**Summary**
Plus500 Ltd., a global fintech group operating proprietary trading platforms, released its FY 2025 year-end trading update on January 12, 2026, highlighting strong financial performance and strategic progress. Key points include
1. **Financial Performance**Revenue of approximately $792 million and EBITDA of around $348 million exceeded market expectations, with EBITDA up 8% on a constant currency basis compared to FY 2024. The company remained debt-free with cash balances of $0.8 billion.
2. **Customer Growth and Retention**Focused on higher-value, long-term customers, Plus500 onboarded 104,500 new customers, with a 10% reduction in average user acquisition cost (AUAC). Active customers remained steady at 242,000, with 50% of OTC revenue generated by customers trading for over five years, up from 24% in FY 2022.
3. **Strategic Partnerships**Plus500 expanded its presence in the US futures market through partnerships with CME Group and FanDuel for a prediction market platform, and with Topstep for institutional-grade clearing and technology infrastructure.
4. **Market Expansion**The company secured new regulatory licenses in the UAE, Canada, and Colombia, marking its first entry into Latin America. It now holds 16 global licenses, enhancing its competitive advantage.
5. **Shareholder Returns**Plus500 returned $365 million to shareholders in FY 2025, including $200 million in share buybacks, maintaining its position as the best-performing stock on the FTSE All-Share Index since its 2013 IPO.
6. **Outlook**The company remains well-positioned for growth in 2026, driven by expanding addressable markets, product innovation, and strategic initiatives. The Board is confident in continued financial and strategic progress.
Preliminary results for FY 2025 will be published on February 9, 2026.