Robinhood reported its smallest quarterly profit in a year on Tuesday, highlighting the retail brokerage’s lingering exposure to retail traders whose engagement has shown signs of cooling alongside a sharp downturn in cryptocurrency prices.

The company disclosed a first-quarter profit of $346 million, or $0.38 per share, compared to $336 million a year ago. Representing a 3% year-over-year increase, the performance fell slightly short of analysts’ expectations of a $0.39 gain per share for the firm.

Robinhood indicated that revenue clocked in at $1.07 billion, a performance that the company attributed to “double-digit growth across equities and options, and record volumes for prediction markets, futures, and index options” in an…