Swvl Holdings Corp · NASDAQ:SWVL
Swvl — Investor Presentation (April 2025)
16 slides from Swvl's investor presentation, Apr 2, 2025
Slide 1: April 2025 Investor Update FY2024
April 2025 Investor Update FY2024
Slide 2: Table of Contents
Table of Contents 1/ About Swvl 2/ Swvl Technology & Service Ecosystem 3/ Key Highlights 4/ Gross Profit Growth Momentum Strong Growth in Dollar-Pegged Revenue 5/ 6/ 7/ Revenue Growth & Margin Improvement in Saudi Arabia 8/ Portfolio Optimization & Margin Growth in Egypt Accelerating Growth in Recur
Slide 3: Disclaimers & Forward-looking Statements
Disclaimers & Forward-looking Statements Disclaimer This presentation may contain “forward-looking statements” which include, but are not limited to, statements regarding future events and other statements that are not historical facts. Forward-looking statements are generally accompanied by words s
Slide 4: About Swvl: Product Suite
Product Suite Real-time Monitoring & Insights Compliance & Safety Management Vehicle Rostering Network Planning & Routing Technologies Identity & Access Management About Swvl 1/ Use Cases Schools Universities Entreprise NEMT Public Transit Airlines Swvl Holdings Corp ("Swvl") is an end-to-end mobili
Slide 5: Swvl Technology & Service Ecosystem
Swvl Technology & Service Ecosystem 2/ At Swvl, we offer mobility solutions that enable the operation of a fully optimized transportation network. Our end-to-end mobility operating system empowers accessible, efficient, and reliable transportation, driving smarter cities. Demand Analytics Network Pl
Slide 6: Key Highlights Commercial Performance in 2024
Key Highlights Commercial Performance in 2024 3/ Gross Margin Improvement +315bps in FY24 over FY23 & by 2,075 bps over FY22 Dollar Pegged-Revenue +95% in FY24 over FY23 Dollar-pegged revenue represented 21.3% in FY24 & 8.2% of FY23 over total revenue Cash Flows Used in Ops -64% in FY24 over FY23 &
Slide 7: Gross Profit Growth Momentum
Gross Profit Growth Momentum 4/ FY22 FY23 FY24 Strong Gross Profit Growth 0% 21% Swvl has shown growth in gross profit 18% percentage over the past few years. From 0% in FY22, we grew to 18% in FY23 and 21% in FY24, reflecting the success of the portfolio optimization program. This steady upward tra
Slide 8: Accelerating Growth in Recurring Revenue
Accelerating Growth in Recurring Revenue 5/ FY22 32% 68% Recurring Contract-Based Revenue Focus We have made significant progress in increasing our recurring revenue, which grew from 68% in FY22 to 75% in FY24. We continue to focus on profitably scaling up our recurring revenue base on dollar-pegged
Slide 9: Strong Growth in Dollar-Pegged Revenue
6/ Strong Growth in Dollar-Pegged Revenue Dollar-Pegged Revenue Focus Swvl continues to focus on dollar-pegged revenue across the GCC, with plans to expand into the UK and U.S. to ensure long-term sustainability and dollar-pegged growth. In FY24, our dollar-pegged revenue grew by 2.8x from FY22 to F
Slide 10: Revenue Growth & Margin Improvement in Saudi Arabia
YoY Performance - Gross Margin $Mn Swvl continues to prioritize high-margin, high-profit operations, and this focus has yielded outstanding results. We achieved a record margin of $0.92 million in FY24, marking a remarkable 1.8x growth over FY23. Each new cohort of contracts continues to grow year-o
Slide 11: Portfolio Optimization & Margin Growth in Egypt
Portfolio Optimization & Margin Growth in Egypt 8/ *Non-IFRS Measure: The amounts below are non-IFRS measures, as the group's reporting currency is the United States Dollar. All figures represented in this slide are in Egyptian Pounds (EGP). Please refer to Appendix A for the IFRS reconciliation. [6
Slide 12: Improvement in Working Capital Efficiency
Improvement in Working Capital Efficiency 9/ Net Cash Flows Used in Operating Activities in $Mn -9.10 -117.6 -3.29 FY22 FY23 FY24 -92% -64% Path to Free Cash Flows Swvl has made significant strides in improving its working capital efficiency over the past two years. In FY22, the net cash flows used
Slide 13: Streamlining G&A for Enhanced Efficiency in the Past Two Years
Streamlining G&A for Enhanced Efficiency in the Past Two Years 10/ Staff Costs 2.28 21.3 6.59 FY22 FY23 FY24 Insurance -69% 3.21 4.92 0.65 FY22 FY23 FY24 -86% Professional Fees 1.62 14.3 1.24 FY22 FY23 FY24 -91% Technology Costs 1.11 9.04 0.75 FY22 FY23 FY24 -92% Expenditure in $Mn Expenditure in $M
Slide 14: Definitions
Definitions 11/ Dollar Pegged Revenue Represents revenue generated in currencies that are pegged to the US Dollar (i.e., currently, all revenues excluding EGP). Cash Flows used in Ops Represents net cash flows used in operating activities, as reported in our consolidated financial statements. Recurr
Slide 15: Appendix A - Reconciliation of Non-IFRS Measures
Appendix A - Reconciliation of Non-IFRS Measures 12/ Years Non-IFRS IFRS Local Currency USD/EGP Amount as Reported FY22 749.8 18.87 39.73 FY23 642.9 30.66 20.97 FY24 595.2 43.94 13.55 The revenue of Egypt reported under local currency, when translated into the reporting currency of the Group, is dif
Slide 16: swt
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