Solowin Holdings AXG

0.20 (1.10) (84.62%) as of 25 Sep
Market cap
$251.0M
P/E
—

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership —

Capital & Financial Ratios

Market Cap 251.03
Revenue —
Net Income (32.71)
Free Cash Flow (20.35)
Net Debt (17.82)
Current Ratio 1.55
Debt/Equity 0.05
P/E ratio —
P/S ratio —
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2018 0.14
0.05
0.05
0.04
2017 0.19
0.04
0.05
0.05
0.05
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 8 7 9 19
Receivables 2 4 0 12
Inventory — — — —
Other — — — —
10 13 10 38
2023 2024 2025 2026
Payables 6 5 6 16
ST’ Debt — — 0 —
Other 0 — — —
7 6 7 24
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 53.83% 84.68%
Cash Flow — — 0.00%
Earnings — 0.00% 0.00%
Book Value — 65.87% 95.88%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 28
’25 — — — — 3
’24 — — — — 4
’23 — — — — 4
’22 — — — — 3
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 (15) — (4) — (15)
’25 (1) — 1 — (1)
’24 (6) — (2) — (6)
’23 0 — — — 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 (16) — (4) — (16)
’25 (1) — 1 — (1)
’24 (6) — (2) — (6)
’23 0 — — — 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — (0.11)
’25 — — — — (0.53)
’24 — — — — (0.33)
’23 — — — — 0.11
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
— — — — — — 1.84 1.28 1.16 0.15

Analyst estimates 2027–2029

Powerpack
Low Price
— — — — — — 12.74 72.55 5.09 4.75
High Price
— — — — — — 16 25 33 80
Employees
— — — — 0 0 0 0 0 0
Revenue/Emp
— — — — 3 3 4 4 3 28
Revenue
— — — — 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
— — — — (1) (3) 1 (4) (9) (13)
EBT
— — — — (30.07%) 0.00% 30.29% (102.56%) (302.20%) (47.38%)
EBT Margin
— — — — 0 0 1 (5) (9) (13)
Net Income
— — — — — 0 0 0 0 0
Depreciation
— — — — 0.00 0.31 0.37 0.31 0.17 0.22
Revenue/Sh
— — — — — (0.09) 0.11 (0.33) (0.53) (0.11)
Earnings/Sh
— — — — — (0.55) (0.04) (0.41) (0.07) (0.12)
Cash Flow/Sh
— — — — — 0.00 0.00 (0.01) (0.01) (0.01)
Capex/Sh
— — — — — (0.56) (0.04) (0.42) (0.07) (0.13)
Free CF/Sh
— — — — 0.00 0.19 0.28 0.65 0.29 0.20
Book Value/Sh
— — — — — 10 12 14 16 125
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales
— — — — 0.00 0.00 0.00 0.48 0.98 0.85
EV/FCF
— — — — — (6) 0 (6) (1) (15)
Op' Cash Flow
— — — — — 0 0 0 0 (1)
Capex
— — — — — (6) 0 (6) (1) (16)
FCF
— — — — 2 2 3 7 2 13
Working Cap'
— — — — — — 0 0 1 1
Total Debt
— — — — (8) (8) (7) (7) (8) (18)
Net Debt
— — — — 2 2 3 9 5 25
Sh' Equity
— — — — 0.00% 24.18% 22.63% (35.55%) (61.63%) (41.81%)
ROA
— — — — 0.00% 0.00% 0.00% (131.10%) 0.00% (111.41%)
ROIC
— — — — 0.00% 0.00% 50.51% (74.29%) (125.05%) (88.29%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026

Solowin Holdings peers in Capital Markets

All 93 Capital Markets stocks →

Solowin Holdings (AXG) key facts

  • Solowin Holdings (AXG) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • Solowin Holdings' revenue for fiscal 2026 (year ended March 2026) was $28.0 million, up 895.0% from fiscal 2025.
  • Solowin Holdings reported a net loss of $13.3 million, or a loss of $0.11 per share, for fiscal 2026.
  • As of September 25, 2026, AXG traded at $0.20, a market capitalization of $251.0 million.
  • Return on equity was −88.3% and debt-to-equity 0.05.

Source: company filings (standardised) and stockrow calculations.

Solowin Holdings (AXG) Latest News

News by impact score

Fine-tune

3 Oct

3

Reitar Logtech Holdings is exploring the integration of Agentic AI technology in Qatar to enhance its competitive edge in the logistics sector. This strategic move aims to leverage advanced AI capabilities to optimize operations and improve service delivery, potentially reshaping the company's market position. The initiative reflects a growing trend in the industry towards adopting innovative technologies to meet evolving customer demands and streamline processes. The introduction of Agentic AI could moderately influence Reitar's operational efficiency and competitive positioning in the logistics market.

2 Oct

4

Polygon and Standard Chartered have partnered with Solowin Holdings to launch the AlloyX Tokenized Money Market Fund, which aims to provide a new investment vehicle leveraging blockchain technology. This initiative is expected to enhance liquidity and accessibility in the money market sector, aligning with the growing trend of tokenization in finance. The partnership with established financial institutions and the introduction of a tokenized fund could significantly enhance Solowin Holdings' market position and investor interest.

22 Sep

4

Insiders hold 89% of Solowin Holdings (NASDAQ:SWIN), indicating a strong commitment to the company's future. This significant ownership stake suggests that management and key stakeholders are heavily invested in the company's success, potentially aligning their interests with those of external investors. Such insider ownership can enhance investor confidence and may positively influence market perception. High insider ownership typically leads to greater alignment of interests between management and shareholders, which can significantly impact future performance.

3

Reitar Logtech has partnered with NEXX to establish a global strategic cooperation aimed at enhancing logistics and supply chain solutions. This collaboration is expected to leverage both companies' strengths to improve operational efficiencies and expand market reach. The partnership signifies a commitment to innovation in logistics technology and aims to address evolving customer needs in the global market. The partnership may enhance operational capabilities and market positioning, but its overall impact on Solowin Holdings' trajectory is expected to be limited.

5 Sep

4

Solowin Holdings (NASDAQ: SWIN) is strategically positioned to capitalize on a significant market transition, which is expected to enhance its competitive edge and drive future growth. The company is focusing on innovative solutions that align with emerging market trends, potentially leading to increased market share and improved financial performance. Analysts suggest that SWIN's proactive approach could yield substantial benefits as the market evolves. The anticipated market transition is likely to significantly alter Solowin Holdings' competitive positioning and investor sentiment.

3 Sep

4

Solowin Holdings has finalized a $350 million deal to acquire AlloyX, aiming to enhance its stablecoin infrastructure in emerging markets. This strategic move is expected to bolster Solowin's position in the rapidly evolving digital currency landscape, particularly in regions where stablecoins are gaining traction. The acquisition aligns with Solowin's growth strategy and commitment to expanding its offerings in the cryptocurrency sector. The acquisition of AlloyX is a significant strategic move that could enhance Solowin's competitive positioning and market presence in the stablecoin sector.

4

Solowin Holdings (SWIN) has successfully completed a $350 million acquisition of AlloyX, a strategic move aimed at enhancing its long-term vision. The acquisition includes a 12-month lock-up period, indicating a commitment to stability and integration of AlloyX's assets into Solowin's operations. The acquisition is a significant strategic move that could enhance Solowin's market position and investor sentiment.

2 Sep

4

Solowin Holdings (SWIN) has announced its intent to acquire a U.S. licensed bank as part of its strategy to accelerate global financial expansion. This acquisition aims to enhance the company's capabilities in providing financial services and strengthen its position in the market. Acquiring a U.S. licensed bank is a significant strategic move that could greatly enhance Solowin Holdings' operational capabilities and market presence.

26 Aug

4

Solowin Holdings (SWIN) has announced a strategic investment in ME Group, a prominent player in the Web 3 media sector. This move aims to enhance SWIN's presence in the rapidly evolving digital landscape and capitalize on the growing demand for decentralized media solutions. The partnership is expected to leverage ME Group's innovative capabilities and expand SWIN's portfolio in the Web 3 space, potentially driving future growth and market opportunities. The investment in a leading Web 3 media outlet is a significant strategic move that could enhance Solowin's competitive positioning and market presence.

4

Solowin Holdings (SWIN) has announced a strategic investment in ME Group, a prominent Web 3 media outlet. This move aims to enhance SWIN's presence in the rapidly evolving digital media landscape and capitalize on the growing demand for decentralized content platforms. The partnership is expected to leverage ME Group's innovative approach and expertise in Web 3 technologies, positioning SWIN for potential growth in this emerging sector. The investment in a leading Web 3 media outlet is likely to significantly enhance Solowin's strategic positioning and market presence.

22 Aug

4

Solowin Holdings (SWIN) has launched a new operations center in Dubai, marking a significant step in its expansion strategy within the UAE market. This move follows the company's recent layout in Saudi Arabia, indicating a focused effort to enhance its presence in the Middle East. The Dubai center is expected to facilitate better service delivery and operational efficiency as Solowin aims to capitalize on growth opportunities in the region. The establishment of a Dubai operations center represents a major strategic move that could significantly enhance Solowin's market presence and operational capabilities in the UAE.

4

Solowin Holdings (SWIN) has launched a new operations center in Dubai, marking a significant step in its expansion strategy within the UAE market. This move follows the company's recent layout in Saudi Arabia, indicating a focused effort to enhance its presence in the Middle East region. The Dubai center is expected to facilitate better service delivery and operational efficiency as Solowin aims to capitalize on growth opportunities in the UAE. The establishment of a new operations center in Dubai represents a major strategic move that could significantly enhance Solowin's market presence and operational capabilities in the UAE.

19 Aug

4

Solowin Holdings has acquired a stake in a Singapore-based firm licensed by the Monetary Authority of Singapore (MPI) to enhance its global payment network. This strategic investment aims to accelerate the company's expansion efforts in the payment sector, leveraging the firm's regulatory approval and local expertise to strengthen its market position. Acquiring a stake in a licensed firm in Singapore is a significant strategic move that could enhance Solowin's competitive positioning and market reach.

14 Aug

4

Solowin Holdings (SWIN) has launched the Real Yield Token (RYT), aiming to achieve US$1 billion in assets under management (AUM). This innovative financial product is designed to attract investors seeking stable returns in a volatile market. The introduction of RYT is part of Solowin's strategy to enhance its portfolio and expand its market presence. The launch of the Real Yield Token represents a significant strategic move that could enhance Solowin's market positioning and attract substantial investment.

11 Aug

4

Solowin Holdings (SWIN) has announced its acquisition of AlloyX for stock valued at $350 million. Following the announcement, shares of Solowin Holdings experienced a significant increase. The acquisition represents a major strategic move that could significantly alter Solowin Holdings' market position and investor sentiment.

3 Jul

3

Solowin Holdings (NASDAQ:SWIN) reported full-year 2025 results with revenue of US$3.32 million, a 3.5% decline from FY 2024, and a net loss of US$8.54 million, widening by 87%. Despite these losses, revenue exceeded analyst estimates by 7.8%, and earnings per share surpassed expectations by 1.9%. The company forecasts a 34% annual revenue growth over the next two years, significantly outpacing the 5.5% growth forecast for the US Capital Markets industry. Shares have risen 24% in the past week, although there are four warning signs in the investment analysis, two of which are concerning. Revenue growth forecasts and earnings surpassing expectations indicate a moderately noticeable influence on future performance.

4 Jan

4

Solowin Holdings reported a loss of US$0.39 per share in the first half of 2025, compared to a profit of US$0.10 per share in the same period in 2024. The significant decrease in earnings is likely to have a major impact on Solowin Holdings' future performance and investor sentiment.

31 Dec

3

Solowin Holdings reports unaudited financial results for the first six months of fiscal year 2025. The financial results may moderately influence key areas such as financial performance and competitive positioning.

26 Dec

4

Solowin Holdings joins Project Ensemble Sandbox to explore tokenized investment products in Hong Kong. Participation in the sandbox trial for tokenized assets can significantly impact Solowin Holdings' future in the digital investment market.

29 Nov

4

Solowin Holdings partners with Horizon Trading Solutions to integrate advanced OMS and algo solutions for institutional trading clients. The partnership with Horizon Trading Solutions is expected to have a significant impact on Solowin Holdings' future performance and market positioning.

21 Nov

4

SOLOWIN Holdings (SWIN) partners with Zodia Custody to enhance Hong Kong's digital asset ecosystem. The strategic partnership with Zodia Custody is expected to significantly impact Solowin Holdings' future and market performance.

23 Oct

3

Solowin Holdings announced the release of a new equity research report from Diamond Equity Research, covering the Company's ordinary shares. The equity research report is expected to create greater awareness and exposure in the investment community for Solowin Holdings, potentially influencing key areas such as financial performance and competitive positioning.

21 Oct

4

Diamond Equity Research initiates coverage of Solowin Holdings (NASDAQ: SWIN), highlighting its competitive advantage in combining virtual asset trading and traditional financing, robust strategic partnerships, and market potential in Hong Kong. The article discusses significant strategic advantages and partnerships that are expected to have a major impact on Solowin Holdings' future performance and market positioning.

29 Jul

4

Solowin Holdings reported a net loss of US$4.56m for FY 2024, with a loss per share of US$0.33 compared to a profit of US$0.11 in FY 2023. The significant decrease in revenue and net loss, along with a warning of 5 signs, indicate a potential major impact on Solowin Holdings' future performance.

17 Jun

4

Solowin Holdings becomes largest holder of multiple spot Bitcoin and Ethereum ETFs in Hong Kong, showcasing expertise in financial products and local market. The article highlights significant strategic moves and market positioning that could alter Solowin Holdings' trajectory and investor sentiment.

28 May

4

Solowin Holdings partners with MaiCapital to expand virtual asset allocation opportunities. The strategic partnership with MaiCapital and focus on virtual assets is expected to have a significant impact on Solowin Holdings' future and market performance.

26 Apr

4

Solowin Holdings strengthens partnership with OSL to facilitate Hong Kong's innovative spot virtual asset ETFs with in-kind subscription and redemption. The partnership with OSL for spot virtual asset ETFs is a significant move that could alter Solowin Holdings' trajectory and investor sentiment.

16 Apr

4

Solowin Holdings selected as a key participating dealer for Harvest Global's first spot Bitcoin and Ethereum ETF in Hong Kong. The approval of spot Bitcoin and Ethereum ETFs in Hong Kong is a significant regulatory advancement that could have a major impact on Solowin Holdings' future and market performance.

18 Mar

4

Solowin Holdings reports 126.4% revenue growth in the first six months of fiscal year 2024. The significant revenue growth and expansion into Private Wealth Management indicate a potentially significant impact on Solowin Holdings' future performance.

14 Mar

4

Solowin Holdings expands into private wealth management business. Strategic expansion into private wealth management business is a significant move that could alter the company's trajectory and investor sentiment.

stockrow.com/AXG · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com