Plus500 Ltd (DI) (PLUS)

Sector:

Financials

Index:

FTSE 250

1,576.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 1,590.00
  • 52 Week Low: 1,255.50
  • Currency: UK Pounds
  • Shares Issued: 98.36m
  • Volume: 103,732
  • Market Cap: £1,550.10m

Plus500 FY underlying earnings seen ahead of expectations

By Iain Gilbert

Date: Monday 10 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Trading platforms operator Plus500 said on Monday that it had delivered "an outstanding operational and financial performance" throughout 2021, with the group trading ahead of market expectations for the period.
Plus500 stated full-year revenues were approximately $718.0m, supported by customer income of approximately $702.0m due to "a consistently high level" of customer trading activity throughout the year.

The FTSE 250-listed firm said that its strong revenue performance, in conjunction with its "lean and flexible cost base", ensured a strong level of underlying earnings and basic earnings per share for the year, both of which were ahead of market expectations at approximately $387.0m and roughly $3.10, respectively.

Plus500 added that its base of active customers during 2021 remained "well ahead" of pre-pandemic levels, at approximately 406,000, with the number of new customers on-boarded during the year reaching approximately 196,150.

Chief executive David Zruia said: "We are pleased to have delivered another strong year of financial performance, as well as making significant progress with our strategic and operational plans to strengthen our position as a leading global multi-asset fintech group.

"With the group having further strengthened its positioning during 2021, the board remains confident about the future for Plus500 and continues to expect that the group will deliver sustainable growth over the medium to long term."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PLUS Market Data

Currency UK Pounds
Share Price 1,576.00p
Change Today 6.00p
% Change 0.38 %
52 Week High 1,590.00
52 Week Low 1,255.50
Volume 103,732
Shares Issued 98.36m
Market Cap £1,550.10m

PLUS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.43% above the market average87.43% above the market average87.43% above the market average87.43% above the market average87.43% above the market average
65.29% above the sector average65.29% above the sector average65.29% above the sector average65.29% above the sector average65.29% above the sector average
Price Trend
70.37% above the market average70.37% above the market average70.37% above the market average70.37% above the market average70.37% above the market average
60.58% above the sector average60.58% above the sector average60.58% above the sector average60.58% above the sector average60.58% above the sector average
Income
80.42% above the market average80.42% above the market average80.42% above the market average80.42% above the market average80.42% above the market average
29.87% above the sector average29.87% above the sector average29.87% above the sector average29.87% above the sector average29.87% above the sector average
Growth
42.08% above the market average42.08% above the market average42.08% above the market average42.08% above the market average42.08% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 1
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PLUS Dividends

  Latest Previous
  Final Special
Ex-Div 24-Feb-22 24-Feb-22
Paid 11-Jul-22 11-Jul-22
Amount 37.77¢ 22.18¢

Trades for 27-May-2022

Time Volume / Share Price
16:35 33,008 @ 1,576.00p
16:29 45 @ 1,573.00p
16:29 2 @ 1,572.00p
16:28 72 @ 1,572.00p
16:28 200 @ 1,572.00p

PLUS Key Personnel

Chair Jacob A. Frenkel

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