Invast Securities Reports Weak Operating Revenues in February

Invast Securities, a retail broker, headquartered in Japan, has released its financial results for February of 2019, revealing a significant drop in revenues when compared to that achieved in the previous month.

Specifically, operating revenue for the second month of 2019 was ¥380 million ($3.4 million). This is the first time monthly operating revenue has fallen below ¥400 million in five months. When measuring this against the revenue achieved in January of 2019, which was ¥457 million, this is down by 20.3 percent.

When taking a step back and looking at the broader picture, last month’s result doesn’t look as bad, as the operating revenue achieved in February of last year was ¥391 million. Taking this into consideration, last month’s figure, while still lower, is only less by 2.8 percent year-on-year.

The operating revenue reported in February of 2019 is the lowest monthly figure noted since September of last year, which was ¥353 million. By comparison, February of 2019’s result was higher by 7.6 percent.

Margin Deposits Climb in February on Invast Securities

However, despite a fall in operating revenues for Invast Securities, the total amount of deposited margin during the month of February came in at ¥82.81 billion. This is a stronger result than that noted in the previous month by 3.2 percent.

In fact, February’s result is higher than any month of 2018, with the next best performance achieved in October of 2018, which was ¥80.8 billion, which is still lower by 2.5 percent.

In terms of margin deposits, February of last year actually reported the weakest figure in the whole of 2018, at ¥73.27 billion. When comparing February of 2019 against February of 2018, last month’s result climbed by 13.02 percent year-on-year.

In 2018, October and November posted the strongest results for the total amount of deposited margin on a monthly basis. However, December figuratively dropped that ball.