Moomoo's Parent Company Futu Releases Q2 Earnings Result with US$400.7 Million in Total Revenues, a 25.9% Increase YoY
Futu Holdings (Nasdaq: FUTU), parent company of moomoo, reported strong Q2 2024 earnings with US$400.7 million in total revenues, up 25.9% YoY, and US$166.0 million in non-GAAP adjusted net income, an 8.6% YoY increase. The company's global user base grew to 23.3 million, up 13.3% YoY, with 2 million paying clients, a 28.8% YoY increase. Total client assets reached US$74.2 billion, up 11.9% QoQ, while total trading volume surged 21.1% QoQ to US$207.7 billion. Futu expanded its offerings, including Japanese stock trading and cryptocurrency ETFs, with wealth management AUM surpassing US$10 billion. The company launched crypto trading in Singapore and Hong Kong, aiming to provide more diverse investment opportunities globally.
Futu Holdings (Nasdaq: FUTU), la società madre di moomoo, ha riportato un forte fatturato per il secondo trimestre del 2024, con 400,7 milioni di dollari in entrate totali, in aumento del 25,9% rispetto all'anno precedente, e 166,0 milioni di dollari in reddito netto rettificato non-GAAP, con un incremento dell'8,6% su base annua. La base utenti globale dell'azienda è cresciuta a 23,3 milioni, con un aumento del 13,3% rispetto all'anno precedente, e conta 2 milioni di clienti paganti, in crescita del 28,8% su base annua. Le attività totali dei clienti hanno raggiunto 74,2 miliardi di dollari, con un incremento dell'11,9% rispetto al trimestre precedente, mentre il volume totale di trading è aumentato del 21,1% QoQ, raggiungendo 207,7 miliardi di dollari. Futu ha ampliato la sua offerta, includendo il trading di azioni giapponesi e ETF di criptovalute, con il patrimonio gestionale in oltre 10 miliardi di dollari. L'azienda ha lanciato il trading di criptovalute a Singapore e Hong Kong, mirando a offrire opportunità di investimento diversificate a livello globale.
Futu Holdings (Nasdaq: FUTU), la empresa matriz de moomoo, reportó sólidos resultados en el segundo trimestre de 2024, con 400,7 millones de dólares en ingresos totales, un aumento del 25,9% interanual, y 166,0 millones de dólares en ingresos netos ajustados no-GAAP, lo que representa un incremento del 8,6% interanual. La base de usuarios global de la compañía creció hasta 23,3 millones, un aumento del 13,3% interanual, con 2 millones de clientes de pago, un incremento del 28,8% interanual. Los activos totales de los clientes alcanzaron 74,2 mil millones de dólares, un aumento del 11,9% respecto al trimestre anterior, mientras que el volumen de comercio total se disparó un 21,1% respecto al trimestre anterior, llegando a 207,7 mil millones de dólares. Futu amplió su oferta, incluyendo el comercio de acciones japonesas y ETFs de criptomonedas, con un patrimonio gestionado que supera 10 mil millones de dólares. La empresa lanzó el comercio de criptomonedas en Singapur y Hong Kong, con el objetivo de proporcionar oportunidades de inversión más diversas globalmente.
푸투 홀딩스(나스닥: FUTU), 무무의 모회사,는 2024년 2분기 실적을 발표했으며, 총 수익 4억 7백만 달러로 지난해 대비 25.9% 증가하였고, 비 GAAP 조정 순이익 1억 6천6백만 달러로 8.6% 증가하였습니다. 회사의 글로벌 사용자 수는 2천3백만 명으로 지난해 대비 13.3% 증가하였으며, 200만 명의 유료 고객이 28.8% 증가하였습니다. 총 고객 자산은 742억 달러에 달하여 이전 분기 대비 11.9% 증가하였고, 전체 거래량은 이전 분기 대비 21.1% 증가하여 2077억 달러에 달했습니다. 푸투는 일본 주식 거래 및 암호화폐 ETF를 포함한 서비스 범위를 확장했으며, 자산 관리 AUM이 100억 달러를 초과했습니다. 회사는 싱가포르와 홍콩에서 암호화폐 거래를 시작하여 전 세계적으로 더 다양한 투자 기회를 제공할 계획입니다.
Futu Holdings (Nasdaq: FUTU), la société mère de moomoo, a annoncé de bons résultats pour le deuxième trimestre 2024, avec 400,7 millions de dollars de revenus totaux, soit une augmentation de 25,9 % par rapport à l'année précédente, et 166,0 millions de dollars de revenu net ajusté non-GAAP, ce qui représente une hausse de 8,6 % sur un an. La base d'utilisateurs mondiale de l'entreprise a augmenté pour atteindre 23,3 millions, soit une progression de 13,3 % sur un an, avec 2 millions de clients payants, en hausse de 28,8 % par rapport à l'année précédente. Les actifs totaux des clients ont atteint 74,2 milliards de dollars, en hausse de 11,9 % par rapport au trimestre précédent, tandis que le volume total des transactions a bondi de 21,1 % par rapport au trimestre précédent, atteignant 207,7 milliards de dollars. Futu a élargi son offre, y compris le trading d'actions japonaises et les ETF de cryptomonnaies, avec des actifs sous gestion (AUM) dépassant 10 milliards de dollars. L'entreprise a lancé le trading de cryptomonnaies à Singapour et à Hong Kong, visant à offrir des possibilités d'investissement plus diversifiées à l'échelle mondiale.
Futu Holdings (Nasdaq: FUTU), das Mutterunternehmen von moomoo, berichtete von starken Ergebnissen im zweiten Quartal 2024 mit 400,7 Millionen US-Dollar an Gesamteinnahmen, was einem Anstieg von 25,9% im Vergleich zum Vorjahr entspricht, sowie 166,0 Millionen US-Dollar an non-GAAP-adjustiertem Nettogewinn, was einer jährlichen Steigerung von 8,6% entspricht. Die globale Nutzerbasis des Unternehmens wuchs auf 23,3 Millionen, was einem Anstieg von 13,3% im Jahresvergleich entspricht, mit 2 Millionen zahlenden Kunden, was einem Anstieg von 28,8% im Jahresvergleich entspricht. Die Gesamtvermögen der Kunden erreichten 74,2 Milliarden US-Dollar, ein Anstieg um 11,9% gegenüber dem Vorquartal, während das gesamte Handelsvolumen um 21,1% im Quartalsvergleich auf 207,7 Milliarden US-Dollar anstieg. Futu erweiterte sein Angebot, einschließlich des Handels mit japanischen Aktien und Krypto-ETFs, wobei das verwaltete Vermögen (AUM) 10 Milliarden US-Dollar überstieg. Das Unternehmen startete den Krypto-Handel in Singapur und Hongkong, um weltweit vielfältigere Anlagemöglichkeiten zu bieten.
- Total revenues increased by 25.9% YoY to US$400.7 million
- Non-GAAP adjusted net income grew 8.6% YoY to US$166.0 million
- Global users reached 23.3 million, up 13.3% YoY
- Paying clients increased by 28.8% YoY to 2 million
- Total client assets grew 11.9% QoQ to US$74.2 billion
- Total trading volume surged 21.1% QoQ to US$207.7 billion
- Wealth management AUM surpassed US$10 billion, up 83.6% YoY
- US stock trading volume increased by 84.1% YoY
- Australian stock trading volume grew by 204% YoY
- Canadian stock trading volume up 106% QoQ
- None.
Insights
Futu's Q2 2024 results demonstrate robust growth across key metrics. Total revenues of
Futu's diversification strategy is yielding impressive results. The company's expansion into new markets and asset classes is driving growth. Notably, US stock trading volume and DARTs reached one-year highs, with trading volume up
Futu's tech-driven approach is a key differentiator in the competitive online brokerage space. The company's ability to rapidly roll out new features and enter new markets showcases its agile tech infrastructure. The strategic partnership with Nasdaq for advanced market data integration demonstrates Futu's commitment to providing cutting-edge tools for investors. The introduction of innovative features like recurring investments and fractional trading for US stocks in Australia and Malaysia highlights Futu's focus on user experience and accessibility. As Futu continues to leverage technology for expansion and product development, it's well-positioned to maintain its competitive edge in the fintech sector.
The exceptional results demonstrated the Company's continuous growth and its rising recognition among global investors. By the end of Q2, the Company's global users reached 23.3 million, representing an increase of
With its client-centric approach and continuous efforts to enhance the investment experience through cutting-edge solutions, the Company has increasingly earned the trust and loyalty of global investors through its proprietary platforms. Its client retention rate remained above
Successes in Q2 were driven by the Company's robust stock trading activities, with US stock global trading volume and daily active revenue trades ("DARTs") both hitting one-year highs, while other stocks also saw rapid growth. Additionally, with its strategic focus on diversification, the Company has been expanding its offerings across markets and assets to enable global investors to unlock various opportunities. In Q2, the Company rolled out a variety of new offerings, including expanding Japanese stock trading to more markets, introducing cryptocurrency ETFs, as well as other initiatives. The Company also achieved noticeable success in bonds and funds, driving wealth management to surpass
Entering into the second half of the year, the Company continued to empower investors with broader investment opportunities. As virtual assets are increasingly gaining popularity from global investors, the Company launched crypto trading services in
Double-Digit Growth Across Global Markets
This quarter, the Company continued to perform strongly across all its markets, highlighting the ongoing momentum of its international expansion. Moomoo reached a significant milestone in
Improved Stock Trading and Expanded Diversification Strategy
With the Company's diversification strategy, moomoo continually improved its comprehensive stock trading capabilities, achieving impressive results in Q2. This strong growth reinforced the Company's competitive edge in this asset class, further establishing moomoo and Futubull as trusted destinations for global stock investment.
In Q2, the Company improved its US stock trading capabilities by expanding its services and products. In April, moomoo entered a global strategic partnership with Nasdaq to further empower investors with advanced market data and insights. To meet increasing demand from local investors, moomoo launched US options trading in
Additionally, the Company enhanced its capabilities beyond the US stock. In
Diversified Asset Classes Meet Various Investment Needs
As a one-stop platform to meet different investment needs, this quarter, the Company continued to build presence in new asset classes, with the aim to create a resilient and thriving investment ecosystem among global investors.
With virtual assets, which has become a major focal point in the investing world, the Company made strides to address investors' evolving needs. The Company unveiled crypto trading services in
The Company's wealth management business also took a giant leap forward in Q2, surpassing a milestone of
To meet the needs of high-net-worth families and individuals, and provide more sophisticated wealth management solutions, the Company continued to enhance its family office services. This led to increased net deposits in the HK market and drove the growth of the Company's private wealth management business.
Furthermore, moomoo played a pivotal role in transforming the local investment landscape with innovative solutions. In Q2, moomoo expanded IPO and IR business into
In the future, the Company will further streamline access and provide a unified platform for diverse investment opportunities worldwide, making investing a viable option for all.
About moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
Founded in the US, moomoo operates globally, serving investors in countries such as the US,
For more information, please visit moomoo's official website at www.moomoo.com or feel free to email: pr@moomoo.com.
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SOURCE moomoo
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