Swvl Holdings Corp (SWVL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 20, 2026

Risk Assessment Details

Potential Dilution: 570.27% of current shares
Recent Dilution: 0.67% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
10M
Potential Supply
57M
Additional shares possible
Splits
None
Past 2 years

Summary

SWVL currently has 9.96M outstanding shares. with significant dilution risk as 56.8M authorized shares could dilute existing holders by 570.3%. The company has minimally diluted shareholders by 0.67% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 20, 2026

20-F filing | 10.0M shares outstanding

10M 57M
Apr 02, 2025

20-F filing | 9.9M shares outstanding

9.9M 57M
Jun 03, 2024

F-3 filing: Swvl Holdings Corp files an F-3 registration statement to offer and sell up to $100,000,000 of its ordinary shares, warrants or units comprising a combination of Ordinary Shares and warrants from time to time in one or more offerings.

6.8M 60M
Apr 30, 2024

20-F filing | 6.8M shares outstanding

6.8M 60M
Sep 06, 2022

POS AM filing: This prospectus relates to the offer and resale from time to time by the Selling Securityholder of up to 98,573,233 Class A Ordinary Shares that we have issued or that we may, in our discretion, elect to issue and sell to the Selling Securityholder, from time to time pursuant to the Purchase Agreement.

140M 0
Sep 06, 2022

POS AM filing: This is a POS AM filing registering for resale (a) 86,655,440 Class A Ordinary Shares, which includes up to 9,010,567 Earnout Shares and (b) 5,933,333 Private Placement Warrants, (a) 11,500,000 Class A Ordinary Shares issuable upon exercise of the Public Warrants, which warrants were previously registered and (b) 5,933,333 Class A Ordinary Shares issuable upon exercise of the Private Placement Warrants.

140M 0
Aug 29, 2022

POS AM filing: This POS AM filing registers for resale 86,655,440 Class A Ordinary Shares, which includes up to 9,010,567 Earnout Shares and 5,933,333 Private Placement Warrants. It also covers the issuance of 11,500,000 Class A Ordinary Shares upon exercise of Public Warrants and 5,933,333 Class A Ordinary Shares upon exercise of Private Placement Warrants.

140M 0
Aug 29, 2022

POS AM filing: This prospectus relates to the offer and resale from time to time by the Selling Securityholder of up to 98,573,233 Class A Ordinary Shares that we have issued or that we may, in our discretion, elect to issue and sell to the Selling Securityholder, from time to time pursuant to the Purchase Agreement.

140M 0
Aug 29, 2022

F-1 filing: This is an F-1 filing that includes the registration of 30,424,247 Class A Ordinary Shares for resale by Selling Securityholders, 12,121,214 Class A Ordinary Shares issuable upon exercise of the Series A Warrants, and 6,060,607 Class A Ordinary Shares issuable upon exercise of the Series B Warrants. It also mentions 18,181,821 Class A Ordinary Shares issuable upon exercise of the Institutional Investor Warrants for cash.

140M 0
Apr 21, 2022

F-1 filing: This F-1 filing registers for resale 102,939,766 Class A Ordinary Shares by a Selling Securityholder and discloses that the company may receive up to $471,742,855 in gross proceeds from sales of Class A Ordinary Shares under a Purchase Agreement.

120M 89M
Apr 21, 2022

F-1 filing: This F-1 filing registers for resale 87,379,534 Class A Ordinary Shares and 5,933,333 Private Placement Warrants by Selling Securityholders, as well as 11,500,000 Class A Ordinary Shares issuable upon exercise of Public Warrants and 5,933,333 Class A Ordinary Shares issuable upon exercise of Private Placement Warrants, with each Warrant entitling the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, expiring on March 31, 2027.

120M 89M
Apr 15, 2022

20-F filing | 0.0M shares outstanding

1 0
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