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 Business 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.
After a difficult 2023, outlook for online trading platforms brightens as retail investors return January 8, 2024 A number of trading platforms recorded exceptionally good years in 2021 and 2022 as people locked at home during Covid with nothing to spend money on took a punt on an increasingly volatile market.
Plus500 share price rises after trading surge helps firm end 2023 on a high note January 8, 2024 Across the year as whole, the fintech announced around $350m in shareholder returns, split between dividends and share buybacks.
Plus500: Shares jump as fintech firm closes in on higher targets October 24, 2023 Israeli fintech firm Plus500 said it was on track to hit a recently ramped up set of targets today after revenues rose over the summer on the back of a high-value customer boost.
Odey: Plus500 shares spike as it claws back $100m from beleaguered hedge fund June 13, 2023 Shares in London-listed fintech firm Plus500 have surged today after the firm revealed it would buy back some £100m worth of shares from beleaguered hedge fund Odey Asset Management. Odey AM has been rocked in recent days after founder Crispin Odey was accused of sexual assault by numerous women in an investigation by the Financial [...]
Plus500 set to sail past targets as profit hits £369m October 11, 2022 Trading firm Plus500 said it expected to sail past profit guidance for the year today on the back of surge in trading activity as investors looked to profit from market volatility.
Plus500 launches $60.2m share buyback after jump in profits August 17, 2022 FTSE 250 fintech firm Plus500 said its profits had surged to $312.6m in the first six months of the year as it unveiled a bumper buyback programme to put excess cash back in shareholders’ pockets. Bosses said pre-tax profits had jumped to $312.6m in the six months to the end of June, up from $188.7m [...]