Plus500: Expansion plans pay off as revenue jumps Fintech Fintech firm Plus500 said its expansion plans were paying off after reporting an increase in client numbers and higher revenue.
Volatility and new markets help Plus500 to ‘excellent’ first half Investing Plus500, the spread betting and CFD provider, has reported an “excellent” start to its financial year. For the year to 30th June, the company reported revenue of $398.2m (£307m) up eight per cent year on year. The company also reported earnings before interest, tax, deprecation and amortisation (EBITDA) of $183.9m (£142m) for the period, up [...]
Plus500 on track despite distracted Euro 2024 traders slowing activity Business Retail trading platform Plus500 has weathered the Euros storm and expects to deliver results in line with markets expectations.
Plus500 expects to outperform market expectations after strong start to 2024 April 16, 2024 The London-Israeli firm saw a 13 per cent jump in new customers compared to the same quarter last year, although the number of active customers dipped two per cent.
Plus500 plotting deals spree as it readies £138m payout to shareholders February 20, 2024 Retail trading platform Plus500 topped market expectations and announced plans to put $175m back in shareholders pockets today despite a squeeze on revenues and profits over the past year.