UP Fintech Holding Limited (NASDAQ:TIGR) Q4 2022 Earnings Call Transcript

In 2023, Tiger Brokers will continue to deepen our international and focus on improving the operating efficiency of our existing markets. After launch in Singapore, we’ve achieved profitability in less than two years. However, relying solely on Singapore for growth is a healthy business model in the long-run. Therefore, whether it is Australia, New Zealand, or Hong Kong, we will further enhance the user experience product diversity and self-clearing efficiency, hoping that they will become another successful market just like Singapore. This will enable us to better leverage our fixed cost and better navigate the market turbulence along with the company to continue to develop while maintaining stable profitability. Thank you.

Operator: Thank you. That was the last question. As there are no further questions at this time, I’ll hand the call back to you for closing remarks.

Wu Tianhua: I would like to thank everyone for joining the call today. I’m now closing the call on behalf of a management team here at Tiger. We do appreciate your participation in today’s call. If you have any further questions, please switch out to our Investor Relations team. This concludes the call and thank you very much for your time.

John Zeng: Thank you.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect. Speakers, please standby.