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Solowin (AXG) investor relations material
Solowin H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the six months ended September 30, 2025, surged 453% year-over-year to $5.84 million, driven by digital assets-related services and the AlloyX Group acquisition.
Net loss narrowed by 26% to $4.63 million, with basic and diluted loss per share improving to $0.07 from $0.39 year-over-year.
Active users reached 16,000, institutional clients grew 110% to 120, and assets under management rose to $820 million.
Stablecoin and fiat trading volume reached $86 million, and four tokenized products are now available.
Financial highlights
Digital assets service income rose to $5.18 million from $15,000 year-over-year, now 88% of total revenue.
Traditional financial services revenue declined across all categories, with brokerage commissions, advisory, consultancy, and asset management income all lower year-over-year.
Expenses increased to $10.49 million from $7.35 million, mainly due to higher general/admin and virtual asset service costs.
Cash and cash equivalents increased to $8.78 million from $3.84 million at March 31, 2025.
Outlook and guidance
Management expects continued growth in digital assets services and global expansion, supported by recent acquisitions and new licenses in key markets.
The company plans to strengthen global payments infrastructure and institutional-grade digital asset services.
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