BRIEF-Plus500 Sees FY Revenue To Be Ahead Of Current Analyst Expectations


Reuters | Updated: 25-10-2021 12:18 IST | Created: 25-10-2021 12:14 IST
BRIEF-Plus500 Sees FY  Revenue To Be Ahead Of Current Analyst Expectations
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Plus500 Ltd: * LTD - Q3 2021 TRADING UPDATE

* EXPECTS FY 2021 REVENUE AND EBITDA TO BE AHEAD OF CURRENT COMPILED ANALYSTS' CONSENSUS FORECASTS * REVENUE IN Q3 2021 REMAINED RESILIENT AND WELL AHEAD OF PRE-PANDEMIC LEVELS AT $211.4M (Q3 2020: $216.4M, Q3 2019: $110.6M)

* QTRLY EBITDA AND EBITDA MARGIN AT $128.6M (Q3 2020: $134.2M, Q3 2019: $70.1M) AND 61%, RESPECTIVELY (Q3 2020: 62%, Q3 2019: 63%) * DURING QUARTER, GROUP ON-BOARDED A TOTAL OF 26,169 NEW CUSTOMERS, (Q3 2020: 46,238, Q3 2019: 24,359)

* QTRLY NUMBER OF ACTIVE CUSTOMERS WAS 166,310 (Q3 2020: 197,976, Q3 2019: 110,939). * BOARD EXPECTS FY 2021 REVENUE AND EBITDA TO BE AHEAD OF CURRENT COMPILED ANALYSTS' CONSENSUS FORECASTS. Source text for Eikon: Further company coverage:

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