UP Fintech Holding Limited
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. UP Fintech Holding Limited's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $272,507,595. The net income raised on $32,563,525 and profit margin reached 12%. Total operating expenses were $162,672,862.

Profit Margin

UP Fintech Holding Limited (NASDAQ:TIGR): Profit margin
2016 5.47M -10.75M -196.47%
2017 16.94M -7.51M -44.31%
2018 33.56M -43.20M -128.75%
2019 58.66M -5.94M -10.14%
2020 138.49M 16.06M 11.6%
2021 264.48M 14.69M 5.55%
2022 225.36M -2.25M -1%
2023 272.50M 32.56M 11.95%

TIGR Income Statement (2016 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue
272.50M225.36M264.48M138.49M58.66M33.56M16.94M5.47M
Cost of revenue
109.83M136.02M136.68M72.78M42.40M55.91M11.98M8.44M
Gross profit
162.67M89.33M127.80M65.71M16.25M-22.35M4.96M-2.96M
Operating exp.
Research and development
00000000
Selling and marketing
20.85M33.12M59.26M15.87M7.10M10.52M6.28M3.47M
Total operating expenses
162.67M87.60M110.22M44.67M26.42M24.53M13.97M10.57M
Operating income
79.80M1.66M12.04M20.10M-13.74M-44.88M-8.69M-13.22M
Other income (expenses), net
-33.80M368.58K7.00M-21.96M4.44M531.40K-417.44K73.79K
Income before tax
45.99M2.03M19.05M22.02M-9.30M-46.16M-9.11M-13.37M
Income tax expense
12.98M4.28M4.36M2.85M-3.35M-1.87M-1.18M-2.56M
Net income
32.56M-2.25M14.69M16.06M-5.94M-43.20M-7.51M-10.75M
Earnings per share
Basic EPS
0.21-0.010.090.11-0.04-0.32-0.06-0.09
Diluted EPS
0.21-0.010.090.11-0.04-0.32-0.06-0.09
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