UP Fintech Holding Limited (TIGR)

UP Fintech Holding Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	225.55	206.7	246.11	128.39	54.56
Revenue Growth (YoY)	9.12%	-16.01%	91.68%	135.32%	62.58%
Cost of Revenue	109.83	117.36	118.3	62.68	38.31
Gross Profit	115.72	89.34	127.81	65.71	16.25
Selling, General & Admin	42.65	51.45	81.97	29.62	16.36
Other Operating Expenses	40.22	36.15	28.26	15.06	10.07
Operating Expenses	82.87	87.61	110.23	44.68	26.43
Operating Income	32.85	1.73	17.58	21.03	-10.17
Other Expense / Income	-13.25	-0.43	-1.48	2.12	-0.23
Pretax Income	46.09	2.16	19.05	18.92	-9.94
Income Tax	12.99	4.29	4.36	2.85	-3.36
Net Income	33.11	-2.13	14.69	16.06	-6.59
Preferred Dividends	0.54	0.06	0	0	0
Net Income Common	32.56	-2.19	14.69	16.06	-6.59
Net Income Growth	-	-	-8.55%	-	-
Shares Outstanding (Basic)	2,325	2,295	2,205	2,118	1,752
Shares Outstanding (Diluted)	2,325	2,295	2,205	2,118	1,752
Shares Change	1.32%	4.08%	4.12%	20.90%	245.93%
EPS (Basic)	0.15	-	0.15	0.15	-
EPS (Diluted)	0.15	-	0.15	0.15	-
Free Cash Flow	-9.33	253.17	408.24	534.3	241.99
Free Cash Flow Per Share	-0.06	1.66	2.78	3.78	2.07
Gross Margin	51.30%	43.22%	51.93%	51.18%	29.79%
Operating Margin	14.56%	0.84%	7.14%	16.38%	-18.65%
Profit Margin	14.44%	-1.06%	5.97%	12.51%	-12.08%
Free Cash Flow Margin	-4.14%	122.48%	165.88%	416.14%	443.52%
Effective Tax Rate	28.17%	198.46%	22.90%	15.07%	-
EBITDA	48.93	4.91	20.39	19.84	-9.19
EBITDA Margin	21.69%	2.38%	8.29%	15.46%	-16.85%
Depreciation & Amortization	2.84	2.75	1.34	0.93	0.75
EBIT	46.09	2.16	19.05	18.92	-9.94
EBIT Margin	20.44%	1.05%	7.74%	14.73%	-18.23%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).