Revenue Soars 453% As  Global Expansion Accelerates HONG KONG, Jan. 9, 2026 /PRNewswire/ -- SOLOWIN ...

SOLOWIN HOLDINGS Reports Unaudited Financial Results for First Half of Fiscal Year 2026

<article>
    <h2>SOLOWIN HOLDINGS Reports Strong Financial Results for H1 FY 2026</h2>
    <p>SOLOWIN HOLDINGS (Nasdaq: AXG), a prominent financial technology firm specializing in integrating traditional and digital assets, unveiled impressive unaudited financial results for the first half of fiscal year 2026, which concluded on September 30, 2025. The company reported a remarkable <strong>453% increase</strong> in revenue, totaling <strong>$5.84 million</strong>, while also narrowing its net loss by <strong>26%</strong> to <strong>$4.63 million</strong>. These results reflect SOLOWIN's successful execution of its dual strategy focusing on both traditional finance and digital assets, with significant contributions from its digital assets-related services.</p>

    <h3>CEO's Insights on Growth and Strategy</h3>
    <p>Mr. Ling Ngai Lok, CEO and Chairman of SOLOWIN, emphasized the company’s strategic advancements: “Our first-half performance demonstrates the significant progress we have made in executing our strategic vision. Assets under management (AUM) on our platform have grown to <strong>$820 million</strong>, while the number of institutional clients surged <strong>110%</strong> year-over-year, reaching <strong>120</strong>, and active users increased to <strong>16,000</strong>. This growth is largely driven by continuous product innovation, including the launch of the Real Yield Token (RYT) and Tokenization-as-a-Service solutions, which enhance our position as a globally integrated financial services platform.”</p>

    <h3>Strategic Expansion Initiatives</h3>
    <p>SOLOWIN's strategy for growth is rooted in organic expansion coupled with strategic acquisitions. Recent initiatives include:</p>
    <ul>
        <li>Entering the Saudi Arabian market via a partnership with CITIC.</li>
        <li>Establishing an operation center in Dubai.</li>
        <li>Expanding into Singapore through the acquisition of a Major Payment Institution (MPI) license.</li>
        <li>A key acquisition of AlloyX for <strong>$350 million</strong>, enhancing the global network of financial services and regulatory licenses, particularly in stablecoin and high-growth markets.</li>
    </ul>
    <p>Moving forward, SOLOWIN aims to strengthen its global payments infrastructure and enhance institutional-grade digital asset services, leveraging its expanding portfolio of international licenses to bridge traditional and digital finance.</p>

    <h3>Financial Overview for H1 FY 2026</h3>
    <h4>Revenue Breakdown</h4>
    <p>The overall revenue for the period ending September 30, 2025, demonstrated a stellar increase of <strong>453%</strong> from <strong>$1.06 million</strong> in the prior year. Key metrics include:</p>
    <ul>
        <li>Revenue from digital assets-related services significantly drove growth.</li>
        <li>Revenue from securities brokerage commissions decreased to <strong>$13,000</strong>, down from <strong>$75,000</strong>.</li>
        <li>Investment advisory fees fell to <strong>$159,000</strong>, reflecting a <strong>50%</strong> decrease.</li>
        <li>Corporate consultancy service income dropped to <strong>$160,000</strong>.</li>
        <li>Revenue from asset management linked to related parties was <strong>$328,000</strong>.</li>
        <li>Interest income was nil, a significant drop from <strong>$30,000</strong>.</li>
    </ul>

    <h4>Digital Assets-Related Services</h4>
    <p>In a positive trend, virtual assets service income skyrocketed to <strong>$5.18 million</strong>, compared to just <strong>$15,000</strong> the previous year. This increase showcases the growing adoption of SOLOWIN's digital assets services, including trading and subscription services for Bitcoin and Ethereum spot ETFs.</p>

    <h3>Expense Overview</h3>
    <p>Total expenses rose to <strong>$10.49 million</strong>, an increase from <strong>$7.35 million</strong> in the prior year. This rise was primarily due to increased general and administrative costs and expenses associated with virtual assets services.</p>

    <h3>Conclusion</h3>
    <p>SOLOWIN HOLDINGS is well-positioned for further growth in the financial technology sector, leveraging its innovative strategies and acquisitions to create long-term value for shareholders. As the company continues to bridge the gap between traditional finance and digital assets, its recognition as a leader in the industry is expected to strengthen.</p>
</article>

Revenue increased 453% to $5.84M, showing robust growth.
Net loss narrowed by 26% to $4.63M, reflecting effective cost management.
AUM grew to $820M with active users reaching 16,000.
Global expansion included entry into Saudi Arabia and Singapore.
Acquisition of AlloyX for $350M reinforces digital asset strategy.

SOLOWIN HOLDINGS Reports Unaudited Financial Results for First Half of Fiscal Year 2026

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