Swvl Holdings Corp (SWVL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2025, filed Apr 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SWVL SEC filings page.
Swvl Holdings Corp (SWVL) reported $24.2M in revenue for fiscal year 2025, up 40.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported profit has not become cash, leaving Swvl’s operations reliant on funding beyond day-to-day activity despite improving liquidity.
Across FY2023 and FY2025, positive net income coincided with negative operating cash flow. This repeated earnings-to-cash mismatch means reported profitability is not yet matching the business’s cash economics.
Revenue recovered to
Equity returned positive in FY2025 after being negative in FY2024, while the current ratio crossed above 1.0x, improving short-term balance-sheet flexibility. The reported 24.8-month liquidity comparison and positive financing cash flow indicate that cash availability was supported partly outside operations.
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Swvl Holdings Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Swvl Holdings Corp held $4.4M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $2.1M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Swvl Holdings Corp scores 50/100 among other emerging companies.
Not available for Swvl Holdings Corp, and counted as zero in the overall score.
Not available for Swvl Holdings Corp, and counted as zero in the overall score.
Swvl Holdings Corp reported revenue of $24.2M in fiscal year 2025, against $17.2M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Swvl Holdings Corp scores 47/100 among other emerging companies.
Swvl Holdings Corp's operations used $2.1M of cash in fiscal year 2025, against $3.6M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Swvl Holdings Corp scores 82/100 among other emerging companies.
Swvl Holdings Corp's cash, cash equivalents and investments came to $4.4M at the end of fiscal year 2025, against $17.1M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Swvl Holdings Corp scores 31/100 among other emerging companies.
Swvl Holdings Corp passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Swvl Holdings Corp used $1.63 of operating cash (-$2.1M OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q1 2026.
Cash & Balance Sheet
Swvl Holdings Corp held $4.9M in cash against $324K in long-term debt as of Q1 2026, with $11.7M of liabilities due within a year.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
None of these metrics is reported for Q1 2026.
Capital Allocation
None of these metrics is reported for Q1 2026.
SWVL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
SWVL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'266-K | Q3'256-K | Q1'2510-Q | Q3'2410-K | Q1'2410-Q | Q3'2310-K | Q3'2210-K | Q3'2110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.2M+29.6% | $16.4M-25.3% | $14.1M-59.4% | $21.9M-61.9% | $34.7M | $57.5M-3.2% | $59.3M+139.7% | $24.8M |
| Current Assets | $12.1M+74.3% | $10.3M-6.2% | $6.9M-29.0% | $11.0M-46.0% | $9.8M | $20.3M-41.3% | $34.6M+156.8% | $13.5M |
| Cash & Equivalents | $4.9M+312.0% | $5.0M+69.7% | $1.2M+28.9% | $2.9M+90.0% | $919K | $1.5M-42.9% | $2.7M-73.9% | $10.3M |
| Accounts Receivable | $5.9M+47.0% | $4.0M-24.7% | $4.0M-32.9% | $5.3M-64.0% | $6.0M | $14.8M+124.4% | $6.6M+130.9% | $2.9M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $4.4M | N/A |
| Total Liabilities | $17.5M+8.2% | $17.1M+6.7% | $16.2M-45.3% | $16.0M-70.9% | $29.6M | $54.8M-63.2% | $149.1M+2249.0% | $6.3M |
| Current Liabilities | $11.7M+6.0% | $11.9M+14.4% | $11.0M-37.5% | $10.4M-75.5% | $17.7M | $42.6M-70.6% | $145.0M+2509.1% | $5.6M |
| Non-Current Liabilities | $1.9M+105.6% | $1.2M-2.1% | $918K-67.0% | $1.2M-64.0% | $2.8M | $3.4M-18.1% | $4.1M+420.5% | $790K |
| Long-Term Debt | $324K-59.9% | $440K-56.9% | $808K-42.0% | $1.0M-35.8% | $1.4M | $1.6M-46.2% | $3.0M+373.2% | $626K |
| Total Equity | $707K+133.2% | -$688K-111.6% | -$2.1M-142.3% | $5.9M+125.0% | $5.0M | $2.6M+102.9% | -$89.7M-587.4% | $18.4M |
| Retained Earnings | -$339.4M-1.3% | -$339.8M-3.1% | -$335.2M-1.4% | -$329.5M+0.9% | -$330.5M | -$332.6M-53.9% | -$216.1M-189.4% | -$74.7M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
SWVL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
SWVL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Swvl Holdings Corp SWVL | FY2025 | $24.2M | $1.3M | 5.4% | $70.3M | 35/100 |
| Rail Vision Ltd. RVSN | FY2025 | $1.5M | -$11.1M | N/A | $8.1M | 75/100 |
| FreightCar America, Inc. RAIL | FY2025 | $501.0M | $38.1M | 7.6% | $202.3M | 55/100 |
| Foster (Lb) Co FSTR | FY2025 | $540.0M | $7.5M | 1.4% | $372.6M | 44/100 |
| The Greenbrier Companies, Inc. GBX | FY2025 | $3.2B | $204.1M | 6.3% | $1.2B | 19/100 |
| Toppoint Holdings Inc. TOPP | FY2025 | $16.5M | -$7.3M | -44.4% | $4.5M | 36/100 |
Where Swvl Holdings Corp Ranks
Frequently Asked Questions
What is Swvl Holdings Corp's annual revenue?
Swvl Holdings Corp (SWVL) reported $24.2M in total revenue for fiscal year 2025. This represents a 40.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Swvl Holdings Corp's revenue growing?
Swvl Holdings Corp (SWVL) revenue grew by 40.5% year-over-year, from $17.2M to $24.2M in fiscal year 2025.
Is Swvl Holdings Corp profitable?
Yes, Swvl Holdings Corp (SWVL) reported a net income of $1.3M in fiscal year 2025, with a net profit margin of 5.4%.
How much debt does Swvl Holdings Corp have?
As of fiscal year 2025, Swvl Holdings Corp (SWVL) had $4.4M in cash and equivalents against $1.0M in long-term debt.
What is Swvl Holdings Corp's net profit margin?
Swvl Holdings Corp (SWVL) had a net profit margin of 5.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Swvl Holdings Corp's return on equity (ROE)?
Swvl Holdings Corp (SWVL) has a return on equity of 44.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Swvl Holdings Corp's free cash flow?
Swvl Holdings Corp (SWVL) recorded an outflow of $2.1M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Swvl Holdings Corp's operating cash flow?
Swvl Holdings Corp (SWVL) recorded an outflow of $2.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Swvl Holdings Corp's total assets?
Swvl Holdings Corp (SWVL) had $20.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Swvl Holdings Corp's capital expenditures?
Swvl Holdings Corp (SWVL) invested $10K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Swvl Holdings Corp's current ratio?
Swvl Holdings Corp (SWVL) had a current ratio of 1.08 as of fiscal year 2025, which is considered adequate.
What is Swvl Holdings Corp's debt-to-equity ratio?
Swvl Holdings Corp (SWVL) had a debt-to-equity ratio of 0.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Swvl Holdings Corp's return on assets (ROA)?
Swvl Holdings Corp (SWVL) had a return on assets of 6.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Swvl Holdings Corp's P/E ratio?
Swvl Holdings Corp (SWVL) trades at 53.6x earnings, its market capitalization divided by net income of $1.3M net income, FY2025. The market capitalization is $70.3M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Swvl Holdings Corp's price-to-sales ratio?
Swvl Holdings Corp (SWVL) trades at 2.9x sales, its market capitalization divided by revenue of $24.2M revenue, FY2025. The market capitalization is $70.3M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Swvl Holdings Corp's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Swvl Holdings Corp (SWVL) held $4.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $2.1M over that year. Dividing the one by the other, the reported balance equals about 25 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Swvl Holdings Corp's Piotroski F-Score?
Swvl Holdings Corp (SWVL) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Swvl Holdings Corp's earnings high quality?
For every $1 of reported earnings, Swvl Holdings Corp (SWVL) used $1.63 of operating cash (-$2.1M OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Swvl Holdings Corp?
Swvl Holdings Corp (SWVL) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.