Invast Securities has just reported its October 2015 monthly financial metrics, which once again was underpinned by a retreating performance across its revenues, according to an Invast statement.
For the month ending October 2015, Invast saw operating revenues at $2.31 million (¥283 million), down -14.5% MoM from $2.70 million (¥331 million) in September 2015. The figure is even lower when measured against its 2014 counterpart – relative to October 2014, the latest revenues represent a loss of-21.6% YoY from $2.94 million (¥361 million).
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However, Invast’s total amount of deposited margin has grown during October 2015, helping pare its underperformance in revenues. October 2015 saw a margin of $579.6 million (¥71.10 billion), which justifies a rise of roughly 1.0% MoM from $573.9 million (¥70.4 billion). Over a yearly timetable, the figure is slightly lower than October 2014, revealing a decline of -1.3% YoY from $587.0 million (¥72.0 billion).
Last month, Invast released its September operating revenues coming in at $2.70 million (¥331 million), down -12.0% MoM from $3.07 million (¥377 million) in August 2015. Over a yearly timeframe, operating revenue in September 2015 orchestrated a minor rise of less than 1.0% growth YoY from $2.74 million (¥330 million) in September 2014.
Despite the performance in September that pointed lower, Invast Securities could not get its revenues back on track during the month of October, which again plunged lower in what has been its worst month of the fiscal year.