Plus500 registers 14% Y/Y drop in revenues in Q3 2023
Plus500’s revenue for the third quarter of 2023 was $168.1 million, down 14% from the year-ago quarter.
Plus500’s revenue for the third quarter of 2023 was $168.1 million, down 14% from the year-ago quarter.
The purchase has been conducted separately from Plus500’s $70M share buyback program, which will continue as planned.
At its current share price of £15.68, Plus500 is trading at multiples of 2023e consensus results of 3.0x Revenue and 8.1x Profit.
+Insights will use community driven data to allow users to analyze millions of Plus500 traders’ activity in real time.
Daniel King is currently a Venture Partner with Seedcamp, one of Europe’s largest early stage Venture Capital firms.
The Plus500 campaign was created in conjunction with agency McCann Tech, the Israel based arm of McCann Worldgroup.
Crypto exchange WhaleFin recently finalized a new five-year, €210 million agreement for the Atletico Madrid front-of-shirt rights.
Plus500 anticipates that its revenue and EBITDA for this year will be significantly ahead of current market expectations.
Online trading company Plus500 Ltd has just announced the results of today’s Annual General Meeting (AGM).
During the year-to-date, the Plus500 Group has announced share buyback programmes totalling approximately $105 million.