Invast Securities registers 7.7% M/M drop in revenues in March 2016
Invast Securities registers 7.7% M/M dropJapanese online trading company Invast Securities Co., Ltd. (TYO:8709) has just published its financial metrics for March 2016, with revenues failing to match the result registered in February 2016.
Invast Securities registers 7.7% M/M drop
The company reported operating revenues of JPY 346 million ($3.18 million) for March 2016, a result which is 7.7% lower than the result of JPY 375 million registered in February 2016.
In annual terms, the comparison was negative too, as Invast’s operating revenues in March 2016 were 15% lower than in March 2015 (revenues of JPY 407 million).
Invast Securities registers 7.7% M/M drop
The total amount of deposited margin at the end of March 2016 was JPY 70 billion, down from JPY 70.1 billion at the end of the preceding month Invast Securities registers 7.7% M/M drop.