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Futu Holdings reports total revenue of US$247.9 mil in 3QFY2022

Felicia Tan
Felicia Tan • 2 min read
Futu Holdings reports total revenue of US$247.9 mil in 3QFY2022
As at Sept 30, Futu’s total client assets stood at HK$369.6 million. In Singapore, the group’s total client assets surged by 77.8% y-o-y. Photo: Bloomberg
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Futu Holdings has reported a total revenue of HK$1.95 billion (US$247.9 million or $343.9 million) for the 3QFY2022 ended Sept 30.

The Nasdaq-listed company, which is the parent company of Moomoo Financial Singapore (moomoo Singapore), reported a non-generally accepted accounting principles (GAAP) adjusted net income of HK$806.1 million, up by 24.8% y-o-y.

During the 3QFY2022, moomoo itself saw new paying clients in Singapore increase by about a third sequentially. The increase was attributed to the launch of its online and offline marketing campaigns with low-risk mutual fund products and expanded client acquisition channels.

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