Annuncio • May 17
Ax Coin Bahrain B.S.C. (C) Announces Strategic Mou with Infinios Financial Services B.S.C. (C) AX Coin Bahrain B.S.C. (c) announced the signing of a non-binding Memorandum of Understanding with Infinios Financial Services B.S.C. (c). The collaboration focuses on developing regulated wallet infrastructure and digital payment solutions to advance the adoption of stablecoins. This partnership establishes a foundational framework for digital asset integration, centered on a comprehensive, regulated wallet stack. Under the MOU, AX Coin—which has received in-principle approval from the Central Bank of Bahrain—will plug directly into Infinios’ payments infrastructure. It will allow the parties to enable custodial and non-custodial wallet solutions through regulated third-party and partner frameworks, multi-currency virtual accounts, and seamless fiat on/off ramps for stablecoins. The integration is designed to bridge the gap between traditional banking and digital assets, providing institutional clients with a single, compliant environment to manage the entire lifecycle of their digital positions. By linking client fiat balances held with regulated banking partners to AX Coin settlement flows, the platform is expected to enable real-time settlement, business-to-business cross-border payments, and dedicated pay-in/pay-out solutions that connect digital assets to global banking ecosystems. To ensure institutional-grade utility, the collaboration includes full application programming interface integration and robust reporting, reconciliation, and analytics. Beyond the underlying technology, the partnership will focus on the strategic distribution of AX Coin across institutional, merchant, and retail channels. The result is a unified user experience where clients can fund accounts, hold digital assets via integrated wallet solutions, settle transactions, and move funds end-to-end without friction, setting a new benchmark for regulated stablecoin applications globally. The strategic partnership between AX Coin and Infinios aims to redefine the digital finance landscape by establishing a robust framework for regulated stablecoin integration. By combining compliant issuance with advanced wallet and payment infrastructure, the two firms aim to set a new regional benchmark for how regulated stablecoins are held, moved, and settled. Annuncio • Apr 24
Solowin Holdings Provides Preliminary Unaudited Earnings Guidance for the Fiscal Year Ended March 31, 2026 Solowin Holdings provided preliminary unaudited earnings guidance for the Fiscal Year Ended March 31, 2026. For the period, the company expects Revenue to be in the Range of $27 Million to $29 Million, Approximately 10x Year-over-Year Growth. Net loss was in the range of $11 million to $13 million, reflecting continued investment in technology, compliance, and global business expansion. Annuncio • Jan 28
Solowin Holdings’s AS Coin Becomes the First Stablecoin Issuer Granted In-Principle License Approval from the Central Bank of Bahrain SOLOWIN HOLDINGS announced that AX Coin, the stablecoin issuance entity under AlloyX Group, a key subsidiary of the Company, has received an In-Principle Approval letter for a stablecoin license from the Central Bank of Bahrain (“CBB”), subject to final regulatory approval. Reported Earnings • Jan 13
First half 2026 earnings released: US$0.066 loss per share (vs US$0.39 loss in 1H 2025) First half 2026 results: US$0.066 loss per share (improved from US$0.39 loss in 1H 2025). Net loss: US$4.63m (loss narrowed 26% from 1H 2025). Annuncio • Jan 01
Solowin Holdings has filed a Follow-on Equity Offering in the amount of $2.000002 million. Solowin Holdings has filed a Follow-on Equity Offering in the amount of $2.000002 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 512,821
Price\Range: $3.9
Transaction Features: Registered Direct Offering Annuncio • Oct 15
Solowin Holdings has withdrawn its Follow-on Equity Offering in the amount of $20 million. Solowin Holdings has withdrawn its Follow-on Equity Offering in the amount of $20 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,793,103
Price\Range: $1.45
Discount Per Security: $0.087
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 2,758,621 New Risk • Aug 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 75% per year over the past 5 years. Shareholders have been substantially diluted in the past year (210% increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$3.3m revenue). Annuncio • Aug 14
Solowin to Jointly Launch USD 100 Million Bitcoin Quantitative Fund with Antalpha Solowin announced its plan to launch a joint Bitcoin quantitative fund with Antalpha. The proposed fund targets USD 100 million in assets under management (AUM) and employs a data-driven, algorithmic trading strategy to invest in Bitcoin. Through its regulated subsidiary Solomon JFZ (Asia) Holdings Limited, Solowin offers high-net-worth and institutional investors a full range of financial services across both traditional and digital asset markets. With a strong presence in Hong Kong, the firm provides corporate finance, wealth management, asset management, and Web3 solutions. Its Solomon VA+ platform is the first in the region to integrate traditional and virtual asset trading with wealth management, enabling clients to manage diversified portfolios within a single ecosystem. Antalpha is a leading fintech company providing financing, technology, and risk management solutions to institutions in the digital asset industry. As the primary lending partner of Bitmain--a leading designer of application-specific integrated circuit (ASIC) chip for Bitcoin mining, Antalpha offers Bitcoin supply chain and margin loans via the Antalpha Prime platform, which enables clients to originate and manage digital asset loans and monitor collateral positions with near real-time data. Annuncio • Aug 12
Solowin Holdings (NasdaqCM:SWIN) agreed to acquire Alloyx Inc from VAST SPACE LIMITED and other sellers. Solowin Holdings (NasdaqCM:SWIN) agreed to acquire Alloyx Inc from VAST SPACE LIMITED and other sellers on August 11, 2025. VAST SPACE LIMITED is entitled to additional, performance-based earn-out payments if certain valuation milestones are achieved within 24 months after closing of the Acquisition: (a) $5 million if the post-closing enterprise valuation of AlloyX Group reaches or exceeds $600 million; and (b) an additional $5 million if the valuation reaches or exceeds $1 billion. The maximum aggregate earn-out is $10 million.
The transaction is subject to consummation of due diligence by Solowin Holdings and is expected to close on or before September 10, 2025. Reported Earnings • Jul 02
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: US$0.53 loss per share (further deteriorated from US$0.33 loss in FY 2024). Revenue: US$3.32m (down 3.5% from FY 2024). Net loss: US$8.54m (loss widened 87% from FY 2024). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Capital Markets industry in the US. New Risk • Jun 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 210% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 79% per year over the past 5 years. Shareholders have been substantially diluted in the past year (210% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$88.8m market cap). Annuncio • Jun 07
Solowin Holdings has filed a Follow-on Equity Offering. Solowin Holdings has filed a Follow-on Equity Offering.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: $0.8
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 4,000,000
Transaction Features: Registered Direct Offering Annuncio • May 30
Solowin Holdings has filed a Follow-on Equity Offering in the amount of $6.6 million. Solowin Holdings has filed a Follow-on Equity Offering in the amount of $6.6 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: $0.33
Discount Per Security: $0.01
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 1,000,000
Transaction Features: Registered Direct Offering Annuncio • May 24
Solowin Holdings has filed a Follow-on Equity Offering in the amount of $3.5 million. Solowin Holdings has filed a Follow-on Equity Offering in the amount of $3.5 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,606,060
Price\Range: $0.33
Transaction Features: Registered Direct Offering Board Change • Apr 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Chairman Ling Ngai Lok is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Feb 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 79% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$21.2m market cap). Annuncio • Jan 24
Solowin Holdings has filed a Follow-on Equity Offering in the amount of $20 million. Solowin Holdings has filed a Follow-on Equity Offering in the amount of $20 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Security Name: Warrants
Security Type: Equity Warrant
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant New Risk • Jan 17
New major risk - Revenue and earnings growth Earnings have declined by 79% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 79% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$28.3m market cap). Reported Earnings • Jan 03
First half 2025 earnings released: US$0.39 loss per share (vs US$0.10 profit in 1H 2024) First half 2025 results: US$0.39 loss per share (down from US$0.10 profit in 1H 2024). Revenue: US$1.47m (down 41% from 1H 2024). Net loss: US$6.26m (down US$7.50m from profit in 1H 2024). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Capital Markets industry in the US. New Risk • Sep 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.8m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue has declined by 23% over the past year. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (US$3.4m revenue). Market cap is less than US$100m (US$43.5m market cap). Reported Earnings • Jul 28
Full year 2024 earnings released: US$0.33 loss per share (vs US$0.11 profit in FY 2023) Full year 2024 results: US$0.33 loss per share (down from US$0.11 profit in FY 2023). Revenue: US$3.44m (down 23% from FY 2023). Net loss: US$4.56m (down 438% from profit in FY 2023). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$2.75, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 20x in the Capital Markets industry in the US. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$3.30, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 21x in the Capital Markets industry in the US. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorates as stock falls 70% After last week's 70% share price decline to US$6.20, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 23x in the Capital Markets industry in the US. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to US$7.93, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 21x in the Capital Markets industry in the US. Reported Earnings • Mar 20
First half 2024 earnings released: EPS: US$0.10 (vs US$0.017 loss in 1H 2023) First half 2024 results: EPS: US$0.10 (up from US$0.017 loss in 1H 2023). Revenue: US$2.64m (up 126% from 1H 2023). Net income: US$1.25m (up US$1.45m from 1H 2023). Profit margin: 47% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 75% After last week's 75% share price decline to US$7.70, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 19x in the Capital Markets industry in the US. New Risk • Jan 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (147% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (US$4.5m revenue). Market cap is less than US$100m (US$49.8m market cap). Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$2.71, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 27x in the Capital Markets industry in the US. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$3.38, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 27x in the Capital Markets industry in the US. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$2.79, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 27x in the Capital Markets industry in the US. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$2.49, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 27x in the Capital Markets industry in the US. Annuncio • Sep 08
Solowin Holdings has completed an IPO in the amount of $8 million. Solowin Holdings has completed an IPO in the amount of $8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Price\Range: $4
Discount Per Security: $0.32
Security Name: Ordinary Shares
Security Type: Common Stock
Price\Range: $4
Discount Per Security: $0.16