Solowin Holdings Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

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 (YoY)	181.08%	-34.30%	-3.64%	36.76%	175.70%	-
Gross Profit	7.61	2.82	4.29	4.45	3.26	1.18
Selling, General & Admin	14.17	11.45	7.87	3.15	4.33	1.88
Other Operating Expenses	-0.06	-0.5	0.85	0.02	0.1	-
Total Operating Expenses	14.11	10.95	8.72	3.17	4.43	1.88
Operating Income	-6.5	-8.13	-4.43	1.29	-1.18	-0.7
Interest Income	0.02	0.05	0.03	-	0	0
Interest Expense	-	-0.01	-	-	-	-
Other Non-Operating Income (Expense)	-0.62	-0.43	0	0.06	0.2	0.06
Total Non-Operating Income (Expense)	-0.6	-0.39	0.03	0.06	0.2	0.06
Pretax Income	-6.9	-8.52	-4.4	1.35	-0.98	-0.65
Provision for Income Taxes	0.02	0.02	0.16	-	-	-
Net Income	-6.92	-8.54	-4.56	1.35	-0.98	-0.65
Minority Interest in Earnings	-0	-	-	-	-	-
Net Income to Common	-6.92	-8.54	-4.56	1.35	-0.98	-0.65
Shares Outstanding (Basic)	43	16	14	12	10	8
Shares Outstanding (Diluted)	43	16	14	12	10	8
Shares Change (YoY)	178.57%	17.51%	14.37%	15.78%	28.25%	-
EPS (Basic)	-0.21	-0.53	-0.33	0.11	-0.09	-0.08
EPS (Diluted)	-0.21	-0.53	-0.33	0.11	-0.09	-0.08
Shares Outstanding	187.2	16.48	15.5	12	12	8.08
Free Cash Flow	-6.36	-1.15	-5.75	-0.45	-5.76	11.01
Free Cash Flow Per Share	-0.15	-0.07	-0.42	-0.04	-0.56	1.36
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-85.51%	-288.47%	-103.24%	28.92%	-36.12%	-59.44%
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%
EBITDA	-6.01	-8.03	-4.4	1.31	-1.16	-0.69
EBITDA Margin	-79.07%	-284.96%	-102.54%	29.33%	-35.53%	-58.43%
EBIT	-6.5	-8.13	-4.43	1.29	-1.18	-0.7
EBIT Margin	-85.51%	-288.47%	-103.24%	28.92%	-36.12%	-59.44%
Effective Tax Rate	-0.28%	-0.22%	-3.52%	0.00%	0.00%	0.00%

Updated Jan 10, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q