GMO Click Reports Standout Financial Results for H1 of Fiscal Year

GMO Click Holdings Inc (TYO:7177) has reported its preliminary financial results for Q2 of the fiscal year ending March 31, 2016, according to a GMO statement.

GMO Click recently made headlines after it released its September 2015 metrics earlier this week – this was reflective of a growing performance in its revenues that orchestrated a tri-monthly ascension to ¥2.75 billion in September 2015, good for a rise of 8.0% MoM.

In terms of the aggregated preliminary financial results by the end of Q2 2015 however, GMO Click has also put together a staunch YoY performance relative to Q2 2014. GMO saw its preliminary operating revenues for the past six months ending September 30, 2015 come in at $130.32 million (¥15.52 billion), corresponding to a rise of 48.5% YoY over $87.73 million (¥10.45 billion) in the same six month interval in 2014.

Moreover, the operating income for the first six months of the fiscal year ending September 30, 2015 yielded $48.80 million (¥5.81 billion) – this constitutes a surge of 117.7% YoY from $22.41 million (¥2.67 billion) observed during the same interval in 2014.

The heightened metrics have also lent some backing by GMO’s shareholders (TYO:7177), following the company’s rebound in share prices from the 670.00 level in August. The Japanese stock market on a broader scale remains shackled by a specter of monetary policy from the Bank of Japan, which in recent months has seen a retreating endorsement of a multi-year easing policy. At the time of writing, GMO Click’s shares settled at 799.00 to close out the trading week, having been in a largely unabated ascension since October 1, 2015.