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Company price
0.2 USD -1.10 ( 84.62%)
Last update at 2026-09-25T20:29:00Z
VOLUME
99375177
Market Cap
663.23M

Momentum Score

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Solowin Holdings, an investment holding company, provides corporate finance, wealth management, virtual assets, and asset management services in Hong Kong. It operates Solomon VA+, a trading platform that allows investors to trade over listed securities and their derivative products listed on the Hong Kong Stock Exchange (HKSE), New York Stock Exchange, Nasdaq, Shanghai Stock Exchange, and Shenzhen Stock Exchange; and provides online account opening and trading services through its front trading and back-office clearing systems. The company also offers Hong Kong initial public offering (IPO) underwriting, public offer application, and margin financing services; international placing subscription; Hong Kong pre-IPO securities trading; US IPO subscription; virtual assets trading, IPO subscription and placement, bond trading, fund subscription, equity custodian and agent, investment immigrant account management, enterprise employee shareholding exercise, professional investment research, and instant quotation services. In addition, it provides investment advisory services to its clients based on their financial needs and risk appetite; and issues and manages various fund products. Further, the company offers professional asset management services to financial and private institutions; tailored financial services to individual investors; investment banking services; virtual asset dealing, virtual assets spot exchange-traded products subscription and redemption, security token offering, and blockchain services; financial and independent financial advisory services for unlisted and listed companies; and securities dealing and advice, financial planning, and offshore private fund investment services. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

Source: TradingView
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Day Price Range
0.15
Low
1.21
High
52 Week Price Range
2.69
Low
4.75
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Solowin Holdings (NASDAQ: AXG) is limited and the company’s public filings provide minimal detail about its operating subsidiaries, revenue sources, or industry focus. As a small listed holding company, long-term growth drivers may include value creation through acquisitions, divestitures, or operational improvements, and investors may find the stock attractive for potential upside if asset values are realized or business lines are clarified.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.30
Dividend Yield
-
Revenue TTM
7.66M
Revenue Per Share
0.18
Gross Profit TTM
7.07M
Debt / Equity
0.23
ROE
-3.69%
Net Debt
-2.76M
ROCE
-22.69%
Diluted EPS TTM
-0.21

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -1.09M -0.56M 0.17M -0.13M -0.08M
Net income -1.10M -0.58M 0.17M -0.13M -0.08M
Selling general administrative 7.28M 1.70M 1.39M 1.09M 1.22M
Selling and marketing expenses 1.01M 0.93M 0.44M 0.70M -
Gross profit 0.28M 0.54M 0.56M 0.24M 0.10M
Reconciled depreciation 0.10M 0.03M 0.02M 0.02M -
Ebit -1.09M -0.56M 0.17M -0.10M -0.04M
Ebitda -1.08M -0.56M 0.17M -0.09M -0.04M
Depreciation and amortization 0.01M 0.00M 0.00M 0.00M 0.00M
Operating income -1.04M -0.57M 0.16M -0.12M -0.05M
Other operating expenses 1.41M 1.11M 0.40M 0.54M 0.20M
Interest expense 0.00M 0.00M 0.00M 0.03M 0.04M
Tax provision 0.02M 0.15M 0.00M 0.00M -
Interest income - 0.03M 0.00M 0.00M -
Net interest income -0.01M 0.00M 0.00M -0.23M -
Income tax expense 0.00M 0.02M - - -
Total revenue 0.36M 0.55M 0.57M 0.42M 0.15M
Total operating expenses 1.32M 1.10M 0.40M 0.36M 0.15M
Cost of revenue 0.09M 0.01M 0.01M 0.18M 0.05M
Total other income expense net -0.05M 0.00M 0.01M -0.00M -0.03M
Net income from continuing ops -8.54M -4.56M 1.35M -0.98M -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 12.31M 15.40M 10.23M 9.46M 13.72M
Intangible assets 0.09M 0.08M 0.01M 0.01M 0.01M
Other current assets 5.55M 6.50M 6.10M 7.15M 0.91M
Total liab 7.58M 6.48M 6.89M 7.46M 12.26M
Total stockholder equity 4.73M 8.92M 3.34M 2.00M 1.46M
Other current liab 1.48M 0.24M 0.17M 0.07M 0.02M
Common stock 0.00M 0.00M 0.00M 0.00M 0.00M
Capital stock 0.00M 0.00M 0.00M 0.00M -
Retained earnings -14.52M -5.98M -1.43M -2.78M -1.80M
Good will - - 0.06M 0.06M 0.06M
Other assets - -10.65M - - -
Cash 3.84M 2.14M 1.93M 0.98M 0.54M
Total current liabilities 7.49M 6.04M 6.79M 7.46M 12.16M
Current deferred revenue - - 0.12M - -
Net debt -2.76M -1.07M -1.67M -0.88M -0.28M
Short term debt 1.00M 0.63M 0.16M 0.10M 0.16M
Short long term debt 0.42M - - - -
Short long term debt total 1.08M 1.07M 0.25M 0.10M 0.26M
Other stockholder equity 19.22M 14.91M 4.79M 4.79M 3.27M
Total current assets 9.66M 12.79M 9.72M 9.10M 13.24M
Long term investments 0.37M 0.25M 0.00M - -
Net receivables 0.27M 4.15M 1.70M 0.97M 0.06M
Inventory - - - - 11.73M
Accounts payable 5.02M 5.11M 6.35M 7.29M 11.98M
Accumulated other comprehensive income 0.03M -0.00M -0.02M -0.01M -0.00M
Non currrent assets other 1.37M 11.72M 0.16M 0.16M 0.11M
Non current assets total 2.65M 13.26M 0.50M 0.36M 0.48M
Capital lease obligations 0.66M 1.07M 0.25M 0.10M -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments 0.29M -1.38M 0.23M 0.11M -
Total cashflows from investing activities 0.04M -0.18M 0.03M 0.01M 0.05M
Net borrowings 0.42M 0.00M 0.00M - -
Total cash from financing activities 0.30M 0.86M -0.04M 0.19M -0.01M
Net income -1.10M -0.58M 0.17M -0.13M -0.08M
Change in cash 0.22M 0.03M 0.12M 0.06M 0.07M
Begin period cash flow 0.27M 0.25M 0.12M 0.07M 0.89M
End period cash flow 0.49M 0.27M 0.25M 0.12M 0.07M
Total cash from operating activities -0.14M -0.72M -0.06M -0.74M 1.42M
Issuance of capital stock 1.00M 7.07M 0.00M 1.52M -
Depreciation 0.01M 0.00M 0.00M 0.00M 0.00M
Other cashflows from investing activities 0.13M -0.12M 0.03M 0.02M 0.05M
Change to inventory - - 0.04M - -
Change to account receivables 0.44M -0.31M -0.15M -0.02M -0.01M
Other cashflows from financing activities 0.18M 0.01M -0.34M 0.20M -0.00M
Capital expenditures 0.01M 0.02M 0.00M 0.00M 0.00M
Change in working capital 0.53M -0.76M -0.23M -0.63M 1.50M
Stock based compensation 3.31M 3.81M 0.00M 0.00M -
Other non cash items 0.41M 0.63M 0.00M 0.01M 0.01M
Free cash flow -0.15M -0.73M -0.06M -0.74M 1.42M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
AXG
Solowin Holdings
-1.10
84.62%
0.20 - - 86.63 1.79 85.22 19.08
GS
Goldman Sachs Group Inc
12.16
1.32%
935.45 17.21 16.00 4.47 2.26 11.15 -
SCHW
Charles Schwab Corp
-0.46
0.46%
99.03 19.53 13.89 7.16 4.22 8.80 -
MS
Morgan Stanley
-0.01
0.01%
196.31 16.50 13.76 2.80 1.65 - -
IBKR
Interactive Brokers Group Inc
-0.58
0.65%
89.24 35.95 27.93 22.14 6.96 3.01 3.37

Profile*

Solowin Holdings

Solowin Holdings, an investment holding company, provides corporate finance, wealth management, virtual assets, and asset management services in Hong Kong. It operates Solomon VA+, a trading platform that allows investors to trade over listed securities and their derivative products listed on the Hong Kong Stock Exchange (HKSE), New York Stock Exchange, Nasdaq, Shanghai Stock Exchange, and Shenzhen Stock Exchange; and provides online account opening and trading services through its front trading and back-office clearing systems. The company also offers Hong Kong initial public offering (IPO) underwriting, public offer application, and margin financing services; international placing subscription; Hong Kong pre-IPO securities trading; US IPO subscription; virtual assets trading, IPO subscription and placement, bond trading, fund subscription, equity custodian and agent, investment immigrant account management, enterprise employee shareholding exercise, professional investment research, and instant quotation services. In addition, it provides investment advisory services to its clients based on their financial needs and risk appetite; and issues and manages various fund products. Further, the company offers professional asset management services to financial and private institutions; tailored financial services to individual investors; investment banking services; virtual asset dealing, virtual assets spot exchange-traded products subscription and redemption, security token offering, and blockchain services; financial and independent financial advisory services for unlisted and listed companies; and securities dealing and advice, financial planning, and offshore private fund investment services. Solowin Holdings was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

Tower 3, China Hong Kong City, Tsim Sha Tsui, Hong Kong, 999077

852 3428 3893

33

Name Title Year Born
Mr. Ling Ngai Lok CEO & Chairman 1983
Ms. Lili Liu Chief Financial Officer 1983

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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