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Moomoo Singapore's paying clients increase by 25% y-o-y for 3QFY2023 with parent company revenue up 42.3% y-o-y

Bryan Wu
Bryan Wu • 2 min read
Moomoo Singapore's paying clients increase by 25% y-o-y for 3QFY2023 with parent company revenue up 42.3% y-o-y
Nasdaq-listed Futu Holdings reported total revenue of US$338.5 million for 3QFY2023. Photo: Moomoo
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Moomoo Singapore has reported over 25.0% y-o-y growth in paying clients for its 3QFY2023 ended Sept 30.

During the quarter, Moomoo's parent company, Nasdaq-listed Futu Holdings reported total revenues of US$338.5 million ($453.4 million), up 42.3% y-o-y, while while non-generally accepted accounting principles (GAAP) adjusted net income was up 43.7% y-o-y to US$147.9 million.

As at end-September, Moomoo and its affiliated brands maintained a strong client retention rate at above 98.0%, with total client assets reaching US$59.8 billion.

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