Futu Holdings reports Q4 EPS 79c

Reports Q4 revenue $570.64M. Leaf Hua Li, Futu‘s chairman and CEO, said, “In 2024, we added over 701 thousand paying clients, bringing the total number of paying clients to 2.4 million, a 41.0% year-over-year increase. In the fourth quarter, new paying clients increased by 39.1% quarter-over-quarter to 215 thousand, driven by sequential acceleration in client acquisition across all markets. Hong Kong emerged as the top contributor of new paying clients, thanks to our timely and effective marketing campaigns around different asset classes. In Singapore, we witnessed another quarter of both strong client growth and improving client quality. We continued to rapidly take market share in Malaysia thanks to an increasingly localized product experience and growing brand awareness and trust. In Japan, new paying clients returned to double-digit sequential growth as our superior U.S. stock trading experience was accentuated amid strong U.S. stock performance. Year to date, we continue to witness strong paying client growth and are guiding for 800 thousand net new paying clients in 2025.”