Tag: Plus500

plus500 revenue
July 12, 2022 BY Steffy Bogdanova

Plus500 reports Q2 revenue jump of 68% YoY, US trading platform to launch in H2

Plus500’s CEO, David Zruia, commented: Plus500 continued to outperform in the first half of 2022, supported by positive momentum achieved in recent years and by the power of our market-leading proprietary technology. The Group continued to deliver outstanding levels of returns to shareholders during the period, through both recent $60.0m dividend payments and our most…

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plus500 revenue
May 16, 2022 BY Steffy Bogdanova

Plus500 anticipates to surpass market expectations for FY22

Plus500 stated: The Group's strong performance so far in FY 2022 has also been driven by the development of new proprietary technologies and product offerings, which will deliver growth and drive expansion and diversification across new geographies. London-listed broker made significant steps in its global expansion. Plus500 entered Japanese trading market with the acquisition of…

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plus500 revenue
April 12, 2022 BY Steffy Bogdanova

Plus500 revenue grows 68% in Q1 2022 to $270.9 million

Customer growth and expansion During the first three months of the year, the London-listed broker onboarded 33,740 new customers. This is marginally higher than the previous quarter, when the number of customers fell but 62% lower than the Q1 2021. Plus500 also reported 176,642 active traders on its platform. The average revenue per user increased…

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March 18, 2022 BY Steffy Bogdanova

Plus500 announces changes to its Board, Varda Liberman joins as a non‐executive director

Prof. Jacob A. Frenkel, Chair of Plus500, commented: We are delighted to be welcoming Prof. Liberman to our Board. Having worked with a number of major international organisations over the years, she brings a significant experience and knowledge of corporate strategy, management decision-making and behavioral economics. Her views and perspectives will provide fresh dynamic to…

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Plus500
February 15, 2022 BY Steffy Bogdanova

Plus500 revenue surges 75% in Q4 2021

David Zruia, the CEO at Plus500, said: Plus500 delivered another excellent operational and financial performance in 2021 and we made significant progress with our strategic roadmap to develop our position as a leading global multi-asset fintech group. With the Group having further strengthened its strategic position during 2021, and with a positive start to the…

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Plus500
February 14, 2022 BY Steffy Bogdanova

Plus500 secures Estonian license from FSA

The FSA said: The company will have the right under the authorisation to accept securities orders and to send them, to execute securities orders in the name of clients or in its own name, and to trade with securities on its own account. The ancillary services to investment services give the company the right to…

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Plus500
January 10, 2022 BY Steffy Bogdanova

Plus500 expects $160 million revenue in Q4 2021

The customer trading performance for the year is expected to be around $16 million. Additionally, Plus500 expects EBITDA to reach $71 million for the quarter and $387 million for the year. The basic earnings per share is expected to be approximately $3.10. David Zruia, Chief Executive Officer, commented: "We are pleased to have delivered another…

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Plus500 new share buyback program
October 29, 2021 BY Steffy Bogdanova

Plus500 expands share buyback program with another $12.6 million

The company noted that all shares repurchased through the programme will be classified as shares held in treasury and will be taken out from circulation. According to the official announcement, all share purchases will take place in the open market. Liberum Capital Limited was appointed to manage this new programme. The London-listed forex and CFDs…

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