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-0.00235849056603769 -0.00471698113207558 -0.00235849056603769 0.00235849056603769 0.00235849056603769 0.0188679245283019 0.0330188679245282 0.0259433962264152
Stock impact report

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

UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares (TIGR) 
US:NASDAQ Investor Relations: tigerlogic.com/company/press/sap.jsp
Company Research Source: Yahoo! Finance
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. Non-GAAP net income attributable to UP Fintech was US$14.7 million , 12.9 times increase quarter-over-quarter (QoQ) and a YoY surge of 42.4%. In the first quarter of 2024, the Company added 51,700 new global account holders, an increase of 8.1% quarter-over-quarter, bringing the total number of global accounts to 2.25 million. 28,800 newly funded accounts were added, driving the total number of funded accounts to 933,400, a YoY increase of 15%. As of the end of May, the number of newly funded clients in the second quarter has already exceeded the first quarter's increase. Addit Show less Read more
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