Tag: full year

plus500 revenue
January 08, 2024 BY Simon Mugo

Plus500’s FY Revenues Rise to $725M, Beating Expectations

The positive outcome contrasts with earlier projections, as Plus500 initially anticipated ending the year with revenue and EBITDA in line with market expectations, set at $645 million and $300 million, respectively. The brokerage emphasised the resilience of its balance sheet, noting its robust nature, with cash balances reaching approximately $900 million at the close of…

Read more