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NET INCOME (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2024
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,

 

 

2022

 

 

2023

 

 

2024

 

 

US$

 

 

US$

 

 

US$

 

Numerator:

 

 

 

 

 

 

 

 

 

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

 

 

(2,186,441

)

 

 

32,563,525

 

 

 

60,727,920

 

The dilutive effect arising from the convertible bonds

 

 

 

 

 

912,009

 

 

 

1,139,018

 

Numerator for diluted net (loss) income per ordinary share

 

 

(2,186,441

)

 

 

33,475,534

 

 

 

61,866,938

 

Denominator:

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

Basic

 

 

2,295,154,791

 

 

 

2,325,338,439

 

 

 

2,404,640,854

 

 Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Dilutive effect of share options

 

 

 

 

 

5,440,751

 

 

 

5,513,427

 

Dilutive effect of restricted shares units

 

 

 

 

 

26,325,143

 

 

 

41,932,200

 

Dilutive effect of convertible bonds

 

 

 

 

 

70,164,498

 

 

 

82,010,834

 

 Denominator for diluted net (loss) income per ordinary share

 

 

2,295,154,791

 

 

 

2,427,268,831

 

 

 

2,534,097,315

 

Net (loss) income per ordinary share

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.00

)

 

 

0.01

 

 

 

0.03

 

Diluted

 

 

(0.00

)

 

 

0.01

 

 

 

0.02