Futu Holdings Ltd
NASDAQ:FUTU
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
74.81
199.04
|
| Price Target |
|
We'll email you a reminder when the closing price reaches USD.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Income Statement
Earnings Waterfall
Futu Holdings Ltd
Income Statement
Futu Holdings Ltd
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue |
1 062
N/A
|
1 316
+24%
|
1 743
+33%
|
2 435
+40%
|
3 311
+36%
|
5 025
+52%
|
5 914
+18%
|
6 699
+13%
|
7 115
+6%
|
6 552
-8%
|
6 722
+3%
|
6 936
+3%
|
7 614
+10%
|
8 473
+11%
|
9 211
+9%
|
9 916
+8%
|
10 008
+1%
|
10 101
+1%
|
10 745
+6%
|
11 531
+7%
|
13 590
+18%
|
15 692
+15%
|
17 874
+14%
|
20 841
+17%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(282)
|
(338)
|
(428)
|
(541)
|
(696)
|
(1 021)
|
(1 146)
|
(1 231)
|
(1 206)
|
(991)
|
(920)
|
(871)
|
(996)
|
(1 059)
|
(1 226)
|
(1 445)
|
(1 536)
|
(1 716)
|
(1 915)
|
(2 103)
|
(2 445)
|
(2 724)
|
(2 821)
|
(2 990)
|
|
| Gross Profit |
780
N/A
|
977
+25%
|
1 315
+35%
|
1 895
+44%
|
2 615
+38%
|
4 004
+53%
|
4 768
+19%
|
5 468
+15%
|
5 909
+8%
|
5 561
-6%
|
5 802
+4%
|
6 065
+5%
|
6 618
+9%
|
7 414
+12%
|
7 985
+8%
|
8 471
+6%
|
8 472
+0%
|
8 385
-1%
|
8 830
+5%
|
9 428
+7%
|
11 145
+18%
|
12 968
+16%
|
15 053
+16%
|
17 851
+19%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(592)
|
(676)
|
(795)
|
(965)
|
(1 147)
|
(1 440)
|
(1 823)
|
(2 264)
|
(2 726)
|
(2 985)
|
(3 059)
|
(3 057)
|
(3 049)
|
(3 105)
|
(3 235)
|
(3 367)
|
(3 465)
|
(3 590)
|
(3 813)
|
(4 000)
|
(4 523)
|
(4 854)
|
(5 075)
|
(5 700)
|
|
| Selling, General & Administrative |
(330)
|
(383)
|
(448)
|
(539)
|
(634)
|
(874)
|
(1 201)
|
(1 568)
|
(1 921)
|
(2 035)
|
(1 990)
|
(1 898)
|
(1 827)
|
(1 810)
|
(1 869)
|
(1 954)
|
(2 024)
|
(2 169)
|
(2 381)
|
(2 543)
|
(3 029)
|
(3 310)
|
(3 463)
|
(3 899)
|
|
| Research & Development |
(262)
|
(293)
|
(347)
|
(426)
|
(513)
|
(567)
|
(623)
|
(697)
|
(805)
|
(950)
|
(1 069)
|
(1 158)
|
(1 222)
|
(1 295)
|
(1 366)
|
(1 412)
|
(1 441)
|
(1 421)
|
(1 432)
|
(1 457)
|
(1 494)
|
(1 544)
|
(1 612)
|
(1 802)
|
|
| Operating Income |
188
N/A
|
302
+61%
|
520
+72%
|
930
+79%
|
1 468
+58%
|
2 563
+75%
|
2 944
+15%
|
3 203
+9%
|
3 183
-1%
|
2 576
-19%
|
2 742
+6%
|
3 009
+10%
|
3 569
+19%
|
4 309
+21%
|
4 750
+10%
|
5 104
+7%
|
5 007
-2%
|
4 795
-4%
|
5 017
+5%
|
5 428
+8%
|
6 622
+22%
|
8 114
+23%
|
9 978
+23%
|
12 151
+22%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(9)
|
(12)
|
(14)
|
(17)
|
(17)
|
(7)
|
(28)
|
(12)
|
2
|
(24)
|
(94)
|
(207)
|
(210)
|
(198)
|
(28)
|
59
|
33
|
73
|
(44)
|
(159)
|
(86)
|
(139)
|
(264)
|
(168)
|
|
| Pre-Tax Income |
178
N/A
|
289
+62%
|
506
+75%
|
912
+80%
|
1 450
+59%
|
2 556
+76%
|
2 916
+14%
|
3 191
+9%
|
3 185
0%
|
2 552
-20%
|
2 649
+4%
|
2 802
+6%
|
3 359
+20%
|
4 111
+22%
|
4 723
+15%
|
5 163
+9%
|
5 041
-2%
|
4 868
-3%
|
4 973
+2%
|
5 269
+6%
|
6 535
+24%
|
7 976
+22%
|
9 714
+22%
|
11 983
+23%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
(12)
|
(14)
|
(50)
|
(75)
|
(125)
|
(223)
|
(286)
|
(348)
|
(375)
|
(332)
|
(312)
|
(321)
|
(414)
|
(543)
|
(682)
|
(789)
|
(748)
|
(732)
|
(740)
|
(766)
|
(998)
|
(1 304)
|
(1 667)
|
(2 062)
|
|
| Income from Continuing Operations |
166
|
275
|
456
|
837
|
1 326
|
2 333
|
2 630
|
2 844
|
2 810
|
2 220
|
2 337
|
2 480
|
2 945
|
3 568
|
4 041
|
4 374
|
4 292
|
4 136
|
4 233
|
4 503
|
5 537
|
6 672
|
8 047
|
9 921
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
5
|
8
|
10
|
10
|
10
|
8
|
17
|
|
| Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(13)
|
(18)
|
(21)
|
(16)
|
(13)
|
(13)
|
(13)
|
(21)
|
(63)
|
(104)
|
(131)
|
(143)
|
(119)
|
|
| Net Income (Common) |
143
N/A
|
252
+76%
|
434
+72%
|
815
+88%
|
1 326
+63%
|
2 333
+76%
|
2 630
+13%
|
2 844
+8%
|
2 810
-1%
|
2 220
-21%
|
2 328
+5%
|
2 467
+6%
|
2 927
+19%
|
3 547
+21%
|
4 025
+13%
|
4 362
+8%
|
4 281
-2%
|
4 128
-4%
|
4 220
+2%
|
4 450
+5%
|
5 443
+22%
|
6 550
+20%
|
7 912
+21%
|
9 819
+24%
|
|
| EPS (Diluted) |
0.16
N/A
|
0.25
+56%
|
0.42
+68%
|
0.78
+86%
|
1.26
+62%
|
2.01
+60%
|
2.14
+6%
|
2.28
+7%
|
2.3
+1%
|
1.86
-19%
|
2.02
+9%
|
2.16
+7%
|
2.54
+18%
|
3.13
+23%
|
3.59
+15%
|
3.92
+9%
|
3.82
-3%
|
3.7
-3%
|
3.78
+2%
|
3.98
+5%
|
4.86
+22%
|
5.82
+20%
|
7.02
+21%
|
8.69
+24%
|
|
