How did FUTU's revenue and expenses trend in Q4 2024 compared to previous quarters?

Futu Holdings (FUTU) demonstrated a significant increase in revenue in Q4 2024 compared to the previous quarter and the same period in the previous year. Here's a detailed analysis: 1. **Quarterly Revenue Trend**: - In Q4 2024, FUTU's revenue was $570.64 million. - In Q3 2024, the revenue was $442.27 million. - In Q4 2023, the revenue was $303.84 million. - This indicates a strong seasonal performance or strategic growth initiatives, as the revenue has increased by approximately 88% from Q4 2023 to Q4 2024 and by approximately 29% from Q3 2024 to Q4 2024. |code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code| |---|---|---|---|---|---|---| |FUTU|FUTU.O|Futu Holdings|2024 Q1|3.3126656276097E8||185| |FUTU|FUTU.O|Futu Holdings|2024 Q2|4.007256386861E8||185| |FUTU|FUTU.O|Futu Holdings|2024 Q3|4.4227045986704E8||185| |FUTU|FUTU.O|Futu Holdings|2024 Q4|5.7063842823552E8||185| |code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code| |---|---|---|---|---|---|---| |FUTU|FUTU.O|Futu Holdings|2023 Q4|3.0383976292964E8||185| |FUTU|FUTU.O|Futu Holdings|2024 Q1|3.3126656276097E8||185| |FUTU|FUTU.O|Futu Holdings|2024 Q2|4.007256386861E8||185| |FUTU|FUTU.O|Futu Holdings|2024 Q3|4.4227045986704E8||185| |code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code| |---|---|---|---|---|---|---| |FUTU|FUTU.O|Futu Holdings|2023 Q1|3.1845667364648E8||185| |FUTU|FUTU.O|Futu Holdings|2023 Q2|3.1709966379E8||185| |FUTU|FUTU.O|Futu Holdings|2023 Q3|3.3846030136105E8||185| |FUTU|FUTU.O|Futu Holdings|2023 Q4|3.0383976292964E8||185| 2. **Yearly Revenue Growth**: - The year-over-year growth in revenue from Q4 2023 to Q4 2024 was approximately 88%. - This substantial increase suggests that FUTU may have experienced a strong annual performance, potentially due to favorable market conditions or successful business expansion. |code|Ticker|Name|Date|Total Expenses YoY|Total Revenue YoY|market_code| |---|---|---|---|---|---|---| |FUTU|FUTU.O|Futu Holdings|2023 Q4||3.9323948107246833|185| |FUTU|FUTU.O|Futu Holdings|2024 Q1||4.0224903965147485|185| |FUTU|FUTU.O|Futu Holdings|2024 Q2||26.3721424036203|185| |FUTU|FUTU.O|Futu Holdings|2024 Q3||30.671295300671392|185| 3. **Quarterly Expenses**: - The expenses for Q4 2024 are not provided, which makes it difficult to analyze the expense trend for this quarter. - However, the QoQ growth rate in expenses from Q3 2024 to Q4 2024 is not given, which could indicate that either the expenses remained stable or there was no significant quarter-over-quarter growth in expenses. 4. **Implications**: - The significant revenue growth in Q4 2024 compared to Q3 2024 and Q4 2023 suggests that FUTU has been successful in generating more income, potentially due to increased market activity, new product offerings, or improved operational efficiency. - The absence of information on expenses in Q4 2024 prevents a full assessment of the company's profitability for this period. However, the year-over-year revenue growth of approximately 88% is a strong indicator of FUTU's financial performance in this quarter. In conclusion, FUTU's revenue has shown strong growth in Q4 2024 compared to previous quarters, which is a positive sign for the company's financial performance and suggests that it may have been successful in capturing market opportunities or executing strategic initiatives during this period.