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Highlights:

  • Plus500 revenue rose 4% YoY to GBP 415.1 million in H1FY25, with EBITDA at GBP 185.1 million
  • Plus500 recorded customer deposits of GBP 3.1 billion, a six-month record high
  • Plus500 expands globally with licences in Canada and UAE, and entry into Indian futures market

Plus500 Ltd (LSE:PLUS), is a global multi-asset fintech group offering trading technology platforms that provide retail and institutional investors access to a wide range of financial instruments including CFDs, shares, options, and futures. The company operates under multiple regulatory licences worldwide and focuses on leveraging its proprietary systems to drive scalability and product innovation across its markets.

The company has released its unaudited trading update for the six months ended 30 June 2025. The company posted revenue of GBP 415.1 million for the period, up 4% from GBP 398.2 million in H1FY24. EBITDA also rose marginally to GBP 185.1 million, maintaining a high EBITDA margin of 45%.

Customer metrics remained steady, with 56,165 new customers onboarded in the period and 179,931 active customers. Notably, customer deposits reached a record GBP 3.1 billion, more than double the GBP 1.5 billion recorded in the same period last year. The company attributed this growth to a strategic focus on higher-value clients and continued global expansion. The company received a new regulatory licence in Canada and an additional one in the UAE. 

Plus500 announced a conditional acquisition of Mumbai-based Mehta Equities Limited, pending regulatory approvals. This move is designed to give the Group access to India's retail futures market, the largest in the world. The company also grew its US futures business, which now accounts for 13% of total Group revenue. Plus500 joined ICE Clear US as a clearing member, broadening its futures product and service offering. These initiatives are part of a larger strategy to reduce reliance on over-the-counter (OTC) trading and build long-term growth opportunities in regulated futures markets globally.

Plus500 reported cash balances exceeding GBP 925 million as of 30 June 2025. Backed by this liquidity, the Group returned approximately GBP 200 million to shareholders during the first half of the year through a mix of dividends and share buybacks. The company plans to announce further shareholder returns, in line with its capital return policy, along with its detailed half-year results scheduled for release on 11 August 2025.

The Board remains confident in the full-year 2025 outlook, citing several contributing factors: sustained technological investment, financial performance, and ongoing momentum in key strategic areas including the B2B institutional futures market.