Plus500 reports Preliminary Unaudited Results for 2015 

plus500
  • Preliminary Unaudited Results for the year ended 31 December 2015

Plus500, a leading international online trading platform provider for retail customers to trade CFDs, announces its preliminary unaudited results for the year ended 31 December 2015.

Financial Highlights:

plus500

  • Strong revenue growth due to increase in New Customers2 and Active Customers3
  • Less than expected fall in EBITDA; additional marketing and regulatory costs partly mitigated by customer growth
  • Total dividend represents a pay-out of 100% of net profit for the year ended 31 December 2015
  • Dividend policy maintained at 60% pay-out ratio with payment of special dividends and flexibility to buyback shares

Operating highlights:

  • Another record year of strong customer growth:
    1. Active Customers increased 29% to 136,540 (FY 2014: 105,976)
    2. New Customers increased 28% to 84,858 (FY 2014: 66,553)
  • Plus500 is the second largest CFD provider in the UK4
  • Product innovation: new financial instruments, new apps (Windows Phone, Apple Watch) and enhanced trading platform (over 65% of 2015 revenues and signups originated from mobile devices)
  • Regulatory and compliance onboarding processes completed
  • Board changes: Asaf Elimelech to be promoted to CEO; Gal Haber to be appointed to Managing Director

Current trading:

Strong start to Q1 2016 with increased number of New Customers and Active Customers, revenues and EBITDA margin

1 EBITDA – Earnings before interest and taxes and depreciation and amortization
2 Customers depositing for the first time ever during the period
3 Customers who made at least one real money trade during the period
4 Investment Trends report, July 2015

Source: Plus500

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