From Yahoo Finance: 2025-05-14 14:42:00

eToro reported $931 million in commissions in 2024 with net income of $192 million, driven by a surge in crypto trading. The company raised $310 million in its IPO, trading at $68 per share on Nasdaq, above its $52 IPO price. Chime is also expected to go public soon.

Shares of eToro surged on its first day of trading, raising $310 million in proceeds. The stock traded around $68, slightly below the $70 opening price but up over 30% from its $52 IPO price. eToro’s 2024 commissions were $931 million with a net income of $192 million.

eToro attempted to go public in 2021 but the deal fell through. Chime, another fintech firm, is planning an IPO. The IPO trend in the fintech space continues, with eToro’s successful debut following the rise of several other firms towards public listings.

Read more: Online Trading Platform eToro Stock Jumps on IPO Day