Want to see AXG full AI Analyst Report?
Top Page
Solowin Holdings
(NASDAQ:AXG)
Select Model
Select Model
Rating:42Neutral
Price Target:
$2.00
▼(-11.11% Downside)
Action:Upgraded
Date:08/05/26
The score is held down primarily by weak financial quality—multi-year negative operating/free cash flow, ongoing losses, and a materially shrinking equity base—despite strong recent revenue growth. Technicals add further pressure with a clear downtrend (below key moving averages) and negative momentum indicators. Valuation is also constrained by negative earnings (negative P/E) and no indicated dividend yield.
Positive Factors
Strong Revenue Expansion
The sharp revenue increase indicates stronger customer adoption and business activity. If the company can retain this growth while controlling expenses, the larger revenue base could improve operating leverage and support a more durable platform.
Negative Factors
Persistent Unprofitability
Sustained losses indicate that recent top-line expansion has not translated into stable earnings power. Continued investment and operating costs may require additional capital, limiting the company’s ability to compound growth internally over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Expansion
The sharp revenue increase indicates stronger customer adoption and business activity. If the company can retain this growth while controlling expenses, the larger revenue base could improve operating leverage and support a more durable platform.
Read all positive factors
Solowin Holdings (AXG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$434.48M
Dividend YieldN/A
Average Volume (3M)854.96K
Price to Earnings (P/E)―
Beta (1Y)0.37
Revenue Growth893.69%
EPS Growth69.66%
CountryUS
Employees80
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)N/A
Shares Outstanding161,732,220
10 Day Avg. Volume1,239,555
30 Day Avg. Volume854,962
Financial Highlights & Ratios
PEG Ratio3.25
Price to Book (P/B)136.92
Price to Sales (P/S)122.33
P/FCF Ratio-193.74
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Solowin Holdings Business Overview & Revenue Model
Company Description
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...
Solowin Holdings Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
56
Neutral
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.59M | 361.73K | 548.40K | 568.08K | 418.27K |
| Gross Profit | 766.01K | 275.50K | 538.82K | 562.59K | 237.40K |
| EBITDA | -1.69M | -1.08M | -558.63K | 174.39K | -93.91K |
| Net Income | -1.69M | -1.10M | -582.27K | 172.09K | -125.76K |
Balance Sheet | |||||
| Total Assets | 6.47M | 12.31M | 15.40M | 10.23M | 9.46M |
| Cash, Cash Equivalents and Short-Term Investments | 2.43M | 3.84M | 2.14M | 1.93M | 977.00K |
| Total Debt | 980.33K | 1.08M | 1.07M | 251.00K | 98.00K |
| Total Liabilities | 3.26M | 7.58M | 6.48M | 6.89M | 7.46M |
| Stockholders Equity | 3.21M | 4.73M | 8.92M | 3.34M | 2.00M |
Cash Flow | |||||
| Free Cash Flow | -2.27M | -146.92K | -734.62K | -57.53K | -739.29K |
| Operating Cash Flow | -2.25M | -135.63K | -716.60K | -56.51K | -737.11K |
| Investing Cash Flow | 570.47K | 36.83K | -175.86K | 28.70K | 14.64K |
| Financing Cash Flow | 2.98M | 304.88K | 858.84K | -43.50K | 187.55K |
Solowin Holdings Technical Analysis
Negative
2.25
Price Trends
3.00
Negative
3.30
Negative
3.53
Negative
Market Momentum
-0.20
Positive
21.39
Positive
5.82
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AXG, the sentiment is Negative. The current price of 2.25 is below the 20-day moving average (MA) of 2.63, below the 50-day MA of 3.00, and below the 200-day MA of 3.53, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 21.39 is Positive, neither overbought nor oversold. The STOCH value of 5.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AXG.
Solowin Holdings Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $910.02M | 8.01 | 13.81% | ― | 41.46% | -8.31% | |
74 Outperform | $188.08M | 21.27 | 6.29% | 3.13% | 7.70% | 110.71% | |
67 Neutral | $1.27B | 12.19 | 10.71% | 1.59% | 20.97% | 16.24% | |
61 Neutral | $80.97M | -80.22 | -1.26% | ― | 21.62% | -111.45% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | $1.59B | 52.04 | -14.08% | 1.79% | -20.87% | -66.62% | |
42 Neutral | $434.48M | -157.04 | -0.47% | ― | 893.69% | 69.66% |
* General Sector Average
AXG
Solowin Holdings
2.23
-1.78
-44.39%
OPY
Oppenheimer Holdings
119.01
48.01
67.61%
SIEB
Siebert Financial
2.19
-0.54
-19.78%
WHG
Westwood Holdings Group
19.78
2.64
15.38%
TIGR
Up Fintech Holding
5.05
-7.46
-59.64%
PWP
Perella Weinberg Partners
16.98
-4.82
-22.09%
Solowin Holdings Corporate Events
Solowin Holdings Marks 10 Years, Secures Bahrain Stablecoin License and Sharia Certification
Aug 21, 2026
On August 21, 2026, Solowin Holdings (AXG) marked its tenth anniversary, highlighting its evolution from a traditional finance player in Hong Kong in 2016 into a fully compliant fintech platform that unites blockchain-based stablecoins, tokenized ...
Solowin Raises $6 Million via Second Pre-Paid Share Purchase with Streeterville
Jun 2, 2026
On June 2, 2026, Solowin Holdings issued a second pre-paid purchase instrument, PPP #2, to Streeterville Capital, LLC under a February 2026 securities purchase agreement, raising $6 million in gross proceeds at an original issue discount on a $6.4...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.