Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025 |
Revenue growth of 12.4%, and 47% in constant currency for Q1 2025 over Q1 2024 Achieved $0.8 million in Net Profit in Q1 2025 Dollar pegged revenue increased to 34.7% of total revenue for Q1 2025, a 118% increase over Q1 2024 and recurring revenue reached an all-time high of 86% of total revenue Record high for Swvl's revenue in the Kingdom of Saudi Arabia, representing a 100% increase in quarter on quarter (QoQ) revenue and 97% increase in QoQ gross margin DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced its financial results for the first quarter of 2025, marking a pivotal combination of growth and profitability. The Company reported a 12.4% QoQ increase in revenue, from $4.37 million to $4.91 million in the first quarter of 2024, compared to the first quarter of 2025. |
globenewswire.com |
2025-05-14 15:28:00 |
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Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025 |
Revenue growth of 12.4%, and 47% in constant currency for Q1 2025 over Q1 2024 Achieved $0.8 million in Net Profit in Q1 2025 Dollar pegged revenue increased to 34.7% of total revenue for Q1 2025, a 118% increase over Q1 2024 and recurring revenue reached an all-time high of 86% of total revenue Record high for Swvl's revenue in the Kingdom of Saudi Arabia, representing a 100% increase in quarter on quarter (QoQ) revenue and 97% increase in QoQ gross margin DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced its financial results for the first quarter of 2025, marking a pivotal combination of growth and profitability. The Company reported a 12.4% QoQ increase in revenue, from $4.37 million to $4.91 million in the first quarter of 2024, compared to the first quarter of 2025. |
globenewswire.com |
2025-05-14 11:00:00 |
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SWVL Announces $2 Million Private Placement Priced At-the-Market Under Nasdaq Rules |
DUBAI, United Arab Emirates, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq: SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, today announced that investors have exercised their right to purchase additional securities pursuant to the previously executed definitive agreement dated November 17, 2024, to purchase $2 million of pre-funded warrants to purchase ordinary shares in a private placement, at a purchase price of $4.79 per share. The purchasers have agreed to lock up the securities purchased in the offering for a period of 6 months, and also to transfer less than 20 percent of the securities purchased for each 90-day period thereafter in an amount not more than 20 percent of the trading volume on the date of sale. |
globenewswire.com |
2025-02-10 10:31:00 |
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Swvl to Provide Last-Mile Shuttle Services for SAB Bank Following Riyadh Metro Launch |
DUBAI, United Arab Emirates, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a leading technology provider of enterprise and government mobility solutions, is collaborating with Saudi Awwal Bank (SAB Bank) to launch its last-mile shuttle operations in Riyadh, Saudi Arabia. This initiative builds on the successful launch of the Riyadh Metro and aims to bridge first- and last-mile connectivity gaps, ensuring seamless access for SAB employees to the city's new metro system. |
globenewswire.com |
2024-12-23 10:00:00 |
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Swvl Secures Sustainable Finance with HSBC to Finance New Client Contracts |
DUBAI, United Arab Emirates, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, has announced a sustainable credit facility with HSBC Bank (“HSBC”) aimed at financing Swvl's expansion of its pipeline of client contracts in the fourth quarter of 2024. Additionally, the agreement with HSBC establishes a broader strategic collaboration to enhance Swvl's financial operations as the Company continues its path to sustainable growth. |
globenewswire.com |
2024-11-25 09:00:00 |
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Swvl Signs Three Year Contract with G4S in Saudi Arabia to provide SaaS-Based Mobility Solutions |
DUBAI, United Arab Emirates, Nov. 21, 2024 (GLOBE NEWSWIRE) -- 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”), a leading facility management provider in the Kingdom of Saudi Arabia. This collaboration will enable Swvl to deliver innovative SaaS-based mobility solutions that boost G4S's fleet efficiency, driving operational excellence and enhancing service quality across the Kingdom. |
globenewswire.com |
2024-11-21 11:16:00 |
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Swvl Announces Pricing of $4.7 Million Private Placement Priced At-the-Market Under Nasdaq Rules to Accelerate Expansion in High Value Markets |
DUBAI, United Arab Emirates, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq: SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, today announced its entry into a definitive agreement with certain investors, including several members of its board of directors, to purchase $4.7 million of ordinary shares (or their equivalent) in a private placement, at a purchase price of $4.79 per share (its closing price on November 15, 2024). The purchasers have agreed to lock up the securities purchased in the offering for a period of 6 months, and also to transfer less than 20 percent of the securities purchased for each 90-day period thereafter in an amount not more than 20 percent of the trading volume on the date of sale. |
globenewswire.com |
2024-11-18 08:00:00 |
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Swvl Wins $4.2 Million in New Contracts in Egypt Over the Last Three Months |
DUBAI, United Arab Emirates, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq: SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, announces that it won new contracts with total value of $4.2 million with key clients in Egypt over the past three months. These recently secured contracts with leading enterprises in strategic mobility sectors, including fast-moving consumer goods (FMCG), telecom, e-commerce, consumer goods, and banking, are expected to not only drive revenue growth but also showcase how Swvl's solutions are effectively addressing the diverse transportation needs of clients across various industries, further expanding its client portfolio and value-added offerings. |
globenewswire.com |
2024-11-15 08:44:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-11-04 18:45:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK , Nov. 2, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ: SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
prnewswire.com |
2024-11-02 13:00:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-31 22:00:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-29 14:00:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-27 14:00:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK , Oct. 25, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ: SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
prnewswire.com |
2024-10-25 21:52:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 23, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-23 22:20:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-21 20:45:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 19, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-19 16:00:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK , Oct. 17, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ: SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
prnewswire.com |
2024-10-17 23:29:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-15 20:45:00 |
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Swvl Launches its Regional Headquarters in Riyadh as Part of GCC Growth Strategy |
DUBAI, United Arab Emirates, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq: SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, is excited to announce the launch of its regional headquarters (RHQ) in Riyadh, Saudi Arabia. This move is a key step in supporting the Company's long-term growth and profitability plans in the Gulf Cooperation Council (GCC) by leveraging the program's benefits and participating in government contract opportunities. |
globenewswire.com |
2024-10-15 11:41:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 13, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-13 16:00:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK, NY / ACCESSWIRE / October 11, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ:SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
accesswire.com |
2024-10-11 19:15:00 |
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Swvl Holdings Corp. - SWVL |
NEW YORK , Oct. 9, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Swvl Holdings Corp. ("Swvl" or the "Company") (NASDAQ: SWVL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. |
prnewswire.com |
2024-10-09 21:45:00 |
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