|
FY2025
12 months to Dec 31, 2025
|
FY2024
12 months to Dec 31, 2024
|
FY2023
12 months to Dec 31, 2023
|
FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|---|---|---|
| Revenues: | |||||
| Revenues | |||||
| Commissions | |||||
| Financing service fees | |||||
| Interest income | |||||
| Other revenues | |||||
| Total revenues | |||||
| Interest expense | |||||
| Total net revenues | |||||
| Operating cost and expenses: | |||||
| Execution and clearing | |||||
| Employee compensation and benefits (including share-based compensation of US$10,147,362, US$9,736,901 and US$15,609,141 for the years ended December 31, 2023, 2024 and 2025, respectively) | |||||
| Occupancy, depreciation and amortization | |||||
| Communication and market data | |||||
| Marketing and branding | |||||
| General and administrative | |||||
| Total operating cost and expenses | |||||
| Other income (expenses): | |||||
| Others, net | |||||
| Income before income taxes | |||||
| Income tax expense | |||||
| Net income | |||||
| Less: | |||||
| Net (loss) income attributable to non-controlling interests | |||||
| Accretion of Redeemable Non-controlling Interests to Redemption Value | |||||
| Net income attributable to ordinary shareholders of UP Fintech | |||||
| Net income per share attributable to ordinary shareholders of UP Fintech: | |||||
| Basic | |||||
| Diluted | |||||
| Weighted average shares used in calculating net income per ordinary share | |||||
| Basic | |||||
| Diluted | |||||
| Other comprehensive (loss) income, net of tax: | |||||
| Unrealized (loss) gain on available-for-sale securities (net of tax effect of nil, nil and nil for the years ended December 31, 2023, 2024 and 2025, respectively) | |||||
| Change in cumulative foreign currency translation adjustment | |||||
| Total Comprehensive income | |||||
| Total Comprehensive (loss) income attributable to non-controlling interests | |||||
| Accretion of redeemable non-controlling interests to redemption value | |||||
| Total Comprehensive income attributable to ordinary shareholders of UP Fintech | |||||
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