The earnings call presented a largely positive view of the company's performance with strong growth in paying clients, trading volume, and client assets. Although there were some challenges, such as a decline in margin financing and Hong Kong stock trading volumes, these were outweighed by significant growth metrics and strategic achievements.

Company Guidance

During the third-quarter 2024 earnings call for Futu Holdings, the company discussed several key metrics reflecting its robust performance and growth trajectory. The company reported acquiring 154,000 net new paying clients, marking a 138% year-over-year increase, bringing the total to approximately 2.2 million paying clients, up 33% from the previous year. Total client assets grew 48% year-over-year and 20% quarter-over-quarter to HKD 693 billion, with significant contributions from Hong Kong and Singapore. Trading volume reached HKD 1.9 trillion, with U.S. stock trading volume rising 23% sequentially to HKD 1.53 trillion. In terms of financial performance, total revenue rose by 30% year-over-year to HKD 3.4 billion, while net income increased by 21% year-over-year to HKD 1.3 billion, despite a decline in net income margin due to foreign exchange losses. The company highlighted strong growth in wealth management, with total client assets in this segment increasing by 87% year-over-year to HKD 97 billion. Additionally, the board approved a special cash dividend of USD 0.25 per ordinary share, reflecting the company's commitment to returning value to shareholders.

Significant Growth in Paying Clients

The company reported 154,000 net new paying clients, up 138% year-over-year, with total paying clients reaching approximately 2.2 million, a 33% increase year-over-year.

Strong Performance in Client Assets

Total client assets grew 48% year-over-year and 20% quarter-over-quarter to HKD 693 billion, driven by strong net asset inflow and appreciation of client stock holdings.

Record Trading Volume

Total trading volume increased by 17% quarter-over-quarter to HKD 1.9 trillion, with U.S. stock trading volume rising 23% sequentially.

Wealth Management Growth

Wealth Management assets grew by 87% year-over-year and 22% quarter-over-quarter to HKD 97 billion, with increased client holding in wealth management products.

Financial Performance and Special Dividend

Total revenue reached HKD 3.4 billion, up 30% year-over-year. The Board approved a special cash dividend of USD 0.25 per ordinary share, totaling USD 280 million.

---

Futu Holdings (FUTU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FUTU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 12, 2025	2024 (Q4)	1.43 / -	6.31	―	―	―
Nov 19, 2024	2024 (Q3)	1.25 / 1.28	1.012	26.84% (+0.27)	―
Aug 20, 2024	2024 (Q2)	1.05 / 1.19	1.028	15.93% (+0.16)	―
May 28, 2024	2024 (Q1)	0.89 / 1.04	1.156	-10.02% (-0.12)	―
Mar 14, 2024	2023 (Q4)	0.58 / 0.81	0.926	-12.31% (-0.11)	―
Nov 23, 2023	2023 (Q3)	1.00 / 1.01	0.682	48.30% (+0.33)	―
Aug 24, 2023	2023 (Q2)	0.94 / 1.03	0.574	79.15% (+0.45)	―
May 24, 2023	2023 (Q1)	0.89 / 1.16	0.539	114.35% (+0.62)	―
Mar 28, 2023	2022 (Q4)	0.74 / 0.93	0.395	134.70% (+0.53)	―
Nov 21, 2022	2022 (Q3)	0.59 / 0.68	0.57	19.77% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

FUTU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 19, 2024	$90.23	$84.75	-6.07%
Aug 20, 2024	$61.12	$58.37	-4.50%
May 28, 2024	$72.96	$75.18	+3.04%
Mar 14, 2024	$63.93	$55.13	-13.77%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---