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Online brokerage eToro Group Ltd. reported stronger-than-expected second-quarter results in its first earnings release since listing publicly. Adjusted diluted earnings per share rose to $0.56, beating the $0.50 consensus estimate, as active trading lifted revenue-linked metrics across the platform. Adjusted EBITDA climbed 31% from a year earlier to $72 million, while adjusted net income increased to $54.2 million from $44.2 million. Net contribution, a measure of revenue after direct client costs, advanced 26% to $210 million. The Israel-based firm said assets under administration jumped 54% to $17.5 billion, supported by a 14% rise in funded accounts to 3.63 million. The figures underscore continued retail engagement with equities, cryptocurrencies and other asset classes on eToro’s multi-asset platform. Shares of ETOR traded modestly higher after the results were published ahead of an earnings call scheduled for 08:30 a.m. New York time.
