向上融科UP Fintech Holding ed(TIGR)2024年第四季度及全年业绩报告「NASDAQ」(英文版)(11页).pdf

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向上融科UP Fintech Holding ed(TIGR)2024年第四季度及全年业绩报告「NASDAQ」(英文版)(11页).pdf

1、 1 EXHIBIT 99.1 UP Fintech Holding Limited Reports Unaudited Fourth Quarter And Full Year 2024 Financial Results Singapore,March 18,2025 UP Fintech Holding Limited(NASDAQ:TIGR)(“UP Fintech”or the“Company”),a leading online brokerage firm focusing on global investors,today announced its unaudited fin

2、ancial results for the fourth quarter and full year ended December 31,2024.Mr.Wu Tianhua,Chairman and CEO of UP Fintech stated:“Both of our financial and operating performance have achieved significant growth in the fourth quarter and the full year of 2024.Total revenue in the fourth quarter reached

3、 US$124.1 million,representing a sequential increase of 22.8%and a year-over-year growth of 77.3%.The full year total revenue amounted to US$391.5 million,a 43.7%increase from 2023.Bottom line also largely increased on a GAAP and non-GAAP basis.Net income attributable to ordinary shareholders of UP

4、Fintech in the fourth quarter reached US$28.1 million,representing a quarter-over-quarter growth of 58.0%and compared to a net loss of US$1.8 million in the same quarter of last year.Non-GAAP net income attributable to ordinary shareholders of UP Fintech in the fourth quarter amounted to US$30.5 mil

5、lion,a quarter-over-quarter increase of 51.7%and a year-over-year increase of 2772.5%.The full year net income and non-GAAP net income attributable to ordinary shareholders of UP Fintech in 2024 were US$60.7 million and US$70.5 million,increased 86.5%and 65.0%respectively compared to prior year.We a

6、re pleased to see that both our annual and quarterly topline and bottom line have reached an all-time high as we keep executing internationalization strategy and building a resilient business model with healthier operating leverage.In the fourth quarter,we added 59,200 customers with deposits,an inc

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