eToro Group Ltd. (ETOR) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.559 Thank you, everyone, for joining eToro's second quarter 2025 earnings call. 00:00:05.559 -- 00:00:09.906 My name is Daniel Mir, head of global investor relations. 00:00:09.906 -- 00:00:14.974 Here with me today are Yoni Asya, founder and chief executive officer, 00:00:14.974 -- 00:00:18.179 and Mehran Shani, chief financial officer. 00:00:18.179 -- 00:00:23.266 This morning at 7 a.m. Eastern Time, eToro released its second quarter 00:00:23.266 -- 00:00:25.748 2025 results. 00:00:25.748 -- 00:00:30.740 In the Investors section of our website, you will find the earnings press release and 00:00:30.740 -- 00:00:34.709 presentation to accompany today's discussion. 00:00:34.709 -- 00:00:39.721 This webcast is being recorded and will be available for replay in the Investors section 00:00:39.721 -- 00:00:41.358 of our website. 00:00:41.358 -- 00:00:46.345 Yoni and Miron will offer opening remarks and then open the webcast to Q&A. 00:00:46.345 -- 00:00:51.393 During the Q&A portion of the webcast, we will answer live questions from 00:00:51.393 -- 00:00:56.621 publishing research analysts and we'll address a selection of the most upvoted questions 00:00:56.621 -- 00:01:00.526 previously submitted by eToro's shareholders. 00:01:00.526 -- 00:01:05.794 As a reminder, today's webcast will contain forward-looking statements, which relate 00:01:05.794 -- 00:01:10.400 to our financial outlook and market positioning, among other items. 00:01:10.400 -- 00:01:15.632 Such forward-looking statements are not guarantees of future performance. 00:01:15.632 -- 00:01:20.523 Actual results may differ materially from these expressed or implied in the forward-looking 00:01:20.523 -- 00:01:25.574 statements due to a variety of factors. These factors are discuss...