AXG (Solowin Holdings) Gross Margin %: -9.80% (As of Sep. 2025)


AXG Solowin Holdings Ltd AXG
12 GF Score
Price $3.26
! 7 Warning Signs
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What is Solowin Holdings Gross Margin %?

Solowin Holdings AXG 12 Gross Margin % is -9.80% as of Sep. 2025. GuruFocus rates AXG with a GF Score™ of 12/100. The stock has 7 warning signs investors should review. Among 620 Capital Markets companies, Solowin Holdings ranks worse than 91.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Solowin Holdings's Gross Profit for the six months ended in Sep. 2025 was $-0.57 Mil. Solowin Holdings's Revenue for the six months ended in Sep. 2025 was $5.85 Mil. Therefore, Solowin Holdings's Gross Margin % for the quarter that ended in Sep. 2025 was -9.80%.


The historical rank and industry rank for Solowin Holdings's Gross Margin % or its related term are showing as below:

AXG' s Gross Margin % Range Over the Past 10 Years
Min: -5.97   Med: 70.25   Max: 71.99
Current: -5.97


During the past 5 years, the highest Gross Margin % of Solowin Holdings was 71.99%. The lowest was -5.97%. And the median was 70.25%.

AXG's Gross Margin % is ranked worse than
91.45% of 620 companies
in the Capital Markets industry
Industry Median: 49.63 vs AXG: -5.97

Solowin Holdings had a gross margin of -9.80% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Solowin Holdings was 0.00% per year.


Solowin Holdings  (NAS:AXG) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Solowin Holdings had a gross margin of -9.80% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Solowin Holdings Gross Margin % Related Terms


Solowin Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Solowin Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Solowin Holdings Gross Margin % Chart

Solowin Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
70.25 28.95 71.59 71.99 5.58

Solowin Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.86 56.49 3.86 6.64 -9.80

AXG vs BTGO, BTBT, RHNO: Gross Margin % Comparison

For the Capital Markets subindustry, Solowin Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solowin Holdings Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Solowin Holdings's Gross Margin % falls into.


AXG
12GF Score
Solowin Holdings Ltd AXG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solowin Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Solowin Holdings's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=0.2 / 2.865
=(Revenue - Cost of Goods Sold) / Revenue
=(2.865 - 2.705) / 2.865
=5.58 %

Solowin Holdings's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=-0.6 / 5.848
=(Revenue - Cost of Goods Sold) / Revenue
=(5.848 - 6.421) / 5.848
=-9.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -9.80% mean?
Solowin Holdings (AXG) has a Gross Margin % of -9.80% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Solowin Holdings and its competitors. According to the industry distribution chart, Solowin Holdings ranks #567 out of 620 companies in the Capital Markets industry, placing it in the top 91.5%.
Is Solowin Holdings' Gross Margin % too high?
Solowin Holdings' current Gross Margin % is -9.80%. Based on the distribution chart, Solowin Holdings ranks #567 out of 620 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Solowin Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Solowin Holdings' Gross Margin % compare to BTGO and BTBT?
According to the Capital Markets industry distribution chart, Solowin Holdings ranks #567 out of 620 companies for Gross Margin %. This places Solowin Holdings in the lower half of its industry. The industry median Gross Margin % is 49.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Solowin Holdings and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solowin Holdings's current Gross Margin % is -9.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solowin Holdings stock overvalued right now?
Solowin Holdings (AXG) has a current Gross Margin % of -9.80%. The current Gross Margin % is -9.80%. Solowin Holdings' overall GF Score™ is 12/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Solowin Holdings (AXG), the current Gross Margin % is -9.80% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Solowin Holdings Business Description

Address 33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Solowin Holdings Ltd is an investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secure one-stop electronic platform. It is engaged in providing securities-related services, investment advisory services, and asset management services to customers. The operations were organized into four reportable segments: Corporate Finance Services, Wealth Management Services, Asset Management Services and Virtual Assets. It derives maximum revenue from Wealth Management Services.
12GF Score

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