Saturday 17 October 2026
Export TIGR’s income statement to Excel — free account
UP Fintech Holding Limited
TIGR Financial Capital Markets
UP Fintech Holding Limited’s revenue for fiscal 2025 (year ended December 2025) was $612.1 million, up 56.3% from fiscal 2024. In the quarter to June 2026, revenue grew 31.4%, EPS fell 4.35%, free cash flow grew 74,003.9% and total debt fell 67.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
4.05
0.26
−6.03%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
7 | 6 | 6 | 4 | 5 | 5 | 3 | — | — | — |
P/E ratio |
9.96 | 17.46 | 18.77 | 0.00 | 49.10 | 66.17 | 0.00 | 0.00 | 0.00 | 0.00 |
P/S ratio |
2.76 | 2.64 | 2.35 | 2.17 | 2.73 | 8.09 | 7.07 | 44.03 | 44.03 | 44.03 |
P/FCF ratio |
0.75 | 1.09 | 1.09 | 0.34 | 0.62 | 1.49 | 1.89 | 0.00 | 0.00 | 0.00 |
P/Operating CF |
1.28 | 1.25 | (30.24) | (23.13) | (34.09) | (52.95) | (19.58) | (69.80) | (69.80) | (69.80) |
P/B ratio |
1.95 | 1.58 | 1.31 | 1.10 | 1.62 | 4.76 | 1.96 | 0.00 | 0.00 | 0.00 |
Price to Tangible BV |
1.96 | 1.59 | 1.32 | 1.10 | 1.63 | 4.81 | 1.98 | 0.00 | 0.00 | 0.00 |
EV/Sales |
(3.96) | (4.43) | (5.75) | (6.51) | (3.14) | 1.31 | 0.47 | 42.61 | 42.61 | 42.61 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.81 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(1.06) | (1.80) | (2.61) | (1.01) | (0.71) | 0.24 | 0.12 | (67.55) | (67.55) | (67.55) |
EV/FCF |
(1.07) | (1.82) | (2.67) | (1.02) | (0.72) | 0.24 | 0.13 | (62.58) | (62.58) | (62.58) |
Quick Ratio |
1.11 | 1.13 | 1.19 | 1.17 | 1.19 | 1.09 | 1.18 | 3.45 | 2.52 | — |
Current Ratio |
1.12 | 1.14 | 1.20 | 1.18 | 1.20 | 1.10 | 1.31 | 6.06 | 3.50 | — |
Net Debt/EBITDA |
(14.46) | (19.55) | (26.75) | (84.53) | (41.61) | (29.32) | 72.77 | 1.02 | 2.08 | — |
Debt/Assets |
1.97% | 2.50% | 4.19% | 4.25% | 4.60% | 0.36% | 0.62% | 0.00% | 0.00% | — |
Debt/Equity |
0.19 | 0.24 | 0.32 | 0.36 | 0.34 | 0.03 | 0.02 | 0.00 | 0.00 | — |
Asset Turnover |
0.08 | 0.08 | 0.07 | 0.06 | 0.10 | 0.09 | 0.13 | 0.44 | 0.22 | 0.00 |
Operating CF/Net income |
7.70 | 13.63 | (0.20) | (118.03) | 28.13 | 33.32 | (36.92) | 0.49 | 1.13 | 1.07 |
Capex/Depreciation |
(1.89) | (0.59) | (0.97) | (1.78) | (3.71) | (1.05) | (1.75) | (3.56) | (1.71) | — |
Interest Coverage |
3.84 | 2.29 | 1.70 | 1.09 | 1.96 | 3.08 | (1.48) | (241.71) | (28.30) | 0.00 |
| 22.48% | 10.62% | 6.96% | (0.49%) | 4.31% | 7.18% | (7.08%) | 209.88% | 38.51% | 0.00% | |
| 2.34% | 1.20% | 0.86% | (0.06%) | 0.53% | 1.07% | (1.43%) | (57.15%) | (9.95%) | 0.00% | |
ROIC |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
Return on Tangible Assets |
19.72% | 7.77% | 5.25% | (0.38%) | 2.60% | 7.63% | (3.44%) | (48.96%) | (35.48%) | 0.00% |
Average Days of Receivables |
2,277.06 | 3,131.04 | 1,745.56 | 2,594.00 | 2,131.36 | 3,081.05 | 1,869.31 | 120.14 | 47.44 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
48.90% | 58.50% | 63.94% | 80.02% | 72.31% | 64.97% | 99.97% | 231.15% | 146.08% | 0.00% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | — |
Share Based Compensation of Revenue |
2.55% | 2.49% | 3.72% | 6.31% | 5.06% | 4.37% | 6.93% | 101.92% | 2.06% | 0.00% |
Graham Net Nets |
0.47 | 0.57 | 0.68 | 0.79 | 0.55 | 0.17 | 0.42 | (0.03) | (0.03) | (0.03) |
Graham Number |
10.28 | 5.83 | 3.95 | 0.00 | 2.61 | 2.12 | 0.00 | 4.66 | 0.00 | 0.00 |
Earnings Yield |
10.04% | 5.73% | 5.33% | (0.49%) | 2.04% | 1.51% | (2.38%) | (0.13%) | (0.13%) | (0.13%) |
Free Cash Flow Yield |
134.17% | 92.17% | 91.60% | 293.63% | 160.93% | 67.21% | 52.86% | (1.55%) | (1.55%) | (1.55%) |
Revenue per Share |
3.46 | 2.44 | 1.76 | 1.47 | 1.80 | 0.98 | 0.50 | 0.99 | 0.57 | 0.04 |
Operating CF per Share |
7.45 | 5.16 | (0.04) | 1.69 | 2.81 | 3.79 | 2.08 | (0.63) | (0.29) | (0.09) |
Capex per Share |
(0.03) | (0.01) | (0.02) | (0.03) | (0.03) | (0.01) | (0.01) | (0.05) | (0.02) | 0.00 |
Free Cash Flow per Share |
7.42 | 5.16 | (0.06) | 1.65 | 2.78 | 3.78 | 2.07 | (0.68) | (0.31) | (0.09) |
Cash per Share |
24.20 | 18.30 | 15.27 | 13.84 | 11.60 | 6.72 | 3.36 | 1.41 | 0.61 | 0.00 |
Shareholders Equity per Share |
4.89 | 4.09 | 3.15 | 2.92 | 3.04 | 1.67 | 1.81 | (0.77) | (0.52) | 0.00 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.89 | 4.09 | 3.15 | 2.92 | 3.04 | 1.67 | 1.81 | (0.77) | (0.52) | 0.00 |
Free Cash Flow |
1,311.20 | 826.43 | (9.33) | 253.17 | 408.24 | 534.30 | 241.99 | (22.86) | (9.10) | (11.50) |
Working Capital |
852.47 | 766.23 | 604.41 | 558.02 | 551.33 | 200.85 | 182.15 | 85.92 | 20.09 | — |
Capital Expenditures |
(5.48) | (1.55) | (2.76) | (4.89) | (4.96) | (0.98) | (1.32) | (1.68) | (0.58) | (0.44) |
Net Current Asset Value |
790.63 | 591.58 | 432.64 | 388.21 | 396.48 | 195.59 | 172.63 | (38.19) | (23.16) | — |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.81 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.01 | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.05 | 0.03 | 0.00 |
Price to Operating Income |
6.00 | 7.44 | 8.02 | 24.00 | 20.07 | 36.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.20 | 0.17 | 0.17 | 0.17 | 0.10 | 0.10 | 0.08 | 0.20 | 0.32 | — |
Cash ROIC |
24.71% | 22.05% | (0.31%) | 9.29% | 17.72% | 44.83% | 39.73% | (105.52%) | (328.90%) | 0.00% |
Accounts Receivable Turnover |
0.17 | 0.17 | 0.19 | 0.14 | 0.19 | 0.19 | 0.38 | 5.07 | 2.56 | 0.00 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.07 | 0.06 | 0.00 |
Inventory Turnover |
13.09 | 14.86 | 9.86 | 7.82 | 2.86 | 0.30 | 0.05 | 0.01 | 0.00 | — |
Average Days of Payables |
125,645.48 | 136,773.98 | 122,076.25 | 73,325.25 | 31,437.12 | 55,417.04 | 82,239.71 | 9,319.07 | 11,986.41 | 0.00 |
Days of Inventory on Hand |
36.64 | 26.79 | 36.03 | 22.11 | 35.68 | 539.72 | 9,504.78 | 42,590.29 | 0.00 | — |
Average Receivables |
3,588.55 | 2,330.97 | 1,452.43 | 1,573.04 | 1,356.76 | 734.76 | 155.74 | 6.62 | 6.62 | — |
Average Payables |
6,280.05 | 4,264.26 | 3,086.86 | 2,908.93 | 2,301.12 | 1,243.74 | 287.09 | 3.91 | 0.62 | 0.62 |
Average Inventory |
1.57 | 0.99 | 0.92 | 2.00 | 10.87 | 42.15 | 47.80 | 47.80 | — | — |
Average Assets |
7,308.92 | 5,068.68 | 3,771.70 | 3,559.39 | 2,756.87 | 1,500.69 | 462.14 | 75.61 | 75.50 | — |
Average Common Equity |
760.09 | 571.83 | 467.85 | 446.81 | 341.16 | 223.81 | 93.03 | (20.59) | (19.50) | — |
Columns are period end dates