TIGR Historical Income Statement
TIGR Stock | USD 5.79 0.02 0.35% |
Historical analysis of Up Fintech income statement accounts such as Research Development of 0.16, Cost Of Revenue of 115.3 M, Operating Income of 76.4 M or Income Tax Expense of 13.6 M can show how well Up Fintech Holding performed in making a profits. Evaluating Up Fintech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Up Fintech's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Up Fintech Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Up Fintech Holding is a good buy for the upcoming year.
TIGR |
About TIGR Income Statement Analysis
Up Fintech Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Up Fintech shareholders. The income statement also shows TIGR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Up Fintech Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Up Fintech Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Up Fintech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Up Fintech Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Up Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Up Fintech's Net Income is relatively stable compared to the past year. As of 12/01/2024, Tax Provision is likely to grow to about 13.6 M, though Net Interest Income is likely to grow to (44.6 M).
Up Fintech income statement Correlations
Click cells to compare fundamentals
Up Fintech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Up Fintech income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 4.1M | 10.1M | 18.4M | 18.7M | 47.0M | 49.3M | |
Selling General Administrative | 19.3M | 28.8M | 51.0M | 54.5M | 52.6M | 55.3M | |
Total Revenue | 58.7M | 138.5M | 264.5M | 225.4M | 272.5M | 286.1M | |
Gross Profit | 16.3M | 65.7M | 127.8M | 89.3M | 162.7M | 170.8M | |
Cost Of Revenue | 42.4M | 72.8M | 136.7M | 136.0M | 109.8M | 115.3M | |
Operating Income | (13.7M) | 20.1M | 12.0M | 1.7M | 72.8M | 76.4M | |
Income Tax Expense | (3.4M) | 2.9M | 4.4M | 4.3M | 13.0M | 13.6M | |
Net Income | (5.9M) | 16.1M | 14.7M | (2.3M) | 32.6M | 34.2M | |
Tax Provision | (3.4M) | 2.9M | 4.4M | 4.3M | 13.0M | 13.6M | |
Net Interest Income | (4.1M) | (10.1M) | (18.4M) | (18.7M) | (47.0M) | (44.6M) | |
Depreciation And Amortization | 3.6M | 117.4M | 246.8M | 223.6M | 2.8M | 2.7M | |
Selling And Marketing Expenses | 7.1M | 15.9M | 59.3M | 33.1M | 20.9M | 21.5M | |
Other Operating Expenses | 68.8M | 117.5M | 246.9M | 223.6M | 192.7M | 134.1M | |
Net Income From Continuing Ops | (5.9M) | 19.2M | 14.7M | (2.3M) | 33.0M | 34.7M | |
Ebit | (13.7M) | (96.4M) | (227.8M) | (219.2M) | 79.8M | 83.8M | |
Ebitda | (10.2M) | 21.0M | 19.0M | 4.5M | 82.6M | 86.8M | |
Total Operating Expenses | 26.4M | 44.7M | 110.2M | 87.6M | 162.7M | 170.8M | |
Income Before Tax | (9.3M) | 22.0M | 19.1M | 2.0M | 46.0M | 48.3M | |
Total Other Income Expense Net | 4.4M | (22.0M) | (51.8M) | (42.4M) | (26.8M) | (28.1M) | |
Net Income Applicable To Common Shares | (43.2M) | (6.6M) | 16.1M | 14.7M | 16.9M | 17.7M | |
Minority Interest | 3.1M | (3.1M) | 76.0K | 70.4K | (443.9K) | (421.7K) | |
Reconciled Depreciation | 752.2K | 928.4K | 1.3M | 2.7M | 2.8M | 1.5M |
Pair Trading with Up Fintech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Up Fintech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Up Fintech will appreciate offsetting losses from the drop in the long position's value.Moving against TIGR Stock
0.62 | PT | Pintec Technology | PairCorr |
0.6 | RC | Ready Capital Corp | PairCorr |
0.55 | TETEW | Technology Telecommunicatio | PairCorr |
0.54 | BRACU | Broad Capital Acquisition | PairCorr |
The ability to find closely correlated positions to Up Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Up Fintech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Up Fintech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Up Fintech Holding to buy it.
The correlation of Up Fintech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Up Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Up Fintech Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Up Fintech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for TIGR Stock Analysis
When running Up Fintech's price analysis, check to measure Up Fintech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Up Fintech is operating at the current time. Most of Up Fintech's value examination focuses on studying past and present price action to predict the probability of Up Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Up Fintech's price. Additionally, you may evaluate how the addition of Up Fintech to your portfolios can decrease your overall portfolio volatility.