As the Israel-headquartered online trading platform eToro has grown in size and popularity, so have their operating expenses. From around 38 million U.S. dollars in 2016, the company's operating costs have grown every year since to reach 220 million U.S. dollars in 2020. eToro's revenue growth has not kept pace with this increase, leading to eToro's EBITDA declining in the years since 2018.
Operating expenses of eToro from 2016 to 2020
(in million U.S. dollars)
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eToro. (March 16, 2021). Operating expenses of eToro from 2016 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1262766/etoro-operating-expenses/
eToro. "Operating expenses of eToro from 2016 to 2020 (in million U.S. dollars)." Chart. March 16, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1262766/etoro-operating-expenses/
eToro. (2021). Operating expenses of eToro from 2016 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1262766/etoro-operating-expenses/
eToro. "Operating Expenses of Etoro from 2016 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 16 Mar 2021, https://www.statista.com/statistics/1262766/etoro-operating-expenses/
eToro, Operating expenses of eToro from 2016 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1262766/etoro-operating-expenses/ (last visited November 21, 2024)
Operating expenses of eToro from 2016 to 2020 (in million U.S. dollars) [Graph], eToro, March 16, 2021. [Online]. Available: https://www.statista.com/statistics/1262766/etoro-operating-expenses/