Tag: David Zruia

Running A Cash Machine! Plus500 With Improved EBITDA Despite Declining Client Base!

Broker Ben - August 17, 2022

The London Stock Exchange-listed multi-asset broker Plus500 published its interim financial results for H1 2022 and reported revenues of $511.4 million, which is 48% higher than last year. The EBITDA, too, recorded an impressive increase from $187.6 million in H1 2021 to $305.3 million. However, The number of active customers fell by 35% to around 217,000, which may significantly impact future revenues. Customers deposited $1.2 billion at Plus500 compared to $1.1 billion in H1 2021.

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