Swvl (SWVL) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $22.85M | -55.62% |
| 2022-12-31 | $51.49M | 34.28% |
| 2021-12-31 | $38.35M | 121.49% |
| 2020-12-31 | $17.31M | 40.16% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.87M | - |
| 2023-09-30 | $5.87M | 5.58% |
| 2023-06-30 | $5.56M | - |
| 2023-03-31 | $5.56M | -139.51% |
| 2022-12-31 | $-14.07M | -156.68% |
| 2022-09-30 | $24.82M | 129.04% |
| 2022-06-30 | $10.84M | -25.88% |
| 2021-12-31 | $14.62M | 35.24% |
| 2021-09-30 | $10.81M | 12.76% |
| 2021-06-30 | $9.59M | - |
| 2021-03-31 | $9.59M | 121.49% |
| 2020-12-31 | $4.33M | - |
| 2020-09-30 | $4.33M | - |
| 2020-06-30 | $4.33M | - |
| 2020-03-31 | $4.33M | 40.16% |
| 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/Service | Dec 23 | Dec 21 |
|---|---|---|
| Business To Business SaaS | $16.64M | $8.54K |
| Business To Customers | $6.22M | $18.74M |
| 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
| Country | Dec 23 | Dec 21 |
|---|---|---|
| SAUDI ARABIA | $1.88M | - |
| EGYPT | $20.97M | $25.01M |
| Business To Customers | - | $18.74M |
| PAKISTAN | - | $10.39M |
| Business To Business SaaS | - | $8.54K |
| Business To Business TaaS | - | $19.59M |
| 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ENFN | Enfusion | $174.53M | $49.45M |
| KSPN | Kaspien | $128.23M | $26.43M |
| EGAN | eGain | $98.01M | $22.35M |
| NOGN | Nogin | $94.47M | $5.58M |
| VQS | VIQ Solutions | $45.84M | $10.10M |
| GVP | GSE Systems | $45.04M | $11.72M |
| OLB | OLB Group | $30.57M | $3.52M |
| SBIG | SpringBig | $28.05M | $6.47M |
| SWVL | Swvl | $22.85M | $5.87M |
| LYT | Lytus Technologies PTV. | $19.01M | $4.83M |
| FRGT | Freight | $17.06M | $9.44M |
| IFBD | Infobird | $5.51M | - |
| IDAI | T Stamp | $4.56M | $573.68K |
| IDBA | IDEX Biometrics ASA | $4.09M | $1.46M |
| MTC | MMTec | $869.93K | $2.86M |
| VS | Versus Systems | $271.17K | $26.50K |
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 Business SaaS, and Business To Customers. Business To Business SaaS generated $16.64M in revenue, accounting 72.80% of the company's total revenue, up 194820.57% year-over-year. Business To Customers generated $6.22M in revenue, accounting 27.20% of the company's total revenue, down -66.84% 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.