Egypt was Swvl Holdings’s largest region in fiscal 2025, bringing in $16.20M of $24.17M (67%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Egypt | $39.73M | $20.97M | $13.55M | $16.20M | |||
| Gulf Cooperation Council | — | $1.88M | $3.66M | $7.97M | |||
| Ksa | $3.26M | — | — | — | |||
| Kingdom Of Saudi Arabia | — | — | — | — | |||
| Kenya | — | — | — | — | |||
| Pakistan | — | — | — | — | |||
| United Arab Emirates | — | — | — | — | |||
| Total | $43.00M | $22.85M | $17.21M | $24.17M |
Swvl Holdings brought in $24.17M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 40.5% from $17.21M in fiscal 2024. Egypt was the largest at $16.20M (67.0%), ahead of Gulf Cooperation Council at $7.97M (33.0%).
Compared with fiscal 2024, Gulf Cooperation Council grew 117.6% to $7.97M and Egypt grew 19.6% to $16.20M.
Swvl Holdings began breaking out Gulf Cooperation Council in fiscal 2023, when it brought in $1.88M. Swvl Holdings stopped reporting Ksa as a separate region after fiscal 2022, when it brought in $3.26M.
Business To Business Taas was Swvl Holdings’s largest revenue line in fiscal 2025, bringing in $20.27M of $24.17M (84%).
| Products and services [axis] | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Business To Business - Saas | $29.40M | — | — | — | |||
| Business To Business Taas | — | $16.64M | $12.98M | $20.27M | |||
| Business To Business – Taas | — | — | — | — | |||
| Business To Customers | $13.60M | $6.22M | $4.23M | $3.90M | |||
| Total | $43.00M | $22.85M | $17.21M | $24.17M |
Swvl Holdings brought in $24.17M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 40.5% from $17.21M in fiscal 2024. Business To Business Taas was the largest at $20.27M (83.9%), ahead of Business To Customers at $3.90M (16.1%).
Compared with fiscal 2024, Business To Business Taas grew 56.2% to $20.27M, while Business To Customers fell 7.8% to $3.90M.
Swvl Holdings began breaking out Business To Business Taas in fiscal 2023, when it brought in $16.64M. Swvl Holdings stopped reporting Business To Business - Saas as a separate revenue line after fiscal 2022, when it brought in $29.40M.
Assets & Liabilities Classified As Held For Sale was Swvl Holdings’s largest revenue line in fiscal 2021, bringing in $12.78M of $25.56M (50%).
| Assets and liabilities classified as held for sale [axis] | FY 2021 |
|---|---|
| Assets & Liabilities Classified As Held For Sale | $12.78M |
| Swvl Pakistan (Private) Ltd | $10.39M |
| Swvl Technologies Ltd | $1.87M |
| Smart Way Transportation Llc | $367.07K |
| Shotl Transportation, S.L | $148.54K |
| Swvl My For Information Technology Sdn Bhd | $1.36K |
| Total | $25.56M |
Swvl Holdings brought in $25.56M from its six revenue lines in fiscal 2021, the year ended December 31, 2021. Assets & Liabilities Classified As Held For Sale was the largest at $12.78M (50.0%), ahead of Swvl Pakistan (Private) Ltd at $10.39M (40.7%) and Swvl Technologies Ltd at $1.87M (7.3%). The other three revenue lines brought in $516.97K combined.
Swvl Holdings (SWVL) reports its revenue by geography, by products and services [axis] and by assets and liabilities classified as held for sale [axis]. In fiscal 2025, Egypt was its largest region, bringing in $16.20M (67.0% of the total), followed by Gulf Cooperation Council at $7.97M (33.0%).
Egypt was Swvl Holdings' largest region in fiscal 2025, bringing in $16.20M, or 67.0% of the $24.17M total across its two regions.
Business To Business Taas was Swvl Holdings' largest revenue line in fiscal 2025, bringing in $20.27M, or 83.9% of the $24.17M total across its two revenue lines.
Gulf Cooperation Council grew faster than Egypt in fiscal 2025, up 117.6% from $3.66M to $7.97M. Egypt grew 19.6% to $16.20M.
Every figure comes from Swvl Holdings' annual financial filings, as reported. Each line keeps the name Swvl Holdings gives it, and years follow its fiscal calendar.
Swvl Holdings' revenue by geography goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.