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

ScanTech AI Systems Inc. is the larger business by last-quarter revenue ($631.0K vs $410.0K, roughly 1.5× Solowin Holdings, Ltd.).

AXG vs STAI — Head-to-Head

Bigger by revenue
STAI
STAI
1.5× larger
STAI
$631.0K
$410.0K
AXG

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
AXG
AXG
STAI
STAI
Revenue
$410.0K
$631.0K
Net Profit
$-9.7M
Gross Margin
27.6%
Operating Margin
-34.1%
-773.2%
Net Margin
-1532.9%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.16

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
STAI
STAI
Q3 25
$631.0K
Q2 25
$884.0K
Q1 25
$346.1K
Q3 24
$410.0K
Net Profit
AXG
AXG
STAI
STAI
Q3 25
$-9.7M
Q2 25
$-6.9M
Q1 25
$-17.9M
Q3 24
Gross Margin
AXG
AXG
STAI
STAI
Q3 25
27.6%
Q2 25
14.3%
Q1 25
29.4%
Q3 24
Operating Margin
AXG
AXG
STAI
STAI
Q3 25
-773.2%
Q2 25
-440.1%
Q1 25
-4503.9%
Q3 24
-34.1%
Net Margin
AXG
AXG
STAI
STAI
Q3 25
-1532.9%
Q2 25
-785.1%
Q1 25
-5174.2%
Q3 24
EPS (diluted)
AXG
AXG
STAI
STAI
Q3 25
$-0.16
Q2 25
$-0.16
Q1 25
$-0.77
Q3 24

Balance Sheet & Financial Strength

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

Metric
AXG
AXG
STAI
STAI
Cash + ST InvestmentsLiquidity on hand
$2.5M
Total DebtLower is stronger
$17.7M
Stockholders' EquityBook value
$6.0M
Total Assets
$13.1M
$5.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXG
AXG
STAI
STAI
Q3 25
Q2 25
Q1 25
Q3 24
$2.5M
Total Debt
AXG
AXG
STAI
STAI
Q3 25
$17.7M
Q2 25
$17.7M
Q1 25
$17.7M
Q3 24
Stockholders' Equity
AXG
AXG
STAI
STAI
Q3 25
Q2 25
Q1 25
Q3 24
$6.0M
Total Assets
AXG
AXG
STAI
STAI
Q3 25
$5.1M
Q2 25
$4.6M
Q1 25
$5.1M
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
STAI
STAI
Operating Cash FlowLast quarter
$-1.6M
$-758.5K
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
STAI
STAI
Q3 25
$-758.5K
Q2 25
$-1.5M
Q1 25
$-2.2M
Q3 24
$-1.6M
Free Cash Flow
AXG
AXG
STAI
STAI
Q3 25
Q2 25
$-1.5M
Q1 25
$-2.2M
Q3 24
$-1.6M
FCF Margin
AXG
AXG
STAI
STAI
Q3 25
Q2 25
-166.0%
Q1 25
-623.8%
Q3 24
-392.9%
Capex Intensity
AXG
AXG
STAI
STAI
Q3 25
0.0%
Q2 25
1.0%
Q1 25
2.0%
Q3 24
4.4%

Financial Flow Comparison

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

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