FUTU(US:FUTU) Jin Rong Jie·2025-08-21 02:55Core Insights - Futu Holdings (Nasdaq: FUTU) reported total revenue of HKD 5.311 billion for the second quarter ending June 30, 2025, representing a year-on-year growth of 69.7% [1] - The non-GAAP net profit for the same period was HKD 2.66 billion, reflecting a year-on-year increase of 105.2% [1] Revenue Breakdown - Commission and fee income for the second quarter reached HKD 2.579 billion, up 87.4% year-on-year [1] - Interest income amounted to HKD 2.288 billion, showing a year-on-year increase of 43.8% [1] - Other income, which includes wealth management and corporate services, was HKD 444 million, marking a significant year-on-year growth of 175.8% [1] User and Asset Growth - As of the end of the quarter, the number of registered users for Futu's apps, Futu NiuNiu and moomoo, reached 27.12 million, a 17% year-on-year increase [1] - The total number of accounts grew by 30% year-on-year to 5.24 million [1] - The number of asset clients increased by 41% year-on-year to 2.88 million [1] - Platform client assets reached HKD 973.9 billion, representing a year-on-year growth of 68% [1] Crypto Business Expansion - During the quarter, Futu expanded its cryptocurrency business globally, launching crypto trading services in the U.S. market after Hong Kong and Singapore [1] - The platform's crypto asset scale grew by 43% quarter-on-quarter [1]