Hmm. Not bad
$UP Fintech (TIGR.US)$ Second Quarter 2024 Financial Results
REVENUES
Total revenues were US$87.4 million, an increase of 32.4% from US$66.1 million in the same quarter of last year.
Commissions were US$34.1 million, an increase of 54.9% from US$22 million in the same quarter of last year, due to an increase in trading volume.
Financing service fees were US$2.9 million, a slight increase of 2.2% from US$2.8 million in the same quarter of last year.
Interest income was US$44.2 million, an increase of 21.2% from US$36.4 million in the same quarter of last year, primarily due to the increase in margin financing and securities lending activities.
Other revenues were US$6.3 million, an increase of 31.6% from US$4.8 million in the same quarter of last year, primarily due to the increase of our IPO subscription income.
Interest expense was US$13.6 million, an increase of 30.3% from US$10.4 million in the same quarter of last year, primarily due to increased interest rates.
REVENUES
Total revenues were US$87.4 million, an increase of 32.4% from US$66.1 million in the same quarter of last year.
Commissions were US$34.1 million, an increase of 54.9% from US$22 million in the same quarter of last year, due to an increase in trading volume.
Financing service fees were US$2.9 million, a slight increase of 2.2% from US$2.8 million in the same quarter of last year.
Interest income was US$44.2 million, an increase of 21.2% from US$36.4 million in the same quarter of last year, primarily due to the increase in margin financing and securities lending activities.
Other revenues were US$6.3 million, an increase of 31.6% from US$4.8 million in the same quarter of last year, primarily due to the increase of our IPO subscription income.
Interest expense was US$13.6 million, an increase of 30.3% from US$10.4 million in the same quarter of last year, primarily due to increased interest rates.
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Jaguar8 : Not bad at all![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
JamesBaBa : Yes not bad and an all time high quarter revenue
金银镇財 : Great performance, but no passion for stocks.
WillsonToh : But no jump in pre market
Trytosaveabit OP WillsonToh : No volume to speak of! But remember that PM only has a fraction of available traders that can/are able to trade! That means that you are not seeing a accurate picture of market interest or the true liquidity of a ticker! That makes it hard to trade. Look at how many explode in PM only to fall all day long after market open! GL to ya
Little_Potato Trytosaveabit OP : now u see