The company provides mobility solutions for enterprises, government, and individual commuters across multiple markets with clients such as Amazon, Bosch, E&Y, P&G and Siemens. Swvl launched operations in Kuwait in January 2026, securing a $2.2M contract. Revenue grew 46% quarter-over-quarter to $6.5 million with gross margin increasing by 28.3% quarter-over-quarter to $1.4 million.
Cyborg Score Rationale
Analysts have given the stock a consensus rating of 'Sell'. The stock trades at $1.72 with a 12-month low of $1.32 and high of $5.24. The stock has significantly declined from its all-time high of $285 in April 2022.
Top Insights
Revenue showing strong quarterly growth (46% QoQ) with improving margins and 78% recurring revenue
Achieved profitability with $0.8M net profit in Q1 2025 after years of losses
Geographic expansion into Europe (UK SaaS launch) and Middle East (Kuwait operations 2026)