GMO Click Operating Revenues See Steady Rise in November 2016

Preliminary operating revenues at GMO Click amounted to $24.71 million in the month ending November 30, 2016.

GMO Click Holdings Inc (TYO:7177), the parent company of Japanese online trading giant GMO Click Securities, earlier today announced its preliminary operating revenues for November 2016, which saw considerable growth compared to the last month.

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In terms of GMO’s November 2016 preliminary operating revenues, the company put together a strong YoY and MoM performance when weighed against its 2015 and October 2016 results. Preliminary operating revenues at GMO Click amounted to JPY 2,851 million ($24.71 million) in the month ending November 30, 2016, up 45.7 percent MoM from the reading of JPY 1,957 million ($16.96 million) registered in the prior month.

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In addition, the comparison with last year’s metrics showed a similar upbeat picture, as the figure reflected an increase of 40.0 percent YoY from JPY 2,036 million ($17.66 million) set back in November 2015.

GMO CLICK’s operating revenues had trended lower in each quarter during FY 2017– after peaking in Q1 2016 at JPY 7,808 million ($67.72 million). However, the group’s revenue actually looks to be on track for a better third quarter in the fiscal year ending March 31, 2017.

Earlier this month, GMO CLICK released its overall November 2016 trading volumes, having displayed a strong ascension of 64.5 percent YOY compared to the prior year. TFX Click 365 trading volume also rose 54.2 percent from the previous month, whilst the total customer assets jumped to ¥697,252 million in November 2016 from ¥686,249 million in October 2016, representing an increase of 1.6 percent.

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