In a market where volatility is the norm, one stock has been making headlines for its incredible growth. TIGR (UP Fintech Holding Limited) has been on fire lately, and investors are taking notice.

As of March 18th, TIGR’s price had surged by an impressive 12.67% in a single day, with the stock closing at $8.98 per share. This significant gain is just one part of the story, as UP Fintech has been consistently delivering strong financial results over the past year.

Record-High Revenue and Profit

In its latest earnings report for Q4 2024, TIGR announced a record-high revenue of $124.1 million, up 77.3% from last year’s quarter. This growth is even more impressive when considering that full-year revenue reached an astonishing $391.5 million, a 43.7% increase over the previous year.

The company’s non-GAAP net income attributable to TIGR shareholders was also noteworthy, reaching a record high of $30.5 million for the quarter and growing by 65% YoY to $70.5 million for the full year.

Global Expansion and Client Growth

TIGR has been aggressively expanding its global presence, with significant growth in client assets and trading volume across various markets. The company’s Singapore office continues to be a major hub, delivering outstanding performance throughout the year. In Q4 2024, total trading volume surged by 415% YoY, while commission income reached $56 million, up 35.8% from last quarter.

The Hong Kong market also showed strong growth momentum, with account openings rising by 48% YoY in 2024. Client assets increased by approximately 50% QoQ and surged sixfold YoY during the same period.

Institutional Recognition

TIGR has been recognized for its excellence in various areas, including institutional business. The company ranked fifth in the Hong Kong IPO underwriting rankings and was named “Best Brokerage for Day Trading” at the Benzinga Global Fintech Awards for the second consecutive year.

Insider Ownership

Interestingly, insiders own a relatively small portion of TIGR’s shares, with only 0.08% ownership attributed to them as per Finviz data. This suggests that institutional investors and retail traders are driving the stock’s growth.

Conclusion

TIGR is an exciting story in today’s market, with its explosive revenue growth, impressive client expansion, and strong recognition from institutions. While past performance does not guarantee future results, this stock has certainly caught our attention. As always, it’s essential to do your own research before making any investment decisions.

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