Swvl Holdings Corp. (SWVL)

NASDAQ: SWVL · IEX Real-Time Price · USD
1.18
-0.04 (-3.28%)
At close: Mar 24, 2023, 3:59 PM
1.13
-0.05 (-4.24%)
After-hours: Mar 24, 2023, 7:54 PM EDT
-3.28%
Market Cap 6.38M
Revenue (ttm) 66.17M
Net Income (ttm) -220.47M
Shares Out 5.41M
EPS (ttm) -62,602.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 36,265
Open 1.19
Previous Close 1.22
Day's Range 1.17 - 1.20
52-Week Range 1.11 - 285.00
Beta -0.46
Analysts Buy
Price Target 123.25 (+10,344.92%)
Earnings Date Apr 21, 2023

About SWVL

Swvl Holdings Corp. provides mass transit ridesharing services. It offers B2C Swvl Retail, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities; Swvl Travel that allows riders to book rides on long-distance intercity routes on vehicle available through the Swvl platform or through third-party services; and Swvl Business, a transport as a service enterprise product for businesses, schools, municipal transit agencies, and other customers. The company was incorporated in 2017 and ... [Read more]

Sector Technology
Founded 2017
Employees 606
Stock Exchange NASDAQ
Ticker Symbol SWVL
Full Company Profile

Financial Performance

In 2021, Swvl Holdings's revenue was $38.35 million, an increase of 121.49% compared to the previous year's $17.31 million. Losses were -$141.42 million, 375.7% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SWVL stock is "Buy." The 12-month stock price forecast is $123.25, which is an increase of 10,344.92% from the latest price.

Price Target
$123.25
(10,344.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Swvl Regains Compliance with Nasdaq Minimum Bid Price Rule

DUBAI, United Arab Emirates, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, tod...

1 month ago - GlobeNewsWire

Swvl Announces Reverse Share Split

DUBAI, United Arab Emirates, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, tod...

2 months ago - GlobeNewsWire

Swvl Receives Nasdaq Non-Compliance Notice

DUBAI, United Arab Emirates, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, tod...

2 months ago - GlobeNewsWire

5 Investors Betting Big on Swvl (SWVL) Stock

Swvl (NASDAQ: SWVL) stock closed higher by 115% today on seemingly no immediate company-specific news. Swvl operates as a transportation provider and is also the first African company to list on the ...

2 months ago - InvestorPlace

Swvl Announces Commencement of Strategic Review Process

DUBAI, United Arab Emirates, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, tod...

3 months ago - GlobeNewsWire

What Is Going on With SWVL Stock Today?

SWVL Holdings (NASDAQ: SWVL), a Dubai-based transit software company, jumped 50% on speculation on Stocktwits that the company might survive. SWVL stock closed at 10 cents per share on Dec. 21 and wa...

3 months ago - InvestorPlace

Swvl Layoffs 2022: What to Know About the Latest SWVL Job Cuts

Swvl (NASDAQ: SWVL) layoffs are here again as the micro-mobility company seeks to reduce costs by cutting more than 50% of its workforce. According to Swvl, these latest job cuts are part of its ongo...

4 months ago - InvestorPlace

Swvl Reports Further Steps in its Portfolio Optimization Program

DUBAI, United Arab Emirates, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, tod...

4 months ago - GlobeNewsWire

Swvl Reports Receipt of Nasdaq Minimum Bid Price Notification

DUBAI, United Arab Emirates, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, tod...

5 months ago - GlobeNewsWire

Swvl Announces 58% of its Portfolio Turns Adjusted EBITDA Breakeven

Egypt, Turkey, Germany, Kenya, and Jordan turned Adjusted EBITDA positive or breakeven in August

6 months ago - GlobeNewsWire

Swvl Announces Initiation of Equity Analyst Coverage by Alliance Global and Barclays with price targets of $5 and $1.5 respectively

Barclays equity research analyst Ross Sandler and Alliance Global analyst C. K. Poe Fratt initiated coverage with price targets substantially higher than Swvl's current trading price Barclays equity r...

6 months ago - GlobeNewsWire

Swvl Announces Initiation of Equity Analyst Coverage by Baird with "Outperform" Rating

Baird equity research analyst Ben Kallo initiated coverage with a price target of $8 NEW YORK , Sept. 12, 2022 /PRNewswire/ -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ: SWVL), a global pro...

6 months ago - PRNewsWire

Swvl Announces First Half 2022 Results

Second Quarter 2022 represents another record-breaking quarter based on revenue, growing total bookings 3.7x YoY and crossing the 100 mn total bookings milestone Total ticket fares of $56.0 mn in six ...

7 months ago - PRNewsWire

Swvl Announces $20 Million Private Placement

If all the warrants are exercised for cash, the Company will receive an additional $30 million in gross proceeds Follows the announcement of Swvl's portfolio optimization program to turn cash flow pos...

8 months ago - PRNewsWire

Swvl Adds a New Key Partner, City Group, the Leading Mass Transit Operator in Kuwait, to its SaaS Offering

NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company") (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced its  entry into a s...

8 months ago - PRNewsWire

Swvl's Founders, SPAC Sponsor and Certain Pre-Business Combination Investors Voluntarily Extend Lock-Up Reinforcing Long-Term Commitment

Lock-Up Extensions apply to approximately 84% of the total number of currently outstanding Swvl shares Founders, SPAC Sponsor and certain Pre-Business Combination Investors have extended lockups to 6 ...

9 months ago - PRNewsWire

Swvl Announces Portfolio Optimization Program to Turn Cash Flow Positive in 2023

Swvl is implementing a portfolio optimization program to focus on its highest profitability operations, enhance efficiency and reduce central costs Capitalizes on the highest profitability operations ...

10 months ago - PRNewsWire

SWVL plans to lay off 32% of its team two months after going public

Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce, it said in a statement today. The company's LinkedIn profile shows it has over 1,330 employees.

10 months ago - TechCrunch

What Is the Smart Bus News Lifting Swvl (SWVL) Stock Today?

Swvl (SWVL) stock is taking off on Thursday as investors react to it acquiring mass transit company Zeelo for an undisclosed amount. The post What Is the Smart Bus News Lifting Swvl (SWVL) Stock Today...

11 months ago - InvestorPlace

Why Swvl Holdings Stock Is Surging

Swvl Holdings Corp (NASDAQ: SWVL) shares are surging Thursday after the company announced it entered into a definitive agreement to acquire smart bus platform Zeelo. Swvl said the acquisition will pro...

11 months ago - Benzinga

Swvl Announces Definitive Agreement to Acquire Zeelo to Become a Leading Global Mass Transit Tech Platform by Footprint, Expanding Footprint to USA & South Africa and Increasing Presence in UK

Expands Swvl's global footprint to 146 cities across 21 countries in 5 continents with contracts with over 490 corporate and institutional customers, to service daily bus journeys for frontline shift-...

11 months ago - PRNewsWire

Swvl Expands Further in Europe with Acquisition of Volt Lines, Turkey's Leading Provider of Tech-Enabled Mass Transit Solutions

Volt Lines has more than 110 institutional clients including Mondelez, Axa Insurance, Pirelli, CMA-CGM, MetLife and ICBC Adds incremental $4.3m annualized revenue forecasted based upon Q1 2022 results...

11 months ago - PRNewsWire

All eyes are on Swvl as it starts trading on a SPAC combination

Mass transit and shared mobility provider Swvl went public today in a landmark moment for Egyptian and Middle Eastern tech ecosystems. It's also a test for the company going public despite a market th...

1 year ago - TechCrunch

SWVL DELIVERS ANOTHER EXCEPTIONAL SET OF RESULTS BEATING ESTIMATES FOR THE SECOND QUARTER IN A ROW IN Q4 2021 AND AGAIN IN EARLY Q1 2022

Total annualized ticket fares of $93.6 million in December 2021 beating estimates by 18%, closed acquisitions of controlling interests in Shotl and Viapool provide further significant upside Total tic...

1 year ago - PRNewsWire

Swvl Continues To Build Out Board Of Directors With Appointment Of W. Steve Albrecht, Ex-President Of The American Accounting Association, As Audit Chair

DUBAI, UAE, Dec. 6, 2021 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, today announced that upon the completion of its p...

1 year ago - PRNewsWire