Futu Historical Income Statement
| FUTU Stock | USD 86.33 2.57 3.07% |
Historical analysis of Futu Holdings income statement accounts such as Total Revenue of 9.6 B or Gross Profit of 7.9 B can show how well Futu Holdings performed in making a profits. Evaluating Futu Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Futu Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Futu Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Futu Holdings is a good buy for the upcoming year.
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About Futu Income Statement Analysis
Futu Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Futu Holdings shareholders. The income statement also shows Futu investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Futu Holdings Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Futu Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Futu Holdings minus its cost of goods sold. It is profit before Futu Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Futu Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Futu Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Futu Holdings income statement and represents the costs associated with goods and services Futu Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from Futu Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Futu Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Futu Stock please use our How to Invest in Futu Holdings guide.At this time, Futu Holdings' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 5.3 B in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 512.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.5B | 6.3B | 7.6B | 7.9B | Total Revenue | 6.7B | 7.3B | 9.1B | 9.6B |
Futu Holdings income statement Correlations
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Futu Holdings Account Relationship Matchups
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Futu Holdings income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 89.2M | 185.1M | 376.9M | 292.5M | 336.4M | 353.2M | |
| Selling General Administrative | 164.9M | 248.4M | 529.0M | 931.1M | 1.3B | 1.4B | |
| Total Revenue | 972.3M | 3.1B | 6.7B | 7.3B | 9.1B | 9.6B | |
| Gross Profit | 690.6M | 2.4B | 5.5B | 6.3B | 7.6B | 7.9B | |
| Operating Income | 178.0M | 1.5B | 3.2B | 3.5B | 5.0B | 5.3B | |
| Net Income From Continuing Ops | 165.7M | 1.3B | 2.8B | 2.9B | 4.4B | 4.6B | |
| Ebit | 178.0M | 1.5B | 3.2B | 3.5B | 5.0B | 5.3B | |
| Cost Of Revenue | 281.7M | 696.0M | 1.2B | 996.1M | 1.5B | 1.6B | |
| Total Operating Expenses | 320.1M | 616.5M | 1.9B | 2.4B | 4.1B | 4.3B | |
| Income Before Tax | 178.5M | 1.5B | 3.2B | 3.4B | 5.0B | 5.3B | |
| Total Other Income Expense Net | 543K | (14.8M) | (2.8B) | (210.3M) | 19.9M | 20.9M | |
| Net Income Applicable To Common Shares | 143.2M | 1.3B | 2.8B | 2.9B | 3.4B | 3.5B | |
| Net Income | 165.7M | 1.3B | 2.8B | 2.9B | 4.3B | 4.5B | |
| Income Tax Expense | 12.3M | 124.8M | 375.1M | 414.0M | 748.5M | 785.9M | |
| Tax Provision | 12.3M | 124.8M | 375.1M | 414.0M | 789.1M | 828.5M | |
| Net Interest Income | 375.7M | 780.5M | 2.1B | 2.9B | 3.4B | 3.5B | |
| Interest Income | 464.9M | 965.6M | 2.5B | 3.2B | 3.7B | 3.9B | |
| Depreciation And Amortization | 66.1M | 79.8M | 120.1M | 149.6M | 171.2M | 179.8M | |
| Selling And Marketing Expenses | 164.7M | 385.3M | 1.4B | 895.8M | 690.1M | 512.4M | |
| Other Operating Expenses | 320.1M | 616.5M | 1.9B | 1.6B | 4.1B | 4.3B | |
| Ebitda | 244.1M | 1.5B | 3.3B | 3.6B | 5.2B | 5.4B | |
| Reconciled Depreciation | 66.1M | 79.8M | 120.1M | 149.6M | 171.2M | 94.2M |
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Additional Tools for Futu Stock Analysis
When running Futu Holdings' price analysis, check to measure Futu Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.