← Futu Holdings Ltd
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $311.7m |
$493.5m
+58.35%
|
$87.5m
-82.26%
|
$348.3m
+297.81%
|
$677.1m
+94.42%
|
$614.2m
-9.29%
|
$640.0m
+4.20%
|
$1.0b
+56.93%
|
$1.8b
+82.13%
|
|
| Cost of Goods and Services Sold | $109.1m |
$249.6m
+128.77%
|
$36.2m
-85.51%
|
$89.8m
+148.20%
|
$154.6m
+72.27%
|
$127.7m
-17.43%
|
$196.7m
+54.03%
|
$314.8m
+60.07%
|
$378.0m
+20.08%
|
|
| Gross Profit | $202.6m |
$561.7m
+177.32%
|
$100.1m
-82.18%
|
$337.3m
+236.86%
|
$757.6m
+124.65%
|
$848.3m
+11.96%
|
$1.1b
+27.87%
|
$1.4b
+32.28%
|
$2.6b
+78.24%
|
|
| Total gross profit | $202.6m |
$561.7m
+177.32%
|
$779.9m
+38.83%
|
$2.6b
+235.30%
|
$5.9b
+125.99%
|
$6.6b
+11.99%
|
$8.5b
+28.02%
|
$11.1b
+31.54%
|
$19.9b
+78.60%
|
|
| Research and Development Expense | — | $151.1m | $33.7m | $66.2m | $103.3m | $156.6m | $184.5m | $192.3m | $245.2m | |
| Research and development expenses | ($95.5m) | ($151.1m) | ($262.3m) | ($513.3m) | ($805.3m) | ($1.2b) | ($1.4b) | ($1.5b) | ($1.9b) | |
| Selling and Marketing Expense | — | $98.1m | $21.1m | $49.7m | $178.5m | $114.8m | $90.9m | $181.4m | $254.5m | |
| Selling and marketing expenses | ($41.4m) | ($98.1m) | ($164.7m) | ($385.3m) | ($1.4b) | ($895.8m) | ($710.3m) | ($1.4b) | ($2.0b) | |
| General and Administrative Expense | — | $103.8m | $21.2m | $32.0m | $67.8m | $119.4m | $168.2m | $208.6m | $248.6m | |
| General and administrative expenses | ($57.3m) | ($103.8m) | ($164.8m) | ($248.4m) | ($529.0m) | ($931.1m) | ($1.3b) | ($1.6b) | ($1.9b) | |
| Amortization of Intangible Assets | — | $315k | $900k | $1.4m | $2.3m | $6.7m | $17.1m | $20.6m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $157.9m | $175.8m | $211.4m | |
| Operating Expenses | — | $353.0m | $76.0m | $147.9m | $349.6m | $390.8m | $443.6m | $582.3m | $748.3m | |
| Total operating expenses | ($194.3m) | ($353.0m) | ($591.9m) | ($1.1b) | ($2.7b) | ($3.0b) | ($3.5b) | ($4.5b) | ($5.8b) | |
| Operating Income (Loss) | — | $200.8m |
$178.5m
-11.11%
|
$1.5b
+712.71%
|
$3.2b
+119.58%
|
$3.4b
+5.44%
|
$641.1m
-80.91%
|
$852.5m
+32.97%
|
$1.8b
+112.22%
|
|
| Financing Interest Expense | — | — | — | — | — | — | — | $208.2m | $225.8m | |
| Interest Expense | $19.9m | $95.6m | $89.2m | $185.1m | $376.9m | $292.5m | $910.8m | $1.6b | $1.8b | |
| Interest Income, Operating | — | $360.6m | $59.7m | $124.5m | $322.9m | $412.0m | $708.8m | $858.3m | $1.3b | |
| Interest income | $105.9m | $360.6m | $464.9m | $965.6m | $2.5b | $3.2b | $5.5b | $6.7b | $10.4b | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $7.5m | ($968k) | ($1.5m) | $17.7m | ($17.1m) | $8.5m | ($19.4m) | $30.2m | |
| Other Nonoperating Income (Expense) | — | ($8.0m) | ($1.2m) | ($2.2m) | $318k | ($27.0m) | $4.3m | ($11.1m) | ($47.2m) | |
| Income (Loss) from Equity Method Investments | — | — | ($70k) | ($40k) | — | ($2.3m) | ($1.7m) | ($13.4m) | ($6.6m) | |
| Other Income | $20.9m | $42.8m | $10.9m | $45.8m | $87.7m | $50.3m | $67.5m | $113.1m | $235.4m | |
| Income before income tax expenses and share of loss from equity method investments | $3.4m | $200.8m | $178.5m | $1.5b | $3.2b | $3.4b | $5.0b | $6.5b | $13.7b | |
| Share of loss from equity method investments | — | — | ($543k) | ($307k) | $0 | ($17.8m) | ($13.5m) | ($103.9m) | ($51.6m) | |
| Current Income Tax Expense (Benefit) | — | $46.8m | $13.9m | $137.9m | $396.5m | $466.1m | $763.2m | $1.0b | $2.4b | |
| Income tax expenses | ($11.5m) | ($62.3m) | ($12.3m) | ($124.8m) | ($375.1m) | ($414.0m) | ($748.5m) | ($998.3m) | ($2.4b) | |
| Income Tax Expense (Benefit) | — | $62.3m | $1.6m | $16.1m | $48.1m | $53.1m | $95.8m | $128.5m | $303.2m | |
| Net Income (Loss) Attributable to Parent | — | $138.5m |
$21.3m
-84.65%
|
$171.0m
+703.87%
|
$360.3m
+110.75%
|
$375.2m
+4.13%
|
$548.1m
+46.10%
|
$700.7m
+27.84%
|
$1.5b
+107.88%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | $36.9m |
$18.4m
-50.25%
|
$171.0m
+830.24%
|
$360.3m
+110.75%
|
$2.9b
+712.36%
|
$4.3b
+46.28%
|
$5.4b
+27.13%
|
$11.3b
+108.30%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | ($7k) | ($323k) | ($1.3m) | ($4.6m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | $34.6m | $1.3m | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.14) | $0.09 | $0.17 | $1.28 | $2.34 | $2.57 | $3.88 | $4.93 | $10.17 | |
| Earnings Per Share, Diluted | ($0.14) | $0.07 | $0.16 | $1.26 | $2.30 | $2.54 | $3.82 | $4.86 | $10.03 | |
| Weighted Average Number of Shares Outstanding, Basic | 403.8m | 403.8m | 832.8m | 1.0b | 1.2b | 1.1b | 1.1b | 1.1b | 1.1b | |
| Weighted Average Number of Shares Outstanding, Diluted | 403.8m | 511.5m | 917.9m | 1.1b | 1.2b | 1.2b | 1.1b | 1.1b | 1.1b | |
| Additional Financial Items | ||||||||||
| Brokerage commission and handling charge income | $184.9m | $408.0m | $511.4m | $2.0b | $3.9b | $4.0b | $3.9b | $6.0b | $10.6b | |
| Brokerage commission and handling charge expenses | — | — | ($100.5m) | ($361.5m) | ($572.2m) | ($329.8m) | ($249.6m) | ($341.2m) | ($606.0m) | |
| Processing and servicing costs | ($52.4m) | ($73.8m) | ($91.9m) | ($149.4m) | ($257.0m) | ($373.8m) | ($375.9m) | ($486.8m) | ($578.5m) | |
| Others, net | ($4.9m) | ($8.0m) | ($9.5m) | ($17.2m) | $2.5m | ($210.3m) | $33.4m | ($86.4m) | ($367.4m) | |
| Ordinary shareholders of the Company | ($8.1m) | $138.5m | $165.7m | $1.3b | $2.8b | $2.8b | $4.3b | $5.2b | $11.6b | |
| Non-controlling interests | — | — | — | — | — | ($33k) | ($2.5m) | ($10.0m) | ($36.1m) | |
| Foreign currency translation adjustment | $3.4m | $754k | ($3.1m) | $9.4m | $71.0m | ($123.8m) | ($1.6m) | ($200.2m) | $301.6m | |
| Total costs | ($109.1m) | ($249.6m) | ($281.7m) | ($696.0m) | ($1.2b) | ($996.1m) | ($1.5b) | ($2.4b) | ($2.9b) | |
| Total comprehensive income | — | $139.3m | $162.5m | $1.3b | $2.9b | $2.8b | $4.3b | $5.2b | $11.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.