48.77%	12.5%	60.0%	66.67%	50.0%
% of Gross Profit	1.31%	1.44%	0.62%	0.78%	1.54%	1.5%	1.78%	3.64%
Operating Expenses	$183.6M	$189.4M	$197.4M	$94.80M	$62.20M	$80.20M	$26.00M	$19.00M
YoY Change	-3.03%	-4.07%	108.21%	52.41%	-22.44%	208.46%	36.84%
Operating Profit	$32.85M	$1.734M	$17.58M	$20.90M	-$10.20M	-$46.90M	-$9.100M	-$13.50M
YoY Change	1794.6%	-90.14%	-15.89%	-304.9%	-78.25%	415.38%	-32.59%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$46.96M	$18.67M	$18.38M	$10.10M		$700.0K	-$100.0K	$300.0K
YoY Change	151.53%	1.58%	81.93%			-800.0%	-133.33%
% of Operating Profit	142.96%	1076.84%	104.55%	48.34%
Other Income/Expense, Net	$13.15M	$298.2K	$1.476M	$1.000M	$900.0K	$0.00	$0.00	$0.00
YoY Change	4309.92%	-79.8%	47.57%	11.11%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$45.99M	$2.032M	$19.05M	$22.00M	-$9.300M	-$46.20M	-$9.100M	-$13.40M
YoY Change	2163.71%	-89.34%	-13.39%	-336.56%	-79.87%	407.69%	-32.09%
Income Tax	$12.99M	$4.289M	$4.364M	$2.900M	-$3.400M	-$1.900M	-$1.200M	-$2.600M
% Of Pretax Income	28.23%	211.08%	22.9%	13.18%
Net Earnings	$32.56M	-$2.186M	$14.69M	$16.10M	-$6.600M	-$43.20M	-$7.500M	-$10.80M
YoY Change	-1589.34%	-114.88%	-8.75%	-343.94%	-84.72%	476.0%	-30.56%
Net Earnings / Revenue	11.95%	-0.97%	5.55%	11.62%	-11.24%	-128.57%	-44.38%	-196.36%
Basic Earnings Per Share	$0.01	$0.00	$0.01	$0.01
Diluted Earnings Per Share	$0.01	$0.00	$6.290K	$7.446K	-$3.768K	-$21.65K	-$3.758K	-$5.412K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$751.7M	$441.1M	$276.0M	$98.90M	$139.9M	$34.40M	$16.50M
YoY Change	70.39%	59.83%	179.07%	-29.31%	306.69%	108.48%
Cash & Equivalents	$322.6M	$277.7M	$269.1M	$79.70M	$59.40M	$34.40M	$16.50M
Short-Term Investments	$429.1M	$163.5M	$6.947M	$19.30M	$80.50M		$0.00
Other Short-Term Assets	$1.635B	$1.691B	$1.444B	$877.5M	$322.8M	$4.600M	$4.700M
YoY Change	-3.31%	17.14%	64.52%	171.84%	6917.39%	-2.13%
Inventory
Prepaid Expenses
Receivables	$753.4M	$644.7M	$1.469B	$1.137B	$291.2M	$1.400M	$2.200M
Other Receivables	$549.9M	$961.7M	$82.33M	$39.30M	$15.90M	$19.20M	$4.800M
Total Short-Term Assets	$3.690B	$3.739B	$3.271B	$2.152B	$769.7M	$59.60M	$28.10M
YoY Change	-1.3%	14.29%	52.0%	179.62%	1191.44%	112.1%
Property, Plant & Equipment	$25.50M	$30.46M	$11.76M	$8.900M	$7.200M	$1.300M	$800.0K
YoY Change	-16.3%	159.13%	32.09%	23.61%	453.85%	62.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$11.81M	$7.929M	$9.778M	$6.500M	$6.000M	$38.80M	$2.200M
YoY Change	48.98%	-18.91%	50.43%	8.33%	-84.54%	1663.64%
Other Assets	$16.27M	$17.90M	$17.23M	$14.20M	$15.60M	$14.30M	$4.600M
YoY Change	-9.07%	3.86%	21.35%	-8.97%	9.09%	210.87%
Total Long-Term Assets	$56.08M	$58.78M	$50.15M	$40.10M	$39.40M	$55.60M	$7.900M
YoY Change	-4.6%	17.22%	25.06%	1.78%	-29.14%	603.8%
Total Assets	$3.746B	$3.797B	$3.321B	$2.192B	$809.1M	$115.2M	$36.00M
YoY Change
Accounts Payable	$2.913B	$2.996B	$2.509B	$1.696B	$512.5M	$6.600M	$1.200M
YoY Change	-2.77%	19.4%	47.95%	230.97%	7665.15%	450.0%
Accrued Expenses	$46.52M	$43.27M	$36.36M	$30.70M	$19.30M	$4.700M	$8.000M
YoY Change	7.51%	19.01%	18.42%	59.07%	310.64%	-41.25%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.086B	$3.181B	$2.720B	$1.951B	$587.6M	$17.00M	$8.100M
YoY Change	-2.99%	16.93%	39.38%	232.1%	3356.47%	109.88%
Long-Term Debt	$156.9M	$154.3M	$148.8M	$0.00	$0.00	$0.00	$0.00
YoY Change	1.65%	3.69%
Other Long-Term Liabilities	$4.777M	$8.779M	$4.475M	$5.300M	$5.000M
YoY Change	-45.58%	96.17%	-15.57%	6.0%
Total Long-Term Liabilities	$161.7M	$163.1M	$153.3M	$5.300M	$5.000M	$0.00	$0.00
YoY Change	-0.89%	6.39%	2792.77%	6.0%
Total Liabilities	$3.257B	$3.350B	$2.875B	$1.957B	$597.1M	$139.6M	$50.80M
YoY Change	-2.78%	16.54%	46.93%	227.68%	327.72%	174.8%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	2.325B	2.295B	2.205B	2.118B
Diluted Shares Outstanding	2.427B	2.295B	2.336B	2.162B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $927.77 Million

About UP Fintech Holding Ltd

UP Fintech Holding Ltd. is a brokerage firm, which engages in the provision of online brokerage services. The company is headquartered in Beijing, Beijing and currently employs 1,109 full-time employees. The company went IPO on 2019-03-20. The firm offers comprehensive brokerage services through its integrated single-account structure, which empowers users in trade execution, margin financing and securities lending across different global markets. The firm also provides value-added services, such as investor education, community engagement and IR/PR platform, all within a few taps or clicks through application (APP) on smartphone, tablet and personal computer (PC) terminals. The firm also offers ESOP management services to soon-to-be listed and listed companies. The firm primarily operates its business in the New Zealand, Singapore and the United States.

Industry: Security Brokers, Dealers & Flotation Companies Peers: China Finance Online Co. LTD Futu Holdings Ltd