Moomoo: Profitable in Singapore, Expands Globally
Moomoo’s parent company Futu Holdings Ltd. (Futu), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q4 2023 earnings with US$303.8 million in revenues, up 4.1% year-over-year (“YoY”) and US$121.7 million in non-GAAP adjusted net income.
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Moomoo Singapore
For the year ended December 31, 2023, the Company recorded US$1.281 billion in revenues and US$585.1 million in non-GAAP adjusted net income, representing a YoY increase of 31.4% and 45.9%, respectively.
The leading retail brokerage, achieves profitability in Singapore, with significant growth in high-net-worth clients and industry recognition.
It expands offerings in US and AU, garnering praise and awards for its innovative platform and investment tools.
In Singapore, Moomoo records profit and AUM growth, winning the Best Retail Broker Award and supporting community initiatives.
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In the US, it collaborates with CBOE for index options and updates its Cash Sweep program, earning accolades at the Global FinTech Awards.
In Australia, it receives the Online Broker Rising Star title, introduces new features, and launches Cash Plus wealth management solution.
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