Random things I learned from HOOD's Annual Report

• Using AI to break into wealth management business

• pending acquisition of TradePMR

• ARPU increased 53% from $80 -> $122. Damn. $122 on average per customer. Pretty good for a "free trading platform" lol

My marked up annual report:

https://drive.google.com/file/d/1JNs2y73YcLp7IcWCxuFkOqCFXFzfW8Av/view?usp=sharing