Solowin Holdings Ordinary Share logo

Solowin Holdings Ordinary Share

AXG

NASDAQFinancial ServicesFinancial - Capital Markets

Previous close

$2.50

−$0.05 · -1.96%

Aug 21, 4:00 PM ET

AXG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

55

Fair Value

Momentum

31

Weakening

Sentiment

57

Mixed

Risk resilience

66

Moderate Risk

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Company profile

Company website

Solowin Holdings (AXG), established in 2021 and headquartered in Tsim Sha Tsui, Hong Kong, operates as an investment holding firm. Its primary focus is on delivering a broad spectrum of financial solutions across Hong Kong. The company's offerings encompass securities brokerage, corporate finance advisory, investment guidance, and comprehensive asset management services. A cornerstone of its brokerage activities is the Solomon Pro trading platform, which empowers investors to execute trades for listed securities and their derivative products. This platform grants access to major global exchanges, including the Hong Kong Stock Exchange (HKEX), New York Stock Exchange (NYSE), Nasdaq, Shanghai Stock Exchange (SSE), and Shenzhen Stock Exchange (SZSE). Beyond its core platform, Solowin provides an extensive array of specialized financial services. These include Hong Kong equity trading, facilitating initial public offering (IPO) subscriptions and placements, bond trading, and fund subscription services. The company also manages equity custodianship and agency functions, offers investment immigrant account management, and supports enterprise employee shareholding exercises. Clients further benefit from professional investment research and instant quotation services. Solowin delivers personalized investment advisory services, carefully tailored to align with each client's unique financial objectives and risk appetite. It is also actively involved in issuing and managing a diverse range of fund products. Its professional asset management capabilities cater to both financial and private institutions, alongside offering bespoke financial services designed for individual investors. Additionally, the company provides investment banking services, financial and independent financial advisory for both unlisted and listed corporations, and access to offshore private fund investment opportunities.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
HK
CEO
Ling Ngai Lok
Listed since
Sep 7, 2023
Employees
80

Market position

Day range

Current $2.50

52-week range

Current $2.50

Open
$2.505
Previous close
$2.55
Volume
79.64K
0.49× average
Average volume
162.5K
Average daily volume
Market cap
108.75M USD
Beta
-0.06
Market reference 1
50-day average
$3.0892
-19.07% below average
200-day average
$3.5498
-29.57% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
438.48M USD
P/E (TTM)
-176.06×
P/B (TTM)
147.12×
P/S (TTM)
30.24×
EV / EBITDA
-260.22×
Earnings yield
-0.38%
Free cash flow yield
-0.52%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
18.57%
Operating margin
-46.35%
Net margin
-46.95%
Return on equity
-52.57%
Return on assets
-26.10%
Return on invested capital
-13.77%

Financial health

Debt / equity
0.31×
Current ratio
5.17×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends139%-22%-182%-343%Gross margin, FY2022: 56.76%Gross margin, FY2023: 99.03%Gross margin, FY2024: 98.25%Gross margin, FY2025: 76.16%Gross margin, FY2026: 21.31%Operating margin, FY2022: -29.08%Operating margin, FY2023: 28.92%Operating margin, FY2024: -103.24%Operating margin, FY2025: -288.47%Operating margin, FY2026: -46.36%Net margin, FY2022: -30.07%Net margin, FY2023: 30.29%Net margin, FY2024: -106.18%Net margin, FY2025: -302.87%Net margin, FY2026: -46.97%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 56.76%. Gross margin FY2023 99.03%. Gross margin FY2024 98.25%. Gross margin FY2025 76.16%. Gross margin FY2026 21.31%. Operating margin FY2022 -29.08%. Operating margin FY2023 28.92%. Operating margin FY2024 -103.24%. Operating margin FY2025 -288.47%. Operating margin FY2026 -46.36%. Net margin FY2022 -30.07%. Net margin FY2023 30.29%. Net margin FY2024 -106.18%. Net margin FY2025 -302.87%. Net margin FY2026 -46.97%.

Income trends

Revenue

3.59M USD+893.56%

Operating income

−1.67M USD-59.69%

Net income

−1.69M USD-54.08%
Income trends across reported periods4.12M USD2.01M USD−103.46K USD−2.22M USDRevenue, FY2022: 418.27K USDRevenue, FY2023: 568.08K USDRevenue, FY2024: 548.41K USDRevenue, FY2025: 361.73K USDRevenue, FY2026: 3.59M USDOperating income, FY2022: −121.65K USDOperating income, FY2023: 164.31K USDOperating income, FY2024: −566.17K USDOperating income, FY2025: −1.04M USDOperating income, FY2026: −1.67M USDNet income, FY2022: −125.76K USDNet income, FY2023: 172.09K USDNet income, FY2024: −582.27K USDNet income, FY2025: −1.1M USDNet income, FY2026: −1.69M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 418.27K USD. Revenue FY2023 568.08K USD. Revenue FY2024 548.41K USD. Revenue FY2025 361.73K USD. Revenue FY2026 3.59M USD. Operating income FY2022 −121.65K USD. Operating income FY2023 164.31K USD. Operating income FY2024 −566.17K USD. Operating income FY2025 −1.04M USD. Operating income FY2026 −1.67M USD. Net income FY2022 −125.76K USD. Net income FY2023 172.09K USD. Net income FY2024 −582.27K USD. Net income FY2025 −1.1M USD. Net income FY2026 −1.69M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue3.59M USD361.73K USD548.41K USD568.08K USD418.27K USD
Cost of goods sold2.83M USD86.23K USD9.59K USD5.49K USD180.87K USD
Gross profit766.01K USD275.5K USD538.82K USD562.59K USD237.4K USD
Operating expenses2.43M USD1.32M USD1.1M USD398.28K USD359.05K USD
Interest income896.96 USD9.75K USD20.06K USD128.46 USD
Interest expense641.59 USD29.42K USD
Depreciation and amortization17.68K USD12.7K USD3.83K USD2.3K USD2.44K USD
Operating income−1.67M USD−1.04M USD−566.17K USD164.31K USD−121.65K USD
Net income−1.69M USD−1.1M USD−582.27K USD172.09K USD−125.76K USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
75%
3 beats, 1 miss, 0 met estimates
Average EPS surprise
-279.98%
4 comparable reports
Latest EPS result
-0.01
Estimate -0.16 · Beat by 96.38%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.07-0.1-0.26-0.43Q3 '24No estimateQ4 '24MissQ2 '25BeatQ1 '26BeatQ3 '26Beat
Q3 2024, reported Jul 26, 2024: actual -0.027, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual -0.39, estimate 0.03, surprise -1400.00%, Miss. Q2 2025, reported Jun 30, 2025: actual -0.018, estimate -0.15, surprise +88.13%, Beat. Q1 2026, reported Jan 9, 2026: actual -0.008, estimate -0.19, surprise +95.58%, Beat. Q3 2026, reported Aug 3, 2026: actual -0.006, estimate -0.16, surprise +96.38%, Beat.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.06M2.1M1.14M179.52KQ3 '24No estimateQ4 '24MissQ2 '25MissQ1 '26MissQ3 '26Beat
Q3 2024, reported Jul 26, 2024: actual 211.2K USD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 1.05M USD, estimate 2.31M USD, surprise -54.55%, Miss. Q2 2025, reported Jun 30, 2025: actual 226.81K USD, estimate 1.56M USD, surprise -85.46%, Miss. Q1 2026, reported Jan 9, 2026: actual 747.73K USD, estimate 1.9M USD, surprise -60.65%, Miss. Q3 2026, reported Aug 3, 2026: actual 2.85M USD, estimate 2.32M USD, surprise +22.79%, Beat.

Corporate actions

Corporate action history

Dividend

Ex-dividend Sep 20, 2018

$0.037

Quarterly

Record Sep 21, 2018 · Payment Sep 27, 2018

Dividend

Ex-dividend Jun 21, 2018

$0.051

Quarterly

Record Jun 22, 2018 · Payment Jun 28, 2018

Dividend

Ex-dividend Mar 22, 2018

$0.054

Quarterly

Record Mar 23, 2018 · Payment Mar 29, 2018

Dividend

Ex-dividend Dec 21, 2017

$0.049

Quarterly

Record Dec 22, 2017 · Payment Dec 28, 2017

Dividend

Ex-dividend Sep 21, 2017

$0.049

Quarterly

Payment Sep 27, 2017

Dividend

Ex-dividend Jun 21, 2017

$0.053

Quarterly

Payment Jun 28, 2017

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