Plus500UK Ltd, the UK subsidiary of the London-listed fintech group, reported a 98% decline in profit after tax to £43,000 for the year ended Dec. 31, 2025, down from £2 million in the prior year, according to filings with Companies House.
- Revenue: £12.2 million (+10% year-over-year)
- CFD Trading Turnover: £9.6 million (vs. £7.8 million in 2024)
- Operating Profit: £4 million (vs. £1.9 million in 2024)
- Profit Before Tax: £63,000 (vs. £2.7 million in 2024)
- Net Profit After Tax: £43,000 (-98% year-over-year)
- Net Assets: £58.4 million (vs. £54.3 million in 2024)
Revenue rose 10% to £12.2 million from £11.2 million in 2024, driven by increased turnover from contracts for difference trading, which climbed to £9.6 million from £7.8 million. Interest income fell to £2.6 million from £3.4 million.
Operating profit more than doubled to £4 million from £1.9 million in 2024. However, foreign exchange losses of £4 million erased most operating gains, compared with foreign exchange gains of £760,000 in the prior year. This left profit before tax at £63,000, down from £2.7 million.
The FCA-regulated firm received a £4 million capital note from its Israeli parent company, Plus500 Ltd, in June 2025. The subordinated note is non-interest bearing with no repayment due before the fifth anniversary.
Average headcount fell to 13 employees from 14, with staff costs declining to £2.9 million from £3.1 million. Directors’ remuneration rose to £1.1 million from £948,000. No dividends were paid during the year.
