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) announced H1 2025 results with 26% revenue growth (49% in constant currency), 26% gross margin growth, and net income of $0.43 million, marking strong and profitable growth across key markets.

SWVL (NASDAQ: SWVL) posted a record-breaking second quarter in H1 2022, growing total bookings 3.7x year-over-year and crossing the 100 million total bookings milestone on the back of continued platform expansion.

SWVL (NASDAQ: SWVL) reported that Egypt, Turkey, Germany, Kenya and Jordan turned Adjusted EBITDA positive or breakeven in August, with these five markets together generating 58% of the Company's H1 2022 revenues.

SWVL (NASDAQ: SWVL) announced a $20 million private placement, with the potential to receive an additional $30 million in gross proceeds should all associated warrants be exercised for cash.

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.