EPS And EBITDA PerformanceEToro Group reported an adjusted EPS beat driven by higher net interest contribution and crypto contribution combined with lower expenses.
Product ExpansionThe flurry of product releases should help monetize the base, including 24/5 trading, US access to over 110 Crypto assets, Tori (AI Analytics), and the 4% stock back eToro card.
Stock BuybackETOR announced a new $150MM stock repurchase plan which is viewed as a positive given current valuation relative to the growth and margin profile of the business.