Powering the Future of Enterprise Mobility.
.webp)
Corporate Governance
.webp)
.webp)
.webp)
.webp)
.webp)
.webp)
Newsroom
SWVL (NASDAQ: SWVL) grew H1 2026 revenue 59% year-over-year to $16.2 million, led by 107% growth in the GCC ($7.1M) and 35% growth in Egypt ($9.1M). Recurring revenue reached 88% of total, dollar-pegged revenue rose to 44%, net dollar retention stood at 123%, and operating expenses fell to 25% of revenue from 29%.
Swvl (NASDAQ: SWVL) launched a 24/7 shuttle service across seven hotels in Madinah, Kingdom of Saudi Arabia, connecting guests to Al-Masjid an-Nabawi and the city's most visited sites, marking the Company's entry into the pilgrimage transport segment and deepening its presence in the KSA, one of its most strategic growth markets.
SWVL (NASDAQ: SWVL) signed a new contract with Bank Albilad, one of Saudi Arabia’s leading banks, extending its enterprise mobility platform into the Kingdom’s banking sector. The contract adds to a series of multi-year GCC contract wins across Kuwait, the UAE and Saudi Arabia.
SWVL (NASDAQ: SWVL) signed a new contract with Bank Albilad, one of Saudi Arabia’s leading banks, extending its enterprise mobility platform into the Kingdom’s banking sector. The contract adds to a series of multi-year GCC contract wins across Kuwait, the UAE and Saudi Arabia.
SWVL (NASDAQ: SWVL) entered into a definitive agreement with Sofico Holdings Limited to purchase $1.5 million of ordinary shares at $1.46 per share, upsizing the Company's strategic investment round — together with the placement announced August 25, 2026 — to approximately $14.5 million.
SWVL (NASDAQ: SWVL) entered into a definitive agreement for a $13 million strategic investment priced at-the-market under Nasdaq rules, led by Coefficient LP and backed by the Sawiris family, to anchor its next phase of growth and U.S. expansion.
SWVL (NASDAQ: SWVL) regained compliance with Nasdaq's continued listing requirements, meeting the minimum stockholders' equity and net income thresholds based on its FY 2025 results, resolving the Company's prior compliance issues and securing its continued listing.
SWVL (NASDAQ: SWVL) delivered a financial turnaround in FY 2025, with revenue up 41% to $24.2 million and net income of $1.3 million, driven by enterprise growth and cost discipline. Operating losses narrowed 94%, recurring revenue reached 84%, and the Company enters 2026 with a $38.2 million backlog.
SWVL (NASDAQ: SWVL) welcomed UK Labour Party Leader Keir Starmer and Shadow Foreign Secretary David Lammy to door2door, its Berlin-based transit-tech subsidiary, underscoring the role of innovative mobility companies in building a greener transportation ecosystem.
SWVL (NASDAQ: SWVL) entered into a definitive agreement for a business combination with Queen's Gambit Growth Capital, taking the Company public on Nasdaq as Swvl Holdings Corp with gross proceeds of up to approximately $445 million, including a $100 million PIPE anchored by Agility and Zain.
SWVL (NASDAQ: SWVL) saw its founders, SPAC sponsor and certain pre-business combination investors voluntarily extend their lock-up agreements, covering approximately 84% of total outstanding shares and reinforcing their long-term commitment to the Company.
SWVL (NASDAQ: SWVL) is collaborating with Saudi Awwal Bank (SAB Bank) to launch last-mile shuttle operations in Riyadh, connecting SAB employees to metro stations via virtual-stop technology, following the phased launch of the six-line, 176-kilometer Riyadh Metro on December 1, 2024.
SWVL (NASDAQ: SWVL) will host its First Half 2022 earnings call on September 1st, with the conference webcast simultaneously and in its entirety through the Swvl Investor Relations website, open to shareholders, media and other participants.
SWVL (NASDAQ: SWVL) acquired a controlling interest in Viapool, expanding into Argentina and Chile and launching its marketplace in Latin America following its SaaS entry into Brazil via the Shotl transaction, adding compelling upside to the Company's business plan.
SWVL (NASDAQ: SWVL) beat estimates for the second consecutive quarter in Q4 2021 and again in early Q1 2022, posting an average ticket fare of $1.68 for the quarter and $1.70 for full-year 2021, up 9% year-over-year.
SWVL (NASDAQ: SWVL) partnered with Moove to roll out electric buses across its network, advancing efforts to cut emissions through vehicle sharing while giving mobility entrepreneurs the opportunity to own their vehicles and maximize their earnings.
SWVL (NASDAQ: SWVL) and Bank AlJazira surpassed 100,000 bookings since the start of 2025 in Saudi Arabia, as the partnership continues to transform employee transportation with smarter, more sustainable mobility solutions and improve daily commuting across the Kingdom.
SWVL (NASDAQ: SWVL) upsized its PIPE to over $120 million, adding new flagship investors including the European Bank for Reconstruction and Development and Teklas Ventures, in connection with its business combination with Queen's Gambit Growth Capital.
SWVL (NASDAQ: SWVL) unveiled its "Right to Mobility" ESG strategy and new sustainability initiatives, highlighting mobility solutions that have saved 245 million pounds of CO2 emissions, reduced approximately 14.4 million person-hours of congestion, and generated income for approximately 17,000 micro-entrepreneurs.
SWVL (NASDAQ: SWVL) enhanced its Board of Directors with the appointment of Victoria Grace, Lone Fønss Schrøder and Esther Dyson, bringing extensive financial, technology and automotive experience and reflecting the diversity of the Company's stakeholder base and its ESG-driven mission.
SWVL (NASDAQ: SWVL) strengthened its senior leadership team with the appointments of Juan Batiz, Enrique Gonzalez and Leandro Aliseda as Global Head of Policy, Global Head of Legal and Head of LatAm Public Sector, bringing over 20 years of combined experience in public policy, law and mobility.
Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a leader in technology-driven mobility solutions for enterprises and governments, announces that it has entered into a three-year contract with almajal G4S (“G4S”),
SWVL (NASDAQ: SWVL) announced the successful sale of its subsidiary Urbvan Mobility Ltd. to Kolors Inc., a leading transport provider in Latin America, for aggregate gross proceeds of $12 million, with proceeds to support enhanced strategic expansion.
SWVL (NASDAQ: SWVL) secured a new three-year healthcare mobility contract in Saudi Arabia worth up to $1.5 million, marking a key step in its GCC expansion and enhancing how patients, medical staff and equipment move through its technology platform.
SWVL (NASDAQ: SWVL) secured a new five-year contract worth up to $5.5 million in the UAE, its fastest-growing market after roughly 5x growth in 2025, supporting the Company's strategy to expand long-term enterprise partnerships and deliver technology-driven mobility solutions at scale.
SWVL (NASDAQ: SWVL) secured a sustainable credit facility with HSBC Bank to finance the expansion of its pipeline of client contracts, with the collaboration extending to management of consolidated banking operations across its markets to streamline financial processes and improve cash flow management.
SWVL (NASDAQ: SWVL) closed a five-year contract with telecom giant e& Egypt worth up to $6.3 million, marking a milestone in strengthening its footprint in the Egyptian market and solidifying its position as a leader in the mobility industry.
SWVL (NASDAQ: SWVL) secured a three-year contract worth up to $4 million with a large enterprise in essential services, which it expects will exceed $5.2 million by contract expiry, extending a longstanding relationship to a total of six years with this renewal.
SWVL (NASDAQ: SWVL) signed multiple new contracts in Saudi Arabia during the third quarter of 2024, contributing $2.6 million in incremental annual contract value — equal to roughly 10% of its full-year 2023 revenue — as gross profit in the Kingdom grew six-fold versus Q1 2023.
SWVL (NASDAQ: SWVL) received a letter from The Nasdaq Stock Market LLC indicating that the Company was not in compliance with Nasdaq Rule 5450(a)(1), as its closing bid price for its Class A ordinary shares was below $1.00 per share for the last 30 consecutive business days.
SWVL (NASDAQ: SWVL) reported positive operating cash flow and net profit for the first half of 2023, with net profit of $2.1 million and gross profit of $1.8 million, compared to a net loss of $161.6 million and gross loss of $2.7 million in H1 2022.
SWVL (NASDAQ: SWVL) achieved continued profitability in Q3 2025, with revenue growing 46% quarter-over-quarter and net profit of $0.2 million, as the Company continued scaling its enterprise mobility platform and expanding across core markets.
SWVL (NASDAQ: SWVL) received a letter from The Nasdaq Stock Market LLC confirming it had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1), closing the matter of previous non-compliance.
SWVL (NASDAQ: SWVL) regained compliance with Nasdaq's audit committee requirements under Listing Rule 5605(c)(2), following the appointments of Ayman Ismail on May 17, 2023 and Esther Dyson on June 13, 2023, restoring the Audit Committee to three independent members
SWVL (NASDAQ: SWVL) delivered net profit of $3.1 million and a 13% net margin for fiscal year 2023, with gross profit growing more than eightfold, marking the Company's successful delivery of positive net profit and cash flow for the full year.
SWVL (NASDAQ: SWVL) received written notice from Nasdaq that, following the resignations of W. Steve Albrecht and Gbenga Oyebode from its Board of Directors and Audit Committee, the Company no longer complied with Nasdaq's audit committee requirements under Listing Rule 5605.
SWVL (NASDAQ: SWVL) received written notice from Nasdaq that it was not in compliance with Listing Rule 5450(b)(2)(A), which requires companies on the Nasdaq Global Market to maintain a minimum market value of listed securities of $50 million.
SWVL (NASDAQ: SWVL) received written notice from Nasdaq that, having not timely filed its Annual Report on Form 20-F for fiscal year 2022, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all periodic financial reports with the SEC
SWVL (NASDAQ: SWVL) partnered with Paynas to give its captains access to integrated financial services, including earned-wage payouts, buy-now-pay-later and insurance, enhancing financial inclusion for a traditionally under-resourced workforce.
SWVL (NASDAQ: SWVL) announced that door2door, its Germany-based mobility platform, launched a new concept of fully electric on-demand shuttles that transported 2,500 media representatives to and from the G7 Summit hosted in Elmau, German
SWVL (NASDAQ: SWVL) confirmed that Nasdaq accepted the Company's plan to regain compliance for its delayed Annual Report on Form 20-F for fiscal year 2022, granting an exception to file by October 30, 2023.
SWVL (NASDAQ: SWVL) launched its regional headquarters in Riyadh as part of its GCC growth strategy, joining Saudi Arabia's Regional Headquarters (RHQ) Program in alignment with the Kingdom's Vision 2030 goals to diversify the economy and boost foreign investment.
SWVL (NASDAQ: SWVL) launched operations in Kuwait, secured by a $2.2 million multi-year enterprise contract, marking a key step in its GCC expansion strategy and its focus on high-margin, long-term corporate mobility partnerships across the region.
SWVL (NASDAQ: SWVL) launched operations in Kuwait, secured by a $2.2 million multi-year enterprise contract, marking a key step in its GCC expansion strategy and its focus on high-margin, long-term corporate mobility partnerships across the region.
SWVL (NASDAQ: SWVL) strengthened its technology leadership with the appointments of Nami Mufti, Uriel Jaroslawski, Andrii Dzynia and Martijn Pieters as Heads of Security, B2C, B2B and Site Reliability Engineering, bringing a combined 85-plus years of experience across cyber risk, software development and product engineering.
SWVL (NASDAQ: SWVL) expanded into Mexico through the acquisition of Urbvan, growing revenue from its highest-margin TaaS and SaaS operations to over $7 million per month across more than 500 contracts in 20-plus countries, supporting its path to cash flow positive in 2023
SWVL (NASDAQ: SWVL) acquired Shotl, accelerating the Company's entry into Europe a full year ahead of schedule and more than doubling its footprint with 10 additional countries across Europe, APAC and LatAm, while leveraging Shotl's strong B2G and OEM relationships.
SWVL (NASDAQ: SWVL) expanded into Central Europe with the acquisition of door2door, Germany's largest privately owned mass transit SaaS platform, holding a 24% domestic market share, over 70 deployments across 10 European countries and an approximately $7 million pipeline.
SWVL (NASDAQ: SWVL) appointed W. Steve Albrecht, former President of the American Accounting Association, the Association of Certified Fraud Examiners, the Financial Accounting Foundation and COSO, as an independent director and Chair of the Audit Committee.
SWVL (NASDAQ: SWVL) expanded its footprint to 115 cities across 18 countries, with new growth across Europe, Latin America, Asia and Africa providing significant upside to the Company's current business plan and financial projections.
SWVL (NASDAQ: SWVL) completed pre-funding of $35.5 million from strategic and financial investors, including Agility and Chimera Abu Dhabi, as part of an upsized $100 million PIPE raised in connection with the Company's proposed business combination with Queen's Gambit Growth Capital.
SWVL (NASDAQ: SWVL) completed its business combination with Queen's Gambit Growth Capital, with its ordinary shares and warrants expected to begin trading on Nasdaq under the symbols "SWVL" and "SWVLW," respectively.
SWVL (NASDAQ: SWVL) committed a $15 million initial foreign direct investment in Argentina, expected to generate thousands of jobs and self-employment opportunities over the next three-plus years while further developing the Company's R&D capabilities
SWVL (NASDAQ: SWVL) appointed Ayman Ismail Mohamed Ahmed to its Board of Directors as an independent member and Chairperson of the Audit Committee, adding over 30 years of multinational leadership experience, including his role as President, North Africa and Chairman & CEO at Pepsi.
SWVL (NASDAQ: SWVL) entered into a definitive agreement with certain investors, including several members of its Board of Directors, to purchase $4.7 million of ordinary shares in a private placement priced at $4.79 per share — its closing price on November 15, 2024 — to accelerate expansion in high-value markets.
SWVL (NASDAQ: SWVL) received initiation of equity research coverage from Robert W. Baird, with analyst Ben Kallo issuing an "Outperform" rating and a price target of $8, marking a new step in the Company's capital markets visibility.
SWVL (NASDAQ: SWVL) received initiation of equity research coverage from Alliance Global and Barclays, with "Buy" and "Equal Weight" ratings and price targets of $5 and $1.5 respectively, following Baird's earlier "Outperform" initiation and $8 price target.
SWVL (NASDAQ: SWVL) entered into a strategic SaaS partnership with City Group Co. KSCP, Kuwait's leading mass transit operator and warehousing services provider, extending the Company's software platform to a new key partner in the region.
SWVL (NASDAQ: SWVL) delivered 3.6x quarter-over-quarter growth, 83% utilization and 500,000 active users in Q3 2021, with its most mature market reaching 92% utilization and 31% gross margin, and raised FY2022 growth guidance by approximately 10% to $155 million.
SWVL (NASDAQ: SWVL) and Queen's Gambit Growth Capital announced the effectiveness of their F-4 registration statement, with a shareholder meeting to approve the proposed business combination scheduled for March 30, 2022, and the combined company's Class A ordinary shares and warrants expected to list on Nasdaq under "SWVL" and "SWVLW" upon closing.
SWVL (NASDAQ: SWVL) partnered with Concordium to bring blockchain technology into its mass transit platform, aiming to enhance the customer experience and reshape the global mass transit paradigm as the Company continues to grow through partnerships with industry leaders.
.webp)
.webp)
.webp)

.webp)
.webp)
.webp)
