$FUTU didn't just beat 2021 Q1 estimates, they SMASHED them 💥
Q1 revenues up 349% YoY to $283.6M (estimates: $218M)
Gross profit up 372% YoY to $226.6M
Gross margins: 79.9%
Net Income up 630% YoY to $149.5M (estimates: $107.2M)
Net income margins: 52.7%
Q1 revenues up 349% YoY to $283.6M (estimates: $218M)
Gross profit up 372% YoY to $226.6M
Gross margins: 79.9%
Net Income up 630% YoY to $149.5M (estimates: $107.2M)
Net income margins: 52.7%
Margin financing up 469% YoY
Trading volume up 277% YoY and 85% QoQ
Client assets up 367% YoY and 62% QoQ
Paying clients up 231% YoY
Wealth management up 188% YoY
static.newsfilter.io/e944a50d3f0a7c…
Trading volume up 277% YoY and 85% QoQ
Client assets up 367% YoY and 62% QoQ
Paying clients up 231% YoY
Wealth management up 188% YoY
static.newsfilter.io/e944a50d3f0a7c…
$FUTU should be a $175+ stock in the next few weeks based on these numbers.
To be honest $FUTU should be a $275+ stock in the next couple weeks based on these numbers but the fact this company is based in Hong Kong does hurt them.
To be honest $FUTU should be a $275+ stock in the next couple weeks based on these numbers but the fact this company is based in Hong Kong does hurt them.
Nonetheless this company is putting up growth numbers that I've never seen before.
$FUTU will remain my second largest position 🚀
$FUTU will remain my second largest position 🚀
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