Interest in Plus500 Ltd (LSE:PLUS) interims will be centred around its various strategic developments, including US retail futures, expansion into Japan and plans to become a market infrastructure provider in the US.
The half-year results currently are not likely to contain many big surprises on the financial side as the online broker provided a relatively detailed update last month.
This pointed to underlying profits (EBITDA) for the half-year of US$174 million, based on total revenue of US$369 million.
"There are several interesting strategic developments at Plus500 currently," said analyst Stuart Duncan at Peel Hunt, pointing to Japan, the US retail futures and institutional markets.
"These should remain in focus over the coming year, as should their potential impact on future revenue expectations."
Any investors from earlier this year will hope the shares get a boost after losing a quarter of their value from February's five year high.
Despite Plus500 having delivered a solid underlying performance and strong shareholder returns, Duncan flagged that there has been little change in the multiple that the stock trades – with a EV/EBITDA ratio remaining around four times after a period of share price underperformance and he rates the shares a 'buy'.