Quarterly ResultOct 8, 2026, 08:06 AM
Swvl Holdings Corp Reports H1 2026 Net Loss of $520K on Increased Revenue
AI Summary
Swvl Holdings Corp announced its unaudited condensed interim consolidated financial results for the six-month periods ended June 30, 2026 and 2025. The company reported a net loss of $520,182 for H1 2026, a shift from a profit of $432,200 in H1 2025. Revenue saw a significant increase, rising to $16.22 million from $10.19 million year-over-year. However, operating expenses also increased, leading to a wider operating loss of $0.57 million compared to $0.42 million in the prior year period. Total assets and total equity both declined, while cash reserves were reduced.
Key Highlights
- Swvl Holdings Corp reported a net loss of $520,182 for the six-month period ended June 30, 2026, compared to a profit of $432,200 in the prior year period.
- Revenue increased to $16.22 million for H1 2026 from $10.19 million in H1 2025.
- Operating loss widened to $0.57 million in H1 2026 from $0.42 million in H1 2025.
- Total assets decreased to $19.42 million as of June 30, 2026, from $20.04 million as of December 31, 2025.
- Total equity decreased to $2.31 million as of June 30, 2026, from $2.95 million as of December 31, 2025.
- Cash and cash equivalents decreased to $2.09 million as of June 30, 2026, from $4.41 million as of December 31, 2025.
- Basic loss per share was $(0.05) for H1 2026, compared to earnings per share of $0.04 for H1 2025.
Price Impact
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