Solowin Holdings Reports Tenfold FY2026 Revenue Growth to $27M–$29M
Solowin Holdings preliminary FY2026 revenue surged tenfold to $27M–$29M, while net loss widened to $11M–$13M due to heavy investments in technology and compliance. Cash and equivalents rose to $14M–$16M, supported by $18M–$20M in financing inflows despite $12M–$14M used in operations.
1. Preliminary FY2026 Results
For the fiscal year ended March 31, 2026, Solowin's preliminary unaudited results show revenue of $27M to $29M, reflecting nearly tenfold growth year over year, and a net loss of $11M to $13M driven by continued investment in technology, compliance, and global expansion.
2. Cash Flow and Financing
As of March 31, 2026, cash and cash equivalents increased to $14M–$16M. Operating activities used $12M–$14M, primarily due to higher customer receivables, while investing activities provided $1M–$3M and financing activities generated $18M–$20M from capital injections.
3. Strategic Growth Drivers
The company’s dual-token strategy—focused on Digital Asset Tokens and AI Tokens—drove expansion in digital asset tokenization, stablecoin infrastructure, and AI-powered services, strengthening its position as an institutional-grade digital finance platform in Hong Kong, Bahrain, and other markets.
4. Audit Filing Plans
These preliminary figures remain subject to year-end closing and audit, with Solowin expecting to file its audited FY2026 financial results on Form 20-F with the SEC in July 2026.