🐯 Brokers is a BUY for me❣️ What about you ❓

$Tiger Brokers(TIGR)$ 

UP Fintech/🐯 Brokers Q3 Earnings:

⭐️ Revenue: US$55.41 million

⭐️ Net income: $3.34 million

⭐️ Non-GAAP net income: $6.63 million, up 91.3% quarter-over-quarter🥳🥳🥳

⭐️ Number of new customer accounts increased by 35,400, totaling 1.97 million globally, up 11.5% from the same quarter last year.

⭐️ Number of new customers with deposits rose by 22,700 to 754,100, up 23.2% from the same period last year.

⭐️ New customers from Australia and New Zealand: 19% of the total

⭐️ Total trading volume from customers stood at US$78.2 billion

➡️ $23.5 billion was on share trading

➡️ $7.7 million options and futures contracts

⭐️ Net asset inflow from customers exceeded $700 million

⭐️ Average net deposit of newly acquired clients has grown for the 2nd consecutive quarter, passing the US$11,000 threshold in the Q3, up from US$9,000 in Q2

⭐️ 98% customer retention

🏆New Features:

(1) Fractional share introduction was widely celebrated🥳

(2) All 🇸🇬-registered accounts were upgraded by merging share and fund trading operations, enabling the deposit in customers' margin accounts for 🇺🇸 stocks to be directed for fund trading to alleviate liquidity restraint.

(3) Cash management services in 🇸🇬 were elevated to become Tiger Vault, where customers' in-account deposits can be directly for shares, options, and fund trading, as well as for IPO subscriptions, a move that facilitates the asset management flow.

⭐️ The brand-new Tiger Vault has received positive feedback in Singapore, where the asset under management (AUM) in total was up 120.1% quarter-over-quarter, and the number of users increased by 61.3% quarter-over-quarter.

🥇Achievements:

(1) "Fintech - Brokerage" award at the SBR Technology Excellence Awards 2022 from the Singapore Business Review

(2) Excellent customer service was recognized in Best Customer Service 2022/23" survey by Straits Times and Statista

(3) Best for Australian investors", "People's choice", and "Best for ETFs" recognition from well-known investing media outlet WeMoney.

(4) Other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$4 million 🐯Brokers participated in 12 🇭🇰 and 🇺🇸 IPOs, served as an underwriter in 11 of these listings, and was the lead bank in 2 🇺🇸 IPOs.

🤔💭My Thoughts:

(1) 🐯 is very popular in 🇸🇬 & gaining ground slowly in Aus🇦🇺 and NZ🇳🇿, with Q4 expansion into 🇭🇰 (Dec) which is a major financial market, 🐯 is poised to increase its earnings🥳🥳🥳

(2) They have also reduced costs by no longer offering expensive 🍎 shares for sign-up offers.

(3) They actively retain customers by their engaging platform with multiple events, educational resources, & incentive programs🤗

(4) Q3 earnings are up despite high inflation & interest rates👍👍👍

(5) Analysts' projections look positive🤩😍 and most importantly, I have confidence in 🐯's growth as their active user😉

Fellow 🐯🐯🐯, I’m bullish about 🐯 Brokers given the above. What about you❓

Do share your thoughts in the comments section and please help to click on the “Like” and “Share/Repost” buttons, so that more 🐯🐯🐯 can access this information, many thanks🤗🥰

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

Source: Tiger Brokers & CNN Business

@TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion (24/11)

# Share Trades to Win Coins! (2 Dec)

Modify on 2022-11-24 10:05

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • BenjiFuji
    ·11-28
    Love it as a user. However i cannot ignore the following risks. Altman-Z=Distress. Bankrupty possibility within 2 years. WACC>>> ROIC. Negative EV/EVIB. Negative EBIT per share. Like Disney, love the show, not invested. [Glance]
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  • LMSunshine
    ·11-26
    @Soyabean89 FYI if you’re interested🤓 Noticed that you seldom join activities for coins now? Let me know if you would like me to continue tagging you as I wouldn’t want to be flooding your notifications unneccesarily💕
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    • Soyabean89Replying toLMSunshine
      That etf quizz i have completed 2 wks ago. They even have usd5 voucher for complete all 5 quizz
      11-29
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    • Soyabean89Replying toLMSunshine
      But thanks for the tips again.
      11-29
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    • LMSunshineReplying toSoyabean89
      😂 nothing to do with template. Just nice to join event and win coins together with friends. Ok will continue to tag you but if at anytime you not interested in joining events and don’t want me to tag you just let me know ya? This one 2800coins-can keep doing the test until you get 60% correct.
      11-28
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  • snoopy123
    ·11-24
    thank you for your detailed sharing. [Like]
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    • LMSunshine
      Welcome, happy to share🥰
      11-24
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  • Hope price will be upper when there is a bullish trend.
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    • LMSunshine
      By the way, do you collect tiger coins? If yes, would you like me to @you when there's activities to win coins?
      11-23
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    • LMSunshine
      Yes🥳
      11-23
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  • Really love tiger app and tiger share so much, and good outcome in Q3.
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    • LMSunshine
      I love the 🐯 app too❣️By the way,do you collect tiger coins? If yes, would you like me to @you when there's activities to win coins?
      11-23
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  • Blitzery
    ·11-23
    Thank you for sharing and have a great day [shy]
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    • LMSunshine
      Welcome, happy to share🥰 You have a great day too❣️
      11-23
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  • 1M40
    ·11-24
    Ok
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  • rL
    ·11-23
    [Salute][Salute][Salute]
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    • LMSunshineReplying torL
      You so niceee🤗
      11-23
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    • rLReplying toLMSunshine
      Nope [LOL] not holding tigr
      11-23
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    • rLReplying toLMSunshine
      Support anything regarding u [Shy][Shy][Shy]
      11-23
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  • SR050321
    ·11-23
    😍👍🥳
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    • LMSunshine
      So happy for 🐯 Hope they do well❣️
      11-24
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  • chyoli
    ·11-23
    hi
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  • ginpati
    ·11-23
    ok
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  • aureliapy
    ·11-23
    ok
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  • assassinyj
    ·11-23
    😂 😂
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  • ok
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  • 👍🏼
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    • LMSunshine
      Thanks🥰 If you enjoy reading my post, you can follow me and be updated whenever I post🤓
      11-24
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  • Ah Deck
    ·11-23
    Ok
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  • fortuna
    ·11-23
    Ok
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  • TLH28
    ·11-23
    [Smile]
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  • fcloi
    ·11-23
    like
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    • LMSunshine
      Thanks🥰 If you enjoy reading my post, you can follow me and be updated whenever I post🤓
      11-24
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  • CyberGuard
    ·11-23
    [Like]
    Reply
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    • LMSunshine
      Thanks🥰 If you enjoy reading my post, you can follow me and be updated whenever I post🤓
      11-24
      Reply
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