Haoxin Holdings vs Swvl Holdings
Haoxin Holdings is the larger business, with $33.0m of revenue in fiscal 2025 against $24.2m for Swvl Holdings (1.4 times as much). Swvl Holdings grew faster (40.5% against 29.2%). Haoxin Holdings kept more of each dollar of sales as profit: a net margin of 12.0% against 5.4%. Swvl Holdings carries less debt relative to equity (7.6% against 38.6%).
| Latest fiscal year | Haoxin HoldingsHXHX, 2025 | Swvl HoldingsSWVL, 2025 |
|---|---|---|
| Revenue | $33.0m | $24.2m |
| Revenue growth | 29.2% | 40.5% |
| Net income | $4.0m | $1.3m |
| Operating margin | 23.6% | -2.0% |
| Net margin | 12.0% | 5.4% |
| Return on equity | 17.3% | 32.0% |
| Free cash flow | −$14.0m | −$2.1m |
| Cash | $1.4m | $4.4m |
| Total debt | $10.7m | $451,336 |
| Debt to equity | 38.6% | 7.6% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.2m | $41.8m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |