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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Plus500

January 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PLUS
  • Price:
  • 2640p
The Q3 update revealed revenues and EBITDA increasing 11% and 2% year-on-year, respectively. Net cash was US$950m, despite US$128m on buy-backs and dividends. The period saw strong investment in the US (its largest opportunity) and new product development in the UAE and Japan. New customers increased 21% to 24,922 in Q3 while the total base grew 2% to 120,968. The level of customer engagement has risen and the number of trades rose 44% to 14.5m. Meanwhile, targeting higher quality customers delivered 9% higher ARPU at US$1,548 while average deposit per active customer increased 17% to US$6,150. Panmure Liberum has left full year forecasts unchanged (eps: 348 cents, rising to 360 cents in ’25) but says Q4 could prove prudent ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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