Solowin
Combines Hong Kong financial services with tokenization and stablecoin-payment infrastructure.
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Profile
Provides corporate finance, wealth management, asset management, and virtual-assets services in Hong Kong. After acquiring AlloyX, it has described a strategy combining its licensed financial-services base with tokenization, stablecoin infrastructure, and digital payments.
Runs a Hong Kong financial-services base spanning corporate finance, wealth management, asset management, and virtual-assets services. Its operating business is built around licensed Hong Kong entities, while the listed Cayman issuer is a holding company without material operations.
Since acquiring AlloyX, it has stated a strategy that combines traditional finance with real-world-asset tokenization, stablecoin infrastructure, and digital payments. Related entities include Solomon JFZ, AlloyX Group, and AX Coin HK.
Its post-acquisition profile depends on bringing those digital-asset initiatives into the established Hong Kong financial-services base; detailed current revenue by product or entity has not been established in the reviewed sources.
Company facts
Categories
Key statistics
Year to date −45.3% · Average volume (30d) 196.5K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 3, 2026 | −$0.16 | −$0.01 | +96.4% | $2.3M | $2.8M | +22.8% | 0.00% |
| Jan 9, 2026 | −$0.19 | −$0.01 | +95.6% | $1.9M | $747.7K | −60.6% | −4.31% |
| Dec 31, 2024Q2 FY25 | $0.03 | −$0.05 | −267.3% | $2.3M | $135.1K | −94.2% | +21.21% |
| Jul 26, 2024 | — | −$0.42 | — | — | $797.0K | — | +1.75% |
Financial highlights
| 12 quarters | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $337.1K | $211.2K | $135.1K | $226.8K | $747.7K | $2.8M | |
| Gross profit | $333.5K | $205.2K | $101.9K | $173.7K | $20.5K | $647.3K | |
| Operating income | $170.6K | −$738.0K | −$769.3K | −$522.7K | −$594.9K | −$1.1M | |
| Net income | $159.4K | −$742.5K | −$801.0K | −$293.5K | −$592.9K | −$1.1M | |
| Diluted EPS | $0.01 | −$0.03 | −$0.03 | −$0.02 | −$0.01 | −$0.01 | |
| Gross margin | 98.9% | 97.2% | 75.4% | 76.6% | 2.7% | 22.7% | |
| Operating margin | 50.6% | -349.4% | -569.4% | -230.4% | -79.6% | -37.6% |
Balance sheet, Mar 31, 2026Cash & short-term investments $2.4M · Total debt $980.3K · Total assets $6.5M · Shareholders' equity $3.2M
Dividends
No dividends on record.
Ownership
Shares outstanding 43.50M · Float 16.76M · 38.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Ling Ngai Lok | 74.07M | 40.43% | 13D | Sep 11, 2025 |
| Firewood Group Limited | 46.66M | 29.95% | 13D | Oct 14, 2025 |
| Ling Ngai Lok · director, 10 percent owner, officer: CEO and Chairman | 23.33M | 53.64% | Form 4 | Mar 18, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Circle
Regulated stablecoin, payments, tokenized-cash, and blockchain infrastructure
- Futu (ADR)
Digital brokerage, wealth management, and licensed virtual-asset exchange
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Solowin | $2.22 | −0.45% | $97.0M | — | — | 27.0 | — |
| Circle | $86.80 | −0.38% | $23.29B | 46.4 | — | 8.0 | +6.6% |
| Futu (ADR) | $124.15 | −0.05% | $17.34B | 12.3 | 11.5 | 5.2 | +35.7% |
| Median | 29.3 | 11.5 | 6.6 | +21.1% |