GMO Click Releases Improved September 2016 Operating Revenue
- GMO’s 36.8% rise in operating revenue MoM indicates the brokerage is back on track after previous seasonal lows.
Japanese broking giant GMO CLICK Holdings, Inc. has reported its preliminary operating revenues for September 2016, revealing an improved performance over a monthly timeframe, although the figures are still lower than those recorded for the same period last year.
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Financial Metrics
As per the latest figures, GMO CLICK’s September 2016 preliminary operating revenues came in at $23.8 million (¥2.47 billion) compared with $17.3 million (¥1.80 billion) in August, culminating in a healthy increase of 36.8 percent MoM and suggesting that the August seasonal lull is over with the brokerage back on a positive track in September.
Looking further into the latest data, GMO CLICK’s September 2016 preliminary revenues were lower by -10.1 percent YoY from $26.4 million (¥2.75 billion) in September 2015. With the exception of June which recorded impressive revenues, GMO CLICK’s operating revenues have produced varying results this year, however, today’s upbeat figures show that the brokerage is headed in the right direction, albeit slightly behind last year’s figures for the same period.
Earlier this month, GMO CLICK released its overall September 2016 trading volumes, which came in at ¥90.4 trillion, up 15.6% from in ¥78.2 trillion August 2016. TFX Click 365 trading volume fell as well about 29.3% from the previous month. The uptick in volumes coincided with GMO CLICK’s growth in the number of new traders during the month.
Japanese broking giant GMO CLICK Holdings, Inc. has reported its preliminary operating revenues for September 2016, revealing an improved performance over a monthly timeframe, although the figures are still lower than those recorded for the same period last year.
The FM London Summit is almost here. Register today!
Financial Metrics
As per the latest figures, GMO CLICK’s September 2016 preliminary operating revenues came in at $23.8 million (¥2.47 billion) compared with $17.3 million (¥1.80 billion) in August, culminating in a healthy increase of 36.8 percent MoM and suggesting that the August seasonal lull is over with the brokerage back on a positive track in September.
Looking further into the latest data, GMO CLICK’s September 2016 preliminary revenues were lower by -10.1 percent YoY from $26.4 million (¥2.75 billion) in September 2015. With the exception of June which recorded impressive revenues, GMO CLICK’s operating revenues have produced varying results this year, however, today’s upbeat figures show that the brokerage is headed in the right direction, albeit slightly behind last year’s figures for the same period.
Earlier this month, GMO CLICK released its overall September 2016 trading volumes, which came in at ¥90.4 trillion, up 15.6% from in ¥78.2 trillion August 2016. TFX Click 365 trading volume fell as well about 29.3% from the previous month. The uptick in volumes coincided with GMO CLICK’s growth in the number of new traders during the month.