Plus500 enters 336.39 million euros until June, 28% less

MADRID, 14 Ago.

Plus500 enters 336.39 million euros until June, 28% less


Plus500 closed the first half of the year with revenues of 368.5 million dollars (336.39 million euros), 28% less than in the same period of 2022, according to data published by the company.

Of this billing, 346.2 million (316.04 million euros) corresponded to commercial income and the remaining 22.3 million (20.36 million euros) were interest income.

In addition, the financial technology group obtained a gross operating result (Ebitda) of 174.1 million dollars (158.93 million euros), with a year-on-year drop of 43%, and its Ebitda margin fell 22%, staying at 47%.

The net profit per share of the group reached 1.61 dollars, 19% above the second half of 2022. In addition, this Tuesday Plus500 has announced an additional remuneration of 120 million dollars (109.55 million euros) to its shareholders.

Half of this remuneration corresponds to the distribution of an interim dividend and an extraordinary dividend, whose payment date is November 9. The other half comes from a share buyback program.

Thus, the group anticipates a total return for its shareholders during the 2023 financial year of 347.4 million (317.13 million euros).

The CEO of Plus500, David Zruia, has commented that in this first semester they have executed their strategy to obtain good results, thanks to the power of the group's own technology and "its constant ability to attract and retain higher value clients through long term".