Solowin Holdings, Ltd.
AXG Nasdaq· Security Brokers, Dealers & Flotation Companies
KIRA · Stoqly’s AI analyst, in plain words
- Solowin Holdings, Ltd. had $28.0M of revenue in fiscal 2026, up 895.0% on the year before.
- Solowin Holdings, Ltd. lost $13.3M in fiscal 2026.
- Free cash flow was −$15.5M in fiscal 2026, −55.3% of revenue.
Market cap
—
P/E
—
Revenue
$28.0M
Net income
−$13.3M
Free cash flow
−$15.5M
Operating margin
—
Solowin Holdings, Ltd. in 30 seconds · fiscal 2026
Are sales growing?
+895.0%
Yes. Sales grew 895.0% last year.
Does it make a profit?
−47.4%
No. It lost money last year.
Does profit turn into cash?
−55.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
What Solowin Holdings, Ltd. does
No business description yet.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F · Aug 3, 2026
- Legal name
- Solowin Holdings, Ltd.
- CIK
- 0001959224
Solowin Holdings, Ltd. · AXG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.3M | $4.5M | $4.3M | $2.8M | $28.0M |
| Revenue growth | — | 36.8% | −3.6% | −34.3% | 895.0% |
| Operating margin | 6.0% | 1.4% | 0.1% | — | — |
| Net income | −$1.0M | $1.3M | −$4.6M | −$8.5M | −$13.3M |
| Net margin | −30.1% | 30.3% | −106.2% | −302.9% | −47.4% |
| Diluted EPS | −$0.09 | $0.11 | −$0.33 | −$0.53 | −$0.11 |
| Cash | |||||
| Cash from operations | −$5.7M | −$0.4M | −$5.6M | −$1.1M | −$15.3M |
| Capital expenditure | $0.0M | $0.0M | $0.1M | $0.1M | $0.2M |
| Free cash flow | −$5.8M | −$0.5M | −$5.7M | −$1.1M | −$15.5M |
| FCF margin | −176.8% | −10.1% | −134.0% | −40.6% | −55.3% |
| Share count change | — | 15.8% | 14.4% | 17.5% | 674.4% |
| Debt and strength | |||||
| Cash and short-term investments | $1.0M | $1.9M | $2.1M | $3.8M | $16.8M |
| Debt incl. finance leases | — | — | — | $0.0M | — |
| Loans, net | — | — | $0.6M | — | — |
| Shareholders' equity | $2.0M | $3.3M | $8.9M | $4.7M | $25.2M |
| Current ratio | — | 1.4x | 2.1x | 1.3x | 1.5x |
| Interest coverage | 0.9x | — | — | — | — |
| Returns and quality | |||||
| Return on equity | −49.0% | 50.5% | −74.3% | −125.1% | −88.9% |
| Return on tangible equity | −49.0% | 41.2% | −51.5% | −183.8% | −54.2% |
| Piotroski F-score | — | — | 1 | 1 | 3 |
| Altman Z'' | — | 2.0 | 3.1 | — | — |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Solowin Holdings, Ltd. · AXG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001959224). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.