Solowin Holdings (AXG)

Solowin Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	8.78	3.84	2.14	1.93	0.98	0.54
Accounts Receivable	6.23	0.21	3.55	1.58	0.45	0.36
Other Receivables	0.25	0.01	0.6	0.12	0.52	0.59
Property, Plant & Equipment	2.32	0.83	1.21	0.28	0.14	0.31
Other Intangible Assets	0.07	0.09	0.08	0.06	0.06	0.06
Investments in Debt & Equity Securities	6.29	0.37	-	-	-	-
Restricted Cash	6.31	5.02	5.11	5.59	7.1	11.7
Other Current Assets	0.98	0.58	1.39	0.51	0.05	0.06
Other Long-Term Assets	8.88	1.37	1.32	0.16	0.16	0.11
Total Assets	383.17	12.31	15.4	10.23	9.46	13.72
Accounts Payable	6.68	5.02	5.11	6.35	7.29	11.98
Accrued Expenses	0.68	0.52	0.23	0.16	0.07	0.02
Short-Term Debt	-	0.42	0.01	0.01	-	-
Current Portion of Leases	0.91	0.58	0.63	0.16	0.1	0.16
Other Current Liabilities	4.77	0.95	0	-	-	-
Long-Term Leases	1.13	0.08	0.44	0.1	-	0.1
Total Liabilities	14.17	7.58	6.48	6.89	7.46	12.26
Common Stock	0.02	0	0	0	0	0
Additional Paid-In Capital	388.1	19.22	14.91	4.79	4.79	3.27
Retained Earnings	-19.15	-14.52	-5.98	-1.43	-2.78	-1.8
Comprehensive Income & Other	0.02	0.03	-0	-0.02	-0.01	-0
Shareholders' Equity	369	4.73	8.92	3.34	2	1.46
Total Liabilities & Equity	383.17	12.31	15.4	10.23	9.46	13.72
Total Debt	2.04	1.08	1.08	0.26	0.1	0.26
Net Cash (Debt)	6.74	2.76	1.06	1.67	0.88	0.28
Net Cash Growth	290.56%	159.21%	-36.21%	89.76%	212.81%	-
Net Cash Per Share	0.16	0.17	0.08	0.14	0.08	0.03
Filing Date Shares Outstanding	187.2	16.48	15.98	12	12	8.08
Total Common Shares Outstanding	187.2	16.48	15.5	12	12	8.08
Working Capital	9.51	2.16	6.76	2.93	1.64	1.08
Book Value Per Share	1.97	0.29	0.58	0.28	0.17	0.18
Tangible Book Value	25.86	4.65	8.85	3.28	1.94	1.4
Tangible Book Value Per Share	0.14	0.28	0.57	0.27	0.16	0.17

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q