Plus500 keeps annual view even as first-half customer income hits 5-year high
July 13 (Reuters) - Fintech broker Plus500 PLUSP.L on Monday said its first-half customer income jumped 24% to a five-year high buoyed by an expansion into U.S. prediction markets, but kept its annual forecast unchanged.
Here are some more details:
The UK-listed fintech group said customer income rose to $460.8 million for the six months ended June 30, while earnings before interest, tax, depreciation and amortization rose 1% to $187.5 million.
The company expects full-year revenue and core profit to be in line with current market expectations of $811.5 million and $368.1 million, respectively.
Plus500 shares, which have surged more than 32% so far this year, fell 5.9% to 4,646 pence in early trading.
The Israel-based multi-asset trading platform entered the U.S. prediction markets business in February 2026, and in June rolled out sports event-based contracts.
Prediction markets have emerged as one of the fastest-growing segments in U.S. financial markets, with rivals such as Kalshi and Polymarket attracting strong retail investor interest in event-based trading.
