eToro's net income increased almost thirteenfold last year to $192.4 million from $15.3 million in 2023. The company has also seen a significant increase in revenue from cryptocurrency trading, which accounted for a growing percentage of its total trading revenue.
Founders
Yoni Assia, Ronen Assia, David Ring
Company Description
eToro is a stock and cryptocurrency trading platform that generates revenue through trading-related fees and non-trading activities such as withdrawals. The company has seen significant growth in its cryptocurrency business, with revenue from crypto assets tripling in 2024.