Plus500 (LON: PLUS) shares have climbed on Monday, adding around 4.3% to trade near 3,916p, after the online trading group posted record first-half results and unveiled fresh shareholder returns of $182.5m.
The multi-asset fintech reported revenue of $462.9m for the six months to 30 June, up 12% year-on-year and a three-year high for the period, while Customer Income rose 24% to $460.8m — a five-year high.
EBITDA grew a more modest 1% to $187.5m, reflecting higher customer acquisition spend. Active customers rose 10% to 197,294, and new customers grew 17% to 65,723.
Chief Executive David Zruia said the period marked a “genuine step-change” for the group’s US business, highlighting the launch of its CFTC-regulated prediction markets offering, including sports contracts, and the introduction of single stock futures.
The non-OTC division, which now accounts for around 15% of group revenue, grew turnover by roughly 30% and is on track for annualised revenue of about $140m this year. New B2B tie-ups with Wealthsimple and Nelogica add to existing partnerships with CME Group, FanDuel and Topstep, while the OTC business expanded into Canada and Latin America and launched 24/5 trading on stocks and ETFs.
Today’s returns comprise a new $100m buyback and $82.5m in dividends, equivalent to $1.2001 per share, lifting total distributions since Plus500’s 2013 IPO to approximately $3.1bn — a track record the company says makes it the best-performing stock in the FTSE All-Share on a total return basis over that period.
Plus500 said FY2026 revenue and EBITDA remain in line with market expectations, following earlier upgrades.
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