Invast Securities has reported its November 2015 monthly financial metrics, having once again yielded a staunch retreat in its revenues, according to an Invast statement.
For the month ending November 2015, Invast reported its operating revenues at $2.00 million (¥244 million), down -13.8% MoM from $2.70 million (¥283 million) in October 2015 – this marks the third straight month the financial services provider has seen its revenues incur double digit losses.
FXTM Appoints Marcelo Spina as Global Head of PartnershipsGo to article >>
November 2015’s figure is also notably lower than its 2014 counterpart – relative to November 2014, the latest monthly revenues constitute a loss of -33.5% YoY from $3.01 million (¥367 million).
In addition to its revenues, Invast also revealed its total amount of deposited margin, which ticked marginally lower in November 2015, virtually unchanged from the previous month. November 2015 saw a margin of $583.8 million (¥71.05 billion), which correlates to a decline of 1.0% MoM from $584.4 million (¥71.1 billion). Over a yearly timetable, the figure is also lower than November 2014, albeit by -1.3% YoY from $606.6 million (¥73.8 billion).
Last month, Invast released its October operating revenues coming in at $2.31 million (¥283 million), down -14.5% MoM from $2.7 million (¥331 million) in September 2015. Operating revenue in October 2015 also orchestrated a sizable loss of -21.6% YoY from $2.94 million (¥361 million) in October 2014.