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老虎证券(TIGR.US)Q2营收同比增32% 但净利润大幅缩减

Tiger Securities (TIGR.US) Q2 revenue increased by 32% year-on-year, but net income significantly reduced.

Zhitong Finance ·  Aug 30 18:43

Before the pre-market trading on August 30, Eastern Time, Tiger Securities announced unaudited financial data for the second quarter ended June 30, 2024.

According to the Zhitong Finance APP, before the pre-market trading on August 30, Eastern Time, Tiger Securities (TIGR.US) announced unaudited financial data for the second quarter ended June 30, 2024. The financial report shows that Tiger International's revenue in the second quarter was $87.44 million, an increase of 10.8% compared to the previous quarter and a 32.4% increase year-on-year, reaching a new historic high. The net income attributable to the parent company under the Non-GAAP basis for the quarter was approximately $5.2 million, compared to $15.3 million in the same period of the previous year. Under the GAAP basis, the net income attributable to the parent company in Q2 was $2.6 million, compared to approximately $13.2 million in the same period of the previous year.

In the second quarter, Tiger International added 0.06 million new global account-opening clients, a 17% increase compared to the previous quarter, bringing the total number of global account openings to 2.31 million. During the period, the number of new deposit clients was 0.049 million, driving a 17% year-on-year increase in global deposit clients to 0.982 million. In addition, market trading activity remained active in the second quarter, with the company's total trading volume increasing by 62.5% year-on-year to $105.9 billion. Net deposits remained strong, reaching $7 billion in the first half of the year, driving a 16.2% quarter-on-quarter increase and a 121.1% year-on-year increase in total client assets to $38.2 billion, reaching a new historic high.

Wu Tianhua, founder and CEO of Tiger International, said: "In the second quarter, as the market environment became more active, the company's business grew significantly, and revenue reached a historic high. As of early August, the number of global deposit clients has exceeded one million, and total client assets have reached new highs for the past three quarters, fully demonstrating Tiger's long-term growth potential."

The translation is provided by third-party software.


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