SWVL revenueFY2025$24.17M
- FY YoY
- +40.5%
- 5Y CAGR
- +10.0%
SWVL revenue was $24.17M for fiscal 2025 (ended Dec 31, 2025), up 40.5% from fiscal 2024. Compound annual growth was +10.0% over 5 years. It rose in 4 of the last 6 fiscal years.
Swvl Holdings Corp (SWVL) financials
For fiscal 2025 (ended Dec 31, 2025), Swvl Holdings Corp reported $24.17M of revenue and $1.31M of net income.
- Revenue, FY2025
- $24.17M
- Revenue growth, YoY
- +40.5%
- Net income, FY2025
- $1.31M
- Net margin
- 5.4%
- Free cash flow, FY2025
- -$2.15M
- EPS, diluted, FY2025
- $0.12
- Cash
- $4.41M
- Total debt
- $451.3K
- P/E
- 89.13
- P/S
- 4.84
- Market cap
- $117.0M
FY2019FY2025
FY2018FY2025
FY2019FY2025
SWVL revenue and earnings growth
SWVL net incomeFY2025$1.31M
SWVL net income was $1.31M for fiscal 2025 (ended Dec 31, 2025), compared with -$10.34M in fiscal 2024.
SWVL EPSFY2025$0.12
SWVL diluted EPS was $0.12 for fiscal 2025 (ended Dec 31, 2025), compared with -$1.19 in fiscal 2024.
SWVL free cash flowFY2025-$2.15M
SWVL free cash flow was -$2.15M for fiscal 2025 (ended Dec 31, 2025).
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.17M | $17.21M | $22.85M | $43.00M | $25.56M | $14.98M | $12.35M | - |
| Cost of revenue | $19.81M | $13.57M | $18.74M | $42.82M | $31.35M | $19.20M | $33.78M | - |
| Gross profit | $4.36M | $3.64M | $4.11M | $179.8K | -$5.79M | -$4.21M | $21.43M | - |
| Selling, general and admin | $6.76M | $11.13M | $9.79M | $62.71M | $69.03M | $15.62M | -$10.76M | - |
| Operating income | -$490.9K | -$8.49M | $12.79M | -$80.08M | -$88.11M | -$24.57M | $40.92M | - |
| Interest expense | $182.7K | $41.0K | $61.4K | $3.58M | $1.49M | $63.7K | $70.6K | - |
| Pre-tax income | $1.47M | -$11.07M | $13.09M | -$101.73M | -$133.81M | -$24.05M | $40.64M | - |
| Income tax | $155.1K | - | -$41.3K | -$3.23M | -$4.72M | -$3.16M | $5.38M | - |
| Net income | $1.31M | -$10.34M | $3.06M | -$116.50M | -$141.42M | -$29.73M | $35.26M | $35.26M |
| EPS, basic | $0.12 | -$1.19 | $0.45 | -$18.21 | -$20.92 | -$4.54 | $10193.40 | - |
| EPS, diluted | $0.12 | -$1.19 | $0.28 | -$18.21 | -$20.92 | -$4.54 | $10193.40 | - |
| Diluted shares | 10.8M | 8.7M | 11.0M | 11.0M | 11.0M | 6.6M | 3,459.603 | - |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.41M | $4.96M | $2.92M | $1.54M | $9.53M | $10.35M | $15.33M | $8.52M |
| Receivables | $6.26M | $4.01M | $5.33M | $14.82M | $6.60M | $2.86M | - | - |
| Current assets | - | - | - | - | $34.59M | $13.47M | - | - |
| Goodwill | - | - | - | - | $4.42M | - | - | - |
| Total assets | $20.04M | $16.37M | $21.90M | $57.46M | $59.34M | $24.76M | - | - |
| Current liabilities | - | - | - | - | $144.96M | $5.56M | - | - |
| Long-term debt | - | - | - | - | $337.5K | - | - | - |
| Total debt | $451.3K | $158.2K | - | - | $337.5K | - | - | - |
| Total liabilities | $17.10M | $17.05M | $15.98M | $54.83M | $149.08M | $6.35M | - | - |
| Shareholders' equity | $5.92M | $2.28M | $5.91M | $2.63M | -$89.74M | $18.41M | $19.24M | $6.36M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.14M | -$3.57M | -$9.11M | -$117.67M | -$62.13M | -$30.55M | -$39.99M | - |
| Capital expenditures | $10.5K | - | $17.2K | $817.6K | $319.5K | $213.0K | $388.6K | - |
| Free cash flow | -$2.15M | - | -$9.12M | -$118.49M | -$62.45M | -$30.76M | -$40.38M | - |
| Investing cash flow | $367.9K | $583.4K | $8.79M | -$8.09M | -$11.15M | -$213.0K | -$388.6K | - |
| Financing cash flow | $1.21M | $4.04M | $343.9K | $125.06M | $72.72M | $26.04M | $46.36M | - |
| Stock-based compensation | $97.4K | $56.5K | $285.7K | -$36.16M | $33.61M | $2.83M | $433.3K | - |
| Depreciation and amortization | - | $177.1K | $364.1K | $1.22M | - | - | - | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 40.5% | -24.7% | -46.9% | 68.2% | 70.6% | 21.3% | - | - |
| Net income growth, YoY | - | - | - | - | - | - | 0.0% | - |
| Gross margin | 18.0% | 21.1% | 18.0% | 0.4% | -22.6% | -28.1% | 173.5% | - |
| Operating margin | -2.0% | -49.3% | 56.0% | -186.3% | -344.7% | -164.0% | 331.3% | - |
| Net margin | 5.4% | -60.1% | 13.4% | -270.9% | -553.2% | -198.4% | 285.5% | - |
| Free cash flow margin | -8.9% | - | -39.9% | -275.6% | -244.3% | -205.3% | -326.9% | - |
| Return on equity | 22.2% | -453.0% | 51.7% | -4430.9% | - | -161.5% | 183.3% | 554.7% |
| Return on assets | 6.6% | -63.2% | 14.0% | -202.7% | -238.3% | -120.1% | - | - |
| Current ratio | - | - | - | - | 0.24 | 2.42 | - | - |
| Debt to equity | 0.08 | 0.07 | - | - | - | - | - | - |
Source: XBRL data Swvl Holdings Corp files with the SEC, latest filing dated Apr 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 5-for-63, first reported Apr 30, 2024.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
SWVL peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SWVL | $24.17M | +40.5% | $1.31M | 5.4% | $117.0M |
| V | $45.90B | +14.8% | $23.50B | 51.2% | $755.16B |
| MA | $36.29B | +15.3% | $16.96B | 46.7% | $568.62B |
| BABA | CN¥1.02T | +2.7% | CN¥103.59B | 10.1% | $265.13B |
| ACN | $74.18B | +6.5% | $8.37B | 11.3% | $174.20B |
| UBER | $56.53B | +13.9% | $3.46B | 6.1% | $140.05B |
| PDD | CN¥431.85B | +9.7% | CN¥97.84B | 22.7% | $118.18B |
| DASH | $17.06B | +35.0% | $1.06B | 6.2% | $78.33B |
| MELI | $38.52B | +47.1% | $1.89B | 4.9% | $76.55B |
SWVL FAQ
9 questionsWhat is SWVL revenue?
Swvl Holdings Corp (SWVL) reported $24.17M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 40.5% from the year before.Is SWVL profitable?
Yes. Swvl Holdings Corp earned $1.31M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 5.4%.How much cash and debt does SWVL have?
Swvl Holdings Corp reported $4.41M in cash and cash equivalents and $451.3K of debt on its most recent balance sheet in SEC filings.How fast is SWVL revenue growing?
Swvl Holdings Corp's revenue changed +40.5% in fiscal 2025, to $24.17M. Its compound annual growth rate was +10.0% over 5 years.What is SWVL gross margin?
Swvl Holdings Corp's gross profit was $4.36M on $24.17M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 18.0%.What is SWVL free cash flow?
Swvl Holdings Corp generated -$2.15M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$2.14M less capital expenditures.What is SWVL earnings per share?
Diluted earnings per share were $0.12 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did SWVL last report financial results?
The latest statements here come from Swvl Holdings Corp's 20-F filed on Apr 20, 2026, covering the period ended Dec 31, 2025.Where does this SWVL financial data come from?
Quantisnow builds these statements from the structured XBRL data Swvl Holdings Corp files with the SEC. It is provided for information only and is not investment advice.