Robinhood Markets Inc - Ordinary Shares - Class A

**Strong Financial Performance**: Robinhood reported a 36% year-over-year revenue growth in Q3, with total revenues reaching $637 million. Adjusted EBITDA nearly doubled to $268 million, reflecting robust operational efficiency and a 42% EBITDA margin. Year-to-date revenues have already surpassed last year's total of $1.9 billion.

**Record Net Deposits and AUC**: The company achieved over $10 billion in net deposits for the third consecutive quarter, bringing total net deposits to $34 billion for the year, surpassing the previous record of $31 billion in 2020. Assets under custody (AUC) reached a record $152 billion, a 76% increase year-over-year.

**Expansion of Product Offerings**: Key new product launches include Index Options, Futures, and the Robinhood Legend platform. The latter received immediate interest, with 1,000 signups in just 40 seconds during launch. These products are expected to capture more market share from retail traders and drive incremental revenue.