Futu Holdings Limited announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. For Q4 2024, total revenues reached HK$4,432.5 million (US$570.6 million), an 86.8% increase year-over-year, while non-GAAP adjusted net income surged 105.4% to HK$1,952.3 million (US$251.3 million).
For the full year 2024, total revenues were HK$13,590.1 million (US$1,749.6 million), up 35.8% year-over-year, and non-GAAP adjusted net income increased 26.2% to HK$5,768.0 million (US$742.6 million). The company acquired over 701 thousand new paying clients in 2024, representing 127% of its full-year guidance, bringing total paying clients to 2.41 million, up 41% year-over-year.
Total client assets reached US$95.7 billion, a 53% increase year-over-year, and Q4 trading volume hit an all-time high of US$371.5 billion. Wealth management assets under management surpassed US$14 billion, nearly doubling compared to the end of 2023. Futu also provided 2025 guidance for 800 thousand net new paying clients.
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