Solowin Holdings (AXG)

NASDAQ: AXG · Real-Time Price · USD

3.020

-0.020 (-0.66%)

At close: Jul 31, 2026, 4:00 PM EDT

3.040

+0.020 (0.66%)

After-hours: Jul 31, 2026, 4:01 PM EDT

Solowin Holdings Financials Overview

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	7.61	2.82	4.29	4.45	3.26	1.18
Revenue Growth	169.81%	-34.30%	-3.64%	36.76%	175.70%	-
Gross Profit	7.61	2.82	4.29	4.45	3.26	1.18
Operating Income	-1.84	-8.13	-4.43	1.29	-1.18	-0.7
Net Income	-4.63	-8.54	-4.56	1.35	-0.98	-0.65
Earnings Per Share	-0.21	-0.53	-0.33	0.11	-0.09	-0.08
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY	FY	FY
Period Ending	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Investment Advisory Services	2.86	2.52	0.73
Asset Management Services	0.87	0.39	0.33
Securities Related Services	0.44	0.6	2.2
Corporate Consultancy Services	0.12	0.95	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Investments	14.58	3.84	2.14	1.93	0.98	0.54
Total Debt	2.04	1.08	1.07	0.25	0.1	0.26
Net Cash (Debt)	12.54	2.76	1.07	1.67	0.88	0.28
Net Cash Growth	354.71%	157.76%	-36.08%	90.44%	212.81%	-
Net Cash Per Share	0.29	0.17	0.08	0.14	0.08	0.03

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Cash Flow	-6.29	-1.06	-5.61	-0.44	-5.74	11.05
Capital Expenditures	-0.07	-0.09	-0.14	-0.01	-0.02	-0.04
Free Cash Flow	-6.36	-1.15	-5.75	-0.45	-5.76	11.01
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-24.18%	-288.47%	-103.24%	28.92%	-36.12%	-59.44%
Pretax Margin	-90.69%	-302.20%	-102.56%	30.29%	-30.07%	-54.61%
Profit Margin	-90.94%	-302.87%	-106.18%	30.29%	-30.07%	-54.61%
FCF Margin	-83.55%	-40.62%	-133.96%	-10.13%	-176.75%	932.18%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Forward PE	-	15.25	-	-	-	-
PS Ratio	74.41	9.30	22.47	-	-	-