Webull Corporation ( (BULL) ) has released its Q1 earnings. Here is a breakdown of the information Webull Corporation presented to its investors.
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Webull Corporation is a leading digital investment platform that operates globally, offering investment services across multiple markets through its licensed brokerages. The company provides retail investors with 24/7 access to global financial markets, allowing them to trade various financial instruments such as stocks, ETFs, options, and futures.
In its first quarter of 2025, Webull Corporation reported a significant financial performance, with total revenues reaching $117 million, marking a 32% increase year-over-year. This growth was attributed to a rise in account and trading volumes, reflecting the strong demand for Webull’s trading platform.
Key financial highlights for the quarter include a 52% increase in trading-related revenue and a 45% growth in customer assets, driven by a 66% rise in net deposits. The company also reported a turnaround in profitability, with net income increasing by $25.5 million from a loss in the previous year to a positive $12.9 million. Additionally, Webull’s operating margin improved significantly, reaching 24.4%.
Strategically, Webull made several advancements, including partnerships with Kalshi and Visa, and the launch of Webull Premium, a subscription-based service. These initiatives aim to enhance the customer experience and expand the company’s product offerings and market reach.
Looking ahead, Webull’s management remains focused on broadening its product portfolio and expanding its global presence to meet the long-term investing needs of retail investors worldwide. The company aims to continue its growth trajectory by leveraging its innovative platform and strategic partnerships.