Futu Holdings Limited (FUTU) Income Statement Analysis

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Complete financial analysis of Futu Holdings Limited (FUTU) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Futu Holdings Limited, a leading company in the Financial – Capital Markets industry within the Financial Services sector.

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Futu Holdings Limited (FUTU)

Industry: Financial - Capital Markets

Sector: Financial Services

Website: https://www.futuholdings.com

About Futu Holdings Limited

Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program. It also offers online wealth management services under the brand of Futu Money Plus through its Futubull and moomoo platforms, which give access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. In addition, the company provides initial public offering subscription and employee share option plan solution services to corporate clients under the Futu I&E brand. Futu Holdings Limited was founded in 2007 and is based in Hong Kong, Hong Kong.

Metric	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	9.10B	7.32B	6.74B	3.13B	972.32M	715.72M	202.56M	41.95M
Cost of Revenue	1.54B	996.13M	1.21B	695.95M	281.70M	0.00	0.00	0.00
Gross Profit	7.56B	6.33B	5.53B	2.43B	690.61M	715.72M	202.56M	41.95M
Gross Profit Ratio	83.11%	86.39%	82.10%	77.73%	71.03%	100.00%	100.00%	100.00%
Research & Development	1.44B	805.33M	-805.33M	-513.28M	-262.35M	151.10M	95.53M	61.62M
General & Administrative	1.31B	931.14M	529.05M	248.40M	164.85M	103.83M	57.29M	31.79M
Selling & Marketing	690.11M	895.77M	1.39B	385.32M	164.70M	98.06M	41.45M	59.20M
SG&A	2.02B	1.83B	1.92B	633.72M	329.55M	201.89M	98.74M	90.98M
Other Expenses	-815.42M	-210.30M	2.48M	-17.24M	-9.46M	-7.96M	-4.92M	-1.09M
Operating Expenses	4.09B	2.42B	1.92B	616.49M	320.09M	193.93M	93.82M	89.90M
Cost & Expenses	4.09B	1.62B	1.92B	616.49M	320.09M	193.93M	93.82M	89.90M
Interest Income	0.00	3.21B	2.52B	965.63M	464.90M	360.59M	105.87M	5.80M
Interest Expense	0.00	292.50M	376.90M	185.09M	89.24M	95.62M	19.88M	3.46M
Depreciation & Amortization	171.21M	149.65M	120.13M	79.78M	66.10M	8.33M	4.30M	3.58M
EBITDA	5.18B	3.63B	3.31B	1.53B	244.05M	304.75M	7.68M	-107.09M
EBITDA Ratio	56.92%	49.63%	49.05%	48.95%	25.10%	42.58%	3.79%	-257.88%
Operating Income	5.01B	3.48B	3.19B	1.45B	177.95M	296.42M	3.38M	-111.75M
Operating Income Ratio	55.04%	47.58%	47.27%	46.40%	18.30%	41.42%	1.67%	-266.41%
Total Other Income/Expenses	19.95M	-210.30M	-2.78B	-14.82M	60.42M	-7.96M	-4.92M	0.00
Income Before Tax	5.03B	3.36B	3.19B	1.45B	178.49M	200.80M	3.38M	-111.75M
Income Before Tax Ratio	55.26%	45.87%	47.27%	46.41%	18.36%	28.06%	1.67%	-266.41%
Income Tax Expense	748.48M	413.96M	375.08M	124.79M	12.29M	62.29M	11.48M	-13.28M
Net Income	4.28B	2.93B	2.81B	1.33B	165.66M	138.51M	-8.10M	-98.47M
Net Income Ratio	47.06%	39.98%	41.70%	42.41%	17.04%	19.35%	-4.00%	-234.76%
EPS	30.56	20.55	18.72	10.23	1.48	2.17	-0.08	-1.01
EPS Diluted	30.59	20.32	18.40	10.08	1.44	2.17	-0.07	-0.89
Weighted Avg Shares Out	140.10M	142.42M	150.11M	129.61M	111.84M	63.94M	97.71M	97.71M
Weighted Avg Shares Out (Dil)	139.96M	143.88M	152.46M	131.27M	114.74M	63.94M	111.18M	111.18M

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HONG KONG, July 08, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that its wholly-owned subsidiary, Futu Securities International (Hong Kong) Limited (“Futu Securities”),...

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HONG KONG, July 03, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that its wealth management business has surpassed $10 billion in assets under...