Growth & profitability
- Revenue has declined 4.7% per year over the past 3 years.
Financial health
- The company is unprofitable; at its current free-cash-flow burn it has roughly 3.4 years of cash runway.
AXG Financials Solowin Holdings, Ltd.
4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3M | -$9M | 0.0% | 0.0% | -$1M | — | $4M |
| 2024 | $4M | -$5M | 0.0% | 0.1% | -$6M | — | $2M |
| 2023 | $4M | $1M | 0.0% | 1.4% | -$451000 | — | $2M |
| 2022 | $3M | -$979000 | 0.0% | 6.0% | -$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.
- The price-to-sales ratio has fallen from 20.4× (Oct '25) to 18.8× (Jun '26).
P/S
Frequently asked questions
Is AXG growing its revenue and profit?
Over the past 3 years, Solowin Holdings, Ltd.'s revenue has declined 4.7% per year. These are computed facts, not advice.
How much debt does AXG have?
As of FY2025, Solowin Holdings, Ltd. reported — of total debt against $4M of cash.
What is AXG's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin -302.9%.
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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.