Solowin Holdings reported its financial results for the fiscal year ended March 31, 2025, on July 3, 2025. The company's total revenue decreased by 34% to $2.82 million, down from $4.29 million in the previous fiscal year. This decline was primarily attributed to a 64% decrease in investment advisory fees, which fell to $1.02 million.
The company reported a net loss of $8.54 million for fiscal year 2025, which widened from a $4.56 million net loss in fiscal year 2024. Total expenses increased by 26% to $10.95 million, driven by higher general and administrative expenses, marketing efforts, and professional fees related to new business ventures.
Despite the overall revenue decline, the Corporate Finance Services segment demonstrated robust growth, with income increasing by 733% to $0.999 million in fiscal year 2025. The newly introduced Virtual Assets Services segment also began contributing, recognizing $15,000 in transaction income. Cash and cash equivalents increased to $3.84 million as of March 31, 2025, from $2.14 million in the prior year.
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