Invast’s Revenues Extend Fresh Lows in May, Lowest in Two Years

Revenues refused to rebound in May at Invast, instead shrinking to their lowest level in nearly two years.

Invast Securities has released its May 2016 monthly financial metrics, having inked its lowest revenues in nearly two years, ultimately extending a recent downtrend that has been afflicted the broker, according to an Invast statement.

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For the month ending May 2016, Invast reported its operating revenues at $2.25 million (¥238 million), down a sizable -25.4% MoM from $3.2 million (¥319 million) in April 2016 – this latest performance now caps a four month consecutive decline in its revenues, which strikes a new two year low after retreating below the $2.3 million (¥244 million) level set back in November 2015.

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The dive in revenues in nothing exclusive to Invast as many other brokers are facing similar plights headed into H2 2016. Furthermore, May 2016’s operating revenues were also much lower than its 2015 equivalent – rescinding by a factor of -16.2% YoY from $2.69 million (¥284 million) back in May 2015.

In addition, Invast also released its total amount of deposited margin, which inched lower slightly MoM in May 2016, though not to the level seen in its revenues. Rather a muted drop to $659.2 million (¥69.7 billion) was reported during the month, relative to $666.3 million (¥70.1 billion) in April 2016 or less than -1.0% MoM. Over a yearly timetable, this figure was unchanged YoY from $653.0 million (¥69.0 billion) in May 2015.

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.

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