GMO CLICK Sees Uptick Across Preliminary Fiscal Year End Results

Online Japanese broking giant GMO CLICK Holdings, Inc. has released its preliminary consolidated financial results for the fiscal year ending March 31, 2016, which was characterized by a strong performance across a number of key financial metrics, per a recent GMO statement.

GMO CLICK’s full year-end financial results will be disclosed later this month on April 26, however a preliminary snapshot suggests that the figures will be upbeat, besting their 2015 equivalent across the board. The results follow on the heels of an otherwise weak Q3 2015 report, which showed a tri-quarterly decline across the previous fiscal year.

In terms of the full year ending March 31, 2016, GMO CLICK reported preliminary operating revenues of $265.9 million (¥29.0 billion), representing a growth of $228.7 million (¥25.0 billion) during the same period ending March 31, 2015, or 16.3% YoY.

By extension, over the same period ending March 31, 2016, the broker disclosed a preliminary operating income of $97.3 million (¥10.6 billion), good for a jump of 37.0% YoY from just $70.9 million (¥7.7 billion) last year, its biggest growth of any measure over the fiscal year.

Finally, GMO CLICK looks to have yielded substantial increases in profit attributable to owners of its parent group, following a figure of $59.1 million (¥6.5 billion) ending March 31, 2016, reflective of a YoY increase of 32.9% from $44.5 million (¥4.9 billion) in March 31, 2015.

GMO Click Securities made headlines earlier this month after releasing its March trading results, having seen its FX trading figures tank during the month. The number of contracts traded at Click 365 fell by almost 20% in March to 506,301, lower by 124,819 from the 631,120 reported in February.