UP Fintech Holding Ltd (TIGR)
UP Fintech: Eyes On Results Beat And Singapore Market Potential
UP Fintech Holding Limited achieved a +12% FY24 earnings beat, as the broker signed up a larger-than-expected number of new customers on the back of healthy investor sentiment. UP Fintech's long-term future is bright; it is a leader in the key Singapore market where households have the potential to increase equity allocation. TIGR stock's potential upside is almost +40%, assuming the P/E valuation gap with its peers is closed.
UP Fintech Holding Limited (TIGR) Q4 2024 Earnings Call Transcript
UP Fintech Holding Limited (NASDAQ:TIGR ) Q4 2024 Earnings Conference Call March 18, 2025 8:00 AM ET Company Participants Aaron Li - Head, IR Wu Tianhua - Chairman and CEO John Zeng - CFO Conference Call Participants Cindy Wang - China Renaissance Emma Xu - Bank of America Securities Hua Fan - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the UP Fintech Holding Limited Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
UP Fintech: A Buy On Strong Trading Volume And Newly Funded Account Growth
TIGR's top line rose by +44% YoY in Q3 2024 as its trading volume more than doubled for the recent quarter. UP Fintech's newly funded accounts jumped by +105% YoY for the third quarter of this year, and TIGR has met its 2024 newly funded accounts target of 150,000 by early November. A Buy rating for TIGR is maintained, as the stock is attractively valued based on the comparison of its P/E metric with its expected bottom-line growth rate.
UP Fintech Holding Limited (TIGR) Q3 2024 Earnings Call Transcript
UP Fintech Holding Limited (NASDAQ:TIGR ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Aaron Li - Head, Investor Relations Wu Tianhua - Chairman & Chief Executive Officer John Zeng - Chief Financial Officer Conference Call Participants Cindy Wang - China Renaissance Emma Xu - Bank of America Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the UP Fintech Holding Limited Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
UP Fintech Holding: Look Beyond One-Offs And Consider Positive Growth Momentum
I am not worried about UP Fintech's Q2 2024 earnings miss, as the company's second quarter bottom line was affected by a non-recurring provision. Instead, my focus is on TIGR's strong Q2 top line performance, with its latest quarterly revenue rising by +32.4% YoY and beating the market's expectations by +24.5%. I have left my Buy rating for UP Fintech unchanged, as the stock is undervalued based on growth, historical, and peer comparisons.
