Record Revenue Growth
Total revenue reached $122.6 million, up 55.3% year-over-year.
Strong Trading Volume and Commission Income
Total trading volume reached $217 billion, and commission income hit a record-high of $58.3 million, more than doubling year-over-year.
Increase in Marketing, Financing and Securities Lending Balance
Balance increased to $5.2 billion, up 89.4% year-over-year.
Non-GAAP and GAAP Net Income Growth
Non-GAAP net income increased to $36 million, reflecting an 18.3% sequential increase and a 145% increase year-over-year. GAAP net income reached $30.4 million, up 8.4% quarter-over-quarter and 146.7% year-over-year.
Growth in Funded Accounts
Added 60,900 new funded accounts, representing a 2.9% increase quarter-over-quarter and 111.2% growth year-over-year.
Record Client Asset Levels
Total client assets reached $45.9 billion, up 9.9% quarter-over-quarter and 39.5% year-over-year.
AI and Product Enhancements
Upgraded TigerGPT to TigerAI, improving user satisfaction to over 80%.
Hong Kong Market Expansion
Received approval to offer virtual asset trading in Hong Kong, enhancing market presence.