This quarter has followed a very different pattern than last one for Plus500 (LON:PLUS). Last quarter (Q2), the old maxim 'buy the rumor and sell the news' seemed to hold, with Plus500 reporting robust results but seeing its share price tumble after reporting those results. This time it was different. Plus500 shares completed a two-day runup…
Read moreIt looks like investors are expecting a bang. Shares in CFD broker Plus500 (LON:PLUS) have traded up more than 51% in the past month, including 15% in the past week and 6% yesterday, in advance of the company's release of Q2 results tomorrow, Wednesday August 13. Plus500 already gave us a glimpse into what it…
Read moreIncrease of 207% in revenues to $60.7m in Q1 2014 up from Q1 2013 at $19.7M Plus500’s March-quarter revenues were up 207% to $60.7M, while its number of new customers gained 63% to 20,124. Its number of active customers increased 48% to 50,438. March-quarter revenues in 2013 came in at $19.7M, and in 2013 they…
Read morePlus500 shares soar 5.4% on Wednesday following release of its Annual Report. Plus500's secret sauce? It has now been a couple of days since investors got their hands on Plus500's 2013 Annual Report, and it seems like they like what they see. With no 'new' news out, Plus500's shares (LON:PLUS) went on another tear on…
Read moreCorporate efficiency detailed in full as Plus500 releases its annual report for 2013 Plus500 has released its annual results for the full year 2013, which demonstrate what could be considered a predictably strong performance when bearing in mind the company's high valuation and successful initial public offering during the later stages of 2013. Last year, Plus500…
Read moreInsiders to sell $170M of Plus500 shares. IPO benefits: higher volumes, but also lower client acquisition costs. When we wrote back in December that Plus500 (LON:PLUS) CEO Gal Haber was targeting a billion dollar valuation for his newly public company, we did so with a certain amount of skepticism. After all, industry leader FXCM's valuation…
Read moreNew campaign for increasing brand awareness could put pressure on costs in the short term The preliminary report for 2013 that the publicly listed CFD broker Plus500 (LON:PLUS) has released yesterday, have caused quite a dramatic share prices spike in London trading. The main points that we already outlined were the revenue doubling over 2012 (even…
Read moreQ4 revenues alone are totaling just over $50 million compared to $20 million in Q3 One of the leading publicly traded brokerages listed in the UK, Plus500 (LON:PLUS) has reported its preliminary results for 2013 and the numbers are staggering. Revenues at the company increased by 105% year-on-year to $115.1 million, while net profits almost…
Read moreThe stock market likes exceeding expectations. It does not like convertible bonds. Most of us in and connected to the forex industry understand that we are all together in one big boat. Rising industry volumes generally mean good times for (most) everyone, while slow volumes hurt (nearly) everyone. There are always the haves and have-nots,…
Read morePlus500 Q3 revenues were nearly double last year's, although down from first half 2013. Shares of publicly traded broker Plus500 (LON:PLUS) have soared by 17% this morning on the London Stock Exchange after the company released a trading update for the 9 months ended September 30. Plus500 also reaffirmed guidance for the full year. Plus500…
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