Plus500 registers 11% Y/Y increase in revenues in Q3 2024

Plus500 registers 11% Y/Y increase in revenues in Q3 2024

Retail CFD and FX broker Plus500 Ltd (LON:PLUS) today provided a trading update for the three-month period ended 30 September 2024.

Revenue for Q3 2024 increased by 11% to $187.3m (Q3 2023: $168.1m), including trading income of $173.2m (Q3 2023: $153.7m) and interest income of $14.1m (Q3 2023: $14.4m).

EBITDA increased by 2% to $82.2m versus $80.3m in the prior year, which equated to an EBITDA margin of 44% (Q3 2023: 48%).

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