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Revenue
12 Months Ended
Dec. 31, 2025
Revenue.  
Revenue

17

Revenue

The Group derives its revenue principally from end-users who use the Group’s platform to access routes predetermined by the Group or as per agreement with corporate customer. The Group derives revenue from the transfer of services at a point in time. This level of disaggregation takes into consideration how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.

For the year ended 31 December

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

USD

USD

USD

Business to business

  ​ ​ ​

20,267,282

  ​ ​ ​

12,975,199

  ​ ​ ​

16,636,471

Business to customers

 

3,900,606

 

4,232,163

 

6,215,792

 

24,167,888

 

17,207,362

 

22,852,263

The following table presents the Group’s revenue reconciliation disaggregated by geographical location. Revenue by geographical location is based on where the transaction occurred.

  ​ ​ ​

For the year ended 31 December

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

USD

USD

USD

Egypt

 

16,199,075

 

13,545,819

 

20,970,829

Gulf Cooperation Council ("GCC")

 

7,968,813

 

3,661,543

 

1,881,434

 

24,167,888

 

17,207,362

 

22,852,263