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Plus500 RNS Number : 81561 Plus500 Limited 17 August 2021 17 August 2021 Plus500 Ltd. ( " Plus500 " , the " Company " or together with its subsidiaries the " Group " ) Interim results for the six month period ended 30 June 2021 Plus500 , a global multi - asset fintech group operating technology - based trading platforms , today announces its interim results for the six month period ended 30 June 2021 . Further attractive returns delivered to shareholders : $ 60.0m interim dividend declared today , representing $ 0.5921 per share New share buyback programme of $ 12.6m announced today $ 42.5m invested in two share buyback programmes completed during the period Significant positive financial and operational momentum achieved in H1 2021 , with performance ahead of pre - pandemic levels : Group revenue of $ 346.2m ( H1 2020 : $ 564.2m ; H2 2020 : $ 308.3m ) EBITDA¹ of $ 187.6m ( H1 2020 : $ 361.8m ; H2 2020 : $ 154.1m ) 136,980 New Customers2 onboarded ( H1 2020 : 198,176 ; H2 2020 : 96,552 ) Further increase in base of Active Customers³ to 333,940 ( H1 2020 : 328,409 ; H2 2020 : 278,566 ) Enabled by continued strong operating cash conversion of 87 % , with cash balances of $ 722.5m at the end of H1 2021 ( H1 2020 : $ 587.8m , H2 2020 : $ 593.9m ) Entry into Futures and Options on Futures market in the US - a major growth opportunity for Plus500 : Enabled through acquisition of Cunningham Commodities LLC . ( " Cunningham " ) , a regulated Futures Commission Merchant , and Cunningham Trading Systems LLC . ( " CTS " ) , a technology trading platform provider , completed in July 2021 and integration already underway Provides immediate access to the significantly growing , but under - penetrated , US retail trading market in futures and options on futures , with global addressable market estimated to be approximately $ 2 billion5 Significant milestone achieved through launch of new ' Plus500 Invest ' share dealing platform in Europe : Available initially in selected geographies from July 2021 , with further roll - out across Europe planned for remainder of H2 2021 Presents important additional revenue opportunities and helps to drive customer retention through wider product choices for customers Interim Results Focus on continued transition into a global multi - asset fintech group : Supported by further investment in Plus500's technology platform , including incremental R & D investment of approximately $ 50m over the next three years , including establishment of new R & D centre , to drive scale and innovation On - going focus on targeted bolt - on acquisitions to diversify product portfolio and expand geographic footprint Financial Highlights : Released : 17 Aug 2021 07:00 Further improvements in governance and risk management approach : High calibre new Chairman ( Prof. Jacob A. Frenkel ) and two new Non - Executive Directors ( Ms. Sigalia Heifetz and Ms. Tami Gottlieb ) appointed in H1 2021 to complement the existing skill set and expertise of the Board of Directors of the Company ( the " Board " ) and to further diversify its composition Implementation of focused targeted hedging to reduce market risk , as appropriate Revenue EBITDA EBITDA Margin % Cash balance Given the significant positive momentum achieved , the Board is increasingly confident about the outlook for Plus500 : The Board expects revenue to be significantly ahead of current compiled analysts ' consensus forecasts , with sustainable growth to be delivered over the medium to long term H1 2021 * $ 346.2m $ 187.6m 54 % $ 722.5m H1 2020 * $ 564.2m $ 361.8m 64 % $ 587.8m Change % ( 39 % ) ( 48 % ) ( 16 % ) 23 % H2 2020 * Change % 12 % 22 % 8 % 22 % $ 308.3m $ 154.1m 50 % $ 593.9m