vs
Side-by-side financial comparison of Solowin Holdings, Ltd. (AXG) and Quantum-Si Inc (QSI). Click either name above to swap in a different company.
Quantum-Si Inc is the larger business by last-quarter revenue ($451.0K vs $410.0K, roughly 1.1× Solowin Holdings, Ltd.). Solowin Holdings, Ltd. produced more free cash flow last quarter ($-1.6M vs $-16.4M).
Silicon Quantum Computing Pty Ltd (SQC) is a Sydney, Australia-based quantum computing company.
AXG vs QSI — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $410.0K | $451.0K |
| Net Profit | — | $-17.6M |
| Gross Margin | — | 27.1% |
| Operating Margin | -34.1% | -4677.2% |
| Net Margin | — | -3904.9% |
| Revenue YoY | — | -62.2% |
| Net Profit YoY | — | 46.8% |
| EPS (diluted) | — | $-0.07 |
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.
| Q4 25 | — | $451.0K | ||
| Q3 25 | — | $552.0K | ||
| Q2 25 | — | $591.0K | ||
| Q1 25 | — | $842.0K | ||
| Q4 24 | — | $1.2M | ||
| Q3 24 | $410.0K | $787.0K | ||
| Q2 24 | — | $622.0K | ||
| Q1 24 | — | $457.0K |
| Q4 25 | — | $-17.6M | ||
| Q3 25 | — | $-35.7M | ||
| Q2 25 | — | $-28.8M | ||
| Q1 25 | — | $-19.2M | ||
| Q4 24 | — | $-33.1M | ||
| Q3 24 | — | $-25.3M | ||
| Q2 24 | — | $-23.1M | ||
| Q1 24 | — | $-19.5M |
| Q4 25 | — | 27.1% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 59.4% | ||
| Q1 25 | — | 57.7% | ||
| Q4 24 | — | 51.2% | ||
| Q3 24 | — | 46.6% | ||
| Q2 24 | — | 56.9% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | — | -4677.2% | ||
| Q3 25 | — | -7205.3% | ||
| Q2 25 | — | -5096.4% | ||
| Q1 25 | — | -2982.4% | ||
| Q4 24 | — | -2573.6% | ||
| Q3 24 | -34.1% | -3569.0% | ||
| Q2 24 | — | -4252.6% | ||
| Q1 24 | — | -5111.6% |
| Q4 25 | — | -3904.9% | ||
| Q3 25 | — | -6467.9% | ||
| Q2 25 | — | -4879.2% | ||
| Q1 25 | — | -2279.0% | ||
| Q4 24 | — | -2778.6% | ||
| Q3 24 | — | -3216.4% | ||
| Q2 24 | — | -3713.7% | ||
| Q1 24 | — | -4261.3% |
| Q4 25 | — | $-0.07 | ||
| Q3 25 | — | $-0.17 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | — | $-0.23 | ||
| Q3 24 | — | $-0.18 | ||
| Q2 24 | — | $-0.16 | ||
| Q1 24 | — | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.5M | $21.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $6.0M | $220.2M |
| Total Assets | $13.1M | $245.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $21.6M | ||
| Q3 25 | — | $30.9M | ||
| Q2 25 | — | $22.2M | ||
| Q1 25 | — | $37.3M | ||
| Q4 24 | — | $49.2M | ||
| Q3 24 | $2.5M | $42.3M | ||
| Q2 24 | — | $59.6M | ||
| Q1 24 | — | $53.2M |
| Q4 25 | — | $220.2M | ||
| Q3 25 | — | $235.2M | ||
| Q2 25 | — | $221.0M | ||
| Q1 25 | — | $246.9M | ||
| Q4 24 | — | $215.4M | ||
| Q3 24 | $6.0M | $210.5M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $253.8M |
| Q4 25 | — | $245.6M | ||
| Q3 25 | — | $260.1M | ||
| Q2 25 | — | $254.4M | ||
| Q1 25 | — | $271.2M | ||
| Q4 24 | — | $247.9M | ||
| Q3 24 | $13.1M | $236.5M | ||
| Q2 24 | — | $256.7M | ||
| Q1 24 | — | $275.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.6M | $-16.3M |
| Free Cash FlowOCF − Capex | $-1.6M | $-16.4M |
| FCF MarginFCF / Revenue | -392.9% | -3628.4% |
| Capex IntensityCapex / Revenue | 4.4% | 3.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-97.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-16.3M | ||
| Q3 25 | — | $-32.0M | ||
| Q2 25 | — | $-20.2M | ||
| Q1 25 | — | $-26.2M | ||
| Q4 24 | — | $-22.9M | ||
| Q3 24 | $-1.6M | $-23.2M | ||
| Q2 24 | — | $-18.6M | ||
| Q1 24 | — | $-23.2M |
| Q4 25 | — | $-16.4M | ||
| Q3 25 | — | $-32.9M | ||
| Q2 25 | — | $-20.5M | ||
| Q1 25 | — | $-27.5M | ||
| Q4 24 | — | $-24.3M | ||
| Q3 24 | $-1.6M | $-24.1M | ||
| Q2 24 | — | $-19.7M | ||
| Q1 24 | — | $-24.3M |
| Q4 25 | — | -3628.4% | ||
| Q3 25 | — | -5963.6% | ||
| Q2 25 | — | -3472.8% | ||
| Q1 25 | — | -3261.4% | ||
| Q4 24 | — | -2039.9% | ||
| Q3 24 | -392.9% | -3065.8% | ||
| Q2 24 | — | -3164.0% | ||
| Q1 24 | — | -5307.2% |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 163.0% | ||
| Q2 25 | — | 55.3% | ||
| Q1 25 | — | 155.2% | ||
| Q4 24 | — | 120.4% | ||
| Q3 24 | 4.4% | 123.9% | ||
| Q2 24 | — | 181.2% | ||
| Q1 24 | — | 228.9% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
