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

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

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AI Summary

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.

Sentiment Rationale

The 453% revenue growth indicates strong market demand and effective strategy execution, paralleling companies like Coinbase during NFT booms that saw similar spikes.

Trading Thesis

Sustained growth from strategic acquisitions and international presence solidifies AXG's competitive positioning in the burgeoning digital asset market.

Market-Moving

  • 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.

Key Facts

  • 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.

Companies Mentioned

  • COIN (COIN)
  • BTC (BTC)
  • ETH (ETH)

Corporate Developments

The significant revenue increase and strategic expansions position AXG as a leader in digital finance, attracting investor interest.

SOLOWIN HOLDINGS Reports Strong Financial Results for H1 FY 2026

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 453% increase in revenue, totaling $5.84 million, while also narrowing its net loss by 26% to $4.63 million. 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.

CEO's Insights on Growth and Strategy

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 $820 million, while the number of institutional clients surged 110% year-over-year, reaching 120, and active users increased to 16,000. 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.”

Strategic Expansion Initiatives

SOLOWIN's strategy for growth is rooted in organic expansion coupled with strategic acquisitions. Recent initiatives include:

  • Entering the Saudi Arabian market via a partnership with CITIC.
  • Establishing an operation center in Dubai.
  • Expanding into Singapore through the acquisition of a Major Payment Institution (MPI) license.
  • A key acquisition of AlloyX for $350 million, enhancing the global network of financial services and regulatory licenses, particularly in stablecoin and high-growth markets.

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.

Financial Overview for H1 FY 2026

Revenue Breakdown

The overall revenue for the period ending September 30, 2025, demonstrated a stellar increase of 453% from $1.06 million in the prior year. Key metrics include:

  • Revenue from digital assets-related services significantly drove growth.
  • Revenue from securities brokerage commissions decreased to $13,000, down from $75,000.
  • Investment advisory fees fell to $159,000, reflecting a 50% decrease.
  • Corporate consultancy service income dropped to $160,000.
  • Revenue from asset management linked to related parties was $328,000.
  • Interest income was nil, a significant drop from $30,000.

Digital Assets-Related Services

In a positive trend, virtual assets service income skyrocketed to $5.18 million, compared to just $15,000 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.

Expense Overview

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

Conclusion

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.

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