Loading...
•
Jun 30, 2025
UP Fintech Q2 2025 Earnings Report
UP Fintech delivered record-breaking results in Q2 2025, driven by strong trading volume, net asset inflows, and growing customer base.
Key Takeaways
UP Fintech reported $121.4M in net revenue and $41.4M in net income for Q2 2025, supported by increased user activity, asset inflows, and expansion across markets.
Net revenue reached $121.4 million, up 64.4% year-over-year.
Net income attributable to shareholders surged to $41.4 million.
The company added 39,800 new customers with deposits, reaching 1.19 million total.
Total account balance hit a record $52.1 billion, supported by $3B in net inflows.
Revenue by Segment
Forward Guidance
The company expects continued growth through expansion in Singapore and Hong Kong, further user acquisitions, and rollout of new features.
Positive Outlook
- User growth on track to exceed full-year target of 150,000 new deposit clients.
- Strong average net asset inflow per new client, exceeding $20,000.
- New trading features for CPF and SRS accounts launched in Singapore.
- Corporate business gained momentum with multiple IPO mandates.
- Marketing efficiency improved by pruning low-ROI acquisition channels.
Challenges Ahead
- Financing service fees slightly declined year-over-year due to lower interest rates.
- Increased marketing and compensation expenses impacted operating costs.
- Operating margin could face pressure from rising tech and data costs.
- Competition in Asia-Pacific fintech space remains intense.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...