Swvl Announces H1 2026 Results; Revenue Up 59% to $16.2 Million; GCC Revenue Up 107%; Dollar-Pegged Revenue Up to 44% of Revenue; Net Dollar Retention of 123%

Revenue grew 59% year-over-year to $16.2 million; GCC revenue more than doubled (+107%) Gross profit grew 35% year-over-year to $2.9 million Operating margin improved to (3.5%) from (4.1%) as operating expenses fell to 25% of revenue from 29% Recurring revenue rose to 88% of total revenue; dollar-pegged revenue reached 44% of revenue (+107%) Net Dollar Retention of 123% Q2 2026 revenue of $7.99 million, up 51% year-over-year Subsequent to period end, $14.5 million gross private placement signed