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Side-by-side financial comparison of Solowin Holdings, Ltd. (AXG) and DT Cloud Star Acquisition Corp (DTSQ). Click either name above to swap in a different company.

DT Cloud Star Acquisition Corp is the larger business by last-quarter revenue ($452.4K vs $410.0K, roughly 1.1× Solowin Holdings, Ltd.).

DT Cloud Star Acquisition Corp is a special purpose acquisition company dedicated to pursuing business combinations with high-growth enterprises operating in cloud technology, enterprise software and digital services sectors, primarily targeting innovative players across the Asia-Pacific region.

AXG vs DTSQ — Head-to-Head

Bigger by revenue
DTSQ
DTSQ
1.1× larger
DTSQ
$452.4K
$410.0K
AXG

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AXG
AXG
DTSQ
DTSQ
Revenue
$410.0K
$452.4K
Net Profit
$288.0K
Gross Margin
Operating Margin
-34.1%
-36.4%
Net Margin
63.7%
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXG
AXG
DTSQ
DTSQ
Q4 25
$452.4K
Q3 25
$751.5K
Q2 25
$742.2K
Q1 25
$737.7K
Q3 24
$410.0K
Net Profit
AXG
AXG
DTSQ
DTSQ
Q4 25
$288.0K
Q3 25
$583.0K
Q2 25
$631.5K
Q1 25
$630.3K
Q3 24
Operating Margin
AXG
AXG
DTSQ
DTSQ
Q4 25
-36.4%
Q3 25
-22.5%
Q2 25
-15.2%
Q1 25
-15.0%
Q3 24
-34.1%
Net Margin
AXG
AXG
DTSQ
DTSQ
Q4 25
63.7%
Q3 25
77.6%
Q2 25
85.1%
Q1 25
85.4%
Q3 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXG
AXG
DTSQ
DTSQ
Cash + ST InvestmentsLiquidity on hand
$2.5M
$461
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0M
$-1.1M
Total Assets
$13.1M
$18.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXG
AXG
DTSQ
DTSQ
Q4 25
$461
Q3 25
$20.1K
Q2 25
$126.1K
Q1 25
$271.5K
Q3 24
$2.5M
Stockholders' Equity
AXG
AXG
DTSQ
DTSQ
Q4 25
$-1.1M
Q3 25
$-736.8K
Q2 25
$-568.4K
Q1 25
$-457.7K
Q3 24
$6.0M
Total Assets
AXG
AXG
DTSQ
DTSQ
Q4 25
$18.0M
Q3 25
$72.7M
Q2 25
$72.1M
Q1 25
$71.6M
Q3 24
$13.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXG
AXG
DTSQ
DTSQ
Operating Cash FlowLast quarter
$-1.6M
$-411.0K
Free Cash FlowOCF − Capex
$-1.6M
FCF MarginFCF / Revenue
-392.9%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-1.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXG
AXG
DTSQ
DTSQ
Q4 25
$-411.0K
Q3 25
$-105.9K
Q2 25
$-145.5K
Q1 25
$-139.9K
Q3 24
$-1.6M
Free Cash Flow
AXG
AXG
DTSQ
DTSQ
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
$-1.6M
FCF Margin
AXG
AXG
DTSQ
DTSQ
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
-392.9%
Capex Intensity
AXG
AXG
DTSQ
DTSQ
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
4.4%
Cash Conversion
AXG
AXG
DTSQ
DTSQ
Q4 25
-1.43×
Q3 25
-0.18×
Q2 25
-0.23×
Q1 25
-0.22×
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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