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.
 
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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.
  
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.

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

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.

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.

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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Futu Holdings whose combined shares represent less than 50% of the total outstanding shares issued by Futu Holdings have a minority interest in Futu Holdings.
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 Profit5.5B6.3B7.6B7.9B
Total Revenue6.7B7.3B9.1B9.6B

Futu Holdings income statement Correlations

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Futu Holdings Account Relationship Matchups

Futu Holdings income statement Accounts

201920202021202220232024 (projected)
Interest Expense89.2M185.1M376.9M292.5M336.4M353.2M
Selling General Administrative164.9M248.4M529.0M931.1M1.3B1.4B
Total Revenue972.3M3.1B6.7B7.3B9.1B9.6B
Gross Profit690.6M2.4B5.5B6.3B7.6B7.9B
Operating Income178.0M1.5B3.2B3.5B5.0B5.3B
Net Income From Continuing Ops165.7M1.3B2.8B2.9B4.4B4.6B
Ebit178.0M1.5B3.2B3.5B5.0B5.3B
Cost Of Revenue281.7M696.0M1.2B996.1M1.5B1.6B
Total Operating Expenses320.1M616.5M1.9B2.4B4.1B4.3B
Income Before Tax178.5M1.5B3.2B3.4B5.0B5.3B
Total Other Income Expense Net543K(14.8M)(2.8B)(210.3M)19.9M20.9M
Net Income Applicable To Common Shares143.2M1.3B2.8B2.9B3.4B3.5B
Net Income165.7M1.3B2.8B2.9B4.3B4.5B
Income Tax Expense12.3M124.8M375.1M414.0M748.5M785.9M
Tax Provision12.3M124.8M375.1M414.0M789.1M828.5M
Net Interest Income375.7M780.5M2.1B2.9B3.4B3.5B
Interest Income464.9M965.6M2.5B3.2B3.7B3.9B
Depreciation And Amortization66.1M79.8M120.1M149.6M171.2M179.8M
Selling And Marketing Expenses164.7M385.3M1.4B895.8M690.1M512.4M
Other Operating Expenses320.1M616.5M1.9B1.6B4.1B4.3B
Ebitda244.1M1.5B3.3B3.6B5.2B5.4B
Reconciled Depreciation66.1M79.8M120.1M149.6M171.2M94.2M

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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.