Plus500

Plus500 published record results for the first half of 2026: revenue rose 12% to about $463m, undiluted EPS increased 6% to $2.17 and EBITDA edged up to $187.5m. Customer income hit a five‑year high of around $461m, the company holds about $860m in cash and is debt‑free. The non‑OTC business grew strongly and now represents roughly 15% of revenue; management says the 2026 full‑year target is in line with market expectations. Plus500 cites geographic expansion, US futures, prediction markets and product development as drivers, but sees risks from higher marketing spend, currency movements and regulatory challenges. » More on de.investing.com

Plus500’s stock slid about 11% after a disappointing trading update. For H1 the company reported revenue of USD 462.9m (+12%) and adjusted EBITDA of USD 187.5m (+1%), causing the margin to shrink from 45% to 41%. The decline was driven by higher spending on customer acquisition and expansion of the US business; Plus500 revised its full-year guidance from “above expectations” to “in line with expectations.” The second quarter showed a slowdown with declining new customer numbers, which added to the selling pressure. » More on de.investing.com

Plus500 is offering US customers prediction markets on sporting events via its Plus500 Futures platform, based on regulated event contracts listed at Kalshi. The rollout expands the London-listed fintech’s presence in prediction markets after it had already acted as a clearing partner for CME Group and FanDuel contracts. Prediction markets gained popularity after the 2024 US elections but remain under increased scrutiny because of manipulation and insider trading risks. » More on de.investing.com