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NET INCOME (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of basic and diluted net income (loss) per share

The following table sets forth the computation of basic and diluted net income (loss) per share for the following years:

 

For the years ended December 31,

 

 

2021

 

 

2022

 

 

2023

 

 

US$

 

 

US$

 

 

US$

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to ordinary shareholders of UP
   Fintech

 

 

14,690,701

 

 

 

(2,186,441

)

 

 

32,563,525

 

The dilutive effect arising from the convertible bonds

 

 

(2,900,645

)

 

 

—

 

 

 

912,009

 

Numerator for diluted net income (loss) per ordinary share

 

 

11,790,056

 

 

 

(2,186,441

)

 

 

33,475,534

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares used in calculating net income (loss)
  per ordinary share

 

 

 

 

 

 

 

 

 

Basic

 

 

2,205,186,257

 

 

 

2,295,154,791

 

 

 

2,325,338,439

 

 Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Dilutive effect of share options

 

 

17,457,965

 

 

 

—

 

 

 

5,440,751

 

Dilutive effect of restricted shares units

 

 

32,613,976

 

 

 

—

 

 

 

26,325,143

 

Dilutive effect of convertible bonds

 

 

80,459,006

 

 

 

—

 

 

 

70,164,498

 

 Denominator for diluted net income (loss) per ordinary share

 

 

2,335,717,204

 

 

 

2,295,154,791

 

 

 

2,427,268,831

 

Net income (loss) per ordinary share

 

 

 

 

 

 

 

 

 

Basic

 

 

0.01

 

 

 

(0.00

)

 

 

0.01

 

Diluted

 

 

0.01

 

 

 

(0.00

)

 

 

0.01