Plus500 backs guidance as posts record sales after "outstanding" half
Plus500 Ltd on Monday said increases in customer and trading income helped drive 12% growth in group revenue to an all-time high.
The Haifa, Israel-based trading platform operator said pretax profit rose 0.8% to USD183.2 million in the six months ended June 30 from USD181.8 million a year prior.
Revenue jumped 12% to USD462.9 million from USD415.1 million, a three-year record high for a six-month period.
Customer income increased by 24% to USD460.8 million, marking a five-year record high for a six-month period, and up from USD371.5 million a year ago. Trading income, the group's primary revenue driver, climbed 15% to USD441.8 million from USD385.5 million.
New customers increased by 17% to 65,723 on-year, and average revenue per user edged up by 2% to USD2,346.
Plus500 raised its interim dividend by 4.3% to USD0.5135 per share from USD0.4925 and announced a USD0.6866 special payout, up 22% from USD0.5628 a year earlier. In addition, it set out a new USD100.0 million buyback.
Plus500 said since its initial public offer in 2013, it has returned around USD3.1 billion to shareholders.
The firm said it enters the second half of 2026 with strong momentum and a clear strategy, and expects full-year revenue and earnings before interest, tax, depreciation and amortisation to be in-line with current market expectations.
It put revenue consensus at USD811.5 million, and the earnings before interest, tax, depreciation and amortisation forecast at USD365.1 million.
In 2025, Plus500 reported revenue of USD792.4 million and Ebitda of USD348.1 million.
In April, Plus500 said revenue and Ebitda would be ahead of market expectations which at the time were USD779.3 million and USD360.4 million respectively. It also raised guidance back in February.
Chief Executive Officer David Zruia said the first half was an "outstanding" period for Plus500.
"We delivered record results for a six-month period, reflecting the compounding quality and value of our customer base," he added.
Shares in Plus500 were up 5.4% at 3,958.00 pence each in London on Monday and have risen 23% in the last 12 months.
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