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Elite Express Holding vs Swvl Holdings

Swvl Holdings is the larger business, with $24.2m of revenue in fiscal 2025 against $2.7m for Elite Express Holding (9.1 times as much). Swvl Holdings kept more of each dollar of sales as profit: a net margin of 5.4% against -82.0%. Elite Express Holding carries less debt relative to equity (0.0% against 7.6%).

Latest fiscal yearElite Express HoldingETS, 2025Swvl HoldingsSWVL, 2025
Revenue $2.7m $24.2m
Revenue growth — 40.5%
Net income −$2.2m $1.3m
Operating margin -93.9% -2.0%
Net margin -82.0% 5.4%
Return on equity -16.6% 32.0%
Free cash flow −$2.9m −$2.1m
Cash $1.3m $4.4m
Total debt $0 $451,336
Debt to equity 0.0% 7.6%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 26 —
Market value $84.8m $41.8m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.