eToro Reports Remarkable Q1 2025 Financials, Showcasing Robust Growth
On June 10th, eToro, a popular online trading platform, announced its financial results for the frist quarter of 2025. The report highlights significant growth across its various services, from investing to wealth management and crypto trading.
The company’s net contribution rose by 8% year-over-year to $217 million.This growth is attributed to increased user activity worldwide. Net income reached $60 million, while adjusted EBITDA stood at $80 million. These figures reflect eToro’s strong operational performance.
Funded accounts grew by 14% to 3.58 million. Assets under administration increased by 21% to $14.8 billion compared to Q1 2024.The company ended the quarter with $736 million in cash and short-term investments.
eToro expanded its product offerings. It added 40 new crypto assets and extended trading hours for certain stocks and ETFs. The platform also launched futures in Europe and options in the UK. On the investing side, it introduced stocks from Abu Dhabi and Hong kong, expanded Smart Portfolio options, and enabled recurring investments.
In wealth management, eToro integrated Australian fintech Spaceship and enhanced its UK ISA product. The company also grew its neo-banking services,allowing crypto-to-fiat transfers and virtual local bank accounts.
eToro CEO Yoni Assia sees this quarter as a testament to the platform’s strength. As of May, eToro’s assets reached $16.9 billion,with 3.61 million funded accounts.The strong performance comes just after eToro’s IPO in may, wich raised $620 million.
