Futu Holdings Limited (FUTU)

Futu Holdings Income Statement

Financials in millions HKD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,101	10,008	7,614	7,115	3,311	1,062
Revenue Growth (YoY)	19.22%	31.45%	7.01%	114.91%	211.88%	30.84%
Cost of Revenue	1,716	1,536	996.13	1,206	695.95	281.7
Gross Profit	8,385	8,472	6,618	5,909	2,615	779.85
Selling, General & Admin	2,169	2,024	1,827	1,921	633.72	329.55
Research & Development	1,421	1,441	1,222	805.33	513.28	262.35
Operating Expenses	3,590	3,465	3,049	2,726	1,147	591.9
Operating Income	4,795	5,007	3,569	3,183	1,468	187.96
Other Expense / Income	-64.75	-22.47	228	-2.48	17.55	10.01
Pretax Income	4,860	5,030	3,341	3,185	1,450	177.95
Income Tax	732.42	748.48	413.96	375.08	124.79	12.29
Net Income	4,128	4,281	2,927	2,810	1,326	165.66
Preferred Dividends	0	0	0	0	0	22.51
Net Income Common	4,128	4,281	2,927	2,810	1,326	143.16
Net Income Growth	16.36%	46.28%	4.15%	112.01%	825.91%	287.57%
Shares Outstanding (Basic)	1,103	1,105	1,139	1,201	1,037	833
Shares Outstanding (Diluted)	1,114	1,120	1,151	1,220	1,050	918
Shares Change	-1.34%	-2.73%	-5.63%	16.14%	14.41%	79.44%
EPS (Basic)	30.08	31.04	20.56	18.72	10.24	1.36
EPS (Diluted)	29.52	30.56	20.32	18.40	10.08	1.28
EPS Growth	18.27%	50.39%	10.43%	82.54%	687.50%	128.57%
Free Cash Flow	-	-6,415.16	3,384	5,942	20,412	1,851
Free Cash Flow Per Share	-	-46.45	23.76	39.58	157.49	17.78
Gross Margin	83.01%	84.65%	86.92%	83.05%	78.98%	73.46%
Operating Margin	47.47%	50.03%	46.87%	44.73%	44.34%	17.71%
Profit Margin	40.86%	42.78%	38.44%	39.50%	40.04%	13.49%
Free Cash Flow Margin	-	-64.10%	44.45%	83.50%	616.53%	174.38%
Effective Tax Rate	15.07%	14.88%	12.39%	11.78%	8.60%	6.90%
EBITDA	-	5,201	3,491	3,305	1,530	244.05
EBITDA Margin	-	51.97%	45.84%	46.46%	46.21%	22.99%
Depreciation & Amortization	-	171.21	149.65	120.13	79.78	66.1
EBIT	4,860	5,030	3,341	3,185	1,450	177.95
EBIT Margin	48.11%	50.26%	43.88%	44.77%	43.81%	16.76%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).