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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