"...democratizing finance"

Robinhood Markets, publicly traded as $HOOD, is a revolutionary mobile brokerage and is soon to become a banking ecosystem. 

I greatly believe in the future of Robinhood, as it continues to execute and innovate, being more than just a "meme trading app."

It is currently my most profitable investment, and will continue to hold. Here is the thesis why:

Wealth Transfer

With the Great Wealth Transfer of $37+ trillion, fee-free, simple, and mobile brokerage services, such as Robinhood, are shaping the future of personal finance now and over the next few decades.

Robinhood's key to capturing the transfer of wealth lies in where heirs invest their inheritance.

• Gen X and Millennials make up 70% of Robinhood's users

• +750,000 new funded users in Q2 2025 (+2.3M YoY; 26.5M total users)

• $279B platform assets

Fundamentals

In its 2024 Q4 Earnings, $HOOD reported over $1 billion in revenue and $613 million in EBITDA for the first time. The company's Q4 growth is partly due to the post-election increase in volumes, the release of new products to active traders such as Robinhood Legend, and the expansion of crypto offerings (not to mention the gradual release of the Robinhood Gold Credit Card).

In Q1 2025, Robinhood still reported $470 million EBITDA. In addition, total platform assets surpassed $200 billion, reaching $221 billion TPA (+70% YoY), with $18 BILLION net deposits in Q1 alone. Furthermore, Robinhood Gold, a $5/mo subscription that unlocks 4% APY interest on brokerage cash, deposit bonuses (including IRA 3% matches), and other features, now has 3.19 million users, which equates to $191.4 million in recurring annual revenue. 

Another beautiful quarter for Robinhood (Q2 2025). Some powerful highlights: $549M adjusted EBDITA (53% margin over the last 12 months), $386M net income ($1.8 over the last 12 months), total platform assets (TPA) just under $280B, continue to add Gold subscribers with a 13.1% adoption rate in Q2, now with 3.48M subscribers resulting in $208.8M in recurring annualized revenue. Keep in mind, Robinhood has added 1.5M Gold subscribers in the last 12 months, nearly half. In addition, $HOOD expanded to 30 European countries in Q2 and introduced tokenization. You can view the full Q2 2025 earnings presentation here.

The fundamentals are there, Robinhood is now a profitable company that is scaling, and fast.

Bullish execution

Robinhood continues to execute unlike anything I have ever seen. In March 2025, at the second Gold Event, new products were announced on the platform. One in particular,  "Robinhood Strategies."

Now, investors can receive and fund an expert-tailored portfolio by answering questions about their financial goals and risk tolerance.

Over time, customers can quickly check the app and view insights about how experts adjusted their portfolios. Users can simulate their future appreciation of their current portfolio and how deposit changes impact wealth generation. In these managed portfolios, users can toggle specific stocks on and off, taking advantage of market movements with a mix of ETFs and stocks. 

However, one of the most impactful aspects of Robinhood Strategies is the COST.

You can traditionally expect a management fee of 1% of AUM annually, which accumulates over time. With Robinhood Strategies, once AUM reaches $100,000, the management fee is capped at $250 per year, regardless of whether you have $100,000 or $50 million (only if you're a Robinhood Gold member).