Plus500 suffers huge shareholder revolt against top pay packets Tech Plus500 has suffered another huge shareholder revolt against its remuneration report. At the London-listed company’s annual general meeting (AGM), more than 51 per cent of votes were cast against the report which was included in its recent annual report. At the AGM, more than 22 per cent of votes were also cast against the re-election [...]
Plus500 raises guidance despite revenue dip Business Fintech group Plus500 has raised its outlook for the year despite reporting a mixed start to the year. Its share price dipped 1.6 per cent in early trades. The company told markets this morning that revenue in the first quarter of the year increased by 13 per cent month on month but fell by five [...]
Plus500 announces new buyback as investment plans pay off Fintech Revenue at the fintech trading platform rose six per cent year-on-year to $768.3m (£609.3m) thanks to a six per cent increase in trading income.
Plus500 promises further payouts as revenue set to beat expectations January 13, 2025 Plus500 said revenue will be "meaningfully ahead of market expectations" as it promised further shareholder returns in 2025.
Plus500: Expansion plans pay off as revenue jumps October 28, 2024 Fintech firm Plus500 said its expansion plans were paying off after reporting an increase in client numbers and higher revenue.
Volatility and new markets help Plus500 to ‘excellent’ first half August 19, 2024 Plus500, the spread betting and CFD provider, has reported an “excellent” start to its financial year. For the year to 30th June, the company reported revenue of $398.2m (£307m) up eight per cent year on year. The company also reported earnings before interest, tax, deprecation and amortisation (EBITDA) of $183.9m (£142m) for the period, up [...]
Plus500 on track despite distracted Euro 2024 traders slowing activity July 8, 2024 Retail trading platform Plus500 has weathered the Euros storm and expects to deliver results in line with markets expectations.
Plus500 expects to outperform market expectations after strong start to 2024 April 16, 2024 The London-Israeli firm saw a 13 per cent jump in new customers compared to the same quarter last year, although the number of active customers dipped two per cent.
Plus500 plotting deals spree as it readies £138m payout to shareholders February 20, 2024 Retail trading platform Plus500 topped market expectations and announced plans to put $175m back in shareholders pockets today despite a squeeze on revenues and profits over the past year.
After a difficult 2023, outlook for online trading platforms brightens as retail investors return January 8, 2024 A number of trading platforms recorded exceptionally good years in 2021 and 2022 as people locked at home during Covid with nothing to spend money on took a punt on an increasingly volatile market.