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

Solowin Holdings, Ltd. is the larger business by last-quarter revenue ($410.0K vs $238.0K, roughly 1.7× RenovoRx, Inc.).

RenovoRx, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative targeted therapy delivery systems for cancer treatment. Its core assets include proprietary transarterial delivery platforms, with primary operations in the United States, serving unmet medical needs in the oncology care segment.

AXG vs RNXT — Head-to-Head

Bigger by revenue
AXG
AXG
1.7× larger
AXG
$410.0K
$238.0K
RNXT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AXG
AXG
RNXT
RNXT
Revenue
$410.0K
$238.0K
Net Profit
$-2.9M
Gross Margin
88.2%
Operating Margin
-34.1%
-1479.8%
Net Margin
-1235.7%
Revenue YoY
Net Profit YoY
-2.2%
EPS (diluted)
$-0.08

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
RNXT
RNXT
Q4 25
$238.0K
Q3 25
$266.0K
Q2 25
$422.0K
Q1 25
$197.0K
Q3 24
$410.0K
Q1 22
$1.0K
Net Profit
AXG
AXG
RNXT
RNXT
Q4 25
$-2.9M
Q3 25
$-2.9M
Q2 25
$-2.9M
Q1 25
$-2.4M
Q3 24
Q1 22
$-3.0M
Gross Margin
AXG
AXG
RNXT
RNXT
Q4 25
88.2%
Q3 25
80.1%
Q2 25
64.0%
Q1 25
52.3%
Q3 24
Q1 22
Operating Margin
AXG
AXG
RNXT
RNXT
Q4 25
-1479.8%
Q3 25
-1203.0%
Q2 25
-634.6%
Q1 25
-1578.7%
Q3 24
-34.1%
Q1 22
-300500.0%
Net Margin
AXG
AXG
RNXT
RNXT
Q4 25
-1235.7%
Q3 25
-1094.7%
Q2 25
-686.0%
Q1 25
-1228.4%
Q3 24
Q1 22
-300300.0%
EPS (diluted)
AXG
AXG
RNXT
RNXT
Q4 25
$-0.08
Q3 25
$-0.08
Q2 25
$-0.08
Q1 25
$-0.08
Q3 24
Q1 22

Balance Sheet & Financial Strength

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

Metric
AXG
AXG
RNXT
RNXT
Cash + ST InvestmentsLiquidity on hand
$2.5M
$7.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0M
$5.4M
Total Assets
$13.1M
$8.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXG
AXG
RNXT
RNXT
Q4 25
$7.0M
Q3 25
$10.0M
Q2 25
$12.3M
Q1 25
$14.6M
Q3 24
$2.5M
Q1 22
$13.1M
Stockholders' Equity
AXG
AXG
RNXT
RNXT
Q4 25
$5.4M
Q3 25
$8.1M
Q2 25
$10.6M
Q1 25
$13.2M
Q3 24
$6.0M
Q1 22
$12.5M
Total Assets
AXG
AXG
RNXT
RNXT
Q4 25
$8.1M
Q3 25
$11.2M
Q2 25
$13.6M
Q1 25
$16.0M
Q3 24
$13.1M
Q1 22
$13.9M

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
RNXT
RNXT
Operating Cash FlowLast quarter
$-1.6M
$-3.0M
Free Cash FlowOCF − Capex
$-1.6M
FCF MarginFCF / Revenue
-392.9%
Capex IntensityCapex / Revenue
4.4%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXG
AXG
RNXT
RNXT
Q4 25
$-3.0M
Q3 25
$-2.3M
Q2 25
$-2.3M
Q1 25
$-3.4M
Q3 24
$-1.6M
Q1 22
$-2.1M
Free Cash Flow
AXG
AXG
RNXT
RNXT
Q4 25
Q3 25
Q2 25
Q1 25
$-3.4M
Q3 24
$-1.6M
Q1 22
FCF Margin
AXG
AXG
RNXT
RNXT
Q4 25
Q3 25
Q2 25
Q1 25
-1717.3%
Q3 24
-392.9%
Q1 22
Capex Intensity
AXG
AXG
RNXT
RNXT
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
1.0%
Q3 24
4.4%
Q1 22

Financial Flow Comparison

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

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