Solowin Holdings

Solowin Holdings

AXG · NASDAQ · Financial Services / Capital Markets

0.8938USD-0.04 (-4.52%)

Price History

Full chart

Market Stats

Previous Close0.9361
Open0.922
Day Range0.8925 – 0.9294
52-Week Range0.15 – 4.75
Volume95.57K
Market Cap252.72M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.09
Dividend Yield0.00%
Beta-0.13
50-Day Avg2.56
200-Day Avg3.39

About

Solowin Holdings, an investment holding company, operates as a fintech company in Hong Kong. The company offers AX COIN, an enterprise-grade stablecoin issuance for regulated stablecoin issuance and B2B infrastructure for payments, treasury management, and tokenized assets settlement; Solomon VA+ platform for trading listed securities and derivative products; and trust services, company secretarial services, and related corporate administration solutions. It also provides FERION, an end-to-end RWA tokenization platform to tokenize traditional financial and real-world assets for financial institutions, asset managers, and corporations; AX ONE, an institutional-grade digital currency treasury center and payment infrastructure; KOVAR, an AI and Web4.0 infrastructure platform, such as KYA to identity, permission, behavior, and risk governance layer for AI agents operating in Web3 and enterprise environments; and KovaRouter, an enterprise AI model aggregation and intelligent routing platform. In addition, the company offers AgenPay, an AI-native payment layer for agentic payment infrastructure; AgentX, an AI-powered digital asset management platform; cross-border payment and settlement; private wealth management; end-to-end RWA tokenization, including structuring, issuance, and distribution; and treasury, custody, and payment orchestration, conversion and smart routing, and card programs. Further, it is involved in underwriting initial public offerings and facilitating SPAC mergers; provision of follow-ons, private placement, debt financing, and financial advisory solutions; securities brokerage and integrated investment solutions; and investment funds and managed accounts. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Ling Ngai Lok
  • Employees80
  • HeadquartersTower 3, China Hong Kong City, Tsim Sha Tsui, Hong Kong, 999077, USA
  • Websitehttps://solowin.io

Leadership

  • Mr. Ling Ngai LokCEO & Chairman · b. 1983
  • Ms. Lili Liu C.F.A.CFO & Secretary · b. 1983

Financials

Income Statement

Currency: USD2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue152.33K418.27K568.08K548.40K361.73K3.59M
Growth (%)-+174.57%+35.82%-3.46%-34.04%+893.56%
Cost of Revenue48.50K180.87K5.49K9.59K86.23K2.83M
Gross Profit103.83K237.40K562.59K538.82K275.50K766.01K
Gross Margin68.16%56.76%99.03%98.25%76.16%21.31%
Operating Expense153.62K359.05K398.28K1.10M1.32M2.43M
Operating Income-49.79K-121.65K164.31K-566.17K-1.04M-1.67M
Operating Margin-32.68%-29.08%28.92%-103.24%-288.47%-46.36%
EBITDA-40.89K-93.91K174.39K-558.63K-1.08M-1.69M
EBITDA Margin-26.84%-22.45%30.70%-101.86%-298.51%-46.88%
Net Income-83.20K-125.76K172.09K-582.27K-1.10M-1.69M
Net Income Margin-54.61%-30.07%30.29%-106.18%-302.87%-46.97%
R&D260.00K570.00K310.00K400.00K460.00K-
R&D as % of Total Revenue170.68%136.28%54.57%72.94%127.17%-
Interest Expense40.76K29.42K00641.590
Interest Expense % of Total Revenue26.76%7.03%0.00%0.00%0.18%0.00%

Balance Sheet

Currency: USD2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets13.72M9.46M10.23M15.40M12.31M6.47M
Total Liabilities12.26M7.46M6.89M6.48M7.58M3.26M
Total Equity1.46M2.00M3.34M8.92M4.73M3.21M
Cash542.00K977.00K1.93M2.14M3.84M2.14M
Total Debt261.00K98.00K251.00K1.07M1.08M980.33K
Net Debt-281.00K-879.00K-1.67M-1.07M-2.76M-1.16M

Cash Flow

Currency: USD2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow1.42M-737.11K-56.51K-716.60K-135.63K-2.25M
Investing Cash Flow45.27K14.64K28.70K-175.86K36.83K570.47K
Financing Cash Flow-6.19K187.55K-43.50K858.84K304.88K2.98M
Capital Expenditure4.77K2.18K1.01K18.02K11.29K23.84K
Free Cash Flow1.42M-739.29K-57.53K-734.62K-146.92K-2.27M
FCF to OCF99.67%100.30%101.80%102.52%108.32%101.06%

Earnings

Report DateDec 31, 2024Jun 30, 2025Jan 9, 2026Oct 30, 2026
EPS Estimate0.000.00--
EPS Actual-0.39-0.14-0.07-
Surprise----
Timing--After-hours-

Key Statistics & Ratios

Market Cap252.72M
Enterprise Value305.85M
Trailing P/E0.00
Forward P/E0.00
Price / Sales9.16
Price / Book12.66
EPS-0.09
Book Value0.133
Revenue (TTM)27.59M
Gross Profit (TTM)27.09M
Profit Margin-47.74%
Operating Margin37.97%
Return on Equity-89.06%
Return on Assets-42.17%
Shares Outstanding163.03M
Shares Float55.62M
Beta-0.13
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
0.85%
Insiders
87.03%
Retail / Other
12.12%

Top Institutional Holders

  • Morgan Stanley - Brokerage Accounts
    857.07K0.44%
  • SG Americas Securities, LLC
    260.51K0.13%
  • Mangrove Partners
    139.78K0.07%
  • Geode Capital Management, LLC
    98.10K0.05%
  • SEB Asset Management AB
    58.09K0.03%
  • Engineers Gate Manager LP
    56.12K0.03%
  • BlackRock Inc
    43.62K0.02%
  • UBS Group AG
    23.51K0.01%
  • The Goldman Sachs Group Inc
    15.37K0.01%
  • Centiva Capital LP
    11.42K0.01%
  • Advisor Group Holdings, Inc.
    2.00K0.00%
  • CoreCap Advisors, LLC
    7500.00%
  • Tower Research Capital LLC
    6320.00%
  • Barclays PLC
    00.00%
  • Millennium Management LLC
    00.00%
  • Renaissance Technologies Corp
    00.00%
  • Jane Street Group LLC
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    98.10K0.05%
  • SEB Blockchain Economy Exposure B (USD)
    60.57K0.03%
  • BSF Systematic US Eq Abs Ret A2 USD
    2.15K0.00%

Stock Splits

  • Oct 29, 20261:200
  • Oct 26, 20261:200