FUTU - Futu Holdings GAAP EPADS of $0.87 beats by $0.10 revenue of $292.3M beats by $31.26M

March, 28 2023 04:25 AM Futu Holdings Limited

2023-03-28 04:25:55 ET

Futu Holdings press release ( NASDAQ: FUTU ): Q4 GAAP EPADS of $0.87 beats by $0.10 .
Revenue of $292.3M (+42.3% Y/Y) beats by $31.26M .
Total number of paying clients increased 19.5% year-over-year to 1,486,980 as of December 31, 2022.
Total number of registered clients increased 17.5% year-over-year to 3,232,339 as of December 31, 2022.
Total number of users increased 12.7% year-over-year to 19.6 million as of December 31, 2022.
Total client assets increased 2.4% year-over-year to HK$417.5 billion as of December 31, 2022.
Daily average client assets were HK$383.1 billion in the fourth quarter of 2022, a decrease of 10.5% from the same period in 2021.
Total trading volume in the fourth quarter of 2022 declined 10.9% year-over-year to HK$1.1 trillion.
Daily average revenue trades (DARTs) in the fourth quarter of 2022 declined 12.7% year-over-year to 475,005. DARTs in 2022 declined 8.1% year-over-year to 588,941.
Margin financing and securities lending balance declined 12.2% year-over-year to HK$26.6 billion as of December 31, 2022.

For further details see: