eToro (ELOR) Climbs 20% on Earnings Buyout, Buyback Hike

Core Viewpoint - eToro Group Ltd. (NASDAQ:ETOR) has demonstrated strong financial performance, leading to a significant increase in share prices and an expansion of its share buyback program [1][5]. Financial Performance - eToro's net income increased by 12% to $215.7 million in 2024, up from $192.38 million [2]. - Total revenues rose by 9.5% to $13.8 billion, compared to $12.6 billion in the previous year [2]. - In Q4, net income surged by 16% to $68.7 million from $59.2 million, despite a 33% decline in revenues to $3.87 billion from $5.8 billion [2]. Business Model and Strategy - The CFO highlighted the resilience of eToro's multi-asset business model, which has been supported by diversified revenue streams and disciplined financial management [3]. - eToro is positioned for accelerated growth in 2026, with strong capital markets KPIs and a robust balance sheet [4]. Share Buyback Program - eToro announced an increase in its share buyback program by $100 million, raising the total to $250 million, with $100 million already spent [5].