Futu (FUTU) Q2 2025 Earnings Call August 20, 2025 07:30 AM ET Company ParticipantsJingyu (Daniel) Yuan - Chief of Staff to CEO & Head - Strategy and IRArthur Yu Chen - Chief Financial OfficerCindy Wang - DirectorHuang Chiyao - Research AssociateCharles Zhou - Managing DirectorConference Call ParticipantsNone - AnalystEmma Xu - Research Analyst - Banks & FintechOperatorHello, ladies and gentlemen. Welcome to Futu Holdings Second Quarter twenty twenty five Earnings Conference Call. At this time, all participa ...

Futu (FUTU) Q2 2025 Earnings Call August 20, 2025 07:30 AM ET Speaker0Hello, ladies and gentlemen. Welcome to Futu Holdings Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After management's prepared remarks,Speaker1there will be a Q and A session. Today's conference call is being recorded. If you have any objections, you may now disconnect at this time.Speaker0Would now like to turn the conference over to your host for today's conference ...

Core Insights - Futu Holdings Ltd. reported Q2 2025 earnings with revenues of US$676.6 million, a 69.7% increase year-over-year, and non-GAAP adjusted net income of US$338.8 million, up 105.2% YoY [1][2] User Growth and Client Assets - As of June 30, 2025, the company had 27.12 million registered users, 5.24 million brokerage accounts, and 2.88 million funded accounts [2] - Total client assets reached US$124 billion, reflecting a 17% quarter-over-quarter growth and a 68% year-over-year increase [2] Trading Volume - Total trading volume across platforms grew by 12% QoQ and 121% YoY to US$457 billion, with US equities reaching an all-time high of US$343 billion [3] Cryptocurrency and AI Innovations - Cryptocurrency assets increased by 43% QoQ, with the company launching Moomoo Crypto for US investors and expanding cryptocurrency trading services globally [4][5] - The introduction of Moomoo AI, an AI chatbot, aims to enhance investment decision-making for users [6] Product Development and Market Expansion - The company expanded its product offerings, including US stock options trading in Japan and IPO financing in Malaysia, while enhancing trading features across platforms [7] - Moomoo's app maintained the top position in Q2 downloads among local stock trading apps in Australia, Malaysia, Singapore, and Hong Kong [7] Localization and Financial Literacy Initiatives - Moomoo introduced educational sections within its in-app community, reporting growth in daily active users and user engagement [8] - The company partnered with organizations to promote financial literacy, hosting events and providing awards to high schools for excellence in finance [9][10] Recognition and Awards - Moomoo received multiple awards in various markets, including "Top Broker - Highest Number of New Accounts" in Malaysia and "Fintech - Private Wealth Management" in Singapore, highlighting its commitment to customer value [11]