vs

Side-by-side financial comparison of Solowin Holdings, Ltd. (AXG) and MeiraGTx Holdings plc (MGTX). Click either name above to swap in a different company.

MeiraGTx Holdings plc is the larger business by last-quarter revenue ($410.0K vs $410.0K, roughly 1.0× Solowin Holdings, Ltd.). Solowin Holdings, Ltd. produced more free cash flow last quarter ($-1.6M vs $-12.8M).

MeiraGTx Holdings plc is a clinical-stage biotechnology firm specializing in the research, development and commercialization of transformative gene therapies. Its core pipeline targets rare ophthalmic conditions, neurodegenerative disorders, and salivary gland diseases, serving patients across global markets with operations in the U.S. and European Union.

AXG vs MGTX — Head-to-Head

More free cash flow
AXG
AXG
$11.2M more FCF
AXG
$-1.6M
$-12.8M
MGTX

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
AXG
AXG
MGTX
MGTX
Revenue
$410.0K
$410.0K
Net Profit
$-50.5M
Gross Margin
Operating Margin
-34.1%
-11232.0%
Net Margin
-12320.2%
Revenue YoY
-96.2%
Net Profit YoY
-28.4%
EPS (diluted)
$-0.62

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
MGTX
MGTX
Q3 25
$410.0K
Q2 25
$3.7M
Q4 24
$21.4M
Q3 24
$410.0K
$10.9M
Q2 24
$282.0K
Q1 24
$697.0K
Q4 23
$2.0M
Q3 23
$5.1M
Net Profit
AXG
AXG
MGTX
MGTX
Q3 25
$-50.5M
Q2 25
$-38.8M
Q4 24
$-39.4M
Q3 24
$-39.3M
Q2 24
$-48.6M
Q1 24
$-20.4M
Q4 23
Q3 23
$-44.3M
Operating Margin
AXG
AXG
MGTX
MGTX
Q3 25
-11232.0%
Q2 25
-1213.6%
Q4 24
-147.2%
Q3 24
-34.1%
-367.0%
Q2 24
-16279.8%
Q1 24
-6710.5%
Q4 23
Q3 23
-642.0%
Net Margin
AXG
AXG
MGTX
MGTX
Q3 25
-12320.2%
Q2 25
-1051.1%
Q4 24
-184.2%
Q3 24
-360.5%
Q2 24
-17241.1%
Q1 24
-2932.9%
Q4 23
Q3 23
-868.1%
EPS (diluted)
AXG
AXG
MGTX
MGTX
Q3 25
$-0.62
Q2 25
$-0.48
Q4 24
$-0.49
Q3 24
$-0.55
Q2 24
$-0.76
Q1 24
$-0.32
Q4 23
Q3 23
$-0.74

Balance Sheet & Financial Strength

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

Metric
AXG
AXG
MGTX
MGTX
Cash + ST InvestmentsLiquidity on hand
$2.5M
$14.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0M
$-40.6M
Total Assets
$13.1M
$189.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXG
AXG
MGTX
MGTX
Q3 25
$14.8M
Q2 25
$32.2M
Q4 24
$103.7M
Q3 24
$2.5M
$122.9M
Q2 24
$100.0M
Q1 24
$119.2M
Q4 23
$129.6M
Q3 23
$63.4M
Stockholders' Equity
AXG
AXG
MGTX
MGTX
Q3 25
$-40.6M
Q2 25
$3.0M
Q4 24
$67.8M
Q3 24
$6.0M
$95.7M
Q2 24
$80.0M
Q1 24
$121.7M
Q4 23
$138.2M
Q3 23
$91.9M
Total Assets
AXG
AXG
MGTX
MGTX
Q3 25
$189.5M
Q2 25
$198.7M
Q4 24
$269.8M
Q3 24
$13.1M
$299.5M
Q2 24
$266.7M
Q1 24
$309.2M
Q4 23
$326.7M
Q3 23
$267.2M

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
MGTX
MGTX
Operating Cash FlowLast quarter
$-1.6M
$-12.2M
Free Cash FlowOCF − Capex
$-1.6M
$-12.8M
FCF MarginFCF / Revenue
-392.9%
-3128.0%
Capex IntensityCapex / Revenue
4.4%
148.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-108.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXG
AXG
MGTX
MGTX
Q3 25
$-12.2M
Q2 25
$-43.9M
Q4 24
$-23.3M
Q3 24
$-1.6M
$-25.0M
Q2 24
$-19.5M
Q1 24
$-36.7M
Q4 23
$-105.4M
Q3 23
$-24.4M
Free Cash Flow
AXG
AXG
MGTX
MGTX
Q3 25
$-12.8M
Q2 25
$-45.2M
Q4 24
$-24.5M
Q3 24
$-1.6M
$-25.8M
Q2 24
$-20.8M
Q1 24
$-38.4M
Q4 23
$-125.5M
Q3 23
$-28.0M
FCF Margin
AXG
AXG
MGTX
MGTX
Q3 25
-3128.0%
Q2 25
-1224.1%
Q4 24
-114.5%
Q3 24
-392.9%
-236.0%
Q2 24
-7370.6%
Q1 24
-5512.1%
Q4 23
-6153.9%
Q3 23
-548.3%
Capex Intensity
AXG
AXG
MGTX
MGTX
Q3 25
148.8%
Q2 25
33.4%
Q4 24
5.7%
Q3 24
4.4%
6.7%
Q2 24
471.3%
Q1 24
240.7%
Q4 23
988.9%
Q3 23
69.8%

Financial Flow Comparison

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

Related Comparisons