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NET INCOME (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
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,

 

 

 

2019

 

 

2020

 

 

2021

 

 

 

US$

 

 

US$

 

 

US$

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to ordinary shareholders of UP

   Fintech Holding Limited

 

 

(6,589,431

)

 

 

16,064,793

 

 

 

14,690,701

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

The dilutive effect arising from the convertible bonds

 

 

 

 

 

 

 

 

2,900,645

 

Numerator for diluted net income (loss) per ordinary share

 

 

(6,589,431

)

 

 

16,064,793

 

 

 

11,790,056

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

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

   ordinary share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

1,751,784,176

 

 

 

2,117,904,025

 

 

 

2,205,186,257

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of share options

 

 

 

 

 

25,462,481

 

 

 

17,457,965

 

Dilutive effect of restricted shares units

 

 

 

 

 

18,865,819

 

 

 

32,613,976

 

Dilutive effect of convertible bonds

 

 

 

 

 

 

 

 

80,459,006

 

Denominator for diluted net income (loss) per ordinary share

 

 

1,751,784,176

 

 

 

2,162,232,325

 

 

 

2,335,717,204

 

Net income (loss) per ordinary share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.00

)

 

 

0.01

 

 

 

0.01

 

Diluted

 

 

(0.00

)

 

 

0.01

 

 

 

0.01

 

Schedule of potential ordinary shares outstanding excluded from the computation of diluted net loss per ordinary share

The following table summarizes potential ordinary shares outstanding excluded from the computation of diluted net loss per ordinary share for the year ended December 31, 2019, because their effect is anti-dilutive:

 

 

 

For the year

ended

December 31,2019

 

Share issuable upon exercise of share options

 

 

95,933,244

 

Share issuable upon exercise of RSUs

 

 

28,406,980