Japan’s Invast Securities sees revenues drop 15% MoM in October 2015


Japanese online trading company Invast Securities Co., Ltd. (TYO:8709) earlier today published its financial metrics for October 2015, with the numbers displaying a continued month-on-month drop in revenues. On the brighter side, the broker managed to report a slight rise in the amount of client deposits.

Invast said its operating revenues for October 2015 amounted to JPY 283 million (US$2.3 million), a result which is 15% lower than the one recorded in September 2015, which itself saw operating revenues decline.

In annual terms the drop was even more pronounced, as Invast’s operating revenues in October 2015 were 21.6% lower than in October 2014.

The positive piece of news was delivered from deposited funds. In October 2015, the total amount of deposited margin reached JPY 71.1 billion, up 1% from the result seen in the preceding month.

invast_chart_revenues

You can view the detailed report from Invast by clicking here.

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Japan's Invast Securities sees revenues drop 15% MoM in October 2015

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