Solowin Holdings (SWIN)

Solowin Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest and Dividend Income	0.13	0.13	0.03	0.35	0.42
Total Interest Expense	-	-	-	0.23	0.32
Net Interest Income	0.13	0.13	0.03	0.12	0.1
Brokerage Commission	0.05	0.05	0.07	1.84	0.77
Asset Management Fee	0.87	0.87	0.39	0.33	-
Underwriting & Investment Banking Fee	2.86	2.86	2.52	0.73	-
Other Revenue	0.38	0.38	1.45	-	-
Revenue Before Loan Losses	4.29	4.29	4.45	3.03	0.87
Provision for Loan Losses	0.85	0.85	0.02	0.1	-
Revenue	3.44	3.44	4.44	2.93	0.87
Revenue Growth (YoY)	-22.50%	-22.50%	51.47%	238.50%	-
Salaries & Employee Benefits	5.04	5.04	1.29	0.94	-
Cost of Services Provided	2.82	2.82	1.86	3.16	1.57
Total Operating Expenses	7.87	7.87	3.15	4.1	1.57
Operating Income	-4.43	-4.43	1.29	-1.18	-0.7
Currency Exchange Gains	-	-	0.01	0.02	-
Other Non-Operating Income (Expenses)	0.03	0.03	0	0.18	0.06
EBT Excluding Unusual Items	-4.4	-4.4	1.3	-0.98	-0.65
Other Unusual Items	0	0	0.05	-	-
Pretax Income	-4.4	-4.4	1.35	-0.98	-0.65
Income Tax Expense	0.16	0.16	-	-	-
Net Income	-4.56	-4.56	1.35	-0.98	-0.65
Net Income to Common	-4.56	-4.56	1.35	-0.98	-0.65
Shares Outstanding (Basic)	14	14	12	10	8
Shares Outstanding (Diluted)	14	14	12	10	8
Shares Change (YoY)	14.37%	14.37%	15.78%	28.25%	-
EPS (Basic)	-0.33	-0.33	0.11	-0.09	-0.08
EPS (Diluted)	-0.33	-0.33	0.11	-0.09	-0.08
Free Cash Flow	-5.75	-5.75	-0.45	-5.76	11.01
Free Cash Flow Per Share	-0.42	-0.42	-0.04	-0.56	1.36
Operating Margin	-128.89%	-128.89%	29.04%	-40.16%	-81.16%
Profit Margin	-132.56%	-132.56%	30.42%	-33.44%	-74.57%
Free Cash Flow Margin	-167.24%	-167.24%	-10.17%	-196.55%	1272.72%
Revenue as Reported	4.29	4.29	4.45	3.26	1.18

Source: S&P Capital IQ. Capital Markets template. Financial Sources.