Revenue for the same period was up 1.9% y-o-y to $53.9 million. While the company collected lower brokerage fees, it enjoyed 522.4% jump in interest revenue.
iFast Corporation (SGX:AIY
) has reported earnings of $2.98 million for 1QFY2023 ended March, down 48.1% over the year earlier period.
The company attributes the drop to start-up costs from iFast Global Bank in the UK. In addition, the total value of assets under administration dropped too.
