Tiger Brokers Q1: Revenue achieved US$122.6 million, profit reached a record high

New York, May 30, 2025 — UP Fintech Holding Limited ( $Tiger Brokers(TIGR)$ ), announced its unaudited financial results for the first quarter ended March 31, 2025. Tiger Brokers achieved a total revenue of US$122.6 million in the first quarter, representing a 55.3% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders surged to US$36 million, up 18.3% quarter-over-quarter (QoQ) and 145% YoY, hitting a historical record.

The company added 77,000 new accounts in Q1, up 49.8% YoY, bringing its total global accounts to 2.53 million. Funded accounts increased by 60,900, driving total funded clients up 23.5% YoY to 1.15 million. Trading volume in Q1 soared 154.6% YoY to US$217.5 billion. Net deposits remained robust at US$3.4 billion, propelled client assets to US$45.9 billion, nearly a 10% QoQ and 39.5% YoY increase, reaching a record high. 

UP Fintech's founder and CEO, Wu Tianhua, stated: "In Q1, the company achieved breakthroughs in both financial and operational aspects, with sustained growth in revenues and profits. Notably, non-GAAP net profit surged 145% YoY, reaching a record high. Tiger has gained recognition from more HNW clients across markets — total client assets in Greater China grew over 20% QoQ, with new funded clients in Hong Kong averaging over US$30,000 in net asset inflows. As of now, Q1 new funded clients have already achieved 40% of the annual guidance, providing a solid user foundation for our full-year performance goals." 

"To further enhance the trading experience for platform users, Tiger has continuously optimized and innovated its product features. Recently, we also officially launched cryptocurrency deposit and withdrawal services in Hong Kong. Investors can now seamlessly manage mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) through our flagship trading app. Additionally, Tiger has strengthened its AI capabilities with the upgrade from TigerGPT to TigerAI, now offering watchlist, portfolio and options analysis for smarter, data-driven decisions. We've also enhanced options and US stock trading with features like options position analysis, TP/SL for combo strategies, and historical intraday data — improving user experience and lowering the barrier to global investing." 

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