Solowin Holdings Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	3.84	2.14	1.93	0.98	0.54
Accounts Receivable	0.21	3.55	1.58	0.45	0.36
Other Receivables	0.01	0.6	0.12	0.52	0.59
Property, Plant & Equipment	0.83	1.21	0.28	0.14	0.31
Other Intangible Assets	0.09	0.08	0.06	0.06	0.06
Investments in Debt & Equity Securities	0.37	-	-	-	-
Restricted Cash	5.02	5.11	5.59	7.1	11.7
Other Current Assets	0.58	1.39	0.51	0.05	0.06
Other Long-Term Assets	1.37	1.32	0.16	0.16	0.11
Total Assets	12.31	15.4	10.23	9.46	13.72
Accounts Payable	5.02	5.11	6.35	7.29	11.98
Accrued Expenses	0.52	0.23	0.16	0.07	0.02
Short-Term Debt	0.42	0.01	0.01	-	-
Current Portion of Leases	0.58	0.63	0.16	0.1	0.16
Other Current Liabilities	0.95	0	-	-	-
Long-Term Leases	0.08	0.44	0.1	-	0.1
Total Liabilities	7.58	6.48	6.89	7.46	12.26
Common Stock	0	0	0	0	0
Additional Paid-In Capital	19.22	14.91	4.79	4.79	3.27
Retained Earnings	-14.52	-5.98	-1.43	-2.78	-1.8
Comprehensive Income & Other	0.03	-0	-0.02	-0.01	-0
Shareholders' Equity	4.73	8.92	3.34	2	1.46
Total Liabilities & Equity	12.31	15.4	10.23	9.46	13.72
Total Debt	1.08	1.08	0.26	0.1	0.26
Net Cash (Debt)	2.76	1.06	1.67	0.88	0.28
Net Cash Growth	159.21%	-36.21%	89.76%	212.81%	-
Net Cash Per Share	0.17	0.08	0.14	0.08	0.03
Filing Date Shares Outstanding	16.48	15.98	12	12	8.08
Total Common Shares Outstanding	16.48	15.5	12	12	8.08
Working Capital	2.16	6.76	2.93	1.64	1.08
Book Value Per Share	0.29	0.58	0.28	0.17	0.18
Tangible Book Value	4.65	8.85	3.28	1.94	1.4
Tangible Book Value Per Share	0.28	0.57	0.27	0.16	0.17

Source: S&P Capital IQ. Capital Markets template. Financial Sources.