Invast Securities has reported its April 2016 monthly financial metrics, which extended a monthly decline across key figures such as revenues, falling to its lowest level of 2016 thus far, according to an Invast statement.
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For the month ending April 2016, Invast disclosed its operating revenues at $2.91 million (¥319 million), down -7.8% MoM from $3.2 million (¥346 million) in March 2016 – the latest figures correlate to a three month consecutive retreat, after peaking at $3.4 million (¥375 million) back in February 2016.
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By extension, April 2016’s operating revenues were virtually congruent to its 2015 counterpart – relative to April 2015, the latest monthly revenues at Invast represent a gain of less than 1.0% YoY from $2.9 million (¥318 million).
Looking beyond its revenues however, Invast also released its total amount of deposited margin, which edged marginally higher in April 2016, essentially yielding no material change relative to March 2016. April 2016 saw a margin of $639.5 million (¥70.1 billion), which was reflective of a tepid rise of less than 1.0% MoM from $639.5 million (¥70.0 billion). Over a yearly timetable, the figure was also higher than April 2015, securing an increase of 1.3% YoY from $631.2 million (¥69.2 billion).
Earlier this month, Invast disclosed its annualized financial figures for the year ending March 31, 2016 – the broker saw a manifold increase across some key metrics, including a strong performance in revenues relative to the year prior.