Plus500 (LON:PLUS) H1 2024 results

Key financial results

• Revenue: $396.2 million (an increase of 8.7% compared to H1 2023).

• Net profit: $148.8 million (up 1.6% from H1 2023).

• Profit margin: 38% (compared to 40% in H1 2023). The margin decline is due to higher expenses.

• Earnings per share: $1.90 (compared to $1.61 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Plus500 Profit Insights

Revenues are expected to remain stagnant over the next three years, compared to a growth forecast of 3.5% for the capital markets industry in the UK.

Performance of British capital markets industry.

The company’s shares rose 6.1% compared to the previous week.

Risk analysis

We should say we have discovered 2 warning signals for Plus500 (1 cannot be ignored!) that you should know before investing here.

Do you have feedback on this article? Are you concerned about the content? Contact us directly from us. Alternatively, send an email to editorial-team (at) simplywallst.com.

This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.