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Solowin Holdings ( (SWIN) ) has issued an update.
Solowin Holdings has released its interim condensed consolidated financial statements for the six months ending September 30, 2024, revealing significant changes in its financial standing. The company’s total assets decreased from $15,401,000 in March 2024 to $13,112,000 in September 2024, while its total liabilities increased from $6,477,000 to $7,100,000 during the same period. Revenues also saw a decline from $2,640,000 in 2023 to $1,055,000 in 2024, with a notable drop in investment advisory fees and referral income, impacting the company’s overall financial performance.
More about Solowin Holdings
YTD Price Performance: -51.84%
Average Trading Volume: 145,401
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.01M
For a thorough assessment of SWIN stock, go to TipRanks’ Stock Analysis page.
