Plus500 slightly beats FY revenue expectations; sets buyback

Plus500

09/02/2026 07:10

Overview

Fintech trading platform's FY 2025 revenue slightly beat analyst expectations

Company announced $187.5 mln shareholder returns, including dividends and buybacks

Company completed acquisition of Mehta Equities in India, expanding geographic reach

Outlook

Plus500 expects FY 2026 performance to exceed current market expectations

Company sees positive momentum supporting FY 2026 trading activities

Plus500 launches prediction markets for B2C customers in the US

Result Drivers

NON-OTC BUSINESS - Plus500's non-OTC business generated over $100m in revenue for the first time, marking a significant growth driver for the company

GEOGRAPHIC EXPANSION - Acquisition of Mehta Equities in India expanded Plus500's geographic reach and enhanced its futures offerings

HIGHER VALUE CUSTOMERS - Average deposit per active customer increased by 124% to c.$26,900, reflecting Plus500's success in targeting higher value customers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
$792.40 mln
$785.11 mln (5 Analysts)
FY EBITDA
$348.10 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous fintech infrastructure peer group is "buy."

Wall Street's median 12-month price target for Plus500 Ltd is GBp4,047.50, about 10.4% below its February 6 closing price of GBp4,516.00

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nRSI1899Sa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)