- iFAST (SGX:AIY)'s 3Q22 net revenue of S$30.07m (- 1.3% y-o-y, +0.7% q-o-q) as global financial markets continued to go through very difficult conditions. See iFAST's earnings announcement dated 26 Oct 2022.
- - Read this at SGinvestors.io -
- Recurring net revenue (non-banking operation) was up a healthy 5.9% y-o-y, largely due to higher net interest income. For the 9-month period, recurring revenue accounted for 69.9% of total revenue.
Our Thoughts on iFAST's 3Q22
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
Lee Keng LING DBS Group Research | https://www.dbs.com/insightsdirect/ 2022-10-27
Read also DBS's most recent report:
2023-10-27 iFAST Corporation - Improving Operating Metrics; 3Q23 Results Above Expectations.
Previous report by DBS:
2023-04-26 iFAST Corporation - Start-Up Losses & High Costs Still A Drag.
Price targets by 2 other brokers at iFAST Target Prices.
Listing of research reports at iFAST Analyst Reports.
Relevant links:
iFAST Share Price History,
iFAST Announcements,
iFAST Dividends & Corporate Actions,
iFAST News Articles