Invast Securities Operating Revenues Fall Back Down in March 2016

Monday, 18/04/2016 | 08:02 GMT by Avi Mizrahi
  • Invast Securities has disclosed its March 2016 monthly financials showing a drop to January levels.
Invast Securities Operating Revenues Fall Back Down in March 2016
Finance Magnates

Japanese brokerage group Invast Securities has today disclosed its March 2016 monthly financial metrics, which could disappoint its investors when compared with the previous month’s strong performance.

For the month ending March 2016, Invast reported its operating revenues at ¥346 million, a drop of 7.7% MoM from ¥375 million in February 2016. This figure is just slightly below the January 2016 operating revenues of ¥348 million.

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A year over year comparison of the operating revenues is even more disappointing for Invast Securities investors as March 2016’s figure is even lower than its 2015 counterpart – relative to March 2015, the latest monthly revenues constitute a loss of 15% YoY from ¥407 million.

In addition to its revenues, Invast Securities also released its total amount of deposited margin, which shrunk marginally lower in March 2016, essentially almost unchanged from the previous month. March 2016 saw a margin of about ¥70 billion, which correlated to a slight decline of less than 0.16% MoM from ¥70.1 billion in February 2016. Over a yearly timetable, the figure is higher than March 2015's ¥69.7 billion but only marginally, by about 0.38%.

Invast-Monthly-Disclosure-March-2016

The JASDAQ listed Online Trading operator said the number could differ materially from its financial statements, as the current month is expected to help wrap up its last quarter for its fiscal year ending March 2016.

Japanese brokerage group Invast Securities has today disclosed its March 2016 monthly financial metrics, which could disappoint its investors when compared with the previous month’s strong performance.

For the month ending March 2016, Invast reported its operating revenues at ¥346 million, a drop of 7.7% MoM from ¥375 million in February 2016. This figure is just slightly below the January 2016 operating revenues of ¥348 million.

The new world of online trading, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

A year over year comparison of the operating revenues is even more disappointing for Invast Securities investors as March 2016’s figure is even lower than its 2015 counterpart – relative to March 2015, the latest monthly revenues constitute a loss of 15% YoY from ¥407 million.

In addition to its revenues, Invast Securities also released its total amount of deposited margin, which shrunk marginally lower in March 2016, essentially almost unchanged from the previous month. March 2016 saw a margin of about ¥70 billion, which correlated to a slight decline of less than 0.16% MoM from ¥70.1 billion in February 2016. Over a yearly timetable, the figure is higher than March 2015's ¥69.7 billion but only marginally, by about 0.38%.

Invast-Monthly-Disclosure-March-2016

The JASDAQ listed Online Trading operator said the number could differ materially from its financial statements, as the current month is expected to help wrap up its last quarter for its fiscal year ending March 2016.

About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
  • 10 Followers

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