GMO Click Reports Q1 Operating Revenues, MoM Decline Continues in June
- GMO Click could not reverse a monthly decline in its operating revenues, highlighted by a lackluster Q1 showing.
GMO Click, the largest brokerage in Japan, has reported its financial metrics for the month ending in June 2015, according to a GMO CLICK statement.
Earlier this month, GMO Click released a tranche of foreign exchange (FX) volumes for June 2015, which came in at ¥1.342 trillion, an increase of 29.6% over the same figure from May 2015. Over a yearly timeframe, the jump in volumes figure soared by 201% from June 2014.
Explore the Japanese FX and Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Scene at Tokyo Summit 2015
For the month ending June 2015, GMO Click yielded an operating revenue of $19.7 million (¥2,432 million) – this represents a drop of -8.4% MoM from $21.5 million (¥2,655 million) in May 2015.
In addition, operating revenue for Q1 2015 (April 2015 to May 2015) came in at $63.5 million (¥7,833 million). GMO Click’s operating revenue has declined in each successive month from April 2015, after reporting $22.3 million (¥7,833 million) – June’s figures are simply the latest month in this trend.
GMO Click also recently made headlines when its shares took a tumble of about 10% today to ¥1070, after it was announced that its parent firm, GMO Internet, sold off a portion of its holdings to the Japanese FX broker. Spun off earlier this year, at the time of GMO Click going public on the JASDAQ market, GMO Internet continued to hold a nearly 100% stake in the company.
For more information about participating at our Summit or exhibiting and sponsorship opportunities please email summit@financemagnates.com
GMO Click, the largest brokerage in Japan, has reported its financial metrics for the month ending in June 2015, according to a GMO CLICK statement.
Earlier this month, GMO Click released a tranche of foreign exchange (FX) volumes for June 2015, which came in at ¥1.342 trillion, an increase of 29.6% over the same figure from May 2015. Over a yearly timeframe, the jump in volumes figure soared by 201% from June 2014.
Explore the Japanese FX and Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Scene at Tokyo Summit 2015
For the month ending June 2015, GMO Click yielded an operating revenue of $19.7 million (¥2,432 million) – this represents a drop of -8.4% MoM from $21.5 million (¥2,655 million) in May 2015.
In addition, operating revenue for Q1 2015 (April 2015 to May 2015) came in at $63.5 million (¥7,833 million). GMO Click’s operating revenue has declined in each successive month from April 2015, after reporting $22.3 million (¥7,833 million) – June’s figures are simply the latest month in this trend.
GMO Click also recently made headlines when its shares took a tumble of about 10% today to ¥1070, after it was announced that its parent firm, GMO Internet, sold off a portion of its holdings to the Japanese FX broker. Spun off earlier this year, at the time of GMO Click going public on the JASDAQ market, GMO Internet continued to hold a nearly 100% stake in the company.
For more information about participating at our Summit or exhibiting and sponsorship opportunities please email summit@financemagnates.com