eToro Group Ltd
NASDAQ:ETOR
eToro Group Ltd
eToro Group Ltd is a IL-based company operating in Capital Markets industry. eToro Group Ltd is an Israel-based company. The firm is primarily engaged in operation of eToro, a social investment network and platform. On the eToro platform, users can view other investors’ portfolios and statistics, as well as interact with them to exchange ideas, discuss strategies and benefit from shared knowledge. Users are offered a choice of various asset classes to invest in, including traditional assets, such as equities, currencies or commodities alongside new assets, such as Bitcoin and Ethereum, and may pursue a variety of investment strategies. eToro users can trade directly, copy the trades of other investors (by using eToro CopyTrader) or invest in a portfolio on the eToro platform.
eToro Group Ltd is a IL-based company operating in Capital Markets industry. eToro Group Ltd is an Israel-based company. The firm is primarily engaged in operation of eToro, a social investment network and platform. On the eToro platform, users can view other investors’ portfolios and statistics, as well as interact with them to exchange ideas, discuss strategies and benefit from shared knowledge. Users are offered a choice of various asset classes to invest in, including traditional assets, such as equities, currencies or commodities alongside new assets, such as Bitcoin and Ethereum, and may pursue a variety of investment strategies. eToro users can trade directly, copy the trades of other investors (by using eToro CopyTrader) or invest in a portfolio on the eToro platform.
Strong Q4 Performance: eToro reported a robust fourth quarter with net contribution up 6% sequentially to $227 million and adjusted EBITDA up 11% quarter-over-quarter to $87 million, reflecting disciplined cost management.
Solid Growth in Key KPIs: Funded accounts grew 9% year-over-year to 3.81 million, and assets under administration (AUA) increased 11% year-over-year to $18.5 billion, driven by record net deposits and higher customer retention.
AI-Driven Innovation: Management emphasized that eToro is now an "AI-first" company, using AI to accelerate product development, improve efficiency, and launch new tools like AI-powered smart portfolios and an upcoming app store.
Expanded Product & Market Reach: eToro broadened its crypto and equities offerings, surpassed 150 supported crypto assets, and is moving toward offering 24/7 trading across more asset classes, with significant growth in non-U.S. stock trading volumes.
Marketing Investment to Accelerate Growth: eToro plans to increase marketing spend from 21% to 25% of net contribution in 2026 to drive double-digit funded account growth, especially targeting expansion in the U.S. and new markets.
Shareholder Returns: The company repurchased $59.5 million in shares in Q4, announced an additional $100 million buyback authorization, and now has $1.3 billion in cash and equivalents, supporting both buybacks and potential M&A.
Diversified Model Cushions Crypto Weakness: Despite a 72% year-over-year drop in crypto trading contribution, strong performance in equities and commodities offset crypto softness, highlighting the benefits of eToro's multi-asset platform.
