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TIGR Financial Statements and Analysis

NASDAQ : TIGR

UP Fintech Holding Limited

$8.20
-0.1-1.21%
At Close 4:00 PM
$8.23
0.03+0.37%
After-Market 07:59 PM
50
BESG ScoreESG Rating

TIGR FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

TIGR Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue101.054M87.437M78.948M69.981M70.146M
cost of revenue32.289M31.452M4.375M4.435M28.349M
gross profit68.765M55.985M74.573M65.546M41.797M
gross profit ratio0.680.640.9450.9370.596
research and development expenses00000
general and administrative expenses16.663M29.06M14.229M18.016M15.262M
selling and marketing expenses8.223M6.408M4.391M5.791M5.164M
selling general and administrative expenses24.887M35.467M18.62M23.807M20.426M
other expenses43.879M2.11M-46.407M-48.075M6.725M
operating expenses68.765M37.577M46.407M48.075M20.426M
cost and expenses101.054M69.029M50.782M52.511M48.775M
interest income00000
interest expense15.70M13.582M14.79M15.996M12.131M
depreciation and amortization2.163M2.11M2.144M2.191M2.235M
ebitda38.689M20.517M30.311M19.661M28.096M
ebitda ratio0.3830.2350.3840.2810.401
operating income41.716M16.446M28.166M17.47M28.096M
operating income ratio0.4130.1880.3570.250.401
total other income expenses net-20.89M-10.215M-11.175M-17.66M6.725M
income before tax20.826M6.231M16.992M-189.554K15.966M
income before tax ratio0.2060.0710.215-0.0030.228
income tax expense2.907M3.486M4.528M1.499M2.593M
net income17.754M2.593M12.33M-1.838M13.25M
net income ratio0.1760.030.156-0.0260.189
eps0.110.0150.079-0.0120.085
eps diluted0.110.0160.075-0.0120.081
weighted average shs out157.502M172.893M156.165M155.735M155.348M
weighted average shs out dil164.483M158.583M163.468M155.735M162.617M
Graph

TIGR Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents429.952M392.528M358.873M1.94B270.263M
short term investments97.029M176.603M263.301M429.056M422.117M
cash and short term investments526.981M392.528M622.175M2.369B692.381M
net receivables3.25B01.743B1.303B1.33B
inventory00001.394B
other current assets2.529B01.575B-3.672B13.768M
total current assets6.306B392.528M3.94B03.43B
property plant equipment net28.358M29.527M30.064M25.497M25.991M
goodwill2.493M2.493M2.493M2.493M2.493M
intangible assets00000
goodwill and intangible assets2.493M2.493M2.493M2.493M2.493M
long term investments17.512M07.543M4.225M7.966M
tax assets11.078M9.103M9.472M10.991M11.482M
other non current assets8.873M4.36B9.368M-43.207M5.432M
total non current assets68.313M4.401B58.939M48.489M53.364M
other assets0003.746B0
total assets6.375B4.793B3.999B3.746B3.484B
account payables5.575B4.047B3.254B00
short term debt4.289M8.89M10.204M4.134M4.209M
tax payables00000
deferred revenue0071.392M819.809K1.771M
other current liabilities82.177M-4.056B-3.264B-819.809K2.827B
total current liabilities5.662B4.121B3.325B4.134M2.833B
long term debt166.163M166.322M165.94M156.888M161.024M
deferred revenue non current00-3.312B819.809K1.771M
deferred tax liabilities non current2.142M2.315M2.743M3.398M2.732M
other non current liabilities003.325B3.081B-1.771M
total non current liabilities168.305M168.637M168.683M3.242B163.756M
other liabilities0-4.445M04.777M0
capital lease obligations11.61M8.14M8.407M4.777M8.994M
total liabilities5.83B4.286B3.494B3.251B2.996B
preferred stock0008.488M0
common stock23.731K23.70K23.533K23.504K23.415K
retained earnings13.543M-4.372M-7.119M-19.60M-15.574M
accumulated other comprehensive income loss13.70M-2.429M482.546K-3.233M-3.88M
other total stockholders equity510.191M507.996M505.508M503.299M500.491M
total stockholders equity537.458M501.219M498.896M488.976M481.061M
total equity544.443M507.801M505.368M495.422M487.187M
total liabilities and stockholders equity6.375B4.793B3.999B3.746B3.484B
minority interest6.985M6.582M6.472M6.446M6.126M
total investments114.541M176.603M263.301M433.282M430.084M
total debt170.452M170.767M171.042M165.799M165.233M
net debt-259.50M-221.762M-187.831M-1.774B-105.03M
Graph

TIGR Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-06-302024-03-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q3Q2Q1
deferred income tax00000
stock based compensation00000
change in working capital00000
accounts receivables00000
inventory00000
accounts payables00000
other working capital00000
other non cash items-2.593M-12.33M-11.015M-10.657M-5.531M
net cash provided by operating activities004.47M5.057M4.866M
investments in property plant and equipment00000
acquisitions net00000
purchases of investments00000
sales maturities of investments00000
other investing activites00000
net cash used for investing activites00000
debt repayment00000
common stock issued00000
common stock repurchased00000
dividends paid00000
other financing activites00000
net cash used provided by financing activities00000
effect of forex changes on cash00000
net change in cash00-53.839M96.267M-49.825M
cash at end of period00270.263M324.102M227.835M
cash at beginning of period00324.102M227.835M277.661M
operating cashflow004.47M5.057M4.866M
capital expenditure00000
free cash flow004.47M5.057M4.866M
Graph

Frequently Asked Questions

How did UP Fintech Holding Limited do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, TIGR generated $101.05M in revenue last quarter, while its costs came in at $32.29M.

Last quarter, how much Gross Profit did UP Fintech Holding Limited report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. UP Fintech Holding Limited reported a $68.77M Gross Profit for the quarter ended Jun 30, 2024.

Have TIGR's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. TIGR incurred $68.77M worth of Operating Expenses, while it generated $41.72M worth of Operating Income.

How much Net Income has TIGR posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from UP Fintech Holding Limited, the company generated $17.75M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did UP Fintech Holding Limited have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to UP Fintech Holding Limited as of the end of the last quarter was $429.95M.

What are TIGR's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, TIGR had Total Net Receivables of $3.25B.

In terms of Total Assets and Current Assets, where did UP Fintech Holding Limited stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of TIGR were $6.31B, while the Total Assets stand at $6.37B.

As of the last quarter, how much Total Debt did UP Fintech Holding Limited have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of TIGR's debt was $170.45M at the end of the last quarter.

What were TIGR's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, TIGR reported total liabilities of $5.83B.

How much did TIGR's Working Capital change over the last quarter?

Working Capital Change for TIGR was $0.00 over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

TIGR generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. TIGR generated $0.00 of Cash from Operating Activities during its recently reported quarter.

What was TIGR's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. TIGR reported a $0.00 Net Change in Cash in the most recent quarter.

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