eToro said total operating expenses included a non-cash charge of $63 million in stock-based compensation for eToro employees related to the merger with FTCV, which “largely” contributed to a net loss of $84 million in Q4. eToro posted an adjusted EBITDA loss of $24 million in Q4.
Related posts
-
Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US
Professor Wang Yang, vice president for institutional advancement and... -
Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance
An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross... -
Nycrypto Labs raises $800k to launch Tidus, a crypto everything app
This app will be the first multi-chain, multi-layer, non-custodial wallet to offer in-app lending, borrowing, swapping,...