GMO Click Revenues Jump 16% QoQ in Q1 FY 2016

The first quarter figures show a stable start for the Japanese forex brokerage in the new fiscal year.

GMO Click Holdings Inc (TYO:7177), the parent company of Japanese online trading giant GMO Click Securities, earlier today announced the financial metrics for fiscal year ending March 31, 2017, with operating revenues remaining almost flat compared with the same period of 2015, as per an official statement.

Operating revenues at GMO Click amounted to JPY 7,808 billion ($73.6 billion) in Q1 FY 2016, up 16 percent from the reading of JPY 6,735 billion registered in Q4 2016. In annual terms, the comparison was not that rosy, as the Q1 2016 result reflected a marginal decrease of -0.4 percent compared with the period from 1 April to 30 June 2015.

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Worth noting is that the June revenues are the highest since the start of the 2016 for GMO. The company posted JPY 3.02 trillion ($28.8 billion) in revenues for June 2016, up 27.3 percent from of JPY 2.37 trillion ($22.7 billion) in May 2016, and an increase of 24.2 percent compared with June 2015’s figures of JPY 2.43 trillion ($23.2 billion).

The operating revenue of GMO Click Holdings continued its downward movement in the Q4 2015 and decreased further 0.4% from the third quarter. The highest operating revenue for GMO in 2015 and 2016 was reported for Q1 2016, when it was JPY 7,838 billion.

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