Moomoo's Parent Company Futu Releases Q1 2025 Results

Moomoo's Parent Company Futu Releases Q1 2025 Results

Net Income up 98% YoY to US$285 million

Futu’s Q1 Revenue Receives Massive Boost as Trading Volume Skyrockets

US-listed Futu (Nasdaq: FUTU), which operates an online brokerage platform, closed the first quarter of 2025 with an 81.1 per cent year-on-year increase in revenue to US$603.4 million. Its gross profit also jumped 85.9 per cent to US$507.2 million, while net income rose 107 per cent to US$275.4 million.A Solid Push in Trading DemandThe company's financials strengthened over the past year, fuelled by improved operational metrics.As highlighted in…