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Futu Holdings (GB:0FUT)
:0FUT
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.81Last Year’s EPS
8.08Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: 0.13%
|Next Earnings Date:May 29, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in paying clients, revenue, and trading volume, along with significant achievements in product development and market leadership in IPO underwriting. However, challenges such as increased operating expenses and a decline in the commission rate were noted. Overall, the positive aspects significantly outweigh the negatives.Company Guidance
During the Futu Holdings Fourth Quarter and Full Year 2024 Earnings Conference Call, the company reported exceeding its full year guidance by adding 215,000 paying clients in Q4, bringing the total to over 2.4 million, a 41% increase year-over-year. They are guiding for 800,000 new paying clients in 2025. Total client assets reached HK$743 billion, up 43% year-over-year and 7% quarter-over-quarter, with overseas markets recording the highest quarterly net asset inflow. Margin financing and security lending balances rose 25% sequentially to a record HK$51 billion. Total trading volume surged 202% year-over-year and 52% quarter-over-quarter to HK$2.89 trillion, with U.S. stock trading volume hitting a historic high. Revenue in Q4 was HK$4.4 billion, up 87% year-over-year, and full-year revenue grew 36% to HK$13.6 billion. Brokerage commission income increased by 128% year-over-year, while interest income rose 52% year-over-year. Operating margin improved to 50%, and net income increased by 113% year-over-year to HK$1.9 billion, with a net income margin of 42.2%. The company also highlighted the robust growth of its Wealth Management business, with total client assets increasing 93% year-over-year to HK$111 billion, and its involvement in 482 IPO distributions.Record Growth in Paying Clients
Added 215,000 paying clients in Q4, resulting in a total of over 2.4 million paying clients, a 41% year-over-year increase.
Strong Revenue and Profit Growth
Total revenue reached HK$4.4 billion, up 87% year-over-year. Net income increased by 113% year-over-year to HK$1.9 billion.
High Product Development Velocity
Delivered 209 app iterations and added 7,762 new features in 2024, with a 37% and 32% year-over-year increase respectively.
Expansion in Trading Volume
Total trading volume jumped by 202% year-over-year to HK$2.89 trillion, with U.S. stock trading volume growing by 36% sequentially.
Increase in Wealth Management Assets
Total client assets in wealth management increased 93% year-over-year to HK$111 billion, accounting for 15% of total client assets.
IPO Underwriting Leadership
Underwrote 40 Hong Kong IPOs, ranking first among all brokers for the third consecutive year.
GB:0FUT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:0FUT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 13, 2025 | $111.63 | $108.78 | -2.55% |
Nov 19, 2024 | $90.40 | $86.52 | -4.30% |
Aug 20, 2024 | $60.95 | $58.50 | -4.03% |
May 28, 2024 | $73.17 | $75.16 | +2.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Futu Holdings (GB:0FUT) report earnings?
Futu Holdings (GB:0FUT) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Futu Holdings (GB:0FUT) earnings time?
Futu Holdings (GB:0FUT) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Futu Holdings stock?
The P/E ratio of Futu Holdings is N/A.
What is GB:0FUT EPS forecast?
GB:0FUT EPS forecast for the fiscal quarter 2025 (Q1) is 1.81.
