Solowin Holdings (AXG) Payables (2023 - 2026)
Solowin Holdings' (AXG) quarterly Payables came in at $2.8 million in Q1 2026, down 43.51% on a YoY basis from $5.0 million in Q1 2025, and down 57.54% quarter-over-quarter from $6.7 million in Q3 2025.
Analysis
Solowin Holdings (AXG) Payables (2023 - 2026) Analysis & Trends
Solowin Holdings (AXG) has reported Payables for 4 consecutive years, with $2.8 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Payables fell 43.51% year-over-year to $2.8 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 million (down 43.51% YoY), and the FY2026 full-year result was $2.8 million, down 43.51% from the prior year.
- Payables fell to $2.8 million in Q1 2026 per AXG's latest filing, from $6.7 million in the prior quarter.
- Across five years, Payables topped out at $6.7 million in Q3 2025 and bottomed at $2.8 million in Q1 2026.
- Historically, Payables has averaged $5.3 million across 4 years, with a median of $5.5 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Payables advanced 14.18% in 2025, then plunged 43.51% in 2026.
- Over 4 years, Payables stood at $5.5 million in 2023, then grew by 6.32% to $5.9 million in 2024, then advanced by 14.18% to $6.7 million in 2025, then sank by 57.54% to $2.8 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $2.8 million, $6.7 million, and $5.0 million for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 646.00 Mn |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 832.00 Mn |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 812.16 Mn |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 670.04 Mn |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 2.36 Bn |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 159.64 Mn |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 97.61 Mn |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 3.04 Mn |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | 2.84 Mn |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | 8,568.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.84 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Sep 30, 2024 | 5.85 Mn |
| Mar 31, 2024 | 5.11 Mn |
| Sep 30, 2023 | 5.50 Mn |
| Mar 31, 2023 | 6.35 Mn |