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UP Fintech Holding (UP Fintech Holding) Pretax Margin % : -0.27% (As of Dec. 2023)


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What is UP Fintech Holding Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. UP Fintech Holding's Pre-Tax Income for the three months ended in Dec. 2023 was $-0.2 Mil. UP Fintech Holding's Revenue for the three months ended in Dec. 2023 was $70.0 Mil. Therefore, UP Fintech Holding's pretax margin for the quarter that ended in Dec. 2023 was -0.27%.

The historical rank and industry rank for UP Fintech Holding's Pretax Margin % or its related term are showing as below:

TIGR' s Pretax Margin % Range Over the Past 10 Years
Min: -244.21   Med: -7.48   Max: 16.88
Current: 16.88


TIGR's Pretax Margin % is ranked worse than
53.3% of 773 companies
in the Capital Markets industry
Industry Median: 19.53 vs TIGR: 16.88

UP Fintech Holding Pretax Margin % Historical Data

The historical data trend for UP Fintech Holding's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UP Fintech Holding Pretax Margin % Chart

UP Fintech Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -15.86 15.91 7.20 0.90 16.88

UP Fintech Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.68 18.60 27.07 22.76 -0.27

Competitive Comparison of UP Fintech Holding's Pretax Margin %

For the Capital Markets subindustry, UP Fintech Holding's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UP Fintech Holding's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, UP Fintech Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where UP Fintech Holding's Pretax Margin % falls into.



UP Fintech Holding Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

UP Fintech Holding's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=45.994/272.508
=16.88 %

UP Fintech Holding's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.19/69.981
=-0.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


UP Fintech Holding  (NAS:TIGR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


UP Fintech Holding Pretax Margin % Related Terms

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UP Fintech Holding (UP Fintech Holding) Business Description

Traded in Other Exchanges
Address
No. 16 Taiyanggong Middle Road, 18th Floor, Grandyvic Building, No. 1 Building, Chaoyang District, Beijing, CHN, 100020
UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Clients may use Tiger's flagship mobile trading APP, Tiger Trade, to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.

UP Fintech Holding (UP Fintech Holding) Headlines

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