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Plus500 (CHIX:PLUSL) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Plus500 Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Plus500's Gross Profit for the six months ended in Jun. 2024 was £290.1 Mil. Plus500's Revenue for the six months ended in Jun. 2024 was £290.1 Mil. Therefore, Plus500's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Plus500's Gross Margin % or its related term are showing as below:


CHIX:PLUSl's Gross Margin % is not ranked *
in the Capital Markets industry.
Industry Median: 49.65
* Ranked among companies with meaningful Gross Margin % only.

Plus500 had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Plus500 was 0.00% per year.


Plus500 Gross Margin % Historical Data

The historical data trend for Plus500's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Plus500 Gross Margin % Chart

Plus500 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Plus500 Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Plus500's Gross Margin %

For the Capital Markets subindustry, Plus500's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plus500's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Plus500's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Plus500's Gross Margin % falls into.



Plus500 Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Plus500's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=532.7 / 532.697
=(Revenue - Cost of Goods Sold) / Revenue
=(532.697 - 0) / 532.697
=N/A %

Plus500's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=290.1 / 290.113
=(Revenue - Cost of Goods Sold) / Revenue
=(290.113 - 0) / 290.113
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Plus500  (CHIX:PLUSl) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Plus500 had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Plus500 Gross Margin % Related Terms

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Plus500 Business Description

Traded in Other Exchanges
Address
Matam, Building 10.2, Haifa, ISR, 3115001
Plus500 Ltd is an online provider of Contracts for Difference (CFDs). The company has developed and operates an online trading platform for retail customers to trade CFDs internationally, financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs), and foreign exchange. The trading platform is accessible from multiple operating systems including Windows, smartphones: iOS, Android, and Windows Phone, tablets: iOS, Android, and Surface, and web browsers. The group is engaged in three operating sectors: CFD trading; share dealing; and futures and options on futures.

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