Interactive Brokers Sees 13% Increase in Daily Average Revenue Trades for December
January 4, 2024
☀️Trending News
Interactive Brokers ($NASDAQ:IBKR) is a leading online broker providing direct access to the global markets. In the month of December, Interactive Brokers saw an impressive 13% increase in daily average revenue trades. This marks a significant achievement for the company, which has seen consistent growth over the past few years. This could be attributed to their low cost of trading, flexible trading platforms, and powerful technology.
Additionally, their customer service and educational resources have helped them to establish a strong presence in the market. Furthermore, they continue to expand their offerings and provide innovative tools and features for their customers. As Interactive Brokers continues to grow, they remain committed to providing value to their customers and offering competitive products and services. They believe that their success comes with the success of their customers, and they strive to ensure that they are meeting their customers’ needs.
Earnings
According to their most recent financial report for FY2023 Q3 as of September 30 2021, INTERACTIVE BROKERS earned a total revenue of 515.0M USD and a net income of 42.0M USD. Compared to the same period in the previous year, this represents a 53.2% decrease in total revenue and a 57.6% decrease in net income. Despite this, INTERACTIVE BROKERS has seen significant growth in the last three years, with total revenue increasing from 515.0M USD to 2055.0M USD.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Interactive Brokers. More…
| Total Revenues | Net Income | Net Margin |
| 7.05k | 576 | 8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Interactive Brokers. More…
| Operations | Investing | Financing |
| 3.58k | -67 | -470 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Interactive Brokers. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 120.64k | 107.37k | 31.69 |
Key Ratios Snapshot
Some of the financial key ratios for Interactive Brokers are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 45.1% | 35.4% | 40.2% |
| FCF Margin | ROE | ROA |
| 49.8% | 54.1% | 1.5% |
Analysis
At GoodWhale, we conducted an analysis of INTERACTIVE BROKERS‘s wellbeing and found impressive results. Through the use of our Star Chart, we identified that INTERACTIVE BROKERS had a high health score of 8/10 considering its cashflows and debt, making it more than capable to safely ride out any crisis without the risk of bankruptcy. INTERACTIVE BROKERS was strong in dividend and growth, and medium in asset and profitability, giving it a well-rounded performance. Furthermore, we classified INTERACTIVE BROKERS as a ‘cheetah’ – a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given its impressive performance, INTERACTIVE BROKERS is likely to be of interest to many investors. Those who are attracted to risky, but potentially highly rewarding investments may find INTERACTIVE BROKERS an attractive option due to its high growth rate. On the other hand, those who value stability may opt to invest in those higher in profitability. More…
Peers
Interactive Brokers Group Inc is one of the world’s largest online brokers. They offer direct access to interbank markets and liquidity providers. They operate in over 120 markets in 33 countries and hold over $145 billion in client assets. They are a publicly traded company on the NASDAQ with a market capitalization of over $26 billion.
Excalibur Global Financial Holdings Ltd is a privately held global investment firm that specializes in providing innovative investment solutions to institutional and high net worth investors. They have a team of over 200 professionals located in offices around the world.
Monex Group Inc is a Japanese online broker that offers FX, CFD, and securities trading services. They are one of the largest online brokers in Japan with over 200,000 active accounts. They are listed on the Tokyo Stock Exchange with a market capitalization of over $4 billion.
China Strategic Holdings Ltd is a Hong Kong-based investment holding company. They are engaged in the businesses of securities and futures brokerage, money lending, and property development. They are one of the largest securities firms in Hong Kong with over 200 branches.
– Excalibur Global Financial Holdings Ltd ($SEHK:08350)
Excalibur Global Financial Holdings Ltd is a holding company that operates in the financial services sector. The company has a market cap of 104M as of 2022 and a Return on Equity of -120.35%. The company operates in two segments: banking and insurance. The company’s banking segment offers banking products and services to individuals and businesses. The company’s insurance segment offers insurance products and services to individuals, businesses, and government entities.
– Monex Group Inc ($TSE:8698)
Monex Group Inc is a Japanese financial services company that offers online trading services for forex, CFDs, and precious metals. The company has a market cap of 130.2 billion as of March 2021 and a return on equity of 9.7%. Monex Group is one of the leading online trading providers in Japan and has a strong presence in the global online trading market. The company’s services are available in over 120 countries and it has a customer base of over 1 million clients. Monex Group is a publicly traded company listed on the Tokyo Stock Exchange.
– China Strategic Holdings Ltd ($SEHK:00235)
China Strategic Holdings Ltd is a conglomerate with interests in property development, hospitality, and investment. The company has a market capitalization of 489.25M as of 2022 and a Return on Equity of -102.94%. The company’s property development portfolio includes residential, commercial, and industrial projects. The company’s hospitality portfolio comprises hotels, serviced apartments, and restaurants. The company’s investment portfolio includes equity investments and fixed income securities.
Summary
INTERACTIVE BROKERS, a major online trading and investing platform, recently reported a 13% increase in their daily average revenue trades for December. This is further evidence that investors are continuing to utilize the platform as a reliable source for trading and investing. The platform offers a wide range of tools and services which makes it an attractive option for new and experienced traders alike. In addition to robust market data, INTERACTIVE BROKERS also provides access to multiple asset classes, competitive pricing, research and analysis tools, low-cost execution, and options trading.
Customers are also able to customize their trading experience with multiple account types, risk management tools, and customer support. With its comprehensive suite of products and services, INTERACTIVE BROKERS has become one of the leading investment brokers in the industry.
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