Strong Year-over-Year Revenue Growth
Total revenue of $155.0M in Q1 2026, up ~26.3% year-over-year, driven by 15% YoY growth in commission income ($67.2M) and 20% YoY growth in interest income ($64.5M).
Operating Profit Expansion
Operating profit was $47.5M (management cited $47.6M), up ~17.5% year-over-year, indicating healthy core operating performance despite macro volatility.
Client Assets and Net Inflows
Quarter-end total client assets of $58.9B, up ~28.4% year-over-year. Net asset inflow was $2.9B in Q1, with retail and consolidated accounts contributing over $2.0B — a record for the company.
User and Account Growth
Added 28,900 new funded accounts in Q1; total funded accounts reached 1.28M, up ~11.3% year-over-year. Singapore and Hong Kong were primary contributors to new funded accounts (together >75%).
Regional Asset Recovery and Momentum
Despite Q1 mark-to-market losses, management reported that by Q2-to-date the nearly $4.9B mark-to-market loss had been fully recovered; U.S. client assets rose nearly 40% quarter-over-quarter and other overseas markets posted QoQ gains.
Product and Technology Enhancements
Major Tiger AI upgrade to a multi-agent architecture (market search, analysis, risk-control), launched a dedicated futures AI agent, and integrated a 3-model collaborative system including the Claude model — enhancing AI-driven insights and services.
Derivatives & Execution Improvements
Rolled out Hong Kong index option trading and option TWAP orders, expanding derivative capabilities and execution tools for users in volatile markets.
Capital Markets & ESOP Business Strength
Underwrote 10 Hong Kong IPOs (including leading AI companies) and completed 2 large-scale U.S. SPAC IPOs. Hong Kong IPO subscription on platform exceeded HKD 1 trillion YTD. ESOP clients increased by 42 to 790 total, reflecting sustained demand.
Share Repurchase Program
Board approved a share repurchase program of up to $50M to be implemented from June 1, 2026 to June 1, 2027, signaling confidence in long-term prospects and commitment to shareholder value.