Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Bitcoin News»eToro Reports Strong Q1 on Back of Increased Trading Activity, But Shares Plunge by 12%
    Bitcoin News

    eToro Reports Strong Q1 on Back of Increased Trading Activity, But Shares Plunge by 12%

    FintechFetchBy FintechFetchJune 11, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    eToro reported a net income of $60 million for Q1 2025 on 10 June 2025, posting robust financial results due to strong user engagement and a significant uptick in trading activity across its global markets. eToro’s net contribution for Q1 increased by 8%, reaching $217 million.

    eToro ~ $ETOR Q1/25

    For the first quarter of 2025, eToro reports a net contribution of $217 million, an 8% increase from the previous year. The main reason for this increase is the increased trading activity of users 📶

    — Wede (@RichardWedekin1) June 11, 2025

    Meron Shani, eToro CFO said, “Our results show strong business performance for Q1 with an increase in net contribution driven by increased trading activity and our continued focus on sustainable, profitable growth.”

    “The retail investor of 2025 is informed and connected, and we’re encouraged to see their trading behavior enabling them to benefit from market opportunities,” said Yoni Assia, CEO and Co-founder of eToro. “As a global community that empowers retail investors, we are well-positioned to drive sustainable growth and profitability over time, creating further value for our shareholders.”

    DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

    eToro shares fall nearly 12% Yesterday

    However, eToro shares fall nearly 12% after debut earnings show rising costs and compressed EBIDTA margins. Interestingly, the company’s shares surged to a new all-time high on 10 June 2025. But the trend reversed quickly as the stock hit an intraday low.  After opening at $79.96, the day closed at $66.96 on Tuesday.

    eToro

    Source: eToro group 

     

    $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

    DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year

    eToro Launched Futures In Europe, Options In UK In Q1

    The company said that it continues to expand and develop the range of assets and tools users need to trade the global markets. In the first quarter, eToro launched futures in Europe and options in the UK. In Q1, eToro was granted a MiCA permit by CySec, which enables EU wide services for the company.

    Furthermore, eToro added stocks from the Abu Dhabi and Hong Kong stock exchanges and now offers users the ability to invest in companies listed on more than 20 of the world’s leading exchanges.

    With the addition of 40 more tokens, eToro offers trading in over 130 crypto assets. The Company also extended trading hours by offering a number of stocks and ETFs for 24/5 trading.

    eToro’s Funded accounts increased 14% year on year to 3.58 million compared to 3.13 million in the first quarter of 2024. The company said that as of 31 May 2025 it had 3.61 million funded accounts and $16.9 billion in Assets under Administration.

    DISCOVER: Best Meme Coin ICOs to Invest in 2025

    Key Takeaways

    • eToro reported robust financial results due to strong user engagement and a significant uptick in trading activity across its global markets.

    • The company’s shares surged to a new all-time high on 10 June 2025. But the trend reversed quickly as the stock hit an intraday low.

     

     

    The post eToro Reports Strong Q1 on Back of Increased Trading Activity, But Shares Plunge by 12% appeared first on 99Bitcoins.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleETH Futures Open Interest Hits New ATH, Exceeding $41B
    Next Article Starbucks Is Hiring a ‘Coffee-Obsessed’ Content Creator
    FintechFetch
    • Website

    Related Posts

    Bitcoin News

    Bitcoin Price Dips Below $101K After U.S. Airstrike in Iran

    June 22, 2025
    Bitcoin News

    Iran Response to US Bombing: Bitcoin Recovers As WW3 Looms

    June 22, 2025
    Bitcoin News

    Why is The US Market Closed Today? What is Juneteenth National Independence Day?

    June 21, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    How Trade Uncertainty is Driving a Global Supply Chain Diversification Initiative: By Dmytro Spilka

    May 10, 2025

    Elaine Heng to Lead OCBC Global Commercial Banking from 1 October

    May 28, 2025

    GreenTech Hub Launched by HKSTP in Hong Kong to Meet Rising Sustainability Demands

    March 12, 2025

    Femtech CEO on Leadership: Don’t ‘Need More Masculine Energy’

    May 11, 2025

    TON Crypto Soars After BlackRock Backs Telegram In $1.5B Bond Sale: What’s Next?

    May 29, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Is Bitcoin (BTC) Poised for a New ATH After Surging Past $94K? (Analysts Weigh in)

    April 23, 2025

    Housing market affordability is so stretched that home turnover hits a 40-year low  

    April 14, 2025

    Free Webinar | April 16: How to Cultivate, Grow and Monetize Your Social Audience

    April 2, 2025
    Our Picks

    Best Crypto to Buy as States Embrace $BTC Reserves

    June 23, 2025

    Inside AI Assisted Software Development and why tools are not enough (Part 1): By John Adam

    June 22, 2025

    Housing market map: Zillow just released its updated home price forecast for 400-plus housing markets

    June 22, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.