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Swvl Reports Strong Financial Performance for FY2024

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Swvl Reports Strong Financial Performance for FY2024

Swvl ( (SWVL) ) has shared an announcement.

On April 2, 2025, Swvl Holdings Corp released an investor presentation highlighting its financial performance for the fiscal year 2024. The company reported significant improvements in its gross margin and dollar-pegged revenue, with a 95% increase in dollar-pegged revenue compared to the previous year. Additionally, Swvl achieved a 64% reduction in cash flows used in operations from FY23 to FY24. These results reflect Swvl’s strategic focus on optimizing its transportation network and enhancing operational efficiency, positioning the company for continued success in the mobility industry.

More about Swvl

Swvl Holdings Corp is a company that operates in the mobility industry, offering an end-to-end mobility operating system designed to enhance urban transportation. Its services include real-time insights, vehicle rostering, and network planning technologies, providing tailored solutions for various use cases such as schools, universities, public transit, and enterprises. Swvl’s platform can be delivered as a standalone technology (SaaS) or as part of a comprehensive managed services offering (MaaS), including fleet management and driver onboarding.

YTD Price Performance: -38.67%

Average Trading Volume: 16,302

Technical Sentiment Signal: Strong Buy

Current Market Cap: $45.67M

For detailed information about SWVL stock, go to TipRanks’ Stock Analysis page.

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