(CNBC) Unlike many recent IPOs, Robinhood was profitable last year, generating a net income of $7.45 million on net revenue of $959 million in 2020, versus a loss of $107 million on $278 million in 2019, according to Robinhood’s S-1 filing with the Securities and Exchange Commission.
Robinhood has 18 million accounts with $80 billion in assets after rapid growth, IPO filing shows
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