Plus500 LTD
PLUS
ISIN IL0011284465 / Valor 21930038
Plus500 LTD
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About company
Plus500 LTD is a prominent global online brokerage firm that specializes in offering contracts for difference (CFDs) across a wide array of financial instruments, including equities, indices, commodities, and forex. The company operates through multiple subsidiaries, each regulated by leading financial authorities such as the Monetary Authority of Singapore, the Financial Conduct Authority in the UK, the Australian Securities and Investments Commission, and others, ensuring adherence to diverse regional regulatory standards. Plus500 provides its proprietary trading platform to retail clients worldwide, granting access to major market indices like the S&P 500, Dow Jones Industrial Average, and ASX 200. However, it restricts the availability of cryptocurrency CFDs for certain client categories in specific jurisdictions. Headquartered in Cyprus, Plus500 maintains a robust international presence through offices in various countries, enabling it to serve a broad client base effectively.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (06.04.2026):
Plus500 LTD — FY 2024 results (year ended 31 December 2024; includes Q4 2024): the company reported strong full‑year results driven by customer growth and strategic investments, with revenue of $768.3m (+6% YoY), EBITDA $342.3m (margin 45%), and basic EPS $3.57 (+13% YoY). Management announced additional shareholder returns of $200.0m (share buybacks $110.0m and dividends $90.0m) and reiterated a positive outlook for 2025, in line with market expectations.
Top‑line and profitability
Revenue: $768.3m (+6% YoY); Trading income $711.6m and interest income $56.7m. EBITDA was $342.3m (≈+1% YoY) with a 45% margin (down from 47% in 2023) as the Group increased strategic investments in marketing technology.
Earnings per share and cash
Basic EPS rose to $3.57 (+13%). Balance sheet remains strong with $890.0m cash and no debt at 31 Dec 2024; equity was $644.3m and total assets $991.8m.
Shareholder returns
New shareholder returns announced of $200.0m: $110.0m buybacks and $90.0m dividends (total $1.2238 per share). Plus500 highlighted cumulative shareholder returns since IPO of c.$2.5bn and continued a policy to return at least 50% of net profits.
Customer and operational momentum
New Customers 118,010 (+30% YoY) and Active Customers 254,138 (+9%). Total customer trades ≈56m (+>20% YoY), ARPU $3,023 (‑3%), Average deposit per active customer ≈$12,000 (record), and total customer deposits $3.0bn (record).
Investments and cost profile
SG&A rose to $432.2m driven by higher marketing technology spend ($171.8m) and increased employee-related costs; ~70% of costs remain variable, giving flexibility to scale spend with performance.
Growth in non‑OTC and US futures strategy
Non‑OTC (futures & share dealing) contributed ~10% of revenue and ~15% of new customers in FY 2024. Significant progress in the US futures market: record retail onboarding, B2B launch of “Plus500 Cosmos”, and a clearing membership with ICE Clear US.
Geographic expansion and licences
Launched multi‑asset OTC offering in Japan (Jan 2025) and obtained a UAE SCA licence (Jan 2025), taking the Group’s regulatory licences to 14 — supporting localised product rollout and market expansion.
Outlook
The Board expects FY 2025 performance to be in‑line with consensus (Bloomberg: FY25 revenue $719.2m, EBITDA $331.3m) and remains confident in the Group’s multi‑asset roadmap and cash‑generative model to drive medium‑term growth.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4243 M
Market cap (USD)
66,970
Daily traded volume (Shares)
26.72 / 26.42
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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