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NASDAQ · SERVICES-BUSINESS SERVICES, NEC · SMALL CAP

Swvl Holdings Corp. SWVL

7 fiscal years on record · USD · FY2024 reported · SEC filings only
$17.2M
▼ 24.7% YoY
$-10.3M
▼ 438.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We currently operate in Egypt, KSA, UAE, U.K. and Kuwait, with our employees working out of these countries in addition to Pakistan and India. Our business was founded on February 8, 2017 by Mostafa Kandil, our Chief Executive Officer, Mahmoud Nouh and Ahmed Sabbah. We launched our first commuter services in Cairo, Egypt in March 2017, before expanding to Alexandria, Egypt the same year. In October 2024, we launched our regional headquarters in Riyadh, Saudi Arabia. In June 2025 we expanded our operations into the UK and in January 2026 we launched operations in Kuwait.

Written from the business description in Swvl Holdings Corp's annual report to the U.S. Securities and Exchange Commission, filed 20 April 2026. Every sentence was checked against that document before publication.

Growth

USD 17.2M
Revenue, FY2024 · full 7-year series below
Revenue $M Net income $M
FY2024 · Revenue 17.2 · Net income -10.3
20M40M-50M-100M
201820212024
Compound annual growth
−12.4%
+6.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.9% a year over the five years to FY2024.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−60 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -49.3% · Net -59.7%
100%200%300%-200%-400%
201820212024
ROE
FY2024 · ROE -184.0%
200%400%-50%-100%-150%
201820212024
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity lost 184 cents this year.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -9.1
-50M-100M
201820212024

Total assetsUSD 16.4M
EquityUSD 2.3M
CashUSD 5.0M
Gross debtUSD 158,203.00
Net debtUSD -4.8M

The company holds more cash than debt.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
SWVL, 7-year financial record
Metric 2024202320222021202020192018
Revenue $B0.00.00.00.00.00.0◌
Operating income $B−0.00.0−0.1−0.1−0.00.0◌
EBITDA $B◌◌◌◌◌◌◌
Income tax $B◌−0.0−0.0−0.0−0.00.0◌
Net income $B−0.00.0−0.1−0.1−0.00.00.0
Free cash flow $B◌−0.0−0.1−0.1−0.0−0.0◌
EPS, diluted $−1.190.28−18.21−20.92−0.36809.00◌
Dividend / sh $◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————
ROE %−184.038.8——−157.9275.5554.7
Shares out B0.010.010.14◌0.000.00◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 7 of the 7 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 12 checks were skipped: EPS is not tagged before 2019. 12 checks were skipped: revenue is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Business Services, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code D8
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2018

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