Team moomoo wrote a post · Aug 31, 2021 03:57

Futu Q2 2021 Earnings Snapshot: Revenue up 129% YoY

Futu Holdings Limited $Futu Holdings Ltd(FUTU.US)$ announces its unaudited financial results for the first quarter ended June 30, 2021 (“Q2”).

Highlights:
• Total revenues in the second quarter increased by 129.3% year-over-year (“YoY”) to $203.1 million, achieving triple-digit growth for six consecutive quarters.

• Non-GAAP adjusted net income was up 126.7% YoY to $ 70.9 million.

• The number of Futu users reached 15.5 million, an increase of 66.8% YoY; the number of registered clients reached 2.32 million, an increase of 142.5% YoY; the number of Futu's paying clients reached 1 million an increase of 230.2% YoY.

• During Q2, Futu’s total trading volume soared 104.3% YoY to $ 169.4 billion.

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