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Futu Announces Third Quarter 2025 Unaudited Financial Results
Globenewswireยท 2025-11-18 08:00
Core Insights - Futu Holdings Limited reported strong growth in its third quarter of 2025, with significant increases in client accounts, trading volume, and financial metrics, driven by robust market conditions and strategic initiatives [1][3][4]. Operational Highlights - The company added 254,000 net new funded accounts, representing a 24.7% increase quarter-over-quarter, bringing total funded accounts to 3.1 million, a 42.6% increase year-over-year [3][4]. - Client acquisition improved across all markets, with Hong Kong leading in new client additions due to strong equity market performance and a robust IPO pipeline [3][4]. - The company enhanced product localization in Malaysia, contributing to its growth, and saw significant increases in U.S. business, with new funded accounts growing in double digits [3][4]. Financial Highlights - Total client assets reached HK$1.24 trillion, up 78.9% year-over-year and 27.4% quarter-over-quarter, driven by mark-to-market gains and net asset inflows [3][4]. - Total trading volume hit a record HK$3.90 trillion, an increase of 104.8% year-over-year, with U.S. stock turnover at HK$2.60 trillion and Hong Kong stock trading volume at HK$1.19 trillion, up 42.9% sequentially [4][6]. - Total revenues increased by 86.3% year-over-year to HK$6,402.9 million (US$822.9 million), with gross profit rising 99.5% to HK$5,609.2 million (US$720.9 million) [5][11]. Income Metrics - Net income surged 143.9% year-over-year to HK$3,217.2 million (US$413.5 million), with a net income margin of 50.2%, up from 38.4% in the previous year [16][18]. - Non-GAAP adjusted net income increased by 136.9% year-over-year to HK$3,312.5 million (US$425.7 million) [17][18]. Share Repurchase Program - The board of directors authorized a new share repurchase program allowing the company to repurchase up to US$800 million worth of its American Depositary Shares (ADSs) over a 24-month period [19][20].
X @Ivan on Tech ๐ณ๐๐ฐ
Ivan on Tech ๐ณ๐๐ฐยท 2025-11-18 06:56
GOOOOD MORNING CRYPTO!!! โ๏ธโ๏ธโโBITCOIN IS AT $89,000!!! SO MANY PEOPLE FULLY REKTSee the video below - I warned you literally on the day of the topWho else warned you on the 8th of October?Most people told you to "BuY ThE DIP!!"Im going live now to speak about Bitcoins next move: https://t.co/PWoO1TdyLz ...
X @AscendEX
AscendEXยท 2025-11-18 06:00
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X @Binance Wallet
Binance Walletยท 2025-11-18 05:29
What's Your Crypto Mood Today? https://t.co/tTXbXkvrDK ...
X @Santiment
Santimentยท 2025-11-18 03:28
Market Overview - Crypto's overall marketcap decreased by 13.5% in the past week [1] - Bitcoin is threatening to fall below $90K for the first time in 7 months [1] Altcoin Performance - Zcash experienced a weekly gain of 7% [1] - Monero experienced a weekly gain of 5% [1] - Aster experienced a weekly gain of 10% [1]
X @Solana
Solanaยท 2025-11-18 03:01
RT billฮ.eth (@0xbilly)This is probably my first and last @solana retweet - but, this is the tweet.Crypto has just gotten to the battlefield.We are building core societal infrastructure.And itโs insanely impressive how far weโve come.Ignore the short term, and ignore the noise.The hardest work and the best of times are yet to come. ...
X @Wendy O
Wendy Oยท 2025-11-18 02:22
I got into crypto at the end of 17, bought Bitcoin and a lot of alts at the topI also bought BTC near the bottom & learned how to tradeYes, this cycle sucksYes, it may be the last chance to operate in a true decentralized economyYou will be ok, and YES it can go lower ...