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Share capital (Tables)

12 Months Ended

Dec. 31, 2025

Share capital

Summary of share capital

​

​	​	​	​	​	​	​	​	​
​	​ ​ ​	As of 31 December 2025				As of 31 December 2024
​	​ ​ ​	Authorised	​ ​ ​	Issued	​ ​ ​	Authorised	​ ​ ​	Issued
Class A ordinary shares	​ ​ ​	20,000,000	​	9,964,344	​	20,000,000	​ ​ ​	9,898,516
Preferred shares		55,000,000	​	—	​	55,000,000		—
​	​	75,000,000	​	9,964,344	​	75,000,000	​	9,898,516

​

​	​	​	​	​	​	​	​	​
​	​	As of 31 December 2025				As of 31 December 2024
​	​	Number	​	Share	​	Number	​	Share
​	​ ​ ​	of shares	​ ​ ​	capital	​ ​ ​	of shares	​ ​ ​	capital
Issuance of shares in the normal course of business	​	5,191,300	​	12,976	​	5,125,472	​	12,812
Issuance of shares to Swvl Inc. shareholders		3,411,410	​	8,529	​	3,411,410	​	8,529
Issuance of shares to SPAC shareholders		557,960	​	1,395	​	557,960	​	1,395
Conversion of convertible notes		645,018	​	1,613	​	645,018	​	1,613
Issuance of shares to PIPE investors		158,656	​	397	​	158,656	​	397
​	​	9,964,344	​	24,910	​	9,898,516	​	24,746

Summary of share premium

​

​	​	​
​	​ ​ ​	As of 31 December 2025
​	​	Share Premium
Issuance of shares to Swvl Inc. shareholders		88,873,188
Conversion of convertible notes		145,952,505
Issuance of share to PIPE investors		39,663,603
Recapitalization costs		121,077,329
Less:		​
Costs attributable to the issuance of shares in connection with the business combination		(8,467,766)
Fair value of earnout shares		(75,550,455)
​	​	311,548,404
Issuance of shares in the normal course of business	​	42,630,925
​		354,179,329

​

​

11 Share capital (continued)

​

c.Share premium: (continued)

​

​	​	​
​	​ ​ ​	As of 31 December 2024
​	​	Share Premium
Issuance of shares to Swvl Inc. shareholders		88,873,188
Conversion of convertible notes		145,952,505
Issuance of share to PIPE investors		39,663,603
Recapitalization costs		121,077,329
Less:		​
Costs attributable to the issuance of shares in connection with the business combination		(8,467,766)
Fair value of earnout shares		(75,550,455)
​	​	311,548,404
Issuance of shares in the normal course of business	​	42,335,364
​		353,883,768

​

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