Overview
- Net contribution reached $215 million, up 28% from a year earlier.
- Adjusted EBITDA rose 43% to $78 million, while GAAP net income increased about 48% to $57 million.
- Assets under administration climbed 76% year over year to $20.8 billion, and funded accounts ended the quarter at 3.73 million after adding roughly 100,000 in Q3.
- KBW said stronger crypto trading and higher net interest income exceeded forecasts and offset softer results in equities, commodities and currencies.
- eToro authorized a $150 million share repurchase, including a planned $50 million accelerated buyback, as October metrics showed AUA at $20.5 billion and funded accounts at 3.76 million, reflecting short-term volatility.