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UP Fintech Holding(TIGR) - 2025 Q2 - Quarterly Report
2025-08-27 10:02
EXHIBIT 99.1 UP Fintech Holding Limited Reports Unaudited Second Quarter 2025 Financial Results Singapore, August 27, 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 financial results for the second quarter ended June 30, 2025. Mr. Wu Tianhua, Chairman and CEO of UP Fintech stated: "We saw increased user engagement in the second quarter with more diversified products offering and sup ...
美股异动|向上融科盘前一度涨超6.5% 次季non-GAAP净利润同比大增近八倍创新高
Ge Long Hui· 2025-08-27 08:40
消息面上,向上融科第二季度业绩,营收1.39亿美元,同比增长58.7%,创历史新高;归属母公司的 non-GAAP净利润为4451万美元,环比增长23.5%,同比增长近八倍,创下历史新高。 报告期内,全球开户数新增5.3万,全球总开户数达258万。新增入金客户3.98万,推动总入金客户数同 比增长21.4%达到119.3万。公司业务活跃度持续提升,二季度总交易额同比增长168.3%至2840亿美元; 净入金保持强劲,达30亿美元,推动客户总资产环比增长近13.5%,同比增长36.3%至521亿美元,创历 史新高。(格隆汇) 向上融科(TIGR.US)盘前一度涨超6.5%,报13.66美元。 ...
UP Fintech: Profit Surges Nearly 8x YoY, Client Assets Reach Record High of US$52.1 Billion
Prnewswire· 2025-08-27 08:05
Financial Performance - UP Fintech reported total revenue of US$138.7 million for Q2 2025, representing a 58.7% year-over-year increase, achieving a record high [1] - Non-GAAP net income attributable to shareholders surged to US$44.5 million, up 23.5% quarter-over-quarter and nearly 8 times year-over-year, also reaching a record level [1] - Commission income rose to US$64.8 million, increasing by 90.1% year-over-year, while interest-related income climbed 30.4% year-over-year to US$61.4 million [8] Client Growth and Engagement - The company added 52,700 new accounts in Q2, bringing the total number of global accounts to 2.58 million, with funded accounts increasing by 39,800 [1] - Average net asset inflows from new clients exceeded US$20,000 in Q2, with figures in Hong Kong and Singapore reaching about US$30,000, driving client assets in these markets up approximately 50% and 20% quarter-over-quarter, respectively [2] - The wealth management business saw assets under custody (AUC) grow 31.7% quarter-over-quarter and 225% year-over-year, with the number of wealth clients increasing by 70.8% year-over-year [10] Trading Activity - Q2 trading volume soared 168.3% year-over-year to US$284 billion, with significant increases in trading orders and commissions [1] - In Singapore, total trading volume rose 113% year-over-year and 80% quarter-over-quarter, while in Hong Kong, trading volume surged nearly 8 times year-over-year [3][4] - In the US, options trading increased by 163.4% quarter-over-quarter, reflecting stronger user engagement [5] Product Enhancements - TigerAI, the AI-powered research assistant, saw its user base more than triple year-over-year, with total conversations rising over fourfold [8] - Major upgrades to the Tiger Trade app included new features for portfolio analysis, watchlist insights, and stock-specific assessments [2] - The company launched new fundamental tools such as revenue & expenditure breakdown and valuation track to assist investors in interpreting financials [8] Investment Banking and IPOs - UP Fintech's investment banking division participated in underwriting 7 Hong Kong IPOs and 4 US IPOs, ranking third among US-listed Chinese IPO underwriters [13] - The company underwrote the high-profile CHAGEE IPO, which attracted over 30,000 subscriptions, marking the highest number for a US IPO in nearly three years [13] Regional Performance - In Australia, new account openings grew 62.6% quarter-over-quarter, with total client assets climbing 34% quarter-over-quarter [7] - In New Zealand, net deposit amounts jumped 149.2% year-over-year, with trading volume surging 56.3% quarter-over-quarter and 119.7% year-over-year [7]
UP Fintech Holding Limited Reports Unaudited Second Quarter 2025 Financial Results
Globenewswire· 2025-08-27 08:00
Financial Performance - UP Fintech reported total revenues of US$138.7 million for Q2 2025, marking a 58.7% increase year-over-year and a 13.1% increase quarter-over-quarter [6][8] - The net income attributable to ordinary shareholders reached US$41.4 million, a significant increase of 36.2% from the previous quarter and approximately 15 times higher compared to the same period last year [2][14] - Non-GAAP net income attributable to ordinary shareholders was US$44.5 million, reflecting a 23.5% sequential increase and nearly 8 times growth year-over-year [2][15] Customer Growth and Engagement - The company added 39,800 new customers with deposits in Q2 2025, bringing the total number of customers with deposits to 1,192,700, a 21.4% increase year-over-year [3][8] - Year-to-date, UP Fintech has onboarded over 100,000 new customers with deposits, reinforcing its annual target of 150,000 new customers for 2025 [3] - The average net asset inflow of newly acquired funded clients reached a record high of over US$20,000 this quarter, with clients in Hong Kong and Singapore averaging around US$30,000 [3] Trading and Account Activity - The total account balance increased by 36.3% year-over-year to US$52.1 billion, driven by robust asset inflows and a US$3.2 billion mark-to-market gain [8] - Trading volume for Q2 2025 was US$284.0 billion, a substantial increase from US$105.9 billion in the same quarter last year [6][8] - The number of options and futures contracts traded rose to 22,432.3 thousand in Q2 2025, up from 12,175.1 thousand in Q2 2024 [5] New Product Offerings - In July 2025, UP Fintech launched new trading features for Central Provident Fund (CPF) and Supplementary Retirement Scheme (SRS) accounts in Singapore, allowing eligible clients to invest retirement funds in approved financial products [4] Corporate Business Activities - The company underwrote 7 Hong Kong IPOs and 4 U.S. IPOs in Q2 2025, including notable names such as "Chagee" and "Zhou Liu Fu Jewelry" [5] - UP Fintech added 30 new clients in its Employee Stock Ownership Plan (ESOP) business, bringing the total number of ESOP clients to 663 as of June 30, 2025 [5]
老虎证券上涨4.96%,报13.34美元/股,总市值23.57亿美元
Jin Rong Jie· 2025-08-25 13:48
Group 1 - Tiger Securities (TIGR) opened up by 4.96% on August 25, reaching $13.34 per share, with a trading volume of $13.01 million and a total market capitalization of $2.357 billion [1] - As of March 31, 2025, Tiger Securities reported total revenue of $123 million, representing a year-over-year growth of 55.3%, and a net profit attributable to shareholders of $30.42 million, reflecting a significant increase of 146.71% [1] Group 2 - On August 27, Tiger Securities is scheduled to disclose its mid-year report for the fiscal year 2025 before the market opens (Eastern Time) [2] - UP Fintech Holding Limited is recognized as a leading online brokerage firm focused on global Chinese investors, providing a self-operated trading platform that allows investors to trade stocks and other financial instruments across multiple exchanges [2]
纳斯达克中国金龙指数涨超3%:蔚来涨超18%,金山云涨超8%
Ge Long Hui A P P· 2025-08-22 16:44
Group 1 - The Nasdaq China Golden Dragon Index rose over 3%, indicating a positive trend for Chinese concept stocks [1] - NIO saw a significant increase of 18.32%, leading the gains among the component stocks [2] - Other notable performers included VNET with a rise of 16.97% and MNSO with an increase of 16.44% [2] Group 2 - Tiger Securities (TIGR) increased by 13.49%, while Kingsoft Cloud (KC) rose by 8.99% [2] - Smaller gains were observed in companies like Xiaoying Technology (XYF) at 8.55% and RLX Technology at 7.14% [2] - Other companies such as Lufax (LU) and Zhongjin Ke Industrial (ZJK) also experienced gains of 6.72% and 6.44% respectively [2]
老虎证券上涨10.15%,报12.37美元/股,总市值21.85亿美元
Jin Rong Jie· 2025-08-22 15:07
Group 1 - Tiger Securities (TIGR) experienced a 10.15% increase in stock price, reaching $12.37 per share with a trading volume of $75.27 million and a total market capitalization of $2.185 billion as of August 22 [1] - For the fiscal year ending March 31, 2025, Tiger Securities reported total revenue of $123 million, representing a year-over-year growth of 55.3%, and a net profit attributable to shareholders of $30.42 million, which is a significant increase of 146.71% [1] Group 2 - Tiger Securities is set to release its fiscal year 2025 interim report on August 27, prior to the market opening (Eastern Time), with the actual disclosure date subject to company announcement [2] - UP Fintech Holding Limited, the parent company of Tiger Securities, is a leading online brokerage firm focused on global Chinese investors, providing a self-operated trading platform that allows investors to trade stocks and other financial instruments across multiple exchanges [2]
纳斯达克中国金龙指数涨超2%:蔚来涨超10%,量子之歌涨超8%
Ge Long Hui A P P· 2025-08-22 14:57
Group 1 - The Nasdaq China Golden Dragon Index rose over 2%, indicating a positive trend for Chinese concept stocks [1] - Notable gainers included Miniso, which increased by 12.49%, and NIO, which rose by 10.02% [2] - Other significant performers were QuantumScape with an 8.89% increase, and Manbang with a 7.94% rise [2] Group 2 - Additional stocks that saw gains included EHang Intelligent at 6.70%, and Woosir Technology at 6.92% [2] - Smaller increases were observed in companies like Xiaoying Technology at 5.55% and Dingdong Maicai at 5.66% [2] - Overall, the performance of these stocks reflects a broader recovery trend in the Chinese stock market [1]
老虎证券上涨3.29%,报11.6美元/股,总市值20.49亿美元
Jin Rong Jie· 2025-08-22 13:52
Group 1 - Tiger Securities (TIGR) opened up 3.29% on August 22, trading at $11.6 per share with a total transaction volume of $8.1014 million and a market capitalization of $2.049 billion [1] - As of March 31, 2025, Tiger Securities reported total revenue of $123 million, representing a year-over-year growth of 55.3%, and a net profit attributable to shareholders of $30.4191 million, reflecting a year-over-year increase of 146.71% [1] Group 2 - Tiger Securities is set to disclose its fiscal year 2025 mid-term report on August 27, prior to the market opening (Eastern Time) [2] - UP Fintech Holding Limited is a leading online brokerage firm focused on global Chinese investors, providing a self-operated trading platform that allows investors to trade stocks and other financial instruments across multiple exchanges [2] - The company emphasizes innovation in products and services, along with an excellent user experience, making it one of the most utilized and recognized online trading platforms among global Chinese investors [2]
美股异动 | 纳斯达克中国金龙指数涨超1% 蔚来(NIO.US)涨逾7%
智通财经网· 2025-08-21 14:50
Core Viewpoint - The Nasdaq China Golden Dragon Index increased by over 1%, indicating a positive trend in popular Chinese concept stocks [1] Group 1: Stock Performance - Xpeng Motors (XPEV.US) rose by over 9% [1] - Miniso Group (MNSO.US) increased by over 8% [1] - NIO Inc. (NIO.US) and BOSS Zhipin (BZ.US) both saw gains of over 7% [1] - Tuniu Corporation (TOUR.US) grew by over 5% [1] - Tiger Brokers (TIGR.US) climbed nearly 5% [1]