Is Solowin Holdings Ordinary Share (AXG) a Buy, Sell, or Hold?
NASDAQ : AXG
Solowin Holdings Ordinary Share
$3.23 USD
-$0.04 (-1.22%)
- Volume
- 68.71K
- Average Volume
- 162.98K
- Market Capitalization
- $140.5M
- P/E Ratio
- -123.28
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $5.09
- Year Low
- $2.35
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.17
AXG Financial
| date | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| revenue | 361.73K | 548.4K | 568.08K | 418.27K | 152.33K |
| costOfRevenue | 86229 | 9585 | 5485 | 180.87K | 48498 |
| grossProfit | 275.5K | 538.82K | 562.59K | 237.4K | 103.83K |
| researchAndDevelopmentExpenses | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | - | - | - | - |
| otherExpenses | 1.32M | 1.1M | 398.28K | 359.05K | 153.62K |
| operatingExpenses | 1.32M | 1.1M | 398.28K | 359.05K | 153.62K |
| costAndExpenses | 1.41M | 1.11M | 403.76K | 539.92K | 202.12K |
| netInterestIncome | 9110 | 20064 | - | -29288 | -40501 |
| interestIncome | 9752 | 20064 | - | 128.46 | 257.97 |
| interestExpense | 641.59 | - | - | 29417 | 40759 |
| depreciationAndAmortization | 12703 | 3834 | 2296 | 2440 | 1547 |
| ebitda | -1.08M | -558.63K | 174.39K | -93905 | -40889 |
| ebit | -1.09M | -562.46K | 172.09K | -96346 | -42437 |
| nonOperatingIncomeExcludingInterest | 49017 | -3707 | -7781 | -25306 | -7352 |
| operatingIncome | -1.04M | -566.17K | 164.31K | -121.65K | -49789 |
| totalOtherIncomeExpensesNet | -49659 | 3707 | 7781 | -4111 | -33407 |
| incomeBeforeTax | -1.09M | -562.46K | 172.09K | -125.76K | -83196 |
| incomeTaxExpense | 2438 | 19809 | - | - | - |
| netIncomeFromContinuingOperations | -1.1M | -582.27K | 172.09K | -125.76K | -83196 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | -1.1M | -582.27K | 172.09K | -125.76K | -83196 |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | -1.1M | -582.27K | 172.09K | -125.76K | -83196 |
| eps | -0.07 | -0.02 | 0.01 | -0.0 | -0.0 |
| date | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 3.84M | 2.14M | 1.92M | 977K | 542K |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 3.84M | 2.14M | 1.92M | 977K | 542K |
| netReceivables | 273K | 4.15M | 1.7M | 971K | 60325 |
| accountsReceivables | 192K | 2.89M | 1.28M | 247K | - |
| otherReceivables | 81000 | 1.26M | 418K | 724K | 60325 |
| inventory | - | - | - | - | 11.74M |
| prepaids | 520K | 1.38M | 161K | 40000 | 40000 |
| otherCurrentAssets | 5.03M | 5.12M | 5.94M | 7.11M | 866.68K |
| totalCurrentAssets | 9.66M | 12.8M | 9.72M | 9.1M | 13.24M |
| propertyPlantEquipmentNet | 828K | 1.21M | 283K | 140K | 305K |
| goodwill | - | - | 55847 | 55827 | 55767 |
| intangibleAssets | 86000 | 77000 | 8152.92 | 8172.23 | 8232.09 |
| goodwillAndIntangibleAssets | 86000 | 77000 | 64000 | 64000 | 64000 |
| longTermInvestments | 368K | 254K | - | - | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 1.37M | 11.72M | 156K | 158K | 110K |
| totalNonCurrentAssets | 2.65M | 13.26M | 503K | 362K | 479K |
| otherAssets | - | -10.66M | - | - | - |
| totalAssets | 12.31M | 15.4M | 10.23M | 9.46M | 13.72M |
| totalPayables | 5.97M | 5.18M | 6.35M | 7.29M | 11.98M |
| accountPayables | 5.02M | 5.11M | 6.35M | 7.29M | 11.98M |
| otherPayables | 951K | 64000 | 6000 | - | - |
| accruedExpenses | 524K | 232K | 163K | 74000 | 21000 |
| shortTermDebt | 420K | - | - | - | - |
| capitalLeaseObligationsCurrent | 577K | 631K | 156K | 98000 | 162K |
| taxPayables | - | 55000 | - | - | - |
| deferredRevenue | - | - | 120K | - | - |
| otherCurrentLiabilities | - | - | - | - | - |
| totalCurrentLiabilities | 7.49M | 6.04M | 6.79M | 7.46M | 12.16M |
| longTermDebt | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 83000 | 439K | 95000 | - | 99000 |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - |
| totalNonCurrentLiabilities | 83000 | 439K | 95000 | - | 99000 |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | 660K | 1.07M | 251K | 98000 | 261K |
| totalLiabilities | 7.58M | 6.48M | 6.89M | 7.46M | 12.26M |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 2000 | 1000 | 1000 | 1000 | 1000 |
| retainedEarnings | -14.52M | -5.98M | -1.43M | -2.78M | -1.8M |
| additionalPaidInCapital | 19.22M | 14.91M | 609.56K | 611K | 419.96K |
| date | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| netIncome | -1.1M | -582.27K | 172.09K | -125.76K | -83196 |
| depreciationAndAmortization | 12703 | 3834 | 2296 | 2440 | 1547 |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - |
| changeInWorkingCapital | 533.03K | -764.14K | -233.2K | -626.5K | 1.5M |
| accountsReceivables | 440.13K | -308.52K | -146.83K | -24279 | -14188 |
| inventory | - | - | - | - | - |
| accountsPayables | -11420 | -157.84K | -120.04K | -602.48K | 1.52M |
| otherWorkingCapital | 104.32K | -297.78K | 33678 | 256.92 | -3224 |
| otherNonCashItems | 414.21K | 625.98K | 2296 | 12717 | 7868 |
| netCashProvidedByOperatingActivities | -135.63K | -716.6K | -56514 | -737.11K | 1.42M |
| investmentsInPropertyPlantAndEquipment | -14756 | -20576 | -1020 | -2183 | -4772 |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | -84433 | -32845 | - | - | - |
| salesMaturitiesOfInvestments | 6415 | - | - | - | - |
| otherInvestingActivities | 129.6K | -122.44K | 29724 | 16828 | 50046 |
| netCashProvidedByInvestingActivities | 36827 | -175.86K | 28703 | 14644 | 45274 |
| netDebtIssuance | - | - | 255.14 | -8221 | -1676 |
| longTermNetDebtIssuance | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | 255.14 | -8221 | -1676 |
| netStockIssuance | 128.32K | 850.66K | -43757 | - | - |
| netCommonStockIssuance | 128.32K | 850.66K | -43757 | - | - |
| commonStockIssuance | 128.32K | 850.66K | -43757 | - | - |
| commonStockRepurchased | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | 176.56K | 8179 | - | 195.77K | -4514 |
| netCashProvidedByFinancingActivities | 304.88K | 858.84K | -43501 | 187.55K | -6191 |
| date | 2025-09-30 | 2025-03-31 | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 | 2022-03-31 | 2021-09-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 747.73K | 226.81K | 135.11K | 211.2K | 337.1K | 419.79K | 148.59K | 119.02K | 299.55K | 119.02K |
| costOfRevenue | 727.25K | 53102 | 33168 | 6012 | 3575 | 2426 | 3058 | 9233 | 171.91K | 7951 |
| grossProfit | 20480 | 173.71K | 101.94K | 205.18K | 333.52K | 417.36K | 145.53K | 109.78K | 127.64K | 111.06K |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| otherExpenses | 615.39K | 696.38K | 871.22K | 943.16K | 162.93K | 220.69K | 177.64K | 212.64K | 146.3K | 213.92K |
| operatingExpenses | 615.39K | 696.38K | 871.22K | 943.16K | 162.93K | 220.69K | 177.64K | 212.64K | 146.3K | 213.92K |
| costAndExpenses | 1.34M | 749.48K | 904.39K | 949.17K | 166.5K | 223.11K | 180.7K | 221.87K | 318.21K | 221.87K |
| netInterestIncome | 21117 | 900.05 | 8196 | 17908 | - | - | - | - | -29337 | 128.25 |
| interestIncome | 21117 | 1542 | 8196 | 17908 | - | - | - | 128.25 | - | 128.25 |
| interestExpense | - | 642.89 | - | - | - | - | - | 128.25 | 29337 | - |
| depreciationAndAmortization | 56572 | 6171 | 6531 | 2302 | 1532 | 1149 | 1146 | 1282 | 1158 | 1282 |
| ebitda | -536.54K | -284.29K | -794.51K | -731.58K | 172.12K | 198.98K | -24339 | -77975 | -15826 | -101.57K |
| ebit | -593.12K | -290.46K | -801.04K | -733.88K | 170.59K | 197.83K | -25486 | -79257 | -16985 | -102.86K |
| nonOperatingIncomeExcludingInterest | -1792 | -232.21K | 31760 | -4093 | - | -1149 | -6627 | -23597 | -1672 | - |
| operatingIncome | -594.91K | -522.67K | -769.28K | -737.98K | 170.59K | 196.68K | -32113 | -102.86K | -18657 | -102.86K |
| totalOtherIncomeExpensesNet | 1792 | 231.57K | -31760 | 4093 | - | 1149 | 6627 | 23469 | -27665 | 23469 |
| incomeBeforeTax | -593.12K | -291.1K | -801.04K | -733.88K | 170.59K | 197.83K | -25486 | -79386 | -46322 | -79386 |
| incomeTaxExpense | - | 2442 | - | 8570 | 11236 | - | - | - | - | - |
| netIncomeFromContinuingOperations | -593.12K | -293.54K | -801.04K | -742.45K | 159.36K | 197.83K | -25486 | -79386 | -46322 | -79386 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -592.86K | -293.54K | -801.04K | -742.45K | 159.35K | 197.83K | -25486 | -79386 | -46322 | -79386 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -592.86K | -293.54K | -801.04K | -742.45K | 159.35K | 197.83K | -25486 | -79386 | -46322 | -79386 |
| eps | -0.01 | -0.02 | -0.03 | -0.03 | 0.01 | 0.01 | - | -0.0 | -0.0 | -0.0 |
| date | 2025-09-30 | 2025-03-31 | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 8.78M | 3.84M | 2.46M | 2.14M | 6.38M | 1.92M | 638K | 977K | 542K |
| shortTermInvestments | 5.8M | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 14.58M | 3.84M | 2.46M | 2.14M | 6.38M | 1.92M | 638K | 977K | 542K |
| netReceivables | 6.49M | 273K | 1.4M | 4.15M | 2.24M | 1.7M | 853K | 77508 | 952K |
| accountsReceivables | 5.36M | 192K | 536K | 2.89M | 1.05M | 1.28M | 563K | - | 267K |
| otherReceivables | 1.12M | 81000 | 869K | 1.26M | 1.19M | 418K | 290K | 77508 | 685K |
| inventory | - | - | - | - | 5.48M | - | - | - | 11.74M |
| prepaids | 590K | 520K | 663K | 1.38M | - | 161K | 38000 | 40000 | 40000 |
| otherCurrentAssets | 6.7M | 5.03M | 5.93M | 5.12M | 2.38M | 5.94M | 6.11M | 8M | -25000 |
| totalCurrentAssets | 28.35M | 9.66M | 10.46M | 12.8M | 16.48M | 9.72M | 7.64M | 9.1M | 13.24M |
| propertyPlantEquipmentNet | 2.32M | 828K | 864K | 1.21M | 198K | 283K | 48000 | 140K | 305K |
| goodwill | 343.05M | - | - | - | - | - | - | - | 55767 |
| intangibleAssets | 71000 | 86000 | 129K | 77000 | 82000 | 64000 | 64000 | 64000 | 8232.09 |
| goodwillAndIntangibleAssets | 343.12M | 86000 | 129K | 77000 | 82000 | 64000 | 64000 | 64000 | 64000 |
| longTermInvestments | 8M | 368K | 628K | 254K | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.38M | 1.37M | 1.03M | 1.07M | 138K | 156K | 157K | 158K | 110K |
| totalNonCurrentAssets | 354.81M | 2.65M | 2.66M | 2.61M | 418K | 503K | 269K | 362K | 479K |
| otherAssets | - | - | - | - | - | - | - | - | - |
| totalAssets | 383.17M | 12.31M | 13.11M | 15.4M | 16.9M | 10.23M | 7.9M | 9.46M | 13.72M |
| totalPayables | 11.45M | 5.97M | 5.92M | 5.18M | 5.6M | 6.35M | 6.02M | 7.29M | 11.98M |
| accountPayables | 6.68M | 5.02M | 5.68M | 5.11M | 5.5M | 6.35M | 6.02M | 7.29M | 11.98M |
| otherPayables | 4.77M | 951K | 234K | 64000 | 97000 | 6000 | - | - | - |
| accruedExpenses | 684K | 524K | 303K | 232K | 93000 | 163K | 73000 | 74000 | 21000 |
| shortTermDebt | - | 420K | - | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | 914K | 577K | 534K | 631K | 160K | 156K | 15000 | 98000 | 162K |
| taxPayables | - | - | - | 55000 | 88000 | - | - | - | - |
| deferredRevenue | - | - | 151K | - | 120K | 120K | - | - | - |
| otherCurrentLiabilities | - | - | - | - | - | - | - | - | - |
| totalCurrentLiabilities | 13.05M | 7.49M | 6.9M | 6.04M | 5.97M | 6.79M | 6.11M | 7.46M | 12.16M |
| longTermDebt | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 1.12M | 83000 | 196K | 439K | 14000 | 95000 | - | - | 12734 |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | 86266 |
| totalNonCurrentLiabilities | 1.12M | 83000 | 196K | 439K | 14000 | 95000 | - | - | 99000 |
| otherLiabilities | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 2.04M | 660K | 730K | 1.07M | 174K | 251K | 15000 | 98000 | 174.73K |
| totalLiabilities | 14.17M | 7.58M | 7.1M | 6.48M | 5.99M | 6.89M | 6.11M | 7.46M | 12.26M |
| treasuryStock | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - |
| commonStock | 19000 | 2000 | 2000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 |
| retainedEarnings | -19.15M | -14.52M | -12.24M | -5.98M | -180K | -1.43M | -2.98M | -2.78M | -1.8M |
| additionalPaidInCapital | 388.1M | 19.22M | 18.22M | 14.91M | 11.1M | 609.56K | 4.78M | 611K | 419.96K |
| date | 2025-09-30 | 2025-03-31 | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 | 2022-03-31 | 2021-09-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -592.86K | -293.54K | -801.04K | -742.45K | 159.35K | 197.83K | -25486 | -79386 | -46322 | -79386 |
| depreciationAndAmortization | 56572 | 6171 | 6531 | 2302 | 1532 | 1149 | 1146.89 | 1282 | 1158.06 | 1282 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -37757 | 43886 | 490.23K | -281.28K | -483.56K | -51994 | -181.46K | -396.82K | -228.65K | -396.82K |
| accountsReceivables | -775.38K | 165.3K | 275.72K | -208.31K | -100.49K | -127.37K | -19624 | 18608 | -42848 | 18608 |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 809.55K | -106.34K | 94895 | -50469 | -107.51K | 41024 | -161.2K | -433.96K | -167.53K | -433.96K |
| otherWorkingCapital | -71931 | -15077 | 119.61K | -22504 | -275.55K | 34353 | -638 | 18528 | -18271 | 18528 |
| otherNonCashItems | 5247 | 7176 | 404.68K | 607.06K | 19791 | 2245 | 0.11 | 12845 | -1.06 | 12845 |
| netCashProvidedByOperatingActivities | -568.8K | -236.31K | 100.4K | -414.38K | -302.88K | 149.23K | -205.8K | -462.08K | -273.82K | -462.08K |
| investmentsInPropertyPlantAndEquipment | -383.98 | -3516 | -11269 | -17786 | -2809 | -1021 | - | 7.2 | -2187 | 7.2 |
| acquisitionsNet | 97274 | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -17023 | -338 | -84266 | -32875 | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | 6428 | - | - | - | - | - | - | - | - |
| otherInvestingActivities | -0.02 | 519.83 | 129.34K | -122.55K | - | -4904 | 34661 | 23362 | -6562 | 23362 |
| netCashProvidedByInvestingActivities | 79867 | 3093 | 33808 | -173.21K | -2809 | -5926 | 34661 | 23370 | -8749 | 23370 |
| netDebtIssuance | - | - | - | -7533 | 7533.61 | 255.43 | - | -1516 | -6690 | -1516 |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | -7533 | 7533.61 | 255.43 | - | -1516 | -6690 | -1516 |
| netStockIssuance | - | 128.58K | - | -876 | 852.32K | -34885 | -8920 | - | - | - |
| netCommonStockIssuance | - | 128.58K | - | -876 | 852.32K | -34885 | -8920 | - | - | - |
| commonStockIssuance | - | 128.58K | - | -876 | 852.32K | -34885 | -8920 | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 1.29M | 174.11K | 2817 | 8186 | 0.39 | 0.57 | - | 112.33K | 83122 | 112.33K |
| netCashProvidedByFinancingActivities | 1.29M | 302.68K | 2817 | -222 | 859.85K | -34629 | -8920 | 110.81K | 76431 | 110.81K |