Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Swvl Holdings Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2018
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Revenue
12.4
15
25.6
51.5
22.9
17.2
Cost of revenue
33.8
19.2
31.3
42.8
18.7
13.6
Gross profit
21.4
-4.21
-5.79
0.18
4.11
3.64
Operating income
40.9
-24.6
-88.1
-80.1
12.8
-8.49
Interest expense
0.07
0.06
1.49
3.58
0.06
0.04
Interest income
0.36
0.59
0.13
0.2
0.06
0.07
Pre-tax income
40.6
-24
-134
-102
13.1
-11.1
Income tax
5.38
-3.16
-4.72
-3.23
-0.04
Income from continuing operations
-20.9
-129
-98.5
13.1
-11.1
Net income to minority interests
-0.07
-7.08
0.07
Net income
35.3
35.3
-29.7
-141
-116
3.06
-10.3
EPS, basic
10,195.00
-4.54
-20.92
-18.21
0.45
-1.19
EPS, diluted
10,195.00
-4.54
-20.92
-18.21
0.28
-1.19
Balance sheet
FY2018
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Cash and equivalents
8.52
15.3
10.3
9.53
1.54
2.92
4.96
Receivables
2.86
6.6
14.8
5.33
4.01
Total current assets
13.5
34.6
Property, plant and equipment
0.51
0.65
1.27
0.75
0.46
Lease right-of-use assets
1.11
0.86
4.06
0.82
0.48
0.23
Goodwill
4.42
Intangible assets
0
0.99
10.5
0.23
0.11
Total assets
24.8
59.3
57.5
21.9
16.4
Accounts payable
20
33.4
7.83
9.35
Short-term debt
74.6
Total current liabilities
5.56
145
Lease liabilities
0.63
2.96
1.59
1.02
0.44
Total liabilities
6.35
149
54.8
16
17.1
Total debt
0.16
Paid-in capital
88.9
343
347
354
Retained earnings
-74.7
-216
-333
-330
-340
Shareholders' equity
18.4
-89.8
6.82
8.95
2.28
Minority interests
0.07
-4.19
-3.04
-2.97
Total equity
6.36
19.2
18.4
-89.7
2.63
5.91
-0.69
Total liabilities and equity
24.8
59.3
57.5
21.9
16.4
Cash flow statement
FY2018
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Net income
35.3
35.3
-29.7
-141
-124
3.06
-10.3
Cash from operations
-40
-30.5
-62.1
-118
-9.11
-3.57
Capital expenditures
-0.39
-0.21
-0.32
-0.82
-0.02
Cash from investing
-0.39
-0.21
-11.1
-8.09
8.79
0.58
Debt repaid
-0.13
Stock issued
26.4
60.8
0.79
2.56
Cash from financing
46.4
26
72.7
125
0.34
4.04
Exchange rate effect
0.84
-0.27
-0.26
-6.13
0.2
0.98
Free cash flow
-40.4
-30.8
-62.5
-118
-9.12
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $4.09 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
21.1%
Gross profit / revenue.
Operating margin
-49.3%
Operating income / revenue.
Pre-tax margin
-64.3%
Pre-tax income / revenue.
Net margin
-60.1%
Net income / revenue.
Operating cash flow margin
-20.7%
Cash from operations / revenue.
Return on equity (ROE)
-184.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-54.0%
Net income / average total assets.
Return on invested capital (ROIC)
-381.8%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-24.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-12.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
6.9%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
-11.5%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 5y
-29.9%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y
-166.4%
Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-438.3%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-525.0%
EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-74.5%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-25.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-34.9%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.07x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
1.0%
Total debt / total assets.
Liabilities / assets
104.2%
Total liabilities / total assets.
Net debt
-$4.8M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$1.19
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$40.8M
Share price x shares outstanding.
Enterprise value
$36.0M
Market cap + total debt - cash - short-term investments.
P/S
2.37x
Market cap / revenue.
P/B
17.9x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
18.7x
Market cap / tangible book value, when positive.
EV/Sales
2.09x
Enterprise value / revenue.
Earnings yield
-25.4%
Net income / market cap (the inverse of P/E).
What was Swvl Holdings Corp's revenue in fiscal 2024?
Swvl Holdings Corp reported revenue of $17.2M for fiscal 2024, 24.7% lower than the year before.
Was Swvl Holdings Corp profitable in fiscal 2024?
No. It reported a net loss of $10.3M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.