UP Fintech Holding Future Growth

Future criteria checks 4/6

UP Fintech Holding is forecast to grow earnings and revenue by 22.8% and 10.4% per annum respectively. EPS is expected to grow by 21.8% per annum. Return on equity is forecast to be 9.3% in 3 years.

Key information

22.8%

Earnings growth rate

21.8%

EPS growth rate

Capital Markets earnings growth	18.5%
Revenue growth rate	10.4%
Future return on equity	9.3%
Analyst coverage	Low
Last updated	02 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0A32 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	342	48	N/A	N/A	3
12/31/2025	328	44	N/A	N/A	4
12/31/2024	337	35	N/A	N/A	2
6/30/2024	250	26	N/A	N/A	N/A
3/31/2024	232	37	N/A	N/A	N/A
12/31/2023	226	33	-9	-7	N/A
9/30/2023	228	36	N/A	N/A	N/A
6/30/2023	221	26	N/A	N/A	N/A
3/31/2023	216	12	N/A	N/A	N/A
12/31/2022	207	-2	253	258	N/A
9/30/2022	208	-9	N/A	N/A	N/A
6/30/2022	214	8	N/A	N/A	N/A
3/31/2022	219	-12	N/A	N/A	N/A
12/31/2021	246	15	408	413	N/A
9/30/2021	231	29	N/A	N/A	N/A
6/30/2021	209	13	N/A	N/A	N/A
3/31/2021	182	37	N/A	N/A	N/A
12/31/2020	128	16	534	535	N/A
9/30/2020	104	7	N/A	N/A	N/A
6/30/2020	83	2	N/A	N/A	N/A
3/31/2020	67	-4	N/A	N/A	N/A
12/31/2019	55	-7	242	243	N/A
9/30/2019	46	-8	N/A	N/A	N/A
6/30/2019	40	-10	N/A	N/A	N/A
3/31/2019	35	-44	N/A	N/A	N/A
12/31/2018	34	-43	-23	-21	N/A
9/30/2018	30	-43	-6	-5	N/A
12/31/2017	17	-8	N/A	-9	N/A
12/31/2016	5	-11	N/A	-12	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0A32's forecast earnings growth (22.8% per year) is above the savings rate (1.9%).

Earnings vs Market: 0A32's earnings (22.8% per year) are forecast to grow faster than the UK market (14.4% per year).

High Growth Earnings: 0A32's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 0A32's revenue (10.4% per year) is forecast to grow faster than the UK market (3.7% per year).

High Growth Revenue: 0A32's revenue (10.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0A32's Return on Equity is forecast to be low in 3 years time (9.3%).

UP Fintech Holding Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

Investor sentiment improves as stock rises 17%

Now 21% undervalued after recent price drop

Now 25% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: US$0.017 (vs US$0.085 in 2Q 2023)

UP Fintech Holding Limited to Report Q2, 2024 Results on Aug 30, 2024

Now 24% undervalued

Investor sentiment improves as stock rises 18%

First quarter 2024 earnings released: EPS: US$0.079 (vs US$0.052 in 1Q 2023)

UP Fintech Holding Limited to Report Q1, 2024 Results on Jun 05, 2024

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 21%

Now 20% undervalued after recent price drop

Full year 2023 earnings released: EPS: US$0.21 (vs US$0.014 loss in FY 2022)

Now 22% undervalued after recent price drop

Full year 2023 earnings released: EPS: US$0.21 (vs US$0.014 loss in FY 2022)

Now 24% undervalued after recent price drop

Investor sentiment improves as stock rises 18%

UP Fintech Holding Limited to Report Q4, 2023 Results on Mar 20, 2024

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Up Fintech Holding Limited Appoints Liao Ming to Serve as Independent Director on the Board and Member of the Audit Committee

UP Fintech Holding Limited Announces the Departure of Wei Wu as Chief Compliance Officer

UP Fintech Holding Limited Announces the Departure of Wei Wu as Chief Compliance Officer

Third quarter 2023 earnings released: EPS: US$0.085 (vs US$0.022 in 3Q 2022)

UP Fintech Holding Limited to Report Q3, 2023 Results on Nov 27, 2023

Second quarter 2023 earnings released: EPS: US$0.085 (vs US$0.006 loss in 2Q 2022)

UP Fintech Holding Limited to Report Q2, 2023 Results on Aug 29, 2023

The Gross Law Firm Notifies Shareholders of UP Fintech Holding Limited of A Class Action Lawsuit

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 17%

Rosen Law Firm Files Securities Class Action Lawsuit Against UP Fintech Holding Limited

First quarter 2023 earnings released: EPS: US$0.052 (vs US$0.039 loss in 1Q 2022)

UP Fintech Holding Limited to Report Q1, 2023 Results on May 30, 2023

Full year 2022 earnings released: US$0.014 loss per share (vs US$0.10 profit in FY 2021)

UP Fintech Holding Limited Appoints Yang Chia Hung as an Independent Director on the Board and Chairman of the Audit Committee of the Board

Third quarter 2022 earnings released: EPS: US$0.022 (vs US$0.14 in 3Q 2021)

UP Fintech Holding Limited Announces the Resignation of Xin Fan as Director

Less than half of directors are independent

UP Fintech Holding Limited to Report Q3, 2022 Results on Nov 23, 2022

UP Fintech Holding Limited Elects Mr. John Fei Zeng to the Board

Second quarter 2022 earnings released

UP Fintech Holding Limited to Report Q2, 2022 Results on Sep 07, 2022

First quarter 2022 earnings released: US$0.039 loss per share (vs US$0.15 profit in 1Q 2021)

UP Fintech Holding Limited Announces Resignation of Lei Huang as a Director

Investor sentiment improved over the past week

UP Fintech Holding Limited to Report Q1, 2022 Results on Jun 10, 2022

Now 25% undervalued after recent price drop

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: US$0.10 (vs US$0.11 in FY 2020)

Less than half of directors are independent

Now 22% undervalued after recent price drop

UP Fintech Holding Limited Limited Announces Director Resignations

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

UP Fintech Holding Limited to Report Q4, 2021 Results on Mar 18, 2022

Now 27% undervalued after recent price drop

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: US$0.15 loss per share (vs US$0.008 profit in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

UP Fintech Holding Limited has completed a Follow-on Equity Offering in the amount of $159.25 million.

First quarter 2021 earnings released

UP Fintech Holding Limited announced that it expects to receive $90 million in funding

Full year 2020 earnings released: EPS US$0.11 (vs US$0.056 loss in FY 2019)

UP Fintech Holding Limited to Report Q4, 2020 Results on Mar 26, 2021

New 90-day high: US$28.33

UP Fintech Holding Limited announced that it expects to receive $65 million in funding from Xiaomi Corporation and other investors