Plus500 generates FY23 revenues ahead of market expectations
For the year ended 31 December 2023, Plus500 generated revenue of approximately $725m and EBITDA of approximately $340m.
Plus500 News
Plus500 joins Futures Industry Association
Retail Forex broker Plus500 today announced that its US business has joined the Futures Industry Association (FIA).
FCA warns against clone of Plus500
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Fraudsters copy the details of firms the FCA authorises to try and convince people that their firm is genuine.
Plus500 stands by Steve Baldwin, directors’ remuneration
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Since the AGM, Plus500 has engaged with various shareholder advisory bodies and its top shareholders.
Plus500 registers 14% Y/Y drop in revenues in Q3 2023
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Plus500’s revenue for the third quarter of 2023 was $168.1 million, down 14% from the year-ago quarter.
Plus500 repurchases £101M (8.2%) of its shares from Odey
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The purchase has been conducted separately from Plus500’s $70M share buyback program, which will continue as planned.
Plus500 looks at US share listing to boost valuation
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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.
Exclusive: Plus500 launching social trading platform +Insights
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+Insights will use community driven data to allow users to analyze millions of Plus500 traders’ activity in real time.
Daniel King steps down from Plus500 BoD
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Daniel King is currently a Venture Partner with Seedcamp, one of Europe’s largest early stage Venture Capital firms.
Exclusive: Plus500 launching new branding and video ad campaign starring Kiefer Sutherland
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The Plus500 campaign was created in conjunction with agency McCann Tech, the Israel based arm of McCann Worldgroup.
