XML 44 R40.htm IDEA: XBRL DOCUMENT v3.24.3
NET INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of basic and diluted net income per share

The following table sets forth the computation of basic and diluted net income per share for the following periods:

 

For the six months ended June 30,

 

 

2023

 

 

2024

 

 

US$

 

 

US$

 

Numerator:

 

 

 

 

 

 

Net income attributable to ordinary shareholders of UP Fintech

 

 

21,149,259

 

 

 

14,923,369

 

The dilutive effect arising from the convertible bonds

 

 

556,322

 

 

 

 

Numerator for diluted net income per ordinary share

 

 

21,705,581

 

 

 

14,923,369

 

Denominator:

 

 

 

 

 

 

Weighted average shares used in calculating net income per ordinary share

 

 

 

 

 

 

Basic

 

 

2,317,687,839

 

 

 

2,348,450,793

 

 Effect of dilutive securities:

 

 

 

 

 

 

Dilutive effect of share options

 

 

3,269,350

 

 

 

4,118,774

 

Dilutive effect of restricted shares units

 

 

10,326,284

 

 

 

18,920,680

 

Dilutive effect of convertible bonds

 

 

82,010,834

 

 

 

 

 Denominator for diluted net income per ordinary share

 

 

2,413,294,307

 

 

 

2,371,490,247

 

Net income per ordinary share

 

 

 

 

 

 

Basic

 

 

0.009

 

 

 

0.006

 

Diluted

 

 

0.009

 

 

 

0.006