Futu Controls: 67.9% Internationalization Sustainability Among Asset Clients

FUTUI Corporation (NASDAQ:FUTU)Announces Unaudited Financial Report for the First Quarter of 2022:

Futu Q1 had a total revenue of US$2.1 (approximately HK$16.4 million), and a non-GAAP net profit of US$7940 million (approximately HK$6.2) under non-GAAP (Q1).

At the end of the quarter,Futu has a global user base of 18,10 million, covering more than 200 countries and regions,The number of clients with assets reached 132.6 million, an increase of 67.9% year-on-year.Internationalisation further accelerated, with over 80% of net asset customers growing in Q1 from Hong Kong, Singapore and other overseas markets.During the period, the customer retention rate reached 98.2%.

For one quarter, Futu continued to play a leading position in Hong Kong,Subsidiary Futu Securities International (Hong Kong Limited Company Honors Hong Kong Stock Exchange Grand Prize 20215 Awards, Futu cattle ring is home to the first major online investment community in Hong Kong.

Futu Singapore Pte, a subsidiary of Futu Singapore Pte, is expected to see overseas markets such as the United States and Singapore. LTD. HAS OBTAINED THE BASIC QUALIFICATION APPROVAL OF ALL MEMBERS OF THE SINGAPORE EXCHANGE (SGX) AND THE FINANCIAL ADVISOR LICENSE OF THE SINGAPORE MONETARY AUTHORITY (MAS),Become the first local tech broker to qualify as a full member of the new exchange.moomoo was selected for the USA Fintech Breakthrough Award and won the “Best Trading Platform 2022” award.

On March 8, 2022, Futu officially opened its doors in Australia.moomoo is constantly empowering Australian investors with outstanding products and services.

In terms of corporate services, Futui provides IPO distribution and IR services to 258 companies, and ESOP has signed contracts with 459 customers, a year-on-year growth of 129.5%. In Q1, more than 900 companies entered the Futu beef ring, Q1 added sales to 361and several well-known listed companies.

As of the first quarter, Futu Daifu has 64 partners with renowned financial institutions in the world, adding 5 in Q1. Year-end asset management standards reached HK$208.7 (approximately US$26.6), up 59.1% year-on-year. IN Q1, THE NUMBER OF WAREHOUSES WAS 17.4 MILLION, A YEAR-ON-YEAR INCREASE OF 194.3%.