Investments and investor services
Plus 500 upbeat on prospects after outperforming expectations in 2021
The board continues to expect that Plus500 will deliver sustainable growth over the medium to long term
Company
Plus500 Ltd
LON:PLUS
Plus500 is a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities and indices, alongside innovative trading technology. Plus500 is owned by Plus500UK Ltd. A UK based company with its main offices located in the city of London. The company is authorised and regulated by the Financial Services Authority (FSA) to offer Contracts For Difference (CFD). The company is a rapidly growing CFD provider in Europe and Asia and currently offers its portfolio of over 1000 instruments to over a million clients.
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Investments and investor services
Plus500 raises full-year expectations as activity continues at elevated levels
Although most of the key metrics were down a tad year-on-year they were massively higher than pre-pandemic numbers
Investments and investor services
Plus500 lifts guidance despite more stable market conditions in the third quarter
The group has been successful in bringing new customers on board this year
Investments and investor services
Plus500 profits drop as trading returns to more normal levels
Average revenues per user were US$1,307 over the period, compared to US$1,718 a year ago
Investments and investor services
Plus500 revenues drop as trading activity slows
Plus 500 added it had still seen healthy numbers of new customers sign up
Plus500 establishes foothold in US futures market with Cunningham acquisition
Cunnigham will provide the requisite licenses to operate in the US market
Investments and investor services
Plus500 sees 2021 earnings ahead of forecasts amid record active customers in first quarter
The stockbroking platform reported a 39% increase in active customers in its first quarter to 269,743, although revenues fell by a third
Investments and investor services
Plus500 confident on 2021 although monthly trading results remain volatile
Market conditions remain supportive for Plus 500's business
Investments and investor services
Plus500 plans share buyback following record year
The stock trading platform is planning to buy back US$25mln in shares after earnings in 2020 surged by 168%
Investments and investor services
Plus500 hails record performance for 2020, co-founder steps down
The FTSE 250 stockbroking platform said revenues for the year stood at US$872mln, ahead of its expectations, while customer income, its core focus, also reached record highs of US$997mln
Plus500: Jefferies sees "material upside" to forecasts as it moves to 'buy' on stock in the online trading platform
The broker has also increased its adjusted earnings per share estimate by 19% for 2020
Investments and investor services
Plus500 reiterates 2020 forecasts following significant growth in third quarter
In the three months to September 30, the online CFD, forex and crypto trading broker reported EBITDA of US$134.2mln, a 91% increase on the prior year, while revenues also soared 96% to US$216.4mln
Investments and investor services
Plus500 shares stumble despite boast of continued 'outstanding' trading
“While market conditions remain uncertain, macroeconomic and sector-specific newsflow continue to provide significant trading opportunities for customers,” the online broker said
Investments and investor services
Plus500 to become main sponsor of Italian football team Atalanta
The deal is the spread-betting platform's third sponsorship this year, following similar partnerships with BSC Young Boys Football Club in Switzerland and Legia Warsaw in Poland
Investments and investor services
Plus500 target hiked by Liberum following bumper interims
The broker said the company’s investments in its mobile and tablet offering were paying off and had supported gains in market share, while it expected the firm will also be in line for “significant tax credits” after its designation as a Pr
Investments and investor services
Plus500 higher as it unveils share buyback after blockbuster performance in first half
The spread-betting group reported unprecedented levels of new and active customers during the first six months of 2020, with client deposits jumping 254% to US$1.6bn
Investments and investor services
Plus500 to sponsor top Polish football club
The online contracts for difference (CFDs) broker will sponsor Legia Warsaw for the 2020/21 and 2021/22 seasons
Investments and investor services
Plus500 promotes interim boss to top job as half-year revenues soar
Revenue soared 74% as market volatility attracted high levels of customer trading
Investments and investor services
Plus500 sees revenue subtracted by clients' successful bets
High market volatility attracted record numbers of new customers in the first and second quarters
Investments and investor services
Plus500 jumps as market volatility drives revenues to record levels
The company said it had continued to see “a significantly increased level of customer trading activity” as well as further momentum into its second quarter