June 19, 2021
Markets

UP Fintech Holding Limited Reports Unaudited First Quarter

BEIJING, China, May 25, 2021 (GLOBE NEWSWIRE) — 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 first quarter ended March 31, 2021.

“We are pleased to announce that our Company delivered strong growth in revenue, profits, and client assets in the first quarter of 2021”, stated Mr. Wu Tianhua, CEO and Director of UP Fintech. Total revenues were US$81.3 million, a 255.5% increase from the first quarter of 2020, and were bolstered by solid increases in commissions, interest income, and revenues derived from our corporate business. The profitability of our Company continued to improve as net income attributable to UP Fintech in the first quarter was US$21.1 million, a significant improvement from net loss of US$0.2…

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