Swvl Reports H1 2025 Growth: 26% Revenue Rise, 26% Margin Gain

Rhea-AI Filing Summary

Swvl Holdings Corp reported its H1 2025 results showing 26% revenue growth versus the prior period and 49% growth in constant currency. The company also reported a 26% improvement in gross margin and recorded a net income of $0.43 million for the six-month period. The 6-K references an attached exhibit (Exhibit 99.4) with the H1 2025 results and notes that Form F-3 and Form S-8 registration statements are filed with the SEC and will become part of the report as submitted.

Positive

• 26% revenue growth reported for H1 2025
• 49% revenue growth in constant currency, indicating stronger underlying demand excluding currency effects
• 26% improvement in gross margin, suggesting improved profitability per unit
• Net income of $0.43 million, a positive bottom-line result for the period
• Filing references and attaches Exhibit 99.4 with detailed H1 2025 results

Negative

• Net income of $0.43 million is modest in absolute terms
• The provided excerpt is concise and does not include full financial statements or detailed line-item data

Insights

Financial Analyst

TL;DR: Revenue and gross margin expansion indicate operational improvement; net income is positive but modest at $0.43M.

The reported 26% revenue growth (and 49% in constant currency) alongside a 26% increase in gross margin suggests improved top-line traction and unit economics in H1 2025. A positive net income of $0.43 million is notable for a growth-stage company, though the absolute amount is small relative to typical public-company scale. The disclosure is concise and lacks line-item financials in this excerpt, limiting deeper margin or cash-flow analysis.

Corporate Governance Expert

TL;DR: The 6-K furnishes key H1 metrics and references registration statements, but the filing excerpt is brief.

This report includes material operational metrics and explicitly attaches Exhibit 99.4 for H1 2025 results. The filing also confirms that Form F-3 and Form S-8 registrations are on file with the SEC and will be incorporated, which is standard for maintaining registration coverage. The excerpt does not provide detailed disclosures on risks, balance sheet, or governance changes.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025 (Report No. 2)

Commission File Number: 001-41339

Swvl Holdings Corp

The Offices 4, One Central

Dubai World Trade Centre

Dubai, United Arab Emirates

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

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CONTENTS

Interim Financial Statements

This Report of Foreign Private Issuer on Form 6-K consists of Swvl Holdings Corp (“Swvl”): (i) Unaudited Interim Condensed Consolidated Financial Statements as of and for the six months ended June 30, 2025, which are attached hereto as Exhibit 99.1; (ii) Management’s Discussion and Analysis of Financial Condition and Results of Operation as of and for the six months ended June 30, 2025, which is attached hereto as Exhibit 99.2; (iii) an investor presentation, which is attached hereto as Exhibit 99.3; and (iv) press release titled: “Swvl Announces H1 2025 Results, Delivering 26% Revenue Growth (49% in Constant Currency), 26% Gross Margin Growth, and Net Income of $0.43 Million”, which is attached hereto as Exhibit 99.4.

Exhibits 99.1, 99.2. and the first two paragraphs and the sections titled “Key Highlights” and “Forward Looking Statements” in exhibit 99.4 are incorporated by reference into Swvl’s Registration Statement on Form F-3 (Registration No. 333-279918) and Form S-8 (Registration No. 333-265464) filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report of Foreign Private Issuer on Form 6-K is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBIT INDEX

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Exhibit		Description of Exhibit
​	​	​
99.1	​	Swvl’s Unaudited Interim Condensed Consolidated Financial Statements as of June 30, 2025.
99.2	​	Swvl’s Management’s Discussion and Analysis of Financial Condition and Results of Operations for the six months ended June 30, 2025.
99.3	​	Investor presentation
99.4	​	Press Release titled: “Swvl Announces H1 2025 Results, Delivering 26% Revenue Growth (49% in Constant Currency), 26% Gross Margin Growth, and Net Income of $0.43 Million”
101	​	The following financial information from the Registrant’s Interim Condensed Financial Statements as of June 30, 2025, formatted in XBRL (eXtensible Business Reporting Language): (i) Interim Condensed Statements of Financial Position, (ii) Interim Condensed Statements of Comprehensive Loss, (iii) Interim Condensed Statements of Changes in Shareholders’ Equity; (iv) Interim Condensed Statements of Cash Flows, and (v) Notes to the Unaudited Interim Condensed Financial Statements.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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​	SWVL HOLDINGS CORP
​	​	​
Date: September 8, 2025	By:	/s/ Mostafa Kandil
​	Name:	Mostafa Kandil
​	Title:	Chief Executive Officer

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FAQ

What H1 2025 revenue growth did Swvl (SWVL) report?

Swvl reported 26% revenue growth for H1 2025 and 49% growth in constant currency.

What was Swvl's net income for H1 2025?

Swvl reported a net income of $0.43 million for the six-month period ended H1 2025.

Did Swvl report any margin changes in H1 2025?

Yes, Swvl reported a 26% improvement in gross margin for H1 2025.

Does the 6-K include supporting exhibits or registration statements?

The 6-K attaches Exhibit 99.4 with H1 2025 results and states that Form F-3 and Form S-8 are filed with the SEC and will be incorporated.

Are detailed financial statements included in the excerpt provided?

No. The excerpt provides summary metrics and references an exhibit but does not include full financial statements in the text provided.