Plus500 registers drop in revenues in Q3 2025

Retail FX and CFD broker Plus500 Ltd (LON:PLUS) today provided a trading update for the three-month period ended 30 September 2025.

Revenue for Q3 2025 was $182.7 million (Q3 2024: $187.3m), comprising trading income of $161.6m (Q3 2024: $173.2m) and interest income of $21.1m (Q3 2024: $14.1m), reflecting the lower levels of volatility across global financial markets during the period.

Customer Income, a key measure of the Group’s underlying performance, was $165.2m in Q3 2025 (Q3 2024: $166.3m).

Customer Trading Performance stood at ($3.6m) in Q3 2025 (Q3 2024: $6.9m). The Group expects that the contribution from Customer Trading Performance will be broadly neutral over time.

EBITDA was $82.7m in Q3 2025, which equated to an EBITDA margin of 45% (Q3 2024: $82.2m and 44%, respectively). For the nine-month period ended 30 September 2025, revenue stood at $597.8m (YTD 2024: $585.5m), EBITDA was $267.8m and the EBITDA margin was 45% (YTD 2024: $266.1m and 45%, respectively).

Total customer trades were 14.9m during Q3 2025 (Q3 2024: 14.5m) and total customer trades for the nine-month period ended 30 September 2025 reached 50.4m (YTD 2024: 41.0m), representing growth of approximately 23% year-on-year.

The Group onboarded 22,644 New Customers during Q3 2025 (Q3 2024: 24,922) and New Customers for the nine-month period ended 30 September 2025 were 78,809 (YTD 2024: 81,681).

The number of Active Customers during Q3 2025 was 115,327 (Q3 2024: 120,968) and Active Customers for the nine-month period ended 30 September 2025 were 209,842 (YTD 2024: 210,565).

The Group remained debt-free and maintained its strong financial position during the period, with cash balances of over $815m as of 30 September 2025 (31 December 2024: $890.0m).

During Q3 2025, the Company repurchased a total of 1,508,613 shares, at an average price of £31.87, for a total cash consideration of c.$65m. As of 30 September 2025, the remaining number of ordinary shares in issue was 70,133,617. Ordinary shares that are repurchased by the Company under its buyback programmes are held in treasury, are not entitled to dividends and have no voting rights.

The Group’s FY 2025 revenue and EBITDA are expected to be in-line with current market expectations.

Source link

Visited 4 times, 4 visit(s) today

Related Article

Person with an American Express card at a restaurant.

The Best Warren Buffett Stocks to Buy With $1,000 Right Now

These companies are thriving today and have robust long-term opportunities. Warren Buffett will be at the helm of Berkshire Hathaway for just a few more months, but his wisdom and guidance will continue to inspire investors to make sound decisions and stay in the market through volatility. If you’re looking for some excellent Buffett stocks

19 October 2025
The price of Bitcoin is shown on a screen

If AI and crypto aren’t bubbles, we could be in big trouble

If AI and crypto are not bubbles, we could be in big trouble. What if the trillions of dollars placed on those bets turn out to be good investments? The disruption will be epic, and terrible. A lot of speculative manias are just fun for a while and then the last in lose their shirts,

19 October 2025
Oracle Stock Investors -- You'll Love This Update!

Oracle Stock Investors — You’ll Love This Update!

Motley Fool – Sun Oct 19, 6:33AM CDT Oracle(NYSE: ORCL) provided investors with a massive update you will not want to miss. *Stock prices used were the afternoon prices of Oct. 16, 2025. The video was published on Oct. 18, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe

19 October 2025
Nvidia headquarters with Nvidia sign in front.

Prediction: This Will Be Nvidia’s Stock Price 5 Years From Now

The artificial intelligence (AI) chipmaker is riding a massive secular tailwind that has only just begun. Perhaps as much as any other company, Nvidia (NVDA 0.86%) has ridden the wave of artificial intelligence (AI) adoption to new heights, becoming the world’s largest company by market cap in the process. The company pioneered the graphics processing

19 October 2025

Jim Cramer Believes “It is Time to Kaching Kaching Critical Metals”

Critical Metals Corp. (NASDAQ:CRML) is one of the stocks Jim Cramer recently offered insights on. Responding to a caller’s query about the stock, Cramer remarked: “We’ve talked about this, Ben Stoto and I. It is time to kaching kaching Critical Metals. You need President Trump to go in there and buy 10% of the company.

19 October 2025
GBP/USD Weekly Forecast - 19/10: Cautious Outlooks (Chart)

GBP/USD Weekly Forecast – 19/10: Cautious Outlooks (Chart)

Created on October 19, 2025 The broad Forex market including the GBP/USD continues to be tested with shifting sentiment and cautious outlooks. The GBP/USD went into this weekend around the 1.34239 price. The week’s trading for the currency pair did develop solid upside. However, the move upwards and the current realm for the GBP/USD have

19 October 2025