Solowin Holdings Class A Ordinary Share AXG
Finances
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | 2.865 M -33.68 % | 4.320 M -2.99 % | 4.453 M 36.72 % | 3.257 M |
| Net income | -8.538 M -87.40 % | -4.556 M -437.73 % | 1.349 M 237.79 % | -979.000 K |
| Income before tax | -8.519 M -93.57 % | -4.401 M -426.24 % | 1.349 M 237.79 % | -979.000 K |
| Income before tax ratio | -2.97 -191.87 % | -1.02 -436.29 % | 0.30 200.78 % | -0.30 |
| EBITDA | -8.415 M -92.52 % | -4.371 M -419.75 % | 1.367 M 287.00 % | -731.000 K |
| Net income ratio | -2.98 -182.57 % | -1.05 -448.13 % | 0.30 200.78 % | -0.30 |
| Ratio EBITDA | -2.94 -190.29 % | -1.01 -429.60 % | 0.31 236.78 % | -0.22 |
| Gross profit ratio | 0.06 -92.24 % | 0.72 0.56 % | 0.72 147.27 % | 0.29 |
| Weighted average shs out dil | 13.725 M 0.00 % | 13.725 M -1.97 % | 14.000 M 0.00 % | 14.000 M |
| Weighted average shs out | 13.725 M 0.00 % | 13.725 M 14.37 % | 12.000 M 0.00 % | 12.000 M |
| EPS diluted | -0.62 -87.88 % | -0.33 -400.00 % | 0.11 257.37 % | -0.07 |
| Earnings per share | -0.62 -87.88 % | -0.33 -400.00 % | 0.11 234.80 % | -0.08 |
| Gross profit | 160.000 K -94.86 % | 3.110 M -2.45 % | 3.188 M 238.07 % | 943.000 K |
| Income tax expense | 19.000 K -87.74 % | 155.000 K | 0.000 | 0.000 |
| Cost of revenue | 2.705 M 123.55 % | 1.210 M -4.35 % | 1.265 M -45.33 % | 2.314 M |
| General and administrative expenses | 5.834 M 18.75 % | 4.913 M 536.40 % | 772.000 K 47.33 % | 524.000 K |
| Selling and marketing expenses | 1.006 M 8.52 % | 927.000 K 108.78 % | 444.000 K -36.84 % | 703.000 K |
| Other expenses | 1.696 M 1.68 % | 1.668 M 162.68 % | 635.000 K -4.08 % | 662.000 K |
| Operating expenses | 8.536 M 13.69 % | 7.508 M 305.62 % | 1.851 M -2.01 % | 1.889 M |
| Cost and expenses | 11.241 M 28.94 % | 8.718 M 179.78 % | 3.116 M -25.86 % | 4.203 M |
| Research and development expenses | 0.000 | 0.000 | 0.000 | 0.000 |
| Selling general and administrative expenses | 6.840 M 17.12 % | 5.840 M 380.26 % | 1.216 M -0.90 % | 1.227 M |
| Interest income | 0.000 -100.00 % | 29.000 K | 0.000 -100.00 % | 1.000 K |
| Interest expense | 5.000 K | 0.000 | 0.000 -100.00 % | 229.000 K |
| Depreciation and amortization | 99.000 K 230.00 % | 30.000 K 66.67 % | 18.000 K -5.26 % | 19.000 K |
| Operating income | -8.376 M -90.45 % | -4.398 M -428.95 % | 1.337 M 241.33 % | -946.000 K |
| Operating income ratio | -2.92 -187.17 % | -1.02 -439.07 % | 0.30 203.37 % | -0.29 |
| Total other income expenses net | -143.000 K -4 666.67 % | -3.000 K -125.00 % | 12.000 K 136.36 % | -33.000 K |
| 2025 | 2024 | 2023 | 2022 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Net debt | -2.758 M -157.76 % | -1.070 M 36.08 % | -1.674 M -90.44 % | -879.000 K |
| Total investments | 368.000 K 44.88 % | 254.000 K | 0.000 | 0.000 |
| Total debt | 1.080 M 0.93 % | 1.070 M 326.29 % | 251.000 K 156.12 % | 98.000 K |
| Accumulated other comprehensive income loss | 32.000 K 3 300.00 % | -1.000 K 94.12 % | -17.000 K -88.89 % | -9.000 K |
| Retained earnings | -14.522 M -142.68 % | -5.984 M -319.05 % | -1.428 M 48.58 % | -2.777 M |
| Common stock | 2.000 K 100.00 % | 1.000 K 0.00 % | 1.000 K 0.00 % | 1.000 K |
| Total equity | 4.731 M -46.99 % | 8.924 M 167.11 % | 3.341 M 67.05 % | 2.000 M |
| Other non current liabilities | 0.000 | 0.000 | 0.000 | 0.000 |
| Long term debt | 83.000 K -81.09 % | 439.000 K 362.11 % | 95.000 K | 0.000 |
| Total non current liabilities | 83.000 K -81.09 % | 439.000 K 362.11 % | 95.000 K | 0.000 |
| Other current liabilities | 1.475 M 512.03 % | 241.000 K 42.60 % | 169.000 K 128.38 % | 74.000 K |
| Deferred revenue | 0.000 | 0.000 -100.00 % | 120.000 K | 0.000 |
| Short term debt | 997.000 K 58.00 % | 631.000 K 304.49 % | 156.000 K 59.18 % | 98.000 K |
| Total current liabilities | 7.494 M 24.11 % | 6.038 M -11.09 % | 6.791 M -8.96 % | 7.459 M |
| Total liabilities | 7.577 M 16.98 % | 6.477 M -5.94 % | 6.886 M -7.68 % | 7.459 M |
| Other non current assets | 1.369 M 28.18 % | 1.068 M 584.62 % | 156.000 K -1.27 % | 158.000 K |
| Long term investments | 368.000 K 44.88 % | 254.000 K | 0.000 | 0.000 |
| Intangible assets | 86.000 K 11.69 % | 77.000 K 20.31 % | 64.000 K | 0.000 |
| GoodWill | 0.000 | 0.000 | 0.000 | 0.000 |
| Goodwill and intangible assets | 86.000 K 11.69 % | 77.000 K 20.31 % | 64.000 K 0.00 % | 64.000 K |
| Property plant equipment net | 828.000 K -31.40 % | 1.207 M 326.50 % | 283.000 K 102.14 % | 140.000 K |
| Total non current assets | 2.651 M 1.73 % | 2.606 M 418.09 % | 503.000 K 38.95 % | 362.000 K |
| Other current assets | 5.546 M -14.72 % | 6.503 M 6.57 % | 6.102 M -14.65 % | 7.149 M |
| Short term investments | 0.000 | 0.000 | 0.000 | 0.000 |
| cash and cash equivalents | 3.838 M 79.35 % | 2.140 M 11.17 % | 1.925 M 97.03 % | 977.000 K |
| Cash and short term investments | 3.838 M 79.35 % | 2.140 M 11.17 % | 1.925 M 97.03 % | 977.000 K |
| Total current assets | 9.657 M -24.53 % | 12.795 M 31.58 % | 9.724 M 6.89 % | 9.097 M |
| Inventory | 0.000 | 0.000 | 0.000 | 0.000 |
| Net receivables | 273.000 K -93.42 % | 4.152 M 144.67 % | 1.697 M 74.77 % | 971.000 K |
| Tax assets | 0.000 | 0.000 | 0.000 | 0.000 |
| Other assets | 0.000 | 0.000 | 0.000 | 0.000 |
| Account payables | 5.022 M -1.74 % | 5.111 M -19.46 % | 6.346 M -12.91 % | 7.287 M |
| Tax payables | 0.000 -100.00 % | 55.000 K | 0.000 | 0.000 |
| Deferred revenue non current | 0.000 | 0.000 | 0.000 | 0.000 |
| Minority interest | 0.000 | 0.000 | 0.000 | 0.000 |
| Capital lease obligations | 660.000 K -38.32 % | 1.070 M 326.29 % | 251.000 K 156.12 % | 98.000 K |
| Preferred stock | 0.000 | 0.000 | 0.000 | 0.000 |
| Other total stockholders equity | 19.219 M 28.92 % | 14.908 M 211.56 % | 4.785 M 0.00 % | 4.785 M |
| Deferred tax liabilities non current | 0.000 | 0.000 | 0.000 | 0.000 |
| Other liabilities | 0.000 | 0.000 | 0.000 | 0.000 |
| Total assets | 12.308 M -20.08 % | 15.401 M 50.59 % | 10.227 M 8.12 % | 9.459 M |
| 2025 | 2024 | 2023 | 2022 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Deferred income tax | 0.000 | 0.000 | 0.000 | 0.000 |
| Stock based compensation | 3.312 M -13.07 % | 3.810 M | 0.000 | 0.000 |
| Change in working capital | 4.154 M 172.60 % | -5.722 M -213.02 % | -1.828 M 63.79 % | -5.048 M |
| Accounts receivables | 3.430 M 243.76 % | -2.386 M -107.66 % | -1.149 M -507.94 % | -189.000 K |
| Inventory | 0.000 | 0.000 | 0.000 | 0.000 |
| Accounts payables | -89.000 K 92.79 % | -1.235 M -31.24 % | -941.000 K 79.94 % | -4.690 M |
| Other working capital | 813.000 K 138.70 % | -2.101 M -901.91 % | 262.000 K 255.03 % | -169.000 K |
| Other non cash items | -84.000 K -110.11 % | 831.000 K 4 516.67 % | 18.000 K -93.33 % | 270.000 K |
| Net cash provided by operating activities | -1.057 M 81.15 % | -5.607 M -1 165.69 % | -443.000 K 92.28 % | -5.738 M |
| Investments in property plant and equipment | -88.000 K 37.59 % | -141.000 K -1 662.50 % | -8.000 K 52.94 % | -17.000 K |
| Acquisitions net | 50.000 K 119.46 % | -257.000 K | 0.000 | 0.000 |
| Purchases of investments | -658.000 K | 0.000 | 0.000 | 0.000 |
| Sales maturities of investments | 0.000 | 0.000 | 0.000 | 0.000 |
| Other investing activites | 983.000 K 200.51 % | -978.000 K -519.74 % | 233.000 K 77.86 % | 131.000 K |
| Net cash used for investing activites | 287.000 K 120.86 % | -1.376 M -711.56 % | 225.000 K 97.37 % | 114.000 K |
| Debt repayment | 420.000 K | 0.000 | 0.000 | 0.000 |
| Common stock issued | 1.000 M -85.85 % | 7.065 M | 0.000 -100.00 % | 1.520 M |
| Common stock repurchased | 0.000 | 0.000 | 0.000 | 0.000 |
| Dividends paid | 0.000 | 0.000 | 0.000 | 0.000 |
| Other financing activites | 956.000 K 377.10 % | -345.000 K -1.17 % | -341.000 K -468.33 % | -60.000 K |
| Net cash used provided by financing activities | 2.376 M -64.64 % | 6.720 M 2 070.67 % | -341.000 K -123.36 % | 1.460 M |
| Effect of forex changes on cash | 0.000 | 0.000 | 0.000 | 0.000 |
| Net change in cash | 1.606 M 710.65 % | -263.000 K 52.95 % | -559.000 K 86.58 % | -4.164 M |
| Cash at beginning of period | 7.251 M -3.50 % | 7.514 M -6.92 % | 8.073 M -34.03 % | 12.237 M |
| Cash at end of period | 8.857 M 22.15 % | 7.251 M -3.50 % | 7.514 M -6.92 % | 8.073 M |
| Operating cash flow | -1.057 M 81.15 % | -5.607 M -1 165.69 % | -443.000 K 92.28 % | -5.738 M |
| Capital expenditure | -115.000 K 28.57 % | -161.000 K -1 912.50 % | -8.000 K 52.94 % | -17.000 K |
| Free CashFlow | -1.172 M 79.68 % | -5.768 M -1 178.94 % | -451.000 K 92.16 % | -5.755 M |
| 2025 | 2024 | 2023 | 2022 |
| Revenue |
| Net income |
| Income before tax |
| Income before tax ratio |
| EBITDA |
| Net income ratio |
| Ratio EBITDA |
| Gross profit ratio |
| Weighted average shs out dil |
| Weighted average shs out |
| EPS diluted |
| Earnings per share |
| Gross profit |
| Income tax expense |
| Cost of revenue |
| General and administrative expenses |
| Selling and marketing expenses |
| Other expenses |
| Operating expenses |
| Cost and expenses |
| Research and development expenses |
| Selling general and administrative expenses |
| Interest income |
| Interest expense |
| Depreciation and amortization |
| Operating income |
| Operating income ratio |
| Total other income expenses net |
| 2025-03-31 | 2024-09-30 | 2024-03-31 | |
|---|---|---|---|
| Net debt | -2.758 M -59.51 % | -1.729 M -61.59 % | -1.070 M |
| Total investments | 368.000 K -41.40 % | 628.000 K 147.24 % | 254.000 K |
| Total debt | 1.080 M 47.95 % | 730.000 K -31.78 % | 1.070 M |
| Accumulated other comprehensive income loss | 32.000 K 6.67 % | 30.000 K 3 100.00 % | -1.000 K |
| Retained earnings | -14.522 M -18.65 % | -12.239 M -104.53 % | -5.984 M |
| Common stock | 2.000 K 0.00 % | 2.000 K 100.00 % | 1.000 K |
| Total equity | 4.731 M -21.31 % | 6.012 M -32.63 % | 8.924 M |
| Other non current liabilities | 0.000 | 0.000 | 0.000 |
| Long term debt | 83.000 K -57.65 % | 196.000 K -55.35 % | 439.000 K |
| Total non current liabilities | 83.000 K -57.65 % | 196.000 K -55.35 % | 439.000 K |
| Other current liabilities | 1.475 M 206.02 % | 482.000 K 100.00 % | 241.000 K |
| Deferred revenue | 0.000 -100.00 % | 151.000 K | 0.000 |
| Short term debt | 997.000 K 86.70 % | 534.000 K -15.37 % | 631.000 K |
| Total current liabilities | 7.494 M 8.55 % | 6.904 M 14.34 % | 6.038 M |
| Total liabilities | 7.577 M 6.72 % | 7.100 M 9.62 % | 6.477 M |
| Other non current assets | 1.369 M 32.40 % | 1.034 M -3.18 % | 1.068 M |
| Long term investments | 368.000 K -41.40 % | 628.000 K 147.24 % | 254.000 K |
| Intangible assets | 86.000 K -33.33 % | 129.000 K 67.53 % | 77.000 K |
| GoodWill | 0.000 | 0.000 | 0.000 |
| Goodwill and intangible assets | 86.000 K -33.33 % | 129.000 K 67.53 % | 77.000 K |
| Property plant equipment net | 828.000 K -4.17 % | 864.000 K -28.42 % | 1.207 M |
| Total non current assets | 2.651 M -0.15 % | 2.655 M 1.88 % | 2.606 M |
| Other current assets | 5.546 M -15.88 % | 6.593 M 1.38 % | 6.503 M |
| Short term investments | 0.000 | 0.000 | 0.000 |
| cash and cash equivalents | 3.838 M 56.08 % | 2.459 M 14.91 % | 2.140 M |
| Cash and short term investments | 3.838 M 56.08 % | 2.459 M 14.91 % | 2.140 M |
| Total current assets | 9.657 M -7.65 % | 10.457 M -18.27 % | 12.795 M |
| Inventory | 0.000 | 0.000 | 0.000 |
| Net receivables | 273.000 K -80.57 % | 1.405 M -66.16 % | 4.152 M |
| Tax assets | 0.000 | 0.000 | 0.000 |
| Other assets | 0.000 | 0.000 | 0.000 |
| Account payables | 5.022 M -11.62 % | 5.682 M 11.17 % | 5.111 M |
| Tax payables | 0.000 -100.00 % | 55.000 K 0.00 % | 55.000 K |
| Deferred revenue non current | 0.000 | 0.000 | 0.000 |
| Minority interest | 0.000 | 0.000 | 0.000 |
| Capital lease obligations | 660.000 K -9.59 % | 730.000 K -31.78 % | 1.070 M |
| Preferred stock | 0.000 | 0.000 | 0.000 |
| Other total stockholders equity | 19.219 M 5.49 % | 18.219 M 22.21 % | 14.908 M |
| Deferred tax liabilities non current | 0.000 | 0.000 | 0.000 |
| Other liabilities | 0.000 | 0.000 | 0.000 |
| Total assets | 12.308 M -6.13 % | 13.112 M -14.86 % | 15.401 M |
| 2025-03-31 | 2024-09-30 | 2024-03-31 |
| Deferred income tax |
| Stock based compensation |
| Change in working capital |
| Accounts receivables |
| Inventory |
| Accounts payables |
| Other working capital |
| Other non cash items |
| Net cash provided by operating activities |
| Investments in property plant and equipment |
| Acquisitions net |
| Purchases of investments |
| Sales maturities of investments |
| Other investing activites |
| Net cash used for investing activites |
| Debt repayment |
| Common stock issued |
| Common stock repurchased |
| Dividends paid |
| Other financing activites |
| Net cash used provided by financing activities |
| Effect of forex changes on cash |
| Net change in cash |
| Cash at beginning of period |
| Cash at end of period |
| Operating cash flow |
| Capital expenditure |
| Free CashFlow |