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Swvl (SWVL) Revenue & Revenue Breakdown

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Swvl Revenue Highlights

Latest Revenue (Y)

$22.85M

Latest Revenue (Q)

$5.87M

Main Segment (Y)

Business To Business SaaS

Main Geography (Y)

EGYPT

Swvl Revenue by Period

Swvl Revenue by Year

DateRevenueChange
2023-12-31$22.85M-55.62%
2022-12-31$51.49M34.28%
2021-12-31$38.35M121.49%
2020-12-31$17.31M40.16%
2019-12-31$12.35M-

Swvl generated $22.85M in revenue during NA 2023, up -55.62% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Swvl Revenue by Quarter

DateRevenueChange
2023-12-31$5.87M-
2023-09-30$5.87M5.58%
2023-06-30$5.56M-
2023-03-31$5.56M-139.51%
2022-12-31$-14.07M-156.68%
2022-09-30$24.82M129.04%
2022-06-30$10.84M-25.88%
2021-12-31$14.62M35.24%
2021-09-30$10.81M12.76%
2021-06-30$9.59M-
2021-03-31$9.59M121.49%
2020-12-31$4.33M-
2020-09-30$4.33M-
2020-06-30$4.33M-
2020-03-31$4.33M40.16%
2019-12-31$3.09M-
2019-09-30$3.09M-
2019-06-30$3.09M-
2019-03-31$3.09M-

Swvl generated $5.87M in revenue during Q4 2023, up 0.00% compared to the previous quarter, and up 23.64% compared to the same period a year ago.

Swvl Revenue Breakdown

Swvl Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21
Business To Customers$6.22M$18.74M
Business To Business SaaS$16.64M$8.54K
Business To Business TaaS-$19.59M

Swvl's latest annual revenue breakdown by segment (product or service), as of Dec 23: Business To Business SaaS (72.80%), and Business To Customers (27.20%).

Swvl Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 21
SAUDI ARABIA$1.88M-
EGYPT$20.97M$25.01M
PAKISTAN-$10.39M
Business To Business SaaS-$8.54K
Business To Business TaaS-$19.59M
Business To Customers-$18.74M
KENYA-$1.87M
Other Countries-$1.07M

Swvl's latest annual revenue breakdown by geography, as of Dec 23: EGYPT (91.77%), and SAUDI ARABIA (8.23%).

Swvl Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ENFNEnfusion$174.53M$51.17M
EGANeGain$92.80M$21.80M
OLBOLB Group$30.57M$88.08K
SWVLSwvl$22.85M$5.87M
LYTLytus Technologies PTV.$19.01M$4.83M
FRGTFreight$17.06M$9.44M
IFBDInfobird$5.51M-
IDAIT Stamp$4.56M$511.08K
MTCMMTec$869.93K$2.86M
VSVersus Systems$271.17K$3.85K

SWVL Revenue FAQ

What is Swvl’s yearly revenue?

Swvl's yearly revenue for 2023 was $22.85M, representing a decrease of -55.62% compared to 2022. The company's yearly revenue for 2022 was $51.49M, representing an increase of 34.28% compared to 2021. SWVL's yearly revenue for 2021 was $38.35M, representing an increase of 121.49% compared to 2020.

What is Swvl’s quarterly revenue?

Swvl's quarterly revenue for Q4 2023 was $5.87M, a 0% increase from the previous quarter (Q3 2023), and a 0% increase year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $5.87M, a 5.58% increase from the previous quarter (Q2 2023), and a -76.36% decrease year-over-year (Q3 2022). SWVL's quarterly revenue for Q2 2023 was $5.56M, a 0% increase from the previous quarter (Q1 2023), and a -48.71% decrease year-over-year (Q2 2022).

What is Swvl’s revenue growth rate?

Swvl's revenue growth rate for the last 3 years (2021-2023) was -40.40%, and for the last 5 years (2019-2023) was 85.02%.

What are Swvl’s revenue streams?

Swvl's revenue streams in c 23 are Business To Customers, and Business To Business SaaS. Business To Customers generated $6.22M in revenue, accounting 27.20% of the company's total revenue, down -66.84% year-over-year. Business To Business SaaS generated $16.64M in revenue, accounting 72.80% of the company's total revenue, up 194820.57% year-over-year.

What is Swvl’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Swvl was Business To Business SaaS. This segment made a revenue of $16.64M, representing 72.80% of the company's total revenue.