COMP <GO>

TIGR vs OPY // FORWARD P/E MULTIPLE

UP Fintech Holding Ltd representing fifteen (Class A) (NASDAQ) VS. Oppenheimer Holdings Inc. (Class A) (NYSE) • 15-METRIC TALLY: TIGR 2 — OPY 3

■ METRIC PARITY

TIGR — UP Fintech Holding Ltd representing fifteen (Class A) ROARABLE D • RQD 46/100

LAST: $3.91 (+1.03%) • MKT CAP: $691.6M

DES <GO> FA <GO> 10-K RED <GO>

forward-pe

—

OPY — Oppenheimer Holdings Inc. (Class A) ROARABLE C- • RQD 59/100

LAST: $83.77 (-2.82%) • MKT CAP: $923.0M

DES <GO> FA <GO> 10-K RED <GO>

forward-pe

6.6x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TIGR VS. OPY) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	TIGR	OPY	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	17.60%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	5.2x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	15.88%	—	TIE	/fcf-yield <GO>
Operating Margin	—	14.80%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	10.40%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	56.30%	15.90%	+40.40	TIGR	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.66%	-0.66	OPY	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	4/9	6/9	-2.00	OPY	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	36.8	36.7	+0.10	TIGR	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	—	6.6x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$691.6M	$923.0M	-$231.5M	OPY	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	TIGR REV	OPY REV	TIGR GROSS %	OPY GROSS %	TIGR FCF	OPY FCF
FY 2025	$612.1M	$1.42B	—	—	$1.32B	$183.6M
FY 2024	$391.5M	$1.23B	—	—	$828.0M	-$113.3M
FY 2023	$272.5M	$1.07B	—	—	-$6.6M	-$18.8M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TIGR // BETA —

OPY // BETA —