Invast’s April Monthly Revenues Strike New 2016 Lows
- The monthly decline in revenues reached a new low in April, continuing a fall from a February peak.
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.
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.
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.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
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.
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.