Plus 500 interim results
Record first half results benefitted from:
o Exceptional first quarter combined with a good second quarter performance
o Active Customers - significant increase of 121% to a record level of 248,564 (H1 2017: 112,317)
o New Customers - growth of 75% to 94,148 (H1 2017: 53,881)
o ARPU - increased 12% to $1,873 (H1 2017: $1,678)
o AUAC - decreased 19% to $677 (H1 2017: $836)
· Interim dividend - significant increase in shareholders returns reflecting the outstanding first half performance; a total interim payout of $157.0 million (H1 2017: $27.2 million) or $1.3786 per share (H1 2017: $0.2388) declared in relation to the period
Operational Highlights:
· Strong progress and trading activity:
o Plus500's internationally regarded brand strengthened further due to the Group's technology
edge and unique omni-channel offering
o Total number of transactions in H1 2018 increased by 51% in comparison to last year
o Geopolitical events resulted in higher than expected market volatility with new and existing customers trading a diverse range of instruments
· Continued expansion of global presence and diversification of revenues outside the European Economic Area ("EEA"):
o New Commodity Broker's Licence issued to Plus500SG Pte. Ltd. in Singapore
o Australian revenues seven times last year, driven by a fivefold increase in Active Customers
· Listing and admission to trading on the premium segment of the London Stock Exchange's Main Market completed on 26 June 2018