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Plus500 9-Month EBITDA, Revenue Improves; Backs Annual Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Plus500 Ltd. (PLUS.L), a financial technology company, on Monday reported a rise in EBITDA and revenue for the nine-month period. In addition, for the full year, Plus500 has reaffirmed its outlook.

For the nine-month period to September 30, the firm reported EBITDA of $267.8 million, higher than  $266.1 million in the same period last year. Revenue was $597.8 million, up from the $585.5 million in the previous year.

Average deposit per active customer was around $22850, higher than $10600 a year ago. Active customers were 209842 as against the prior year's 210565 active customers.

Looking ahead, for the full year, Plus500 expects annual results in line with analysts' expectations. The company still projects EBITDA of $343 million on revenue of $749.5 million.

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