UP Fintech Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	267.72	203.07	161.47	93.05	79.6
Total Interest Expense	73.36	60.8	46.96	18.67	18.38
Net Interest Income	194.36	142.26	114.51	74.38	61.23
Brokerage Commission	266.83	159.05	92.59	108.12	147.2
Other Revenue	77.51	29.43	18.44	24.19	37.69
Revenue	538.71	330.74	225.55	206.7	246.11
Revenue Growth (YoY)	62.88%	46.64%	9.12%	-16.01%	91.68%
Salaries & Employee Benefits	167.17	122.37	100.75	101.75	87.16
Cost of Services Provided	163.16	129.91	91.95	103.21	141.37
Total Operating Expenses	330.33	252.27	192.7	204.96	228.53
Operating Income	208.38	78.46	32.85	1.73	17.58
Other Non-Operating Income (Expenses)	-0.94	3.75	13.57	1.54	-2.72
EBT Excluding Unusual Items	207.44	82.21	46.42	3.27	14.86
Gain (Loss) on Sale of Investments	-	-0.45	-0.43	-1.24	-
Other Unusual Items	-	-	-	-	4.19
Pretax Income	207.44	81.76	45.99	2.03	19.05
Income Tax Expense	35.96	20.41	12.99	4.29	4.36
Earnings From Continuing Ops.	171.48	61.35	33.01	-2.26	14.69
Minority Interest in Earnings	-0.58	-0.63	-0.44	0.07	-
Net Income	170.9	60.73	32.56	-2.19	14.69
Net Income to Common	170.9	60.73	32.56	-2.19	14.69
Net Income Growth	181.42%	86.49%	-	-	-8.55%
Shares Outstanding (Basic)	177	160	155	153	147
Shares Outstanding (Diluted)	187	169	162	153	156
Shares Change (YoY)	10.80%	4.40%	5.76%	-1.74%	8.02%
EPS (Basic)	0.97	0.38	0.21	-0.01	0.10
EPS (Diluted)	0.93	0.37	0.21	-0.01	0.08
EPS Growth	153.95%	77.02%	-	-	-33.45%
Free Cash Flow	-	826.42	-9.33	253.17	408.24
Free Cash Flow Per Share	-	4.89	-0.06	1.66	2.62
Operating Margin	38.68%	23.72%	14.56%	0.84%	7.14%
Profit Margin	31.72%	18.36%	14.44%	-1.06%	5.97%
Free Cash Flow Margin	-	249.87%	-4.14%	122.48%	165.88%
Effective Tax Rate	17.34%	24.96%	28.23%	211.08%	22.90%
Revenue as Reported	612.06	391.54	272.51	225.37	264.49

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.