Overview
- Plus500 added 56,759 new retail customers in the first half of 2024, an increase from the previous year.
- The company raised its profit forecast and announced a $110 million share buyback and $75.5 million in dividends.
- First-half revenue rose 8% to $398.2 million, with a 6% increase in core profit to $183.9 million.
- Shares in Plus500 have risen over 50% since the start of the year, reaching record highs.
- The firm continues to expand its geographic footprint and develop new products for diverse markets.