eToro Group Ltd 6-K, filed Aug 12, 2025

eToro Group Ltd. (ETOR)

6-K 2025-08-12 For: 2025-08-12

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Added on April 12, 2026

About this 6-K

eToro Group Ltd filed this 6-K on August 12, 2025.

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Exhibit Number		Description of Exhibit
99.1		Press Release dated August 12, 2025, titled “eToro Reports Second Quarter 2025 Results”

		ETORO GROUP LTD.
		(Registrant)

Date:	August 12, 2025	By:	/s/ Jonathan Alexander Assia
			Name:	Jonathan Alexander Assia
			Title:	Chief Executive Officer

	June 30		December 31
	2025		2024
	Unaudited		Unaudited
Assets
Current assets:
Cash and cash equivalents		987,860		575,395
Restricted cash		330		314
Short-term investment		200,000		65,000
Counterparties		271,179		224,867
Cryptoassets		102,074		113,279
Receivable from omnibus accounts		10,047		50,466
Other receivables and prepaid expenses		62,518		46,005
		1,634,008		1,075,326
Non-current assets:
Restricted cash		11,485		11,630
Right of use assets		41,885		44,406
Property and equipment, net		5,147		5,007
Goodwill and other intangible assets, net		45,053		46,346
Deferred taxes		12,296		8,647
		115,866		116,036

Total Assets		1,749,874		1,191,362

Liabilities and equities
Current liabilities:
Accounts payable		3,574		4,201
Current maturities of long-term lease liabilities		5,682		4,758
Payable to users		145,458		103,493
Accrued expenses and other payables		212,223		193,115
		366,937		305,567
Non-current liabilities:
Employee benefit liabilities, net		1,367		1,253
Other long-term liabilities		14,967		5,653
Long-term lease liabilities		45,566		43,546
Deferred taxes liabilities		2,356		2,968
		64,256		53,420
Equity attributable to equity holders of the company:
Common share premium		1,260,068		474,469
Preferred share premium		–		397,019
Treasury shares		–		(2,625	)
Advanced Investment Agreement		9,091		9,091
Other capital reserve		6,832		1,868
Retained Earnings (Accumulated deficit)		42,690		(47,447	)
		1,318,681		832,375
Total liabilities and equity		1,749,874		1,191,362

	Three months ended					Six months ended
	June 30					June 30
	2025			2024		2025		2024
	Unaudited			Unaudited		Unaudited		Unaudited

Revenue and income:
Net trading income from equities, commodities and currencies		114,042			83,234		210,879		156,332
Revenue from cryptoassets		1,914,792			1,640,154		5,415,592		4,933,274
Net trading income (loss) from cryptoassets derivatives		(8,407	)		53,614		68,644		(3,153	)
Net interest income from users		43,874			50,214		96,492		99,532
Currency conversion and other income		22,503			17,695		46,414		39,098
Other interest income		7,431			3,939		11,595		7,287
Total revenue and income		2,094,235			1,848,850		5,849,616		5,232,370

Costs:
Cost of revenue from cryptoassets		1,877,089			1,672,726		5,405,942		4,846,492
Margin interest expense		7,517			9,366		16,676		18,016
Research and development		38,853			34,771		75,474		67,937
Selling and marketing		52,578			39,863		113,800		77,205
General, administrative and operating costs		76,270			55,622		125,772		111,664
Finance and other expenses, net		6,309			262		5,792		1,190
Total costs		2,058,616			1,812,610		5,743,456		5,122,504

Income before taxes on income		35,619			36,240		106,160		109,866
Taxes on income		5,434			5,653		16,023		15,169
Net income		30,185			30,587		90,137		94,697

Other comprehensive income, net:
Items that may be reclassified subsequently to profit or loss:
Cash flow hedges, net of tax		7,193			–		4,964		–
Other comprehensive income for the year, net of tax		7,193			–		4,964		–

Total comprehensive income		37,378			30,587		95,101		94,697

Basic net income per share		0.38			0.41		1.16		1.26
Diluted net income per share		0.31			0.35		0.95		1.10

Weighted-average shares of common shares used to compute net income per share attributable to common shareholders:
Basic		80,274,455			75,117,027		78,007,877		75,093,651
Diluted		97,003,106			86,644,652		94,595,653		86,760,659

	Three months ended						Six months ended
	June 30						June 30
	2025			2024			2025			2024
	Unaudited			Unaudited			Unaudited			Unaudited
Cash flows from operating activities:
Net income		30,185			30,587			90,137			94,697
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Adjustments to profit or loss items:
Depreciation, amortization and impairment		2,988			2,852			5,999			5,442
Share-based payment		3,545			9,045			7,832			17,936
Evaluation of liabilities		7,483			–			9,314			–
Revaluation of fair value of cryptoassets and counterparties		(29,795	)		8,476			22,035			6,472
Non-cash revenue from staking and blockchain rewards		(8,031	)		(2,709	)		(16,754	)		(6,586	)
Non-cash costs from staking and blockchain rewards		5,672			1,660			11,519			4,101
Finance and other expenses, net		6,309			262			5,792			1,190
Taxes on income, net		5,434			5,653			16,023			15,169
		(6,395	)		25,239			61,760			43,724
Changes in asset and liability items:
Decrease (Increase) of counterparties		(7,767	)		37,294			(76,002	)		(30,006	)
Decrease of cryptoassets		4,171			8,957			17,325			761
Decrease (Increase) of other receivables and prepaid expenses		(582	)		10,542			(7,611	)		(4,885	)
Decrease (Increase) of restricted cash		259			(586	)		135			(663	)
Decrease of accounts payable		(10,433	)		(13,064	)		(11,103	)		(21	)
Increase (Decrease) of user and omnibus accounts, net		24,704			(9,135	)		73,605			29,707
Increase (Decrease) of accrued expenses and other payables		21,770			(12,051	)		2,017			(374	)
Increase (Decrease) of employee benefit liabilities, net		66			(40	)		37			(479	)
		32,188			21,917			(1,597	)		(5,960	)
Interest received (paid), net during the period		7,127			(873	)		8,094			(2,108	)
Taxes paid, net during the period		(2,159	)		(4,919	)		(7,716	)		(7,519	)
Net cash provided by operating activities		60,946			71,951			150,678			122,834

Cash flows from investing activities:
Increase of short-term investments		(124,000	)		--			(135,000	)		--
Increase of long-term investments		(500	)		--			(500	)		--
Purchase of property and equipment		(759	)		(14	)		(1,281	)		(1,726	)
Purchase of intangible assets		(336	)		(248	)		(393	)		(248	)
Net cash used in investing activities		(125,595	)		(262	)		(137,174	)		(1,974	)

Cash flows from financing activities:
Exercise of options		3,153			150			3,433			361
Repayment of lease liability		(1,071	)		(1,064	)		(2,218	)		(1,973	)
Issuance of class A common share upon initial public offering, net of underwriting discounts, commissions and other issuance costs		378,818			--			378,818			--
Net cash provided by (used in) financing activities		380,900			(914	)		380,033			(1,612	)

Exchange differences on balances of cash and cash equivalents		11,549			(449	)		18,928			(4,028	)

Increase in cash and cash equivalents		327,800			70,326			412,465			115,220

Cash and cash equivalents at beginning of period		660,060			433,228			575,395			388,334

Cash and cash equivalents at end of period		987,860			503,554			987,860			503,554