Solowin Holdings Ordinary Share
Financial ServicesNASDAQ:AXG · NASDAQ Capital Market
-$0.07 today
Vol 0.19M · Avg 0.27M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$1.3M of revenue converted into -$2.4M of net income for the selected period. Gross margin is 63.0% and net margin is -288.3%, showing how much revenue survives after costs and taxes. EPS is $-0.08, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $361.7K -34.0% | $548.4K -3.5% | $568.1K +35.8% | $418.3K +174.6% | $152.3K | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $86.2K +799.6% | $9.6K +74.7% | $5.5K -97.0% | $180.9K +272.9% | $48.5K | $725.6M | $804.0M | $882.4M |
| Gross Profit | $275.5K -48.9% | $538.8K -4.2% | $562.6K +137.0% | $237.4K +128.6% | $103.8K | $8.9B | $7.6B | $6.2B |
| Gross Margin | 76.2% -22.1pp | 98.3% -0.8pp | 99.0% +42.3pp | 56.8% -11.4pp | 68.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $0 | $0 | $0 | $0 | $0 | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.3M +19.4% | $1.1M +177.4% | $398.3K +10.9% | $359.0K +133.7% | $153.6K | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $12.7K +231.3% | $3.8K +67.0% | $2.3K -5.9% | $2.4K +57.7% | $1.5K | $374.2M | $1.2B | $631.8M |
| EBITDA | -$1.1M -93.3% | -$558.6K -420.3% | $174.4K +285.7% | -$93.9K -129.7% | -$40.9K | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -298.5% -196.6pp | -101.9% -132.6pp | 30.7% +53.1pp | -22.5% +4.4pp | -26.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$1.0M -84.3% | -$566.2K -444.6% | $164.3K +235.1% | -$121.7K -144.3% | -$49.8K | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -288.5% -185.2pp | -103.2% -132.2pp | 28.9% +58.0pp | -29.1% +3.6pp | -32.7% | 16.6% | 24.1% | 22.0% |
| Interest Income | $9.8K -51.4% | $20.1K | $0 -100.0% | $128 -50.2% | $258 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $642 | $0 | $0 -100.0% | $29.4K -27.8% | $40.8K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$49.7K -1439.6% | $3.7K -52.4% | $7.8K +289.3% | -$4.1K +87.7% | -$33.4K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$1.1M -94.3% | -$562.5K -426.8% | $172.1K +236.8% | -$125.8K -51.2% | -$83.2K | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -302.2% -199.6pp | -102.6% -132.9pp | 30.3% +60.4pp | -30.1% +24.5pp | -54.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $2.4K -87.7% | $19.8K | $0 | $0 | $0 | $1.3B | -$1.6B | $745.2M |
| Net Income | -$1.1M -88.2% | -$582.3K -438.3% | $172.1K +236.8% | -$125.8K -51.2% | -$83.2K | $4.9B | $4.8B | $4.7B |
| Net Margin | -302.9% -196.7pp | -106.2% -136.5pp | 30.3% +60.4pp | -30.1% +24.5pp | -54.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 -221.8% | -$0 -440.3% | $0 +234.8% | -$0 -53.3% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 -221.8% | -$0 -440.3% | $0 +234.8% | -$0 -53.3% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $16.1M -41.5% | $27.6M +0.0% | $27.6M +0.0% | $27.6M +0.0% | $27.6M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $16.1M -41.5% | $27.6M +0.0% | $27.6M +0.0% | $27.6M +0.0% | $27.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Regions Financial Corporation
NYSE:RF
$24.98B
Vericity, Inc.
VERY
$170.02M
Hennessy Capital Investment Corp. VI
HCVI
$166.91M
Learn CW Investment Corporation
LCW
$164.01M
Enphys Acquisition Corp.
NFYS
$163.71M
Salisbury Bancorp, Inc.
SAL
$161.90M
Flame Acquisition Corp.
FLME
$160.84M
HH&L Acquisition Co.
HHLA
$156.83M
Sunlight Financial Holdings Inc.
SUNL
$146.12M
BCP Investment Corporation
NASDAQ:BCIC
$92.34M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does AXG generate?
Solowin Holdings Ordinary Share (AXG) reported $361,728.00 of revenue in fiscal 2025.
Is AXG profitable?
Solowin Holdings Ordinary Share (AXG) reported -$1,095,579.00 of net income, with a net margin of -302.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.