Plus500 has published a strong set of FY25 results and indicated that the momentum enjoyed in 4Q25 has continued into 2026. This not only underpins near-term upgrades to consensus, but the strength of customer income supports our view on the quality of the platform built by management in recent years. The non-OTC business deserves specific mention, with revenues now running at over $100m – a performance which bodes extremely well for the future. This outlook combined with the strength of the bal ....
