Golden Finance reports that eToro, which successfully went public on Nasdaq in May this year, recently released its financial performance report for the first quarter of 2025. Many impressive data have come to light, demonstrating its strong business development momentum.
eToro performed outstandingly in key financial indicators. Net income (GAAP) reached 60 million US dollars, and adjusted earnings before interest, taxes, depreciation and amortization (non-GAAP) was 80 million US dollars. This profit level demonstrates the company’s good operating condition and cost control ability. From the perspective of user account data, the number of physical cash accounts increased by 14% year-on-year, reaching 3.58 million. This growth trend reflects that eToro has achieved remarkable results in attracting investors and its market influence is continuously expanding.
In terms of asset management scale, eToro has also achieved significant growth. The assets under management increased by 21% year-on-year, reaching 14.8 billion US dollars. This indicates that more investors have entrusted their funds to eToro for management, which indirectly reflects the market’s recognition of its investment management capabilities. Meanwhile, as of March 31, 2025, the company held a cash, cash equivalents and short-term investment scale of 736 million US dollars, which provided a solid financial guarantee for the company’s business expansion and operational stability.
In the field of crypto asset trading services, eToro continues to make efforts in innovation. Currently, eToro offers trading services for over 130 types of crypto assets, greatly enriching the range of choices for investors. In the highly competitive cryptocurrency trading market, a rich variety of trading products can attract users with different investment preferences and meet diverse investment needs. Not only that, eToro has also extended trading hours. This move further enhances the convenience of users’ trading, enabling investors to participate in the trading of crypto assets within a more flexible time frame and strengthening the platform’s competitiveness in the market.
eToro has also expanded the cryptocurrency position rebate function, incorporating DOT and ATOM. The holding rebate function can motivate investors to hold specific crypto assets for the long term. This time, including DOT and ATOM in the rebate scope not only reflects eToro’s acute capture of popular crypto assets in the market, but also brings additional returns to investors holding these two crypto assets, which helps to enhance users’ loyalty to the platform.
Looking back on eToro’s development journey, since its establishment in 2007, it has been constantly delving into and innovating in the field of fintech. Starting with online foreign exchange trading services, it has gradually developed into a comprehensive social investment platform integrating various financial assets such as stocks, funds, foreign exchange, commodities and cryptocurrencies. Through the unique social investment function, users can share their personal opinions and investment portfolios with each other. This innovative model has attracted the attention of many investors around the world. In recent years, eToro’s crypto asset business has become a powerful engine for its growth. In 2024, net trading revenue from crypto assets reached 12.147 billion US dollars, accounting for the vast majority of total revenue.
With the continuous development and maturation of the cryptocurrency market, eToro, with its rich product line, innovative service functions and stable financial position, is expected to achieve even more outstanding results in the future. For investors, the continuous development of eToro has also provided them with more diversified investment channels and a better investment experience. In the future, whether eToro can further expand its market share and continuously enhance its profitability deserves close attention from all market participants.
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