TIGR

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 17.23 21.05 -227.33 46.76
Price to Sales 2.64 2.51 2.32 2.73
Book Value Per Common Share 0.25 0.21 0.19 0.20
Price to Book 26.03 21.25 17.69 25.09
Price to Operating Cash Flow 1.25 -104.25 2.02 1.75
Price to Free Cash Flow 1.25 -73.42 2.06 1.77
Enterprise Value to EBITDA 1128659.96 1015177.74 2661329.01 2571846.24
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 35.57 40.21 47.72 39.15 44.50
Price to Sales 10.79 12.29 12.31 8.88 8.32
Book Value Per Common Share 0.30 0.28 0.26 0.25 0.23
Price to Book 35.14 34.11 32.64 26.03 23.47
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA 3169688.15 3720520.45 4041180.34 3014355.37 3261168.18

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 78.57
Revenue YoY 43.68 20.92 -14.79
EBITDA YoY 47.67 244.41 -31.80
Net Profit YoY 86.49
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY 25.00 33.33 9.09 37.50
Revenue YoY 26.27 13.14 -1.20 22.81
EBITDA YoY 29.90 22.74 -0.45 46.25
Net Profit YoY 29.90 36.20 8.45 57.99

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 2.93 4.85 2.88 1.88
Quick Ratio 0.69 0.67 0.65 0.67
Current Ratio 1.14 1.20 1.18 1.20
Debt to Equity 8.65 6.56 7.50 6.44
Long-Term Debt to Equity 0.25 0.33 0.38 0.35
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 3.88 4.56 3.32 2.76 3.35
Quick Ratio 0.55 0.63 0.68 0.69 0.67
Current Ratio 1.09 1.09 1.12 1.14 1.11
Debt to Equity 10.40 10.28 9.41 8.65 10.71
Long-Term Debt to Equity 0.01 0.01 0.24 0.25 0.31

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 0.95 0.87 -0.06 0.44
ROE 9.17 6.57 -0.49 3.29
Gross Margin 65.01 59.69 47.93 55.27
Operating Margin 36.41 34.11 9.19 14.15
EBITDA Margin 38.60 37.55 13.18 16.47
Net Profit Margin 15.51 11.95 -0.97 5.55
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 0.58 0.48 0.42 0.44 0.28
ROE 6.60 5.46 4.33 4.24 3.26
Gross Margin 70.49 70.28 68.07 65.14 68.05
Operating Margin 49.70 47.87 44.19 43.87 36.15
EBITDA Margin 51.27 49.84 45.94 45.59 38.29
Net Profit Margin 30.72 29.87 24.81 22.60 17.57

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 6,391,312.47 3,746,047.10 3,797,360.39 3,321,418.66
   Current Assets 6,327,946.49 3,689,972.10 3,738,578.87 3,271,271.53
      Cash and Short-Term Investments 470,199.22 751,655.85 441,141.56 276,005.16
            Cash and Cash Equivalents 393,576.87 322,599.62 277,660.85 269,057.71
            Short-Term Investments 76,622.34 429,056.24 163,480.72 6,947.45
      Net Receivables 3,384,167.56 1,308,937.85 1,610,954.19 1,552,350.94
      Inventory 0 0 0 0
      Other Current Assets 2,473,579.71 1,629,378.40 1,686,483.11 1,442,915.43
   Non-Current Assets 63,365.98 56,075.00 58,781.52 50,147.13
      Property, Plant, Equipment Net 15,061.07 14,262.35 20,269.58 11,756.16
      Goodwill 2,492.67 2,492.67 2,492.67 2,492.67
      Intangible Assets 11,178.13 11,235.08 10,194.58 8,889.01
      Long-Term Investments 19,232.42 11,811.90 7,928.50 9,777.84
      Non-Current Deferred Assets 8,573.14 10,991.00 13,122.27 12,258.36
      Other Non-Current Assets 6,828.55 5,282.01 4,773.93 4,973.09
Liabilities 5,729,188.72 3,250,624.92 3,350,373.50 2,874,792.79
   Current Liabilities 5,561,712.34 3,085,562.27 3,180,556.02 2,719,940.14
      Payables and Expenses 5,543,754.48 3,074,055.35 3,168,733.10 2,711,229.03
            Account Payables 5,489,420.83 3,028,078.49 3,135,026.19 2,509,992.79
            Current Accrued Liabilities 37,386.28 28,508.98 23,856.15 21,701.92
      Short-Term Debt 4,153.93 4,133.88 5,490.08 2,610.04
      Other Current Liabilities 13,803.93 7,373.03 6,332.84 6,101.07
   Non-Current Liabilities 167,476.38 165,062.66 169,817.47 154,852.64
      Long-Term Debt 165,407.72 161,664.83 162,727.56 151,934.59
      Other Non-Current Liabilities 2,068.66 3,397.83 7,089.91 2,918.06
Equity 662,123.75 495,422.18 446,986.89 446,625.87
   Shareholders Equity 655,234.01 488,976.38 447,129.54 446,625.87
      Capital Stock 26.40 23.50 23.19 22.82
      Share Premium 619,030.73 505,448.08 495,705.68 484,335.29
      Retained Earnings 37,843.55 -19,600.43 -50,366.73 -45,788.13
      Treasury Shares 2,172.82 2,172.82 2,172.82 2,172.82
      Accumulated Other Comprehensive Income 506.15 5,278.05 3,940.22 10,228.71
   Minority Interest 6,889.73 6,445.80 -142.64 0
Debt 169,561.65 165,798.71 168,217.64 154,544.63
Common Shares Outstanding 2,640,326.07 2,350,504.57 2,319,014.79 2,282,098.86
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 391,541.43 272,507.59 225,365.55 264,488.16
Cost Of Revenue 137,017.15 109,834.73 117,357.35 118,303.79
Interest Expense 60,803.52 46,957.66 18,668.52 18,378.82
Non-Interest Expense 106,702.11 73,482.59 78,592.57 104,091.74
Gross Profit 254,524.28 162,672.86 108,008.19 146,184.37
Operating Expenses 115,256.42 82,869.64 87,606.04 110,226.73
   Selling, General and Administrative Expenses 106,702.11 73,482.59 78,592.57 104,091.74
   Other Operating Expenses 0 0 0 -4,194.85
Operating Income 139,267.86 79,803.22 20,402.16 35,957.64
Net Non-Operating Income 3,299.31 13,148.17 298.15 1,475.65
EBT 81,763.65 45,993.74 2,031.79 19,054.47
Income Tax 20,409.72 12,986.31 4,288.66 4,363.77
Net Income Including Non-Controlling Interests 61,353.93 33,007.43 -2,256.88 14,690.70
Net Income Non-Controlling Interests -626.01 -443.90 70.44 0
Net Income 60,727.92 32,563.53 -2,186.44 14,690.70
EBIT 142,567.17 92,951.39 20,700.31 37,433.29
Deprecation and Amortization 2,624.29 2,838.55 2,749.14 1,338.97
EBITDA 151,121.48 102,338.45 29,713.78 43,568.29
EPS 0.00 0.00 -0.00 0.00
Diluted EPS 0.00 0.00 -0.00 0.00
Average Shares Outstanding Basic 160,309.39 155,022.56 153,010.32 147,012.42
Average Shares Outstanding Diluted 168,939.82 161,817.92 153,010.32 155,714.48
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 827,978.25 -6,566.35 258,060.60 413,203.96
   Operating Net Income 61,353.93 33,007.43 -2,256.88 14,690.70
   Deprecation and Amortization 2,624.29 2,838.55 2,749.14 1,338.97
   Deferred Income Tax 829.37 3,206.49 -1,264.08 -662.31
   Share Based Compensation 9,736.90 10,147.36 14,213.84 13,370.38
   Change in Working Capital 750,990.30 -45,653.69 242,139.65 384,044.55
   Other Operating Activities 2,443.47 -10,112.50 2,478.93 421.67
Investing Cash Flow -8,656.75 -7,750.56 -3,612.00 10,918.83
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -1,553.28 -2,764.03 -4,888.63 -4,964.53
   Net Purchase/Sale of Investments Net 2,620.24 -4,650.73 1,829.29 13,177.38
   Net Purchase/Sale of Business -10,000.00 0 0 2,663.94
   Other Investing Activities 276.29 -335.80 -552.65 42.04
Financing Cash Flow 103,827.42 1,820.42 4,730.46 330,881.35
   Net Issuance/Repayment of Debt 0 0 0 154,909.78
   Net Issuance/Repurchase of Equity 0 0 0 175,421.59
   Dividends Paid 0 0 0 0
   Other Financing Activities 0 0 0 549.98
Net Change in Cash 923,148.93 -12,496.50 259,179.06 755,004.14
   Cash at Beginning of Period 1,939,753.80 1,955,728.53 1,700,884.96 947,599.65
   Cash at End of Period 2,858,260.50 1,939,753.80 1,955,728.53 1,700,884.96
Free Cash Flow 826,424.98 -9,330.38 253,171.97 408,236.11
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 9,298,466.00 8,567,835.81 7,315,517.68 6,391,312.47 6,374,595.22
   Current Assets 9,222,005.83 8,492,710.54 7,243,414.97 6,327,946.49 6,306,281.75
      Cash and Short-Term Investments 686,959.72 805,110.31 582,472.24 470,199.22 526,981.02
            Cash and Cash Equivalents 578,664.35 511,943.22 403,891.22 393,576.87 429,951.96
            Short-Term Investments 108,295.37 293,167.09 178,581.03 76,622.34 97,029.06
      Net Receivables 3,972,133.98 4,082,566.44 3,791,936.25 3,384,167.56 3,249,856.06
      Inventory 0 0 0 0 0
      Other Current Assets 4,562,912.13 3,605,033.80 2,869,006.47 2,473,579.71 2,529,444.67
   Non-Current Assets 76,460.17 75,125.26 72,102.72 63,365.98 68,313.46
      Property, Plant, Equipment Net 26,899.79 29,470.73 28,487.16 15,061.07 28,357.71
      Goodwill 2,492.67 2,492.67 2,492.67 2,492.67 2,492.67
      Intangible Assets 0 0 0 11,178.13 0
      Long-Term Investments 24,276.26 23,560.78 22,567.99 19,232.42 17,512.17
      Non-Current Deferred Assets 11,491.97 9,437.72 9,931.23 8,573.14 11,077.57
      Other Non-Current Assets 0 0 0 6,828.55 0
Liabilities 8,482,921.76 7,808,417.60 6,612,886.23 5,729,188.72 5,830,152.17
   Current Liabilities 8,475,225.51 7,798,447.00 6,443,572.90 5,561,712.34 5,661,847.29
      Payables and Expenses 8,307,611.05 7,631,436.00 6,438,727.52 5,543,754.48 5,657,558.50
            Account Payables 8,129,912.65 7,503,933.59 6,309,246.98 5,489,420.83 5,575,381.79
            Current Accrued Liabilities 99,977.57 74,475.22 75,891.78 37,386.28 52,316.61
      Short-Term Debt 167,614.45 167,011.01 4,845.38 4,153.93 4,288.80
      Other Current Liabilities 0.00 0.00 0.00 13,803.93 0.00
   Non-Current Liabilities 7,696.25 9,970.59 169,313.33 167,476.38 168,304.88
      Long-Term Debt 5,840.41 7,510.54 167,151.34 165,407.72 166,163.09
      Other Non-Current Liabilities 1,855.84 2,460.05 2,161.99 2,068.66 2,141.79
Equity 815,544.24 759,418.21 702,631.45 662,123.75 544,443.05
   Shareholders Equity 809,924.13 753,976.50 697,398.60 655,234.01 537,458.34
      Capital Stock 26.68 26.66 26.50 26.40 23.73
      Share Premium 630,611.59 627,492.60 624,497.56 619,030.73 512,363.73
      Retained Earnings 166,219.99 112,269.97 70,712.88 37,843.55 13,543.39
      Treasury Shares 2,172.82 2,172.82 2,172.82 2,172.82 2,172.82
      Accumulated Other Comprehensive Income 15,238.69 16,360.09 4,334.47 506.15 13,700.31
   Minority Interest 5,620.12 5,441.71 5,232.85 6,889.73 6,984.71
Debt 173,454.86 174,521.55 171,996.71 169,561.65 170,451.89
Common Shares Outstanding 2,667,964.21 2,665,529.73 2,649,914.04 2,640,326.07 2,362,752.83
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 175,160.24 138,720.04 122,609.96 124,101.85 101,054.08
Cost Of Revenue 51,687.63 41,227.24 39,144.72 43,258.24 32,288.59
Interest Expense 21,942.15 17,338.44 15,041.81 16,731.34 15,700.36
Non-Interest Expense 34,989.30 26,995.17 25,798.26 27,728.47 24,886.76
Gross Profit 123,472.61 97,492.79 83,465.24 80,843.61 68,765.49
Operating Expenses 37,748.94 29,724.17 27,947.57 29,866.06 27,049.46
   Selling, General and Administrative Expenses 34,989.30 26,995.17 25,798.26 27,728.47 24,886.76
Operating Income 85,723.67 67,768.62 55,517.67 50,977.55 41,716.03
Net Non-Operating Income 1,327.18 -1,361.34 -1,340.06 3,469.02 -5,189.94
EBT 65,108.70 49,068.85 39,135.79 37,715.23 20,825.72
Income Tax 11,148.63 7,499.74 8,549.16 9,488.08 2,907.08
Net Income Including Non-Controlling Interests 53,960.07 41,569.11 30,586.63 28,227.15 17,918.65
Net Income Non-Controlling Interests -142.41 -138.50 -167.51 -176.89 -164.35
Net Income 53,817.67 41,430.61 30,419.12 28,050.26 17,754.29
EBIT 87,050.85 66,407.28 54,177.60 54,446.57 36,526.08
Deprecation and Amortization 2,759.64 2,729.01 2,149.31 2,137.59 2,162.70
EBITDA 89,810.50 69,136.29 56,326.91 56,584.16 38,688.79
EPS 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 177,125.21 176,656.84 175,664.85 170,527.45 157,501.91
Average Shares Outstanding Diluted 187,968.94 185,414.88 184,472.93 179,173.81 164,482.79
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow