Swvl Holdings Corp · NASDAQ:SWVL
Swvl — Q1 2026 Earnings Presentation
17 slides from Swvl's earnings presentation, Jun 16, 2026
Slide 1: Investor Update Q1 2026
Investor Update QI] 2026 swt
Slide 2: Forward-looking Statements / Disclaimer
Forward-looking Statements 1/ 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 such as “bel
Slide 3: Business at a Glance
Business at a Glance One platform, complete control, measurable ROI — route-optimization software (SaaS) paired with end-to-end managed mobility (MaaS). Rider app, operator dashboard & captain app Mobility Interface Suite Driver vetting, geo-monitoring, incident reporting Safety, Compliance & Monito
Slide 4: Q1 2026: results
Q1 2026: results Dollar Pegged-Revenue 44% Dollar-pegged revenue grew to 44% up from 35% in Q1'25 Revenue Growth 68% Revenue grew to $8.2M, up from $4.9M in Q1'25 Recurring Revenue 88% Recurring revenue grew to 88%, up from 86% in Q1'25 Gross Profit 63% Gross profit expanded to $1.6M, up from $0.98M
Slide 5: Financial Performance
Financial Performance Q1'24 Q1'25 Q1'26 Revenue Gross Profit 4/ Q1'24 Q1'25 Q1'26 $8.24M $0.83M $1.60M $4.91M $0.98M $4.4M 18% 68% 12% 63% SWVL Holdings Corp | NASDAQ: SWVL | Q1 2026 Update
Slide 6: Operating Loss Bridge Q1'25 to Q1'26
5/ Q1’25 Operating Loss Gross Profit G&A Expense +$38K Other Items, Net Q1’26 Operating Loss Gross-profit gains of $618K more than absorbed disciplined cost growth, cutting the operating loss 71% from $590K to $174K and bringing Swvl to the edge of breakeven. Operating result walk, Q1’25 → Q1’26 ($
Slide 7: Cost Structure & OpEx Efficiency
Cost Structure & OpEx Efficiency 6/ Q'24 Q'25 Q'26 $1.68M $1.89M 34% 65.4 % 23 % Operating Expenses OpEx % Revenue Swvl's cost structure is built for scale, as revenue grows, OpEx does not grow proportionally. This operating leverage means incremental revenue flows through to profit at an accelerati
Slide 8: Higher Quality of Revenue: Recurring vs Transactional
Higher Quality of Revenue: Recurring vs Transactional 7/ Recurring Contract-Based Revenue Focus We continue to make significant progress in increasing the share of recurring revenue of the total business. Which grew from 86% in Q1 2025 to 88% in Q1 2026. Swvl’s recurring revenue comes in the form of
Slide 9: Higher Quality of Revenue: Dollar Pegged Revenue
Higher Quality of Revenue: Dollar Pegged Revenue 8/ Dollar-Pegged Revenue Focus Swvl continues to focus on dollar-pegged revenue across its operating geographies. In Q1 2026 our dollar-pegged revenue as a share of total revenue reached 44%, up from 35% in Q1 2025. We continue to aim at expanding our
Slide 10: Geography deep dive
Geography deep dive 9/ SWVL Holdings Corp | NASDAQ: SWVL | Q1 2026 Update
Slide 11: Revenue by Geographical Location
Revenue by Geographical Location 10/ Egypt Q1'25 Q1'26 $3.21M $4.64M $1.70M $3.60M $4.9M $8.2M GCC Total 45% 111% 68% GCC: Gulf Cooperation Council SWVL Holdings Corp | NASDAQ: SWVL | Q1 2026 Update
Slide 12: Commercial Highlights | Egypt
Net Dollar Retention 121% Revenue expansion from Q1'25 corporate clients into Q1'26, net of churn 11/ Q1'25 Q1'26 Q1'25 Q1'26 Commercial Highlights | Egypt 37% Revenue Gross Profit 45% $3.21M $4.64M $0.75M $0.55M Egypt delivered strong performance in Q1 2026, with revenue growing 45% YoY from $3.21M
Slide 13: Commercial Highlights | GCC
12/ Q1'25 Q1'26 The GCC market delivered exceptional growth in Q1 2026, with revenue surging 111% YoY from $1.7M to $3.6M. Gross profit nearly doubled, growing 97% from $0.43M to $0.85M. This demonstrates Swvl’s ability to accelerate growth while maintaining unit economics and profitability. Q1'25 Q
Slide 14: Appendix: Detailed P&L
13/ Appendix: Detailed P&L Q1’25 Q1’26 YoY Commentary Revenue 4,910,013 8,237,766 68% Swvl continues to compound growth through high net dollar retention and new account acquisition across existing and new markets. Q1'26 marks another quarter of accelerating momentum, with the business targeting tri
Slide 15: Appendix: Detailed P&L (continued)
14/ Appendix: Detailed P&L (continued ) Q1’25 Q1’26 YoY Commentary Change in fair value of financial liabilities 1,379,026 139,363 –90% Finance income 216 12,554 +5,712% Finance cost (16,680) (65,941) +295% Profit/(loss) before tax 772,823 (87,754) –111% Profit/(loss) before tax includes non-operati
Slide 16: Key Takeaways
15/ Key Takeaways 68% growth, 71% smaller loss Revenue compounding while losses shrink; operating leverage is now visible in the P&L. A higher-quality revenue base 88% recurring, 44% dollar-pegged and 114% net dollar retention underpin predictable growth. Operating breakeven in sight Operating margi
Slide 17: swt
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