Futu Holdings Ltd, the parent company of the online brokerage platform Moomoo, has announced impressive financial results for the first quarter of 2025. The company reported a 98% year-on-year increase in net income, reaching $285 million, and a revenue surge of 81.1% to $603.4 million. As of 31 March 2025, Futu had 26.25 million registered users, 4.96 million brokerage accounts, and 2.67 million funded accounts, with client assets growing 12% quarter-on-quarter to $107 billion.
The company experienced robust growth across various markets, with Japan, Canada, and Malaysia achieving record highs in new funded accounts. The US and Australia also saw double-digit growth in funded accounts.
In Singapore, Futu attracted significant asset inflows from high-net-worth individuals, whilst in Hong Kong, client acquisition accelerated, with a nearly 20% quarterly rise in daily active users.
Futu’s trading activities reached new heights, with a total trading volume of $4.133 billion, marking a 140% year-on-year increase. The company also expanded its wealth management services, with assets under management rising by 118% to $179 billion. Notably, Futu introduced fractional US shares trading in Japan and launched new investment tools to cater to diverse investor needs.
The company further strengthened its community engagement and corporate social responsibility efforts, partnering with Seeking Alpha and sponsoring events like the Jersey City Marathon. Additionally, Futu announced a high-profile sports sponsorship with the New York Mets, enhancing its brand presence in the US. As Futu continues to innovate and expand, it remains a leading player in the global financial services sector.
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