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Moomoo Gained Market Share Steadily in the US and Singapore With Australia as the Next Stop

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Futu wrote a column · Mar 11, 2022 02:11
Operational highlights of the fourth quarter and full year 2021 unaudited financial results:
• Total revenues increased 114.9% year-over-year to US$912.3 million in 2021.
• Non-GAAP adjusted net income increased 113.3% year-over-year to US$373.0 million in 2021.
• As of quarter end, Futu's global users increased 45.8% year-over-year to 17.40 million. Total number of registered clients increased 93.8% year-over-year to 2.75 million. Total number of paying clients increased 140.8% year-over-year to 1.24 million.
•moomoo further gained market share in the US, and registered users in Singapore accounted for 1/10 of the adult population aged over 20.
•moomoo entered the Australian market in the first quarter of 2022 as Futu acquired an Australian Financial Services Licence.
Moomoo Gained Market Share Steadily in the US and Singapore With Australia as the Next Stop
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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Futu is an advanced tech company transforming the investing experience by offering a fully digitized brokerage and wealth management platform.
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