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Solowin Holdings AXG FINANCIAL

Financial Services · Capital Markets · Hong Kong
https://solowin.io
Company Profile ↓
$2.00
-53.05% 1Y
Mkt Cap$323.46M
P/E-18.18
P/B14.06
52W High$4.69
52W Low$2.00
Book Value$0.13
EPS (TTM)$-0.11

Company Overview

Solowin Holdings, an investment holding company, operates as a fintech company in Hong Kong. The company offers AX COIN, an enterprise-grade stablecoin issuance for regulated stablecoin issuance and B2B infrastructure for payments, treasury management, and tokenized assets settlement; Solomon VA+ platform for trading listed securities and derivative products; and trust services, company secretarial services, and related corporate administration solutions. It also provides FERION, an end-to-end RWA tokenization platform to tokenize traditional financial and real-world assets for financial institutions, asset managers, and corporations; AX ONE, an institutional-grade digital currency treasury center and payment infrastructure; KOVAR, an AI and Web4.0 infrastructure platform, such as KYA to identity, permission, behavior, and risk governance layer for AI agents operating in Web3 and enterprise environments; and KovaRouter, an enterprise AI model aggregation and intelligent routing platform. In addition, the company offers AgenPay, an AI-native payment layer for agentic payment infrastructure; AgentX, an AI-powered digital asset management platform; cross-border payment and settlement; private wealth management; end-to-end RWA tokenization, including structuring, issuance, and distribution; and treasury, custody, and payment orchestration, conversion and smart routing, and card programs. Further, it is involved in underwriting initial public offerings and facilitating SPAC mergers; provision of follow-ons, private placement, debt financing, and financial advisory solutions; securities brokerage and integrated investment solutions; and investment funds and managed accounts. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 84.7% CAGR over the past five years.

Healthy Margins

Operating margin of 38.0% supports profitability.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.31.

Recent Developments

  • Mar 2026 Revenue of $28.05M (+879.2% YoY); net profit $-13.17M.
  • Trailing 12 Months Year-on-year growth — revenue +1078.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR 84.7%, profit CAGR -358.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:84.69%
1 Year:1,078.40%

Compounded Profit Growth

5 Years:-358.86%
1 Year:-

Stock Price Performance

1 Year:-53.05%
6 Months:-44.60%
3 Months:-42.03%
1 Month:-23.08%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 0% of range
$2.00 $4.69
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)19.95 · Oversold
Price Performance
1M-23.08%
3M-42.03%
6M-44.60%
1Y-53.05%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 84.7% over 5 years.

CONS

  • Earnings shrank at -358.9% CAGR over 5 years.
  • Trading 57.4% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).
  • RSI at 20 suggests oversold conditions.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-18.18
Industry PE
12.89
Forward P/E
-
PEG Ratio
-
Book Value
$0.13
Price to Book
14.06
P/S
13.09
EV/EBITDA
-
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
84.69%
Profit 5Y
-358.86%
Revenue (YoY)
1,078.40%
Earnings (YoY)
-

Profitability & Returns

ROCE
-50.44%
ROE
-89.06%
ROA
-42.17%
Profit Margin
-47.74%
Op Margin
37.97%
Gross Margin
98.18%
EPS (Latest Qtr)
$-
EPS (TTM)
$-0.11

Balance Sheet & Liquidity

Debt/Equity
0.31
Quick Ratio
1.44
Current Ratio
1.55
Debt
$7.69M
Total Assets
$50.71M
Current Assets
$37.66M
Working Capital
$13.30M

Ownership

Promoter Holding
87.03%
Chg in Prom Hold
-9.95%
FII / Inst Holding
0.85%
Chg in FII Hold
-0.12%

Financial Snapshot

Enterprise Value
$323.46M
Total Revenue (TTM)
$27.59M
EBITDA
$-13.15M
Free Cash Flow
$-16.06M
Operating Cash Flow
$-15.34M
Shares Outstanding
161.73M
Gross Margin
98.18%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AXG Solowin Holdings FINANCIAL 2.00 -18.18 $323.46M 0.00% -50.44% -89.06% 84.69% -358.86%
2 JPM JPMorgan Chase & Co. SPXR3KFINANCIAL 353.51 15.15 $939.70B 1.72% - 17.79% 12.50% 14.83%
3 BRK-B Berkshire Hathaway Inc. SPXFINANCIAL 505.83 12.72 $712.23B 0.00% - 12.12% 4.18% 9.44%
4 V Visa Inc. SPXR3KFINANCIAL 368.64 31.35 $628.20B 0.72% 37.15% 61.19% 14.33% 13.04%
5 MA Mastercard Incorporated SPXR3KFINANCIAL 570.89 31.44 $496.37B 0.62% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPXR3KFINANCIAL 62.39 14.41 $436.28B 2.04% - 11.20% 3.14% 4.27%
7 BRK-A Berkshire Hathaway Inc. FINANCIAL 757,791.00 12.71 $370.14B 0.00% - 12.12% 7.60% 10.02%
8 HSBC HSBC Holdings plc FINANCIAL 106.26 15.18 $363.70B 3.65% - 13.10% 9.75% 12.72%
9 MS Morgan Stanley SPXR3KFINANCIAL 216.24 17.48 $339.62B 2.26% - 17.97% 3.76% 9.66%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -4.45M4.32M2.87M28.05M
Cost of Revenue -1.26M1.21M2.71M6.10M
Gross Profit -3.19M3.11M160.00K21.96M
Operating Expenses -1.85M7.51M8.54M34.91M
Operating Income -1.34M-4.40M-8.38M-12.96M
EBITDA -1.37M-4.37M-8.41M-13.15M
Interest Expense -005.00K0
Pretax Income -1.35M-4.40M-8.52M-13.29M
Tax Provision -0155.00K19.00K0
Net Income -1.35M-4.56M-8.54M-13.17M
Diluted EPS -0.11-0.33-0.53-0.11

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -10.23M15.40M12.31M50.71M
Current Assets -9.72M12.79M9.66M37.66M
Cash & Equivalents -1.93M2.14M3.84M16.80M
Inventory -----
Receivables -1.28M2.89M192.00K11.60M
Total Liabilities -6.89M6.48M7.58M25.59M
Current Liabilities -6.79M6.04M7.49M24.36M
Long Term Debt -----
Total Debt -251.00K1.07M1.08M7.69M
Total Equity -3.34M8.92M4.73M25.17M
Shares Outstanding -14.00M15.50M16.48M188.95M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --443.00K-5.61M-1.06M-15.34M
Investing Cash Flow -225.00K-1.38M287.00K4.45M
Financing Cash Flow --341.00K6.72M2.38M21.07M
Capital Expenditure --8.00K-161.00K-115.00K-726.00K
Free Cash Flow --451.00K-5.77M-1.17M-16.06M
Net Change in Cash --559.00K-263.00K1.61M10.19M

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -71.6%72.0%5.6%78.3%
Operating Margin % -30.0%-101.8%-292.4%-46.2%
Net Margin % -30.3%-105.5%-298.0%-47.0%
ROE % -40.4%-51.1%-180.5%-52.3%
ROCE % -38.9%-47.0%-174.0%-49.2%

Shareholding Pattern

Insiders
87.03%
Institutions
0.85%
Public Float
6.60%

Top Institutional Holders

#Holder% HeldSharesValue
1 Morgan Stanley 5.04% 805.77K $1.51M
2 SG Americas Securities, LLC 1.62% 259.42K $485.11K
3 Geode Capital Management, LLC 0.61% 98.10K $183.45K
4 Seb Asset Management Ab 0.36% 58.09K $108.63K
5 Blackrock Inc. 0.34% 54.66K $102.22K
6 UBS Group AG 0.28% 44.59K $83.39K
7 Centiva Capital, LP 0.13% 21.03K $39.32K
8 Engineers Gate Manager Lp 0.10% 15.49K $28.97K
9 Goldman Sachs Group Inc 0.09% 14.24K $26.63K
10 Ameritas Advisory Services, LLC 0.04% 6.15K $11.50K

Analyst View

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Latest News

Recent headlines for AXG

Google News Wed, 02 Sep 2026

AI and quantum computers may team up in finance. Solowin's unit signed a non-binding agreement. - Stock Titan

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Google News Sat, 11 Oct 2025

symbol__ Stock Quote Price and Forecast - CNN

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Google News Sat, 30 May 2026

AXG - Finviz

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Google News Fri, 21 Aug 2026

Solowin gets world's first Sharia-compliant stablecoin certification - Stock Titan

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Google News hu, 23 Jul 2026

SOLOWIN HOLDINGS Signs Strategic Services Agreement with ATTRUS to Develop Latin America Liquidity and Stablecoin Payment Network - Quiver Quantitative

<a href="https://news.google.com/rss/articles/CBMi9AFBVV95cUxOanF5dG1MYTR4R2J1SHB3NkY0QnFZbk1jYUpyTzYzX3M4QXlRNGxYQ0dLZldla0prenR2VlRIbzlaaDhHdXNKLTVxNUh2Q2cxbzFjQlhzLUZqZ2hiZDRtOVJ6T1hWdzRoMnU5Wm5acXVmSkppdHJBU0pRVTBaS1d1aDJkTy15OXFHblprTV…

Google News hu, 25 Jun 2026

Solowin Holdings Class A Actuals & Estimates (NASDAQ:AXG) - tradingview.com

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AXG — Frequently Asked Questions

What is the current share price of Solowin Holdings (AXG)?

As of 2026-09-19 21:16 PDT, Solowin Holdings (AXG) trades at $2.00 on NasdaqCM. Its 52-week range is $2.00 to $4.69.

What is the market capitalisation of AXG?

Solowin Holdings (AXG) has a market capitalisation of $323.46M on NasdaqCM.

What is the P/E ratio of AXG?

AXG trades at a trailing price-to-earnings (P/E) ratio of -18.18. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 14.06.

What is the return on equity (ROE) of AXG?

AXG has a return on equity (ROE) of -89.06%. Its return on capital employed (ROCE) is -50.44%.

Is AXG a good stock to buy?

This page provides a data-driven analysis of Solowin Holdings (AXG), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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