Online trading platform eToro delivered strong financial results for the first quarter of 2025, fueled by heightened user engagement and increased trading activity.
In its June 10 earnings release, the company reported solid growth across core segments, including investing, wealth management, and crypto services. Net contribution rose 8% year-over-year to $217 million, reflecting expanding momentum across global markets.
$ETOR … Surprise… EToro Group (ETOR) reported Q1 net income Tuesday of $0.69 per diluted share, down from $0.76 a year earlier.
Total revenue and income for the quarter ended March 31 was $3.76 billion, up from $3.38 billion a year earlier.
Analyst estimates were not… pic.twitter.com/vyZWPoObtn
— Marty Chargin (@MartyChargin) June 10, 2025
Profitability also improved, with net income reaching $60 million under Generally Accepted Accounting Principles (GAAP), which accounts for all operating expenses and taxes. Operational performance was further underscored by $80 million in adjusted EBITDA, a figure that excludes non-cash charges and irregular expenses such as acquisitions and marketing campaigns.
Growth in user metrics contributed to the quarter’s strong performance. Funded accounts increased by 14% year-over-year to 3.58 million, while assets under administration surged 21% to $14.8 billion compared to the same period in 2024. The firm ended the quarter with $736 million in cash, cash equivalents, and short-term investments, underscoring its healthy liquidity position.
Product expansion played a key role in sustaining momentum. During the first quarter, 40 new cryptocurrencies were added to the platform, trading hours were extended for select stocks and ETFs, and futures trading was launched across Europe, alongside options trading in the UK. On the investment side, the company introduced stocks from the Abu Dhabi and Hong Kong exchanges, enhanced its Smart Portfolio lineup, and rolled out recurring investment features for stocks, ETFs, and crypto assets.
Reflecting on the results, CEO Yoni Assia described the quarter as a testament to long-term strength, noting that today’s retail investor is “informed and connected.” As of the end of May, total assets had climbed to $16.9 billion, with funded accounts rising to 3.61 million.
The momentum carried into the company’s public market ambitions. Its initial public offering (IPO) exceeded expectations, securing $620 million ahead of its debut on the Nasdaq Global Select Market under the ticker symbol ETOR.
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