Invast Securities Reports 7.7% Rise in February Operating Revenues

Japanese Yen weakness and market volatility may have helped operating profits rise month-over-month while margin deposits fell.

This Wednesday morning in Tokyo Invast Securities disclosed its February 2016 trading metrics which showed a continuation of the momentum growth from January, as operating revenues grew by 7.7% to 375 Million Japanese Yen (¥), up from¥348M reported the prior month.

The February total using today’s spot rate of 112.54 would be $3.33 million USD, whereas January’s total was previously converted in Finance Magnates last coverage which resulted in $3.03 million at a much stronger rate of yen at 105.44 as the currency weakened quickly since the start of 2016.

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While the revenue increase showed a modest gain, the total amount of margin on deposit by clients dipped from ¥70.756 billion in January to ¥70.116 billion for February, and dropped by barely 1% Month-over-Month (MoM), or ¥640 million ($5.68 million USD) lower.

The JASDAQ listed operator said the number could differ materially from its Financial Statements, and as the current month is expected to help wrap up its last quarter for its fiscal year ending March 2016. The firm maintained a robust dividend of nearly 7% to shareholders and had seen strong year-over-year growth in its last quarter report.

Shares of Invast were down 50 JPY per share to 1,390 and lower by 3.47% around time of the news, after pulling back from this month’s high, and lower from the all-time high reached last November, yet still in an uptrend when viewed over a longer period. Below is chart compiled using data from the reported February total’s including recent trailing months:

Source: Using Invast February 2106 reported Data
Source: Using Invast February 2106 reported Data
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