tradmap

AXG Financials Solowin Holdings, Ltd.

5 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 71.3% per year over the past 4 years.

Financial health

  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.1 years of cash runway.
Revenue & net income
-$13M $7M $28M $0 2022 2023 2024 2025 2026
RevenueNet income
Margins (gross / operating / net)
-303% -136% 30% 0% 2022 2023 2024 2025 2026
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-180% -70% 40% 0% 2022 2023 2024 2025 2026
ROEROA
Free cash flow (CFO − capex)
-$16M -$8M $0 2022 2023 2024 2025 2026
Free cash flow
Cash vs total debt
$0 $8M $17M 2022 2023 2024 2025 2026
CashTotal debt
Cash flow: operating / investing / financing
-$15M $3M $21M $0 2022 2023 2024 2025 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2026 $28M -$13M 0.0% 0.0% -52.8% -26.2% -$16M — $17M
2025 $3M -$9M 0.0% 0.0% -180.5% -69.4% -$1M — $4M
2024 $4M -$5M 0.0% 0.1% -51.1% -29.6% -$6M — $2M
2023 $4M $1M 0.0% 1.4% 40.4% 13.2% -$451000 — $2M
2022 $3M -$979000 0.0% 6.0% -48.9% -10.3% -$6M — $977000

Valuation over time

How the market has priced AXG against its own fundamentals since 2025-10 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 16479.8 32959.5 Oct '25 Dec '25 Feb '26 Apr '26 Jun '26 Aug '26 Oct '26
P/S

Frequently asked questions

Is AXG growing its revenue and profit?

Over the past 4 years, Solowin Holdings, Ltd.'s revenue has grown 71.3% per year. These are computed facts, not advice.

How much debt does AXG have?

As of FY2026, Solowin Holdings, Ltd. reported — of total debt against $17M of cash.

What is AXG's profit margin?

In FY2026, gross margin was —, operating margin —, and net margin -47.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.