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Futu Holdings Ltd (FHL) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
Revenues8,027.63,310.81,061.6811.3311.7
            Revenue growth142.5%211.9%30.8%160.3% 
Cost of goods sold1,360.7696.0281.7249.6109.1
Gross profit6,666.92,614.9779.9561.7202.6
            Gross margin83.0%79.0%73.5%69.2%65.0%
Sales and marketing1,570.6385.3164.798.141.4
Research and development908.6513.3262.3151.195.5
General and administrative596.9248.4164.9103.857.3
EBITA833.11,654.4278.1304.728.5
            EBITA margin10.4%50.0%26.2%37.6%9.1%
Amortization of intangibles2.31.40.90.30.3
EBIT830.81,653.0277.2304.428.2
            EBIT margin10.3%49.9%26.1%37.5%9.0%
Pre-tax income408.41,450.6178.5200.83.4
Income taxes-1,173.3124.812.362.311.5
            Tax rate 8.6%6.9%31.0%339.8%
Earnings from continuing ops3,170.51,325.5143.236.9-55.8
Earnings from discontinued ops2,810.2    
Net income5,980.71,325.5143.236.9-55.8
            Net margin74.5%40.0%13.5%4.6%-17.9%
 
Diluted EPS$2.60$1.26$0.16$0.07($0.14)
Shares outstanding (diluted)1,219.71,050.1917.9511.5403.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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