SWVL GROWS TOTAL TICKET FARES 4X YEAR ON YEAR IN Q1 2022, BEATING ESTIMATES BY 17% AND RAISES 2022 GUIDANCE FOR SECOND TIME

Total annualized ticket fares of $123m in March, up 31% from end of fourth quarter 2021; M&A pipeline provides further upside opportunities Total Q1 ticket fares of $27m; an increase of 27% quarter-over-quarter and 4.0x year-over-year, beating the Company’s estimates by 17% Beats Q1 total…

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