EToro Files for IPO Showing Commissions Jumped 46% Last Year
This article is for subscribers only.
EToro Group Ltd. filed for an initial public offering, disclosing revenue and net income that soared last year.
The trading and investment platform brought in a total commission of $931 million in 2024, with net income of $192 million, according to a filing Monday with the US Securities and Exchange Commission. That compares with a commission of $639 million, a 46% increase, and net income of $15.3 million the prior year.