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Plus500 (FRA:P55) Gross Profit : €643.8 Mil (TTM As of Jun. 2024)


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What is Plus500 Gross Profit?

Plus500's gross profit for the six months ended in Jun. 2024 was €342.9 Mil. Plus500's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €643.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Plus500's gross profit for the six months ended in Jun. 2024 was €342.9 Mil. Plus500's Revenue for the six months ended in Jun. 2024 was €342.9 Mil. Therefore, Plus500's Gross Margin % for the quarter that ended in Jun. 2024 was N/A%.

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


Plus500 Gross Profit Historical Data

The historical data trend for Plus500's Gross Profit 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 Profit Chart

Plus500 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 319.05 717.20 636.05 785.97 618.33

Plus500 Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 483.78 303.21 319.54 300.87 342.89

Competitive Comparison of Plus500's Gross Profit

For the Capital Markets subindustry, Plus500's Gross Profit, along with its competitors' market caps and Gross Profit 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 Profit Distribution in the Capital Markets Industry

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

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



Plus500 Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=618.333 - 0
=618.3

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=342.894 - 0
=342.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €643.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

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 )
=(Revenue - Cost of Goods Sold) / Revenue
=342.9 / 342.894
=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  (FRA:P55) Gross Profit 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


Plus500 Gross Profit 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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