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eToro Reports Strong Q1 on Back of Increased Trading Activity, But Shares Plunge by 12%
- eToro reported a net income of $60 million for Q1 2025, showing strong financial results due to increased trading activity and user engagement.
- The company's net contribution for Q1 increased by 8% to $217 million, driven by heightened trading activity across global markets.
- eToro CFO, Meron Shani, attributed the improved performance to increased trading activity and sustainable growth strategies.
- CEO Yoni Assia highlighted the informed and connected nature of retail investors in 2025 and the company's focus on empowering them for sustainable growth.
- Despite reaching an all-time high, eToro shares fell nearly 12% post their debut earnings announcement, related to rising costs and compressed margins.
- During Q1, eToro expanded into offering futures in Europe and options in the UK, obtained a MiCA permit for EU-wide services, and added stocks from Abu Dhabi and Hong Kong exchanges.
- eToro now provides trading options across over 130 crypto assets and extended trading hours for stocks and ETFs to 24/5 trading.
- Funded accounts increased by 14% year on year to 3.58 million, with $16.9 billion in Assets under Administration as of May 31, 2025.
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