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Japanese online trading company Invast Securities Co., Ltd. (TYO:8709) earlier today reported its financial metrics for July 2015, with the numbers pointing to a drop in revenues in monthly terms and a robust rise in annual terms.
Overall, we can say the the pattern displayed by the metrics is normal for the summer season, reflecting somewhat subdued activity on the markets, which leads to lower revenues when compared to previous months. Worth noting is that client deposits kept rising, albeit marginally, in monthly terms.
Let’s check out the particular numbers.
- Invast reported operating revenues of JPY 333 million ($2.68 million) in July 2015, down 12% from the revenues of JPY 379 million seen in June 2015.
- The operating revenues in July 2015 were 77% higher than in July 2014, when the result was JPY 188 million.
- The total amount of deposited margin rose slightly in monthly terms, from JPY 69.09 billion in June 2015 to JPY 70.4 billion in July 2015. The number was down from the level of deposits posted a year earlier.
To view the official announcement by Invast Securities, click here.