OakChart

Solowin Holdings

AXGFinancial·Capital Markets·Hong Kong·Nano·NASD·Nov 11 • 8:44 AM ET

1.05-0.02 (-1.87%)
2026-11-11 14:45 CET
Market cap
1.25 USD m
Revenue, TTM
3.60 USD m
Net income, TTM
-1.69 USD m
Free cash flow, TTM
-2.27 USD m
EPS diluted, TTM
-2.84
P/E
-
Compare

Price

AXG against its 20, 50 and 200-day averages
2050200
0.00200.00400.00600.00795K1.6MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AXGclose 1.0520-day 8.1250-day 136.51200-day 540.911.05

99.9% under 950.00 on 14 Jan 2026. Last 15 sessions, 1562.1% high to low

Profile

AXG
52-week range, 0% of the way up
0.94950

Solowin Holdings engages in the provision of securities brokerage solutions through its subsidiary. It operates through the following segments: Securities Related Services, Investment Advisory Services, Asset Management Services, and Corporate Consultancy Services. The Securities Related Services segment is involved in offering securities dealing and brokerage services, securities underwriting and placing services, and other financing services. The Investment Advisory Services segment offers investment solutions advisory services for clients, through a team consisting of financial analysts, financial advisors, and investment managers. The Asset Management Services segment specializes in designing investment portfolios for investors with different risk appetites and to preserve the value of assets. The Corporate Consultancy Services pertains to the financial and independent financial advisory services for unlisted and listed companies that are looking for high-quality and value-added corporate finance advisory services at reasonable costs. The company was founded on July 23, 2021, and is headquartered in Hong Kong.

Employees80
IPOSep 07, 2023
Beta1.11
ATR, 14d6.20
Rel volume2.58
Inst own0.57%

Snapshot

6 groups

Valuation

Index-
Market Cap1.23M
Enterprise Value-0.23M
Income-1.69M
Sales3.60M
Book/sh3.40
Cash/sh2.08
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees80
IPOSep 07, 2023

Ratios

P/E-
Forward P/E-
PEG-
P/S0.34
P/B0.31
P/C0.50
P/FCF-
EV/EBITDA-
EV/Sales-0.06
Quick Ratio1.55
Current Ratio1.55
Debt/Eq0.31
LT Debt/Eq0.05
Option/ShortNo / Yes

Earnings

EPS (ttm)-2.84
EPS next Y-
EPS next Q-
EPS this Y-
EPS next Y-
EPS next 5Y-
EPS past 3/5Y- -34.99%
Sales past 3/5Y84.95% 88.17%
EPS Y/Y TTM69.67%
Sales Y/Y TTM893.69%
EPS Q/Q67.44%
Sales Q/Q1155.94%
Earnings-
EPS/Sales Surpr.-1400.00% -54.55%

Ownership

Insider Own-
Insider Trans-
Inst Own0.57%
Inst Trans-
ROA-41.96%
ROE-88.44%
ROIC-50.14%
Gross Margin20.43%
Oper. Margin-46.35%
Profit Margin-46.95%
SMA20-87.07%
SMA50-99.23%
SMA200-99.81%
Trades-

Technical

Shs Outstand0.79M
Shs Float-
Short Float-
Short Ratio0.24
Short Interest0.03M
52W High950.00 -99.89%
52W Low0.94 11.61%
Volatility23.52% 24.00%
ATR (14)6.20
RSI (14)10.96
Beta1.11
Rel Volume2.58
Avg Volume139.59K
Volume18,030

Performance

Perf Week-38.60%
Perf Month-93.75%
Perf Quarter-99.81%
Perf Half Y-99.85%
Perf YTD-99.87%
Perf Year-99.86%
Perf 3Y-99.79%
Perf 5Y-
Perf 10Y-
Recom-
Target Price-
Prev Close1.07
Price1.05
Change %-1.87%

Peers

Mkt cap
TickerCompanyMkt cap
PLUTPlutus Financial Group Ltd17.96M
GSIWGarden Stage Ltd108.95M
WTFWaton Financial Ltd96.47M
AUREAurelion Inc36.98M
USDEStableCoinX Inc168.20M
BMHLBluemount Holdings Ltd78.60M
STEXStreamex Corp39.60M
TOPTOP Financial Group Limited1.82B
CRCLCircle Internet Group Inc16.80B
AMBRAmber International Holding Ltd ADR151.27M

News

latest 14 of 136
  • Solowin Holdings Announces 1-For-200 Reverse Share Split (GlobeNewswire) -25.65%
  • AXG Revenue Surges 895% as Stablecoin and Fiat Trading Volume Reaches $1.04 Billion (GlobeNewswire) -5.56%
  • SOLOWIN HOLDINGS (NASDAQ: AXG)'s AXG Digital Appoints Key Executives to Lead AI Infrastructure Expansion (GlobeNewswire)
  • SOLOWIN HOLDINGS (AXG) Targets 100+ MW AI Computing Capacity By 2028 With 1 GW+ Development Pipeline, Advances Quantum and Regulated Stablecoin Strategy (GlobeNewswire)
  • SOLOWIN HOLDINGS (AXG)'s AlloyX HK and EvolveQ Signed Strategic MOU to Integrate AI and Quantum Computing for Next-Generation Financial Infrastructure (GlobeNewswire)
  • Loading…
  • SOLOWIN HOLDINGS (NASDAQ: AXG) Announces AI Infrastructure Expansion with 100 MW High-Performance Computing Target (GlobeNewswire) -5.06%
  • SOLOWIN HOLDINGS (NASDAQ: AXG) Celebrates 10-Year Anniversary, Forging Compliance-First Innovation for AI + Stablecoin Ecosystem (GlobeNewswire) -5.80%
  • SOLOWIN HOLDINGS' (NASDAQ: AXG) Subsidiary AX Coin Bahrain Receives Sharia Certification for AXBHD Stablecoin (GlobeNewswire)
  • SOLOWIN HOLDINGS (NASDAQ: AXG) Expands into Latin America Through Strategic Partnership with ATTRUS (Formerly Facilitapay) (GlobeNewswire)
  • AX Coin, a Subsidiary of SOLOWIN HOLDINGS (Nasdaq: AXG), Partners with Bank of Bahrain and Kuwait B.S.C. to Advance Regulated Stablecoin Infrastructure for Institutional Banking (GlobeNewswire)
  • AX Coin, Backed by AXG, Granted First Stablecoin Issuer License by the Central Bank of Bahrain (GlobeNewswire)
  • SOLOWIN HOLDINGS (AXG) Announces AX Coin's MOU with The BENEFIT Company to Explore Stablecoin Applications (GlobeNewswire)
  • SOLOWIN HOLDINGS (AXG)'s AX Coin and INFINIOS Sign Strategic MOU to Collaborate on Regulated Wallet Infrastructure and Digital Payment Solutions (GlobeNewswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2024S12024-12-31-78.0006.000-5.8081.052.311
2024S2---30.000-3.562-1.561
2025S1---38.000-1.682-1.901
2025S2---32.000-1.160-2.321

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
No annual earnings.

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2024S2S2025-04-241001.561.561.56
2024S2S2025-04-231001.561.561.56
2024S2S2025-04-221001.561.561.56
2024S2S2025-04-211001.561.561.56
2024S2S2025-04-201001.561.561.56
2024S2S2025-04-191001.561.561.56
2024S2S2025-04-181001.561.561.56
2024S2S2025-04-171001.561.561.56
2024S2S2025-04-161001.561.561.56
2024S2S2025-04-151001.561.561.56
2024S2S2025-04-141001.561.561.56
2024S2S2025-04-131001.561.561.56
2024S2S2025-04-121001.561.561.56
2024S2S2025-04-111001.561.561.56

Estimate history

EPS, annual-0.603-0.9121.248-4.221-13.587-2.703
Period202020212022202320242025
EPS, quarterly
Period
Sales, annual0.1520.4180.5680.5480.3623.594
Period202020212022202320242025
Sales, quarterly
Period
Shares, annual0.1380.1380.1380.1380.0820.945
Period202020212022202320242025
Shares, quarterly
Period

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY
Total Revenue3.603.590.360.550.570.420.15
Total Expenses5.265.261.411.110.400.540.20
Operating Income-1.67-1.67-1.04-0.570.16-0.12-0.05
Unusual Expense0.000.030.040.000.000.000.00
Net Income Before Taxes-1.70-1.70-1.09-0.560.17-0.13-0.08
Income Taxes0.000.000.000.020.000.000.00
Consolidated Net Income-1.70-1.70-1.10-0.580.17-0.13-0.08
Net Income From Continuing Operations-1.69-1.69-1.10-0.580.17-0.13-0.08
Net Income-1.69-1.69-1.10-0.580.17-0.13-0.08
EPS (Recurring)-1.79-2.67-13.26-4.221.25-0.91-0.60
EPS (Basic, Before Extraordinaries)-2.84-2.70-13.59-4.221.25-0.91-0.60
EPS (Diluted)-2.84-2.70-13.59-4.221.25-0.91-0.60
Non-Operating Income (Expense)-0.04-0.01-0.010.000.010.030.01
Other After Tax Adjustments0.000.000.000.000.000.000.00
Stock Option Compensation Expense0.410.410.000.38---
Price To Earnings Ratio---48,784.3148,784.31--
Price To Sales Ratio184.94122.3370.89312.90---
Gross Margin20.4321.8179.6798.9599.4457.3469.18
Operating Margin-46.35-46.36-288.47-103.2428.92-29.08-32.68
Net Margin-46.95-46.97-302.87-106.1830.29-30.07-54.61
Shares Outstanding0.940.940.080.140.140.140.14
Market Capitalization1.251.255,081.6418,038.0018,038.00--

Income statement, quarterly

Currency USD, millions
Metric2025S22025S12024S22024S12023S22023S12022S22022S1
Total Revenue2.850.750.230.140.210.340.420.15
Total Expenses3.921.340.750.900.950.170.220.18
Operating Income-1.07-0.59-0.52-0.77-0.740.170.20-0.03
Unusual Expense0.000.000.000.030.000.000.000.00
Net Income Before Taxes-1.11-0.59-0.29-0.80-0.730.170.20-0.03
Income Taxes0.000.000.000.000.010.010.000.00
Consolidated Net Income-1.11-0.59-0.29-0.80-0.740.160.20-0.03
Net Income From Continuing Operations-1.10-0.59-0.29-0.80-0.740.160.20-0.03
Net Income-1.10-0.59-0.29-0.80-0.740.160.20-0.03
EPS (Recurring)-1.16-1.68-3.53-5.64-5.381.161.43-0.18
EPS (Basic, Before Extraordinaries)-1.16-1.68-3.56-5.81-5.381.161.43-0.18
EPS (Diluted)-1.16-1.68-3.56-5.81-5.381.161.43-0.18
Non-Operating Income (Expense)-0.040.00-0.010.000.000.000.000.01
Stock Option Compensation Expense0.410.00-0.430.42----
Price To Earnings Ratio----48,784.3150,894.3150,894.31-
Price To Sales Ratio184.94187.3772.40233.40312.96114.08--
Gross Margin23.0910.3079.3180.2898.2499.3999.7098.71
Operating Margin-37.63-79.56-230.44-569.38-349.4350.6146.85-21.61
Net Margin-38.47-79.29-129.42-592.89-351.5547.2747.12-17.15
Shares Outstanding0.940.940.080.140.140.140.140.14
Market Capitalization1.2596,968.565,081.649,083.0018,038.008,764.008,764.00-

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY
Cash & Short Term Investments2.431.140.930.961.031.57
Short Term Receivables1.820.040.530.220.080.06
Investment Securities0.000.000.000.000.000.00
Securities In Custody0.000.000.000.000.000.00
Investments0.060.050.000.000.000.00
Investment in Unconsolidated Affiliates0.960.000.030.000.000.00
Net Property, Plant & Equipment0.350.110.150.040.020.04
Other Intangible Assets0.840.250.320.090.080.09
Total Assets6.471.581.971.301.211.77
Total Debt0.980.080.140.030.010.03
Long Term Debt0.160.010.060.010.000.01
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities2.280.890.690.840.941.54
Total Liabilities3.260.970.830.880.951.58
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3.210.611.140.430.260.19
Total Shareholders Equity3.210.611.140.430.260.19
Accumulated Minority Interest-0.010.000.000.000.000.00
Total Equity3.200.611.140.430.260.19
Total Liabilities & Stockholders Equity6.471.581.971.301.211.77
Book Value Per Share3.407.388.273.091.851.37
Tangible Book Value Per Share3.317.258.203.031.791.31
Full-Time Employees8033251617-
Price to Book Ratio0.316,564.8240,921.0540,921.05--
Return on Assets-41.94-61.73-35.6013.71-8.46-
Return on Equity-88.41-125.33-74.3750.54-56.69-
Return on Invested Capital-50.12-177.07-48.6739.32-49.25-41.38
Quick Ratio1.551.292.121.431.221.09
Current Ratio1.551.292.121.431.221.09

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY
Funds from Operations-1.19-1.19-0.670.050.18-0.11-0.07
Extraordinary Item0.000.000.000.000.000.000.00
Changes in Working Capital-1.06-1.060.53-0.76-0.23-0.631.50
Income Taxes Payable-0.00-0.010.01---
Cash from Operating Activities-2.25-2.25-0.14-0.72-0.06-0.741.42
Capital Expenditures-0.09-0.09-0.01-0.02-0.00-0.00-0.00
Net Assets From Acquisitions0.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.680.680.000.000.000.000.00
Purchase or Sale of Investments-0.02-0.02-0.08-0.030.000.000.00
Purchase of Investments-0.02-0.02-0.08-0.030.000.000.00
Sale Or Maturity of Investments0.000.000.010.000.000.000.00
Other Uses0.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.00
Cash from Investing Activities0.570.570.04-0.180.030.010.05
Cash Dividends Paid0.000.000.000.000.000.000.00
Change in Capital Stock0.000.000.130.85-0.040.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.130.85-0.040.000.00
Proceedsfrom Stock Options0.000.000.130.85-0.040.000.00
Issuance or Reduction of Debt, Net0.920.920.000.000.00-0.01-0.00
Net Financing Active Other Cash Flow2.062.060.180.010.000.20-0.00
Other Financing Activities Uses-0.10-0.10--0.000.00-0.00
Cash from Financing Activities2.982.980.300.86-0.040.19-0.01
Net Change in Cash1.311.310.21-0.03-0.07-0.531.46
Free Cash Flow-2.27-2.27-0.15-0.73-0.06-0.741.42
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2025S22025S12024S22024S12023S22023S1
Cash & Short Term Investments2.432.691.141.070.93-
Short Term Receivables1.820.830.040.180.53-
Investments0.060.060.050.050.00-
Investment in Unconsolidated Affiliates0.960.960.000.030.03-
Net Property, Plant & Equipment0.350.300.110.110.15-
Other Intangible Assets0.8444.400.250.240.32-
Total Assets6.4749.251.581.691.97-
Total Debt0.980.260.080.090.14-
Long Term Debt0.160.140.010.030.06-
Other Liabilities2.281.560.890.820.69-
Total Liabilities3.261.820.970.910.83-
Preferred Stock - Carrying Value0.000.000.000.000.00-
Common Equity3.2147.420.610.771.14-
Total Shareholders Equity3.2147.420.610.771.14-
Accumulated Minority Interest-0.010.000.000.000.00-
Total Equity3.2047.430.610.771.14-
Total Liabilities & Stockholders Equity6.4749.251.581.691.97-
Book Value Per Share3.4050.677.385.618.27-
Tangible Book Value Per Share3.313.557.255.498.20-
Price to Book Ratio0.3114,037.946,564.827,966.2940,921.05-
Return on Assets-41.96-3.48-61.67--35.66-
Return on Equity-88.44-3.68-125.22--74.48-
Return on Invested Capital-32.53-1.25-47.44-100.23-62.06-
Quick Ratio1.552.171.291.512.12-
Current Ratio1.552.171.291.512.12-

Cash flow, quarterly

Currency USD, millions
Metric2025S22025S12024S22024S12023S22023S1
Funds from Operations-0.66-0.53-0.28-0.39-0.130.18
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-1.02-0.040.040.49-0.28-0.48
Income Taxes Payable---0.010.00-0.000.01
Cash from Operating Activities-1.68-0.57-0.240.10-0.41-0.30
Capital Expenditures-0.09-0.00-0.00-0.01-0.02-0.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.580.100.000.000.000.00
Purchase or Sale of Investments0.00-0.020.01-0.08-0.030.00
Purchase of Investments0.00-0.02-0.00-0.08-0.030.00
Sale Or Maturity of Investments0.000.000.010.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities0.490.080.000.03-0.17-0.00
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.130.00-0.000.85
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.130.00-0.000.85
Proceedsfrom Stock Options0.000.000.130.00-0.000.85
Issuance or Reduction of Debt, Net0.920.000.000.00-0.010.01
Net Financing Active Other Cash Flow0.771.290.170.000.010.00
Other Financing Activities Uses0.07-0.17---0.00
Cash from Financing Activities1.701.290.300.00-0.000.86
Net Change in Cash0.510.800.070.14-0.590.55
Free Cash Flow-1.70-0.57-0.240.10-0.43-0.30

Revenue breakdown

Asset Management Income Related Parties2024: 655.00K
Corporate Consultancy Service Income2024: 999.00K
Interests Income2024: 30.00K
Investment Advisory Fees2024: 1.03M
Securities And Virtual Assets Brokerage Commissions And Handling Income2024: 110.00K
Total Security Brokers, Dealers & Flotation Companies revenue2025: 28.05M
China2024: 2.82M 2025: 28.05M
AI Tokens2025: 22.20M
Digital Asset Tokens2024: 2.82M 2025: 5.84M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-30-0.0M-86.17K
2026-10-156.65%0.0M0.3M33.54K
2026-09-301.78%0.0M0.4M15.09K
2026-09-150.63%0.0M0.3M950
2026-08-310.79%0.0M0.3M851
2026-08-140.91%0.0M0.2M765
2026-07-310.72%0.0M0.2M707
2026-07-150.85%0.0M0.2M793
2026-06-300.77%0.0M0.2M1.21K
2026-06-150.89%0.0M0.2M1.22K
2026-05-290.71%0.0M0.2M1.46K
2026-05-151.11%0.0M0.2M1.77K
2026-04-300.97%0.0M0.2M2.46K
2026-04-151.72%0.0M0.2M3.13K
2026-03-311.54%0.0M0.2M3.23K
2026-03-131.87%0.0M0.2M3.58K
2026-02-271.59%0.0M0.2M3.89K
2026-02-131.69%0.0M0.2M4.02K
2026-01-301.68%0.0M0.2M4.01K
2026-01-151.89%0.0M0.2M4.07K

Option chain

expiry 2026-11-11
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
No option chain for this symbol.

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-06424B5SEC
2026-11-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-05SEC
2026-11-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-05SEC
2026-11-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-03SEC
2026-10-22424B5SEC
2026-10-226-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-22SEC
2026-10-196-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-19SEC
2026-10-13SCHEDULE 13GSEC
2026-10-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-02SEC
2026-09-21424B5SEC
2026-09-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-21SEC
2026-08-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-21SEC
2026-08-0320-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2026-03-31SEC
2026-08-03NT 20-F2026-03-31SEC
2026-06-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-02SEC
2026-06-02424B5SEC
2026-04-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-21SEC
2026-04-106-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-10SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-18SEC
2026-02-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-02-09SEC
2026-02-09424B5SEC
2026-01-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-01-28SEC
2026-01-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-09-30SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
MORGAN STANLEY0.42%
UBS Group AG0.25%
SG Americas Securities, LLC0.14%
GEODE CAPITAL MANAGEMENT, LLC0.05%
SEB Asset Management AB0.03%
BlackRock, Inc.0.03%
Centiva Capital, LP0.01%
Engineers Gate Manager LP0.01%
GOLDMAN SACHS GROUP INC0.01%
StoneX Group Inc.0.01%

Funds

Fund% owned
Fidelity Nasdaq Composite Index Fund0.05%
Blackstone Alternative Multi-Strategy Fund0.00%

OakChart. AXG. Cached 15 minutes.

Some panels did not load: ratings, insider.