← Futu Holdings Ltd
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying Value | $215.6m | $46.5m | $133.4m | $584.0m | $644.6m | $632.1m | $1.5b | $1.3b | |
| Short-term Investments | — | — | — | $150.0m | $86.5m | $398.8m | $310.4m | $859.4m | |
| Cash and cash equivalents | $215.6m | $362.6m | $1.0b | $4.6b | $5.0b | $4.9b | $11.7b | $10.5b | |
| Prepaid assets | $8.8m | $12.5m | $11.4m | $18.3m | $28.5m | $54.7m | $63.5m | $78.0m | |
| Other current assets | — | — | $106.9m | $81.6m | $102.3m | $135.5m | $160.3m | $225.5m | |
| Assets, Current | — | — | — | $12.9b | $11.9b | $12.2b | $20.1b | $28.7b | |
| Total current assets | — | — | $70.8b | $100.7b | $93.1b | $95.4b | $155.9b | $223.7b | |
| Long-term investments | — | — | — | $23.4m | $239.7m | $238.6m | $573.2m | $615.2m | |
| Property, Plant and Equipment, Net | $22.9m | $117.6m | $108.3m | $175.8m | $145.8m | $125.0m | $187.6m | $164.1m | |
| Goodwill | — | — | — | — | — | — | — | $110.2m | |
| Operating Lease, Right-of-Use Asset | — | $20.7m | $26.9m | $31.3m | $25.2m | $28.7m | $32.6m | $73.2m | |
| Other Assets, Noncurrent | — | — | — | $72.9m | $123.7m | $157.1m | $260.8m | $444.7m | |
| Operating lease right-of-use assets | — | $161.6m | $208.9m | $243.9m | $196.9m | $224.1m | $253.2m | $569.9m | |
| Additional Financial Items | |||||||||
| Cash held on behalf of clients | $11.8b | $14.5b | $42.5b | $54.7b | $50.7b | $44.4b | $68.6b | $113.4b | |
| Restricted cash | — | — | — | $2.1m | $1.2m | $1.2m | $1.1m | $2.5m | |
| Term deposit | — | — | $300.0m | — | $5.9m | $5.5m | $5.0m | — | |
| Securities purchased under agreements to resell | — | — | — | $106.2m | $32.0m | $133.0m | $316.3m | $507.8m | |
| Loans and advances - current (net of allowance of HK$85,252 thousand and HK$374,604 thousand as of December 31, 2024 and 2025, respectively) | — | — | — | $29.6b | $26.7b | $32.5b | $49.7b | $64.6b | |
| Clients | $12.3b | $15.4b | $46.1b | $59.1b | $57.2b | $48.8b | $72.4b | $125.2b | |
| Brokers | $920.9m | $1.5b | $4.5b | $7.6b | $11.8b | $15.6b | $43.7b | $38.7b | |
| Clearing organizations | $176.0m | $304.1m | $1.2b | $393.8m | $51.9m | $24.1m | $503.4m | $751.0m | |
| Fund management companies and fund distributors | — | $26.4m | $127.4m | $56.7m | $90.8m | $175.6m | $507.1m | $1.3b | |
| Interest | $2.4m | $519k | $5.5m | $15.4m | $9.9m | $44.1m | $87.0m | $62.5m | |
| Amounts due from related parties | — | — | — | — | — | — | $61.2m | $6.8m | |
| Loans and advances - non-current | — | — | — | — | $36.8m | $18.9m | $18.8m | $139.7m | |
| Other non-current assets | — | — | $286.4m | $568.8m | $965.2m | $1.2b | $2.0b | $3.5b | |
| Amounts due to related parties | $8.6m | $33.6m | $87.2m | $87.5m | $52.7m | $69.0m | $79.1m | $67.1m | |
| Borrowings | $1.6b | $1.5b | $5.5b | $6.4b | $2.5b | $5.7b | $5.7b | $12.1b | |
| Securities sold under agreements to repurchase | — | $1.6m | $5.5b | $4.5b | — | — | $2.6b | $4.7b | |
| Lease liabilities - current | — | — | $66.3m | $96.9m | $109.4m | $114.7m | $144.4m | $200.1m | |
| Accrued expenses and other current liabilities | $149.8m | $252.5m | $731.2m | $2.2b | $1.7b | $1.9b | $4.9b | $4.5b | |
| Lease liabilities - non-current | — | — | $155.9m | $163.7m | $101.7m | $123.3m | $132.9m | $393.8m | |
| Other non-current liabilities | — | — | $14.0m | $10.9m | $13.6m | $12.2m | $8.1m | $21.9m | |
| Ordinary shares | $31k | $78k | $85k | $96k | $97k | $98k | $99k | $100k | |
| Non-controlling interests | — | — | — | — | $235k | $3.0m | ($6.8m) | $319.9m | |
| Total non-current assets | — | — | $495.3m | $836.1m | $1.4b | $1.7b | $2.9b | $4.8b | |
| Total non-current liabilities | — | — | $169.9m | $174.7m | $115.3m | $135.5m | $141.0m | $415.7m | |
| Total shareholders' equity | ($150.2m) | $2.5b | $8.3b | $21.0b | $20.9b | $24.6b | $28.0b | $40.0b | |
| Total equity | — | — | — | $21.0b | $20.9b | $24.6b | $28.0b | $40.3b | |
| Assets | $16.1b | $2.7b | $9.2b | $13.0b | $12.1b | $12.4b | $20.4b | $29.3b | |
| Total assets | $16.1b | $21.4b | $71.3b | $101.5b | $94.5b | $97.1b | $158.8b | $228.4b | |
| LIABILITIES AND EQUITY | |||||||||
| Current liabilities: | |||||||||
| Operating Lease, Liability, Current | — | — | — | $12.4m | $14.0m | $14.7m | $18.6m | $25.7m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $21.0m | $13.0m | $15.8m | $17.1m | $50.6m | |
| Dividends Payable, Current | — | — | — | — | — | — | $2k | — | |
| Liabilities, Current | — | — | — | $10.3b | $9.4b | $9.3b | $16.8b | $24.1b | |
| Total current liabilities | — | — | $62.9b | $80.4b | $73.5b | $72.4b | $130.6b | $187.7b | |
| Other Liabilities, Noncurrent | — | — | — | $1.4m | $1.7m | $1.6m | $1.0m | $2.8m | |
| Deferred Tax Liabilities, Net | — | — | $1.6m | $636k | $7.4m | $6.3m | $4.9m | $20.9m | |
| Liabilities | $15.0b | $2.4b | $8.1b | $10.3b | $9.4b | $9.3b | $16.8b | $24.2b | |
| Total liabilities | $15.0b | $18.9b | $63.0b | $80.6b | $73.6b | $72.6b | $130.8b | $188.1b | |
| Stockholders’ equity: | |||||||||
| Common Stock, Value, Issued | $31k | — | — | — | — | — | — | — | |
| Additional Paid in Capital | — | $325.6m | $897.7m | $2.3b | $2.3b | $2.4b | $2.4b | $2.5b | |
| Retained Earnings (Accumulated Deficit) | ($148.9m) | $2.1m | $173.1m | $532.4m | $907.4m | $1.5b | $1.9b | $3.3b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($1.3m) | ($570k) | $642k | $9.7m | ($6.1m) | ($6.3m) | ($32.2m) | $6.6m | |
| Treasury stock (144,498,392 and 144,498,392 shares as of December 31, 2024 and 2025, respectively) | — | — | — | ($1.2b) | ($4.3b) | ($5.2b) | ($5.2b) | ($5.2b) | |
| Accumulated other comprehensive (loss)/income | ($1.3m) | ($4.4m) | $5.0m | $76.0m | ($47.8m) | ($49.4m) | ($249.9m) | $51.5m | |
| Stockholders' Equity Attributable to Parent | ($150.2m) | $327.2m | $1.1b | $2.7b | $2.7b | $3.1b | $3.6b | $5.1b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | $30k | $383k | ($873k) | $41.1m | |
| Liabilities and Equity | $16.1b | $2.7b | $9.2b | $13.0b | $12.1b | $12.4b | $20.4b | $29.3b | |
| Total liabilities and equity | $16.1b | $21.4b | $71.3b | $101.5b | $94.5b | $97.1b | $158.8b | $228.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.