Trading platform eToro reported stronger-than-expected fourth-quarter profit, supported by solid performance across stocks, crypto, and other investment assets.
The company’s adjusted earnings reached 71 cents per share, surpassing analysts’ forecasts of 63 cents. Its assets under administration also rose 11% year-on-year to $18.5 billion, reflecting continued growth in user activity.
Market conditions helped drive performance during the quarter. U.S. equities climbed as interest rate cuts boosted investor confidence, though crypto market volatility made some traders cautious after Bitcoin posted its sharpest monthly decline since 2021 in November.
eToro highlighted the resilience of its multi-asset model, which allows users to invest across different markets from a single platform.
Despite the earnings beat, net contribution fell 10% to $227 million due to higher costs linked to crypto operations and margin interest expenses.
The fintech sector continues to attract younger investors with lower fees and accessible platforms, increasing competition with traditional financial institutions.
