Forex and CFD broker Plus500 Ltd (LON:PLUS) today issued a trading update for the financial year ended 31 December 2025.

The Group delivered revenue of approximately $792 million and EBITDA of approximately $348 million, both of which are ahead of market expectations. On a constant currency basis, the EBITDA outcome for FY 2025 is approximately 8% higher than the EBITDA in FY 2024.

The Group’s financial position remained robust, and debt-free, with cash balances of approximately $0.8bn as of 31 December 2025, following the distribution of approximately $380m to shareholders during the year.

The Group continued to focus on long term, higher value customers in 2025 and onboarded approximately 104,500 New Customers (FY 2024: 118,010) with a positive year-on-year improvement in AUAC, declining by more than 10%.

The number of Active Customers fell to approximately 242,000 (FY 2024: 254,138).

Plus500 was appointed as the clearing partner for the CME Group’s prediction market and event-based contracts platform, launched in partnership with FanDuel, North America’s sports gaming company, which went live last month.

This followed another exciting strategic partnership in October with Topstep, a US-based trading education and evaluation platform. Through this partnership, Plus500 acts as the exclusive provider of institutional-grade clearing and technology infrastructure for Topstep Brokerage and related entities, representing another key step in Plus500’s expansion within the US futures market.

In FY 2025, the Group secured new regulatory licences in the UAE and Canada and received authorisation from the Colombian Financial Superintendence to establish a new representative office in the country, marking Plus500’s first strategic expansion into Latin America. Taken together, the Group’s 16 global licences represent a trusted regulatory stamp and a unique, valuable asset for the Group.

During FY 2025, Plus500 announced total shareholder returns of $365 million, including $200 million allocated to share buyback programs.

The Company’s Board of Directors remains confident in the outlook for Plus500 in 2026 and beyond, and expects the Group to continue making strong financial and strategic progress alongside delivering further shareholder returns.