Communication Services - Entertainment - NASDAQ - AE
$ 0.7401
1.38 %
$ 22 M
Market Cap
-1.23
P/E
Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers a music application and platform that provides Arabic and international music to stream and download. The company was founded in 2012 and is based in Abu Dhabi, the United Arab Emirates.[ Read More ]
The intrinsic value of one ANGH stock under the base case scenario is HIDDEN Compared to the current market price of 0.74 USD, Anghami Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart ANGH
FINANCIALS
41.4 M
REVENUE
-14.6 M
OPERATING INCOME
-15.8 M
NET INCOME
-3.88 M
OPERATING CASH FLOW
-1.31 M
INVESTING CASH FLOW
8.31 M
FINANCING CASH FLOW
11.2 M
REVENUE
-2.37 M
OPERATING INCOME
-1.93 M
NET INCOME
-1.1 M
OPERATING CASH FLOW
-100 K
INVESTING CASH FLOW
3.68 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Anghami Inc.
| Current Assets | 15.1 M |
| Cash & Short-Term Investments | 6.24 M |
| Receivables | 8.25 M |
| Other Current Assets | 615 K |
| Non-Current Assets | 4.36 M |
| Long-Term Investments | 620 K |
| PP&E | 1.96 M |
| Other Non-Current Assets | 1.79 M |
| Current Liabilities | 32.3 M |
| Accounts Payable | 10.2 M |
| Short-Term Debt | 112 K |
| Other Current Liabilities | 22 M |
| Non-Current Liabilities | 1.26 M |
| Long-Term Debt | 58.4 K |
| Other Non-Current Liabilities | 1.2 M |
EFFICIENCY
Earnings Waterfall
Anghami Inc.
| Revenue | 41.4 M |
| Cost Of Revenue | 31.1 M |
| Gross Profit | 10.3 M |
| Operating Expenses | 25.6 M |
| Operating Income | -14.6 M |
| Other Expenses | 1.26 M |
| Net Income | -15.8 M |
RATIOS
24.87%
GROSS MARGIN
-35.18%
OPERATING MARGIN
-38.21%
NET MARGIN
122.36%
ROE
-81.24%
ROA
117.63%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Anghami Inc.
| Net Income | -15.8 M |
| Depreciation & Amortization | 3.22 M |
| Capital Expenditures | -1.31 M |
| Stock-Based Compensation | -177 K |
| Change in Working Capital | 5.41 M |
| Others | 3.52 M |
| Free Cash Flow | -5.12 M |
Wall Street Analysts Price Targets
Anghami Inc.
ANGH has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Anghami Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Anghami Delivers Strong Growth Across Video and Music Service in 2024 with 28% growth in streaming engagement
ABU DHABI, UAE, Nov. 14, 2024 /PRNewswire/ -- Anghami (NASDAQ: ANGH), the leading multi-media streaming platform in the MENA region, announced substantial growth in user engagement and significant operational achievements, reinforcing its position as the region's premier entertainment destination. Strong Performance Metrics and Operational Excellence Anghami has achieved significant cost synergies, while simultaneously driving an 18% increase in Average Revenue Per User (ARPU) on the direct base.
prnewswire.com
- 2 days ago
OSN+ partners with castLabs to enhance content protection with cutting-edge multi-DRM technology, DRMtoday
BERLIN and DUBAI, UAE, Sept. 10, 2024 /PRNewswire/ -- castLabs , a global pioneer in premium digital video technology, is thrilled to announce that OSN+ , the MENA region's leading premium streaming service, has chosen the company's cloud digital rights management (DRM) licensing service – DRMtoday – to safeguard its extensive library of valuable content.
prnewswire.com
- 2 months ago
Anghami Reports 18.3% Subscriber Growth and Strategic Milestones Following OSN+ Transaction
ABU DHABI, UAE, Sept. 4, 2024 /PRNewswire/ -- Anghami (NASDAQ: ANGH), the leading multi-media streaming platform in the MENA region, announced a 18.3% growth in its video streaming subscriber base and significant strategic developments following its recent transaction with OSN+.
prnewswire.com
- 2 months ago
Anghami Files 2023 Annual Report and Announces 2024 Q1 Results, Highlighting 18% Growth in Subscribers and Significant Margin Improvement
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Files 2023 Annual Report and Announces 2024 Q1 Results, Highlighting 18% Growth in Subscribers and Significant Margin Improvement.
businesswire.com
- 6 months ago
Anghami and OSN+ Successfully Complete Milestone Transaction, Creating an Entertainment Powerhouse
The transaction has received all required regulatory approvals for successful closure OSN Group's investment in Anghami gives it a majority stake at a valuation of $3.69 per share ABU DHABI, UAE, April 2, 2024 /PRNewswire/ -- Anghami Inc. (NASDAQ: ANGH) ("Anghami"), a leading music and entertainment streaming platform, and OSN+, a leading video streaming platform for premium content, today announced the successful completion of their landmark transaction after receiving all regulatory approvals. OSN Group has acquired 55.45% in Anghami, giving it a majority stake at a valuation of $3.69 per share, 1.9x the closing price of the stock on Thursday 28th of March.
prnewswire.com
- 7 months ago
Anghami and Rotana Renew Partnership and Expand Scope of Collaborations
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Anghami and Rotana Renew Partnership and Expand Scope of Collaborations.
businesswire.com
- 8 months ago
Anghami Reports 17% Subscriber Growth in Preliminary Unaudited 2023 Q3 Results, with Transformative Strategic Investments from OSN Group and SRMG Ventures
Today, Anghami announced preliminary results for its third quarter 2023 performance. The company delivered strong results in Q3 2023 compared to Q3 2022.
prnewswire.com
- 10 months ago
OSN+ and Anghami Sign Landmark Transaction Set to Transform MENA Entertainment
The combination of OSN+ and Anghami Inc. will be the first regional platform that provides video and music, backed by up to $50 million cash investment in Anghami and bringing together over 120 million registered users, 2.5+ million subscribers and $100+ million revenue at closing The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month ABU DHABI, UAE, Nov. 21, 2023 /PRNewswire/ -- In a milestone transaction set to reshape the MENA media and entertainment landscape, OSN+, the region's leading streaming platform for premium content and Anghami Inc. (NASDAQ: ANGH) ("Anghami"), the leading music and entertainment streaming platform in the Middle East and North Africa have announced a deal that will combine their businesses. A first of its kind in the region, the combination of the two local home-grown brands will offer consumers unprecedented digital aggregation of the best and latest in premium movies, TV shows, music, podcasts and more while providing a rich and seamless user experience.
prnewswire.com
- 11 months ago
3 Extra-Speculative Stocks That Could Make You Very, Very Rich
Speculative stocks are a risky proposition in today's market. With even the Standard and Practices (S&P) 500's stablest giants dropping, small-cap risky stocks don't stand a chance.
investorplace.com
- 1 year ago
3 Overlooked Media Stocks Ready for a Breakout
Media stocks are in the hot seat, as Hollywood writer and actor strikes hit the four-month mark. Already, there's been a bloodbath in the entertainment industry as media stocks like Warner Bros Discovery (NASDAQ: WBD ) and Paramount (NASDAQ: PARA ) fall rapidly.
investorplace.com
- 1 year ago
SRMG Ventures Announces Strategic Investment in Anghami, MENA's Leading Music and Entertainment Streaming Platform
RIYADH, Saudi Arabia--(BUSINESS WIRE)--SRMG Ventures Announces Strategic Investment in Anghami, MENA's Leading Music and Entertainment Streaming Platform.
businesswire.com
- 1 year ago
Anghami Files 2022 Annual Report With 37% Revenue Growth & Announces Q1 2023 Results With 60% Improvement in EBITDA
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Inc. (NASDAQ: ANGH) (the “Company” or “Anghami”), the leading streaming platform for music and entertainment in the Middle East and North Africa (MENA) region, has announced its unaudited preliminary results for Q1 2023, ending March 31, 2023. Despite facing currency-related challenges in Egypt and Lebanon, Anghami successfully achieved a Q1 2023 unaudited revenue of $10.2 million, representing a 6% increase compared to Q1 2022. On a constant currency basis, the increase would have been 12%, demonstrating Anghami’s ability to achieve strong growth despite challenging conditions in Egypt and Lebanon. By streamlining the technology backend, Anghami has been able to reduce technology costs while improving performance and scalability. Furthermore, the platform has optimized its marketing strategy by concentrating on growth channels with the highest retention rates. This approach has led to a remarkable improvement in brand visibility and customer engagement, while also significantly reducing overall marketing expenses. Anghami’s continued emphasis on efficiency and path to profitability led to a substantial increase in gross profit margin, increasing from 17% in Q1 2022 to 23% in Q1 2023, resulting in a significant $3.1 million improvement in EBITDA, a 60% improvement compared to Q1 2022. Anghami's achievements in Q1 2023 can be attributed to a 39% increase in revenue from direct subscriptions (non-telco) channels, a 16% growth in premium subscribers, and improved margins with content providers and telcos when compared to Q1 2022. Revenue from the advertisements segment also grew 10% in Q1 2023 compared to Q1 2022, a 32% increase when Q1 2022 advertisements revenue is adjusted for non-cash barter revenue. The revenue increase in the advertisements segment was driven by Anghami's leading freemium platform and Anghami's unique ability to leverage its wealth of user data, connections with artists, and technology to create highly engaging branded content. These accomplishments underscore the platform’s dedication to fostering sustainable growth and improving margins. As part of its ongoing commitment to increase the Average Revenue Per User (ARPU), Anghami plans to launch the Gold subscription plan in May 2023. This premium offering will feature innovative AI-generated services and several new features, and will coincide with the repricing of legacy telco plans to optimize revenue generation. Although the occurrence of the Holy month of Ramadan in Q1 2023 (which is usually characterized by slower business activity and much lower music consumption in the Middle East) affected certain revenue streams and growth prospects, particularly within the Live Events segment, Anghami's overall performance demonstrates its ability to surmount challenges and deliver significant business improvements. Eddy Maroun, Anghami CEO, remarked, "Our team's exceptional execution in the face of bottlenecks and currency devaluation has culminated in a highly efficient period. Building on Q1 2023’s strong performance, the momentum continues in April 2023 which already shows record growth in revenue in both Subscriptions and Advertisements segments." Elie Habib, Anghami Chairman & CTO, added, "We are eager to continue enhancing efficiency, delivering higher margins, and innovating with our upcoming Gold subscription plan, laying the foundation for a prosperous 2023." On May 16, 2023, Anghami submitted its annual report, including audited financials, for the fiscal year ended December 31, 2022, to the United States Securities and Exchange Commission (SEC) through Form 20-F. The complete annual report can be accessed on Anghami's website: https://www.anghami.com/investors. Continuing its commitment to enhancing margins, Anghami remains dedicated to leveraging the momentum gained from its focus on efficiency throughout 2023. Cautionary Statement Regarding Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Anghami’s actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely as predictions of future events. About Anghami Inc. The leading music streaming technology platform in the Arab world. To learn: https://anghami.com/investors *Source: AETOSWire
businesswire.com
- 1 year ago
8. Profile Summary
Anghami Inc. ANGH
COUNTRY
AE
INDUSTRY
Entertainment
MARKET CAP
$ 22 M
Dividend Yield
0.00%
Description
Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers a music application and platform that provides Arabic and international music to stream and download. The company was founded in 2012 and is based in Abu Dhabi, the United Arab Emirates.
Contact
Al-Khatem Tower, WeWork Hub 71, Abu Dhabi, Abu Dhabi,
https://www.anghami.com
IPO Date
Aug. 21, 2020
Employees
146
Officers
Mr. Fady Ferraye
Head of Curation
Mr. Edgard Jean Maroun
Co-Founder & Director
Ms. Laura Herbin
Chief Financial Officer
Mr. Wassim Slaibi
Head of International Partnerships
Mr. Hossam El Gamal
Chief Brand Officer
Omar Marini
Accounting and Financial Reporting Manager
Sami Faloughi
Corporate Development Director
Christine Harb
Chief Marketing Officer
Ms. Kriszti Ghunaim
Chief Human Resources Officer
Mr. Elias Nabil Habib
Co-Founder, Chief Executive Officer & Director