Swvl Holdings Corp (Nasdaq: SWVL) reported a 46% increase in revenue to $6.5 million for Q3 2025, with a 28.3% rise in gross margin to $1.4 million. Recurring revenue share reached 78%, and net profit was $0.2 million, maintaining profitability year-to-date.
In the GCC (United Arab Emirates and Kingdom of Saudi Arabia), Swvl saw an 81% revenue increase to $1.7 million and a 133% gross margin increase to $0.5 million. Egypt also experienced a 36.4% revenue growth to $4.76 million, focusing on scaling revenue for future margin improvements.
Swvl continues to focus on accelerating growth, expanding margins, increasing recurring revenue, and entering dollar-pegged markets. Revenue growth accelerated from 12.4% in Q1 2025 to 46% in Q3 2025, with enterprise contracts driving nearly 80% of revenue for enhanced predictability.
CEO Mostafa Kandil emphasized Swvl’s growth engine in core markets, focusing on scaling high-margin enterprise verticals and expanding revenue bases for profitability. CFO Ahmed Misbah highlighted the company’s ability to scale profitably and maintain strong economics with a stable, recurring, and dollar-pegged revenue base.
Read more at GlobeNewswire: Swvl Reports Continued Profitability this Quarter,
