Up Fintech Holding ( (TIGR) ) has issued an announcement.
UP Fintech Holding Limited reported significant financial growth for the fourth quarter and full year of 2024, with total revenue reaching $124.1 million in Q4, marking a 77.3% year-over-year increase. The company also saw a substantial rise in net income, both on GAAP and non-GAAP bases, driven by increased trading volumes and a robust customer base expansion. The firm added 59,200 new customers with deposits in Q4, surpassing its annual target, and achieved record total account balances. Additionally, UP Fintech’s strategic advancements included the approval of its cryptocurrency platform in Hong Kong and the integration of AI technology into its services, enhancing its market position and operational capabilities.
More about Up Fintech Holding
UP Fintech Holding Limited, also known as Tiger Brokers, is a leading online brokerage firm that focuses on serving global investors. The company offers a range of financial services including trading in stocks, options, futures, and other financial instruments, with a strong emphasis on internationalization and technological integration.
YTD Price Performance: 19.31%
Average Trading Volume: 6,120,828
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.21B
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