Plus500 Ltd
Plus500 Ltd is a global multi-asset fintech group that develops and operates proprietary, technology-based online trading platforms. It offers retail customers OTC Contracts for Difference (CFDs) across shares, indices, commodities, options, ETFs, cryptocurrencies and FX, plus share dealing, and (through its growing non-OTC/B2B business) futures and options on futures, including via the 'Plus500 Futures' and 'T4-Pro' platforms. The Group is incorporated in Israel, listed on the Main Market of the London Stock Exchange (FTSE 250, STOXX Europe 600), and serves customers in more than 60 countries through regulated subsidiaries holding 17 regulatory licences.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 19 Mar 2026 · 141 pages · Company website
Plus500 Ltd runs online trading platforms where customers trade on price moves in shares, currencies, commodities, cryptocurrencies and futures. In the year to 31 December 2025, revenue rose 3.1% to $792.4m and profit after tax rose to $281.3m from $273.1m.
The report credits higher trading income, more interest earned on cash, and its newer futures and share-dealing business, which brought in more than $100m of revenue for the first time. Higher staff and share-award costs held back profit growth, and the report does not point to any large one-off items.
Plus500 has no borrowings and ended the year with $801.6m in cash, down from a year earlier, after paying $164.4m in dividends and spending $215.0m buying back its own shares. It announced further dividends and buybacks in February 2026. Management plans to keep investing in growth, including through acquisitions, and bought an Indian broker after the year end. The auditor gave a clean opinion. One of the main risks the report flags is that regulators could restrict or ban its products.
OTC trading income (customer spreads, overnight charges and customer trading performance)
Trading income of $729.6m within total revenue of $792.4m in FY2025 (FY2024: $711.6m of $768.3m)
page 116Predominantly variable cost base
'The Group's cost base continued to be positively weighted towards variable costs during FY 2025... For FY 2025, 70% of the Group's costs were variable (FY 2024: 70%)'
page 44CFO Elad Even-Chen: 'In FY 2025, the Group accelerated its delivery of meaningful strategic progress across its global end markets, whilst also delivering a strong set of financial results. This combination enables us to keep investing in innovation and growth, whilst supporting attractive shareholder returns.'
page 43Progressive shareholder returns policy since 2017 share buyback programmes began; buybacks represent at least 50% of total shareholder returns in a given period. FY2025: dividends $164.4m + buybacks $215.0m = $379.4m returned; further $187.5m (buyback $100.0m + dividends $87.5m) announced Feb 2026
page 8710 years on one page · FY2015–FY2025
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USD millions, negatives in brackets. Per-share lines in cents. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
Nothing restated
Every figure is read again from the following year’s report: 212 confirmed, 7 differ.
No figure has been restated: every figure a later report printed again, it printed the same.