Solowin Holdings Ltd - Understand $SWIN stock

$SWIN Market Cap: $37.36 Million

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Financial Snapshot

Revenue

$8.259M

TTM

Gross Margin

Net Earnings

$2.397M

TTM

Current Assets

$12.80M

Q1 2024

Current Liabilities

$6.038M

Q1 2024

Current Ratio

211.91%

Q1 2024

Total Assets

$15.40M

Q1 2024

Total Liabilities

$6.477M

Q1 2024

Book Value

$8.924M

Q1 2024

Cash

$2.140M

Q1 2024

P/E

15.58

Sep 06, 2024 EST

Free Cash Flow

-$2.844M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021
Revenue	$4.291M	$4.450M	$3.260M	$1.180M
YoY Change	-3.57%	36.5%	176.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021
Revenue	$4.291M	$4.450M	$3.260M	$1.180M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021
Selling, General & Admin	$2.779M	$3.170M	$4.200M	$1.570M
YoY Change	-12.33%	-24.52%	167.52%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$23.00K	$20.00K	$20.00K	$10.00K
YoY Change	15.0%	0.0%	100.0%
% of Gross Profit
Operating Expenses	$8.724M	$3.170M	$4.200M	$1.560M
YoY Change	175.21%	-24.52%	169.23%
Operating Profit	$3.000K	$61.00K	$196.0K
YoY Change	-95.08%	-68.88%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021
Interest Expense		$10.00K	-$210.0K	-$320.0K
YoY Change		-104.76%	-34.38%
% of Operating Profit		16.39%	-107.14%
Other Income/Expense, Net	$32.00K	$50.00K	$180.0K	$60.00K
YoY Change	-36.0%	-72.22%	200.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021
Pretax Income	-$4.401M	$1.350M	-$980.0K	-$650.0K
YoY Change	-426.0%	-237.76%	50.77%
Income Tax	$155.0K
% Of Pretax Income
Net Earnings	-$4.556M	$1.350M	-$980.0K	-$650.0K
YoY Change	-437.48%	-237.76%	50.77%
Net Earnings / Revenue	-106.18%	30.34%	-30.06%	-55.08%
Basic Earnings Per Share	-$0.33	$0.11	-$0.09
Diluted Earnings Per Share	-$0.33	$0.10	-$0.07	-$0.05

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021
Cash & Short-Term Investments	$7.510M	$8.070M	$12.24M
YoY Change	-6.94%	-34.07%
Cash & Equivalents	$1.930M	$980.0K	$540.0K
Short-Term Investments
Other Short-Term Assets	$510.0K	$50.00K	$60.00K
YoY Change	920.0%	-16.67%
Inventory
Prepaid Expenses
Receivables	$90.00K	$80.00K	$20.00K
Other Receivables	$1.610M	$890.0K	$930.0K
Total Short-Term Assets	$9.720M	$9.100M	$13.24M
YoY Change	6.81%	-31.27%
Property, Plant & Equipment	$280.0K	$140.0K	$310.0K
YoY Change	100.0%	-54.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$160.0K	$160.0K	$110.0K
YoY Change	0.0%	45.45%
Total Long-Term Assets	$510.0K	$360.0K	$480.0K
YoY Change	41.67%	-25.0%
Total Assets	$10.23M	$9.460M	$13.72M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$320.0K	$170.0K	$180.0K
YoY Change	88.24%	-5.56%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$6.790M	$7.460M	$12.16M
YoY Change	-8.98%	-38.65%
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$100.0K	$0.00	$100.0K
YoY Change		-100.0%
Total Long-Term Liabilities	$100.0K	$0.00	$100.0K
YoY Change		-100.0%
Total Liabilities	$6.890M	$7.460M	$12.26M
YoY Change	-7.64%	-39.15%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022
Basic Shares Outstanding	13.72M shares	12.00M shares	10.36M shares
Diluted Shares Outstanding	13.72M shares	12.00M shares	10.36M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $37.355 Million

About Solowin Holdings Ltd

Solowin Holdings engages in the provision of securities brokerage solutions through its subsidiary. The company employs 16 full-time employees The company went IPO on 2023-09-06. The firm is engaged in the provision of securities brokerage commissions and handling services, investment advisory services and other services. In addition, the Company is engaged in the provision of asset management services and other services.

Industry: Security Brokers, Dealers & Flotation Companies Peers: TOP Financial Group Ltd