NASDAQ : ETOR
eToro Group Ltd. — Financial statements
Financials · Capital Markets · Israel
Last price 22.51 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.79B
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Financial statements
eToro Group Ltd. (ETOR) reported revenue of 11.98B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 248.78M | 243.48M | 213.83M | 167.34M | 79.57M | |
| Total Interest Expense | 39.59M | 41.26M | 39.16M | 28.15M | 23.24M | 27.17M |
| Net Interest Income | 209.19M | 202.22M | 174.67M | 139.20M | 56.33M | -27.17M |
| Trading & Principal Transactions | 604.20M | 523.39M | 197.98M | 242.75M | 612.01M | 972.60M |
| Other Revenue | 11.17B | 13.07B | 12.23B | 3.48B | 5.64B | |
| Revenue | 11.98B | 13.80B | 12.60B | 3.86B | 6.31B | 945.43M |
| Salaries & Employee Benefits | 1.72M | 1.72M | 1.41M | 2.30M | ||
| Cost of Services Provided | 11.65B | 13.52B | 12.35B | 3.83B | 6.51B | 1.21B |
| Other Operating Expenses | 6.70M | 6.70M | -2.95M | 4.77M | 518.00K | |
| Total Operating Expenses | 11.66B | 13.53B | 12.35B | 3.83B | 6.51B | 1.21B |
| Operating Income | 321.84M | 265.31M | 251.99M | 23.98M | -201.18M | -267.82M |
| Currency Exchange Gains | -1.01M | -1.01M | -5.09M | 3.75M | -5.27M | |
| Other Non-Operating Income (Expenses) | 1.52M | |||||
| EBT Excluding Unusual Items | 320.82M | 264.29M | 246.90M | 27.73M | -206.46M | -266.30M |
| Merger & Restructuring Charges | -8.41M | |||||
| Other Unusual Items | -10.89M | -10.89M | -1.28M | |||
| Pretax Income | 309.93M | 253.40M | 245.62M | 27.73M | -214.87M | -266.30M |
| Income Tax Expense | 48.49M | 37.70M | 53.24M | 12.47M | 117.00K | -593.00K |
| Net Income | 261.44M | 215.70M | 192.38M | 15.26M | -214.98M | -265.70M |
| Net Income to Common | 261.44M | 215.70M | 192.38M | 15.26M | -214.98M | -265.70M |
| Shares Outstanding (Basic) | 85.96M | 83.50M | 75.60M | 73.73M | 37.55M | 35.01M |
| Shares Outstanding (Diluted) | 94.25M | 95.13M | 85.30M | 82.82M | 37.55M | 35.01M |
| EPS (Basic) | 3.04 | 2.58 | 2.54 | 0.21 | -5.73 | -7.59 |
| EPS (Diluted) | 2.78 | 2.27 | 2.26 | 0.18 | -5.73 | -7.59 |
| Free Cash Flow | 303.57M | 313.40M | 266.21M | 111.41M | 343.61M | |
| Free Cash Flow Per Share | 3.22 | 3.29 | 3.12 | 1.34 | 9.15 | |
| Operating Margin | 2.69% | 1.92% | 2.00% | 0.62% | -3.19% | -28.33% |
| Profit Margin | 2.18% | 1.56% | 1.53% | 0.40% | -3.41% | -28.10% |
| Free Cash Flow Margin | 2.53% | 2.27% | 2.11% | 2.89% | 5.45% | |
| Effective Tax Rate | 15.65% | 14.88% | 21.68% | 44.98% | ||
| Revenue as Reported | 12.02B | 13.84B | 12.64B | 3.89B | 6.33B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 945.92M | 1.07B | 575.39M | 388.33M | 284.58M | 259.59M |
| Other Receivables | 75.42M | 58.13M | 80.58M | 41.90M | 32.72M | 126.07M |
| Property, Plant & Equipment | 35.80M | 49.23M | 49.41M | 38.22M | 44.02M | 37.25M |
| Goodwill | 18.68M | 18.68M | 7.44M | 7.44M | ||
| Other Intangible Assets | 65.17M | 24.53M | 27.67M | 23.38M | 25.91M | 6.13M |
| Investments in Debt & Equity Securities | 267.31M | 202.69M | 65.00M | |||
| Restricted Cash | 696.00K | 329.00K | 314.00K | 322.00K | 2.45M | 2.27M |
| Other Current Assets | 389.79M | 341.65M | 354.04M | 280.60M | 1.98B | 688.92M |
| Long-Term Deferred Tax Assets | 11.55M | 11.78M | 8.65M | 9.42M | 9.93M | 12.53M |
| Other Long-Term Assets | 26.55M | 11.69M | 11.63M | 10.55M | 10.18M | 2.16M |
| Total Assets | 1.82B | 1.79B | 1.19B | 800.16M | 2.40B | 1.13B |
| Accounts Payable | 3.04M | 4.43M | 4.20M | 1.25M | 8.62M | 8.21M |
| Accrued Expenses | 250.91M | 146.92M | 142.20M | 102.10M | 75.86M | 175.19M |
| Short-Term Debt | 7.00M | 295.88M | ||||
| Current Portion of Leases | 6.54M | 5.98M | 4.76M | 3.25M | 3.33M | 2.53M |
| Other Current Liabilities | 157.47M | 116.82M | 103.49M | 41.24M | 1.75B | 38.72M |
| Long-Term Leases | 28.46M | 48.48M | 43.55M | 33.21M | 35.53M | 31.93M |
| Long-Term Deferred Tax Liabilities | 4.32M | 4.66M | 2.97M | 2.68M | 3.31M | |
| Other Long-Term Liabilities | 3.00M | 5.65M | ||||
| Total Liabilities | 454.75M | 396.76M | 358.99M | 202.60M | 1.89B | 553.55M |
| Additional Paid-In Capital | 1.30B | 1.27B | 474.47M | 433.90M | 364.41M | 232.91M |
| Retained Earnings | 304.13M | 168.25M | -47.45M | -239.83M | -255.09M | -57.64M |
| Comprehensive Income & Other | 12.92M | 14.53M | 10.96M | 9.09M | 250.00M | |
| Total Common Equity | 1.36B | 1.39B | 435.36M | 200.54M | 359.32M | 175.27M |
| Shareholders' Equity | 1.36B | 1.39B | 832.38M | 597.56M | 515.43M | 581.38M |
| Total Liabilities & Equity | 1.82B | 1.79B | 1.19B | 800.16M | 2.40B | 1.13B |
| Total Debt | 35.01M | 54.46M | 48.30M | 36.46M | 45.86M | 330.34M |
| Net Cash (Debt) | 910.91M | 1.02B | 527.09M | 351.88M | 238.72M | -70.75M |
| Net Cash Per Share | 9.66 | 10.70 | 6.18 | 4.25 | 6.36 | -2.02 |
| Filing Date Shares Outstanding | 81.71M | 82.85M | 25.49M | 25.15M | 37.55M | 31.46M |
| Total Common Shares Outstanding | 81.71M | 82.85M | 25.49M | 25.15M | 37.55M | 31.46M |
| Working Capital | 993.85M | 1.13B | 704.76M | 546.26M | 458.80M | 556.32M |
| Book Value Per Share | 16.69 | 16.83 | 17.08 | 7.97 | 9.57 | 5.57 |
| Tangible Book Value | 1.30B | 1.35B | 389.01M | 169.72M | 325.97M | 169.14M |
| Tangible Book Value Per Share | 15.89 | 16.31 | 15.26 | 6.75 | 8.68 | 5.38 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 261.44M | 215.70M | 192.38M | 15.26M | -214.98M | |
| Depreciation & Amortization, Total | 13.31M | 12.78M | 11.34M | 11.15M | 12.96M | |
| Stock-Based Compensation | 18.71M | 16.14M | 27.15M | 66.14M | 127.13M | |
| Change in Accounts Payable | -4.71M | -2.40M | 2.22M | -7.52M | 4.11M | |
| Change in Other Net Operating Assets | -98.05M | 31.30M | 38.95M | 26.02M | 355.16M | |
| Other Operating Activities | 119.85M | 44.53M | -3.45M | -326.00K | 62.60M | |
| Operating Cash Flow | 310.75M | 318.25M | 268.58M | 111.83M | 346.98M | |
| Capital Expenditures | -7.17M | -4.84M | -2.37M | -425.00K | -3.37M | |
| Cash Acquisitions | -15.55M | -609.00K | -20.44M | |||
| Sale (Purchase) of Intangibles | -647.00K | -635.00K | -546.00K | -996.00K | -864.00K | |
| Investment in Securities | -69.51M | -138.06M | -65.00M | |||
| Other Investing Activities | -250.00K | |||||
| Investing Cash Flow | -92.88M | -143.54M | -68.53M | -1.42M | -24.92M | |
| Long-Term Debt Issued | 7.00M | |||||
| Short-Term Debt Repaid | -296.07M | |||||
| Long-Term Debt Repaid | -4.57M | -4.12M | -10.45M | -3.13M | ||
| Lease Payments | -5.26M | -4.57M | -4.12M | -3.45M | -3.13M | |
| Total Debt Repaid | -5.26M | -4.57M | -4.12M | -10.45M | -299.21M | |
| Net Debt Issued (Repaid) | -5.26M | -4.57M | -4.12M | -10.45M | -292.21M | |
| Issuance of Common Stock | 11.36M | 384.07M | 929.00K | 2.34M | 829.00K | |
| Repurchase of Common Stock | -248.66M | -59.55M | -2.62M | |||
| Financing Cash Flow | -242.56M | 319.95M | -3.19M | -10.74M | -291.38M | |
| Foreign Exchange Rate Adjustments | -17.25M | 2.59M | -9.80M | 4.07M | -8.65M | |
| Net Cash Flow | -41.94M | 497.25M | 187.06M | 103.75M | 22.03M | |
| Free Cash Flow | 303.57M | 313.40M | 266.21M | 111.41M | 343.61M | |
| Free Cash Flow Margin | 2.53% | 2.27% | 2.11% | 2.89% | 5.45% | |
| Free Cash Flow Per Share | 3.22 | 3.29 | 3.12 | 1.34 | 9.15 | |
| Free Cash Flow After Leases | 298.31M | 308.83M | 262.09M | 107.96M | 340.48M | |
| Cash Income Tax Paid | 18.86M | 18.43M | 14.57M | -1.21M | 3.73M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.79B | 2.94B | ||||
| Last Close Price | 22.57 | 35.13 | ||||
| PE Ratio | 8.13 | 13.63 | ||||
| PS Ratio | 0.15 | 0.21 | ||||
| PB Ratio | 1.35 | 2.11 | ||||
| P/FCF Ratio | 5.91 | 9.38 | ||||
| P/OCF Ratio | 5.78 | 9.24 | ||||
| Debt / Equity Ratio | 0.03 | 0.04 | 0.06 | 0.06 | 0.09 | 0.57 |
| Debt / FCF Ratio | 0.12 | 0.17 | 0.18 | 0.33 | 0.13 | |
| Net Debt / Equity Ratio | -0.67 | -0.73 | -0.63 | -0.59 | -0.46 | 0.12 |
| Net Debt / FCF Ratio | -3.00 | -3.25 | -1.98 | -3.16 | -0.69 | |
| Asset Turnover | 6.72 | 9.25 | 12.65 | 2.41 | 3.57 | 1.14 |
| Quick Ratio | 2.44 | 3.30 | 2.15 | 2.61 | 0.17 | 0.74 |
| Current Ratio | 3.38 | 4.30 | 3.31 | 4.31 | 1.25 | 2.07 |
| Return on Equity (ROE) | 19.50% | 19.37% | 26.91% | 2.74% | -39.20% | -54.93% |
| Return on Assets (ROA) | 14.66% | 14.46% | 19.32% | 0.95% | -12.16% | -31.89% |
| Return on Invested Capital (ROIC) | 19.33% | 19.39% | 26.06% | 2.21% | -27.32% | -40.51% |
| Earnings Yield | 12.30% | 7.33% | ||||
| FCF Yield | 16.91% | 10.66% | ||||
| Buyback Yield / Dilution | -97.09% | -11.53% | -2.99% | -120.58% | -7.25% | 6.86% |