GMO Click Releases Steady Q1 2016 Financial Metrics

GMO's Q1 figures indicate the brokerage is continuing to build on its February 2016 highs.

GMO Click Holdings Inc, the Japanese broking giant, has released preliminary consolidated financial results for the first quarter of the fiscal year ending 31 March 2017, covering the period 1 April to 30 June 2016.

The latest financial metrics issued in a statement by the brokerage today follow the company’s recently released consolidated operating revenue figures for June 2016 which were reported by Finance Magnates earlier last week.

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Steady Revenue

Operating revenue for the 3 months ended 30 June 2016 was recorded as ¥7.80 trillion ($73.6 billion), remaining almost flat compared with ¥7.83 ($74.4 billion) for the same period ending June 2015, while reflecting a marginal decrease of -0.4 percent.

Operating income for the same period was ¥3.4 trillion ($32.1 billion), reflecting an increase of 9.3 percent over the previous year’s figures of  ¥3.1 trillion ($29.2 billion).

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The preliminary figures are based on certain assumptions that the company considered reasonable as of the published date of its release. The actual financial results may differ from the preliminary figures which are shortly to be published.

Positive Outlook

The latest financial metrics also follow the company’s recently reported trading volumes for June which rebounded strongly over the month, achieving OTC FX trading figures of ¥110.2 trillion ($1.08 billion), a level that had not been seen since February 2015.

Overall Q1 financials indicate that the broker is firmly on track to record continuing upbeat financial results for the rest of 2016.

 

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