To The Moon

🌟🌟🌟UP Fintech Holdings $Tiger Brokers(TIGR)$ , better known as Tiger Brokers has just reported a stellar Q3 24 Earnings report. Prior to its earnings report on Tuesday trading, Tiger's share price has dropped 10% but post earnings, it is slightly up by 0.85% currently. Tiger is down by 7.4% for the past 5 days but has risen by 42% year todate. Is Tiger Brokers A Good Buy now? Let's check out its latest earnings. According to Chairman and CEO Wu Tianhua, both financial and operating performance have achieved significant growth in the 3rd quarter. Total revenues increased 44.1% year over year to USD 101.1 million. This is a historical high and represents a year over year growth of 44.1%. Net Income reached USD 17.8 million. This is a huge quarter over quarter growth of 584.6% and a year over year growth of 34%. Non GAAP net income was USD 20.1 million, a quarter over quarter increase of 286.5% and a year over year increase of 25.6%. In Q3 24, Tiger added 50,500 customers with deposits. This is more than double from a year ago. Total number of customers with deposits at the end of Q3 24 reached 1,032,800. Tiger took advantage of the active market conditions in October and has already achieved its annual guidance of acquiring 150,000 new customers with deposits. With strong net asset inflow from retail clients, total account balance increased by 6.7% quarter over quarter and 115.9% year over year to USD 40.8 billion. This is a historical high. Tiger Brokers continues to add new products to its platform in order to enhance user experience. It believes that this is the key to its long term success. In September Tiger introduced Tiger BOSS Debit Card, together with T+0 Automatic subscription and redemption feature for its wealth management product Tiger Vault. In Hong Kong, Tiger launched its Hong Kong Stock option trading and short selling. In November Tiger have upgraded the Hong Kong Stock option feature by offering weekly option in addition to monthly option. Tiger's corporate businesses continues to do well in Q3 24. Tiger underwrote a total of 13 US and Hong Kong IPOs. Tiger served as the exclusive lead bank for the US IPOs of NIP Group and XCHG Ltd. In its Employee Stock Ownership Plan (ESOP), Tiger added 18 new clients, adding the total number of ESOP clients to 597 as of 30 September 2024. Performance wise, Tiger Brokers' share price has been rather volatile. Its 52 week high share price was USD 14.46 with 52 week low price of USD 3.10. Wall Street Analysts are bullish on Tiger Brokers with an Average Target price of USD 11.77. That is a huge upside potential of 100% according to Market Watch from its last closing price of USD 5.88. I have invested in Tiger Brokers 3 months ago and have experienced the roller coaster ride. However as an avid user for the last 4 years , I have seen first hand the tremendous progress Tiger has made in that time, continuously improving the user experience with new upgrades and new products. At the last closing price of USD 5.88, I believe that Tiger Brokers is undervalued and oversold. In fact, I will take this golden opportunity to buy more Tiger shares as it has lots of exponential growth ahead. Tiger Brokers has celebrated its 10th Anniversary this year and have reached a historic milestone of over 10 million users globally in that time frame. Tiger Brokers has also won numerous awards. It was recognised on November 8 this year as the Number 1 company in the Wealth Tech category on Fortune's inaugural Asia Fintech Innovators of 2024 list. This list highlights 60 of Asia's most dynamic financial services companies and was specially curated by Fortune's editors. What an amazing journey for Tiger Brokers! I0 years of excellence with more growth opportunities ahead! @Daily_Discussion @TigerStars @Tiger_comments @MillionaireTiger @CaptainTiger