View ValuationSolowin Holdings 将来の成長Future 基準チェック /06現在、 Solowin Holdingsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Capital Markets 収益成長12.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Apr 24Solowin Holdings Provides Preliminary Unaudited Earnings Guidance for the Fiscal Year Ended March 31, 2026Solowin 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.すべての更新を表示Recent updatesお知らせ • May 17Ax 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.お知らせ • Apr 24Solowin Holdings Provides Preliminary Unaudited Earnings Guidance for the Fiscal Year Ended March 31, 2026Solowin 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.お知らせ • Jan 28Solowin Holdings’s AS Coin Becomes the First Stablecoin Issuer Granted In-Principle License Approval from the Central Bank of BahrainSOLOWIN 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 13First 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).お知らせ • Jan 01Solowin 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お知らせ • Oct 15Solowin 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: 2,758,621Seeking Alpha • Oct 09Solowin Holdings: Structural Vulnerabilities And Competitive HeadwindsSummary Solowin Holdings faces deep structural and competitive challenges, making its current valuation unsustainable and justifying a Strong Sell rating. SWIN's offshore Cayman Islands structure exposes investors to significant regulatory risks, especially if Beijing expands oversight over Hong Kong-based firms. The company operates in a highly competitive, fee-compressed Hong Kong brokerage market, lacking scale, pricing power, and suffering widening losses despite revenue growth. SWIN trades at a substantial premium to sector and peers, with a target price of $0.93 implying 68% downside from current levels. Read the full article on Seeking AlphaNew Risk • Aug 17New major risk - Share price stabilityThe 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).お知らせ • Aug 14Solowin to Jointly Launch USD 100 Million Bitcoin Quantitative Fund with AntalphaSolowin 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.お知らせ • Aug 12Solowin 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 02Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull 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 11New major risk - Shareholder dilutionThe 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).お知らせ • Jun 07Solowin 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お知らせ • May 30Solowin 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お知らせ • May 24Solowin 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 OfferingBoard Change • Apr 01High number of new and inexperienced directorsThere 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 14New major risk - Share price stabilityThe 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).お知らせ • Jan 24Solowin 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 WarrantNew Risk • Jan 17New major risk - Revenue and earnings growthEarnings 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 03First 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 29New major risk - Share price stabilityThe 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 28Full 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 25Investor 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 04Investor 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 23Investor 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 09Investor 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 20First 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 18Investor 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 23New minor risk - Financial data availabilityThe 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 19Investor 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 09Investor 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 24Investor 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 03Investor 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.お知らせ • Sep 08Solowin 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 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Solowin Holdings は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測NasdaqCM:AXG - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/20258-7-6-6N/A6/30/20255-8-4-4N/A3/31/20253-9-1-1N/A12/31/20243-10-2-2N/A9/30/20242-12-3-2N/A6/30/20243-8-4-4N/A3/31/20243-5-6-6N/A12/31/20235-1-3-3N/A9/30/202363-1-1N/A6/30/202352-1-1N/A3/31/20234100N/A12/31/202230-3-3N/A9/30/20222-1-5-5N/A6/30/20223-1-5-5N/A3/31/20223-1-6-6N/A3/31/20211-11111N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: AXGの予測収益成長が 貯蓄率 ( 3.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: AXGの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: AXGの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: AXGの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: AXGの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: AXGの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YDiversified-financials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/12 08:04終値2026/07/10 00:00収益2025/09/30年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Solowin Holdings 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Hunter DiamondDiamond Equity Research LLC
お知らせ • Apr 24Solowin Holdings Provides Preliminary Unaudited Earnings Guidance for the Fiscal Year Ended March 31, 2026Solowin 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.
お知らせ • May 17Ax 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.
お知らせ • Apr 24Solowin Holdings Provides Preliminary Unaudited Earnings Guidance for the Fiscal Year Ended March 31, 2026Solowin 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.
お知らせ • Jan 28Solowin Holdings’s AS Coin Becomes the First Stablecoin Issuer Granted In-Principle License Approval from the Central Bank of BahrainSOLOWIN 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 13First 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).
お知らせ • Jan 01Solowin 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
お知らせ • Oct 15Solowin 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
Seeking Alpha • Oct 09Solowin Holdings: Structural Vulnerabilities And Competitive HeadwindsSummary Solowin Holdings faces deep structural and competitive challenges, making its current valuation unsustainable and justifying a Strong Sell rating. SWIN's offshore Cayman Islands structure exposes investors to significant regulatory risks, especially if Beijing expands oversight over Hong Kong-based firms. The company operates in a highly competitive, fee-compressed Hong Kong brokerage market, lacking scale, pricing power, and suffering widening losses despite revenue growth. SWIN trades at a substantial premium to sector and peers, with a target price of $0.93 implying 68% downside from current levels. Read the full article on Seeking Alpha
New Risk • Aug 17New major risk - Share price stabilityThe 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).
お知らせ • Aug 14Solowin to Jointly Launch USD 100 Million Bitcoin Quantitative Fund with AntalphaSolowin 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.
お知らせ • Aug 12Solowin 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 02Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull 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 11New major risk - Shareholder dilutionThe 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).
お知らせ • Jun 07Solowin 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
お知らせ • May 30Solowin 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
お知らせ • May 24Solowin 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 01High number of new and inexperienced directorsThere 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 14New major risk - Share price stabilityThe 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).
お知らせ • Jan 24Solowin 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 17New major risk - Revenue and earnings growthEarnings 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 03First 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 29New major risk - Share price stabilityThe 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 28Full 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 25Investor 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 04Investor 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 23Investor 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 09Investor 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 20First 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 18Investor 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 23New minor risk - Financial data availabilityThe 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 19Investor 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 09Investor 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 24Investor 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 03Investor 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.
お知らせ • Sep 08Solowin 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