Anghami Inc.
Key Metrics
- Previous Close
- $3.39
- 52-Week Range
- $2.25 – $7.89
- Market Cap
- $30.82M
- P/E (TTM)
- —
- EPS (TTM)
- -13.16
- Dividend Yield
- —
Advanced Metrics
- Price/Book
- 1.13
- PEG Ratio
- —
- Return on Equity
- -211.58%
- Return on Assets
- -38.02%
- Gross Margin
- -25.43%
- Operating Margin
- -70.42%
- Profit Margin
- -90.10%
- Current Ratio
- 0.49
- Debt/Equity
- 0.00
- Total Debt
- $126.18K
- Free Cash Flow
- $-10.53M
- Revenue Growth
- 5.30%
- Earnings Growth
- —
- Enterprise Value
- $7.24M
Market Snapshot
About
Anghami Inc. operates the leading music streaming platform in the Middle East and North Africa (MENA) region. Headquartered in Abu Dhabi, United Arab Emirates, the company provides unlimited Arabic and international music streaming services to users across 23 countries. Anghami's platform features over 72 million songs and offers both free ad-supported and premium subscription tiers, alongside podcasts and live radio content. The company serves approximately 120 million registered users and distinguishes itself through exclusive licensing agreements with major Arabic music labels and artists, providing the most comprehensive Arabic music catalog in the market.
Anghami became the first Arab tech company to list on NASDAQ in February 2022 through a SPAC merger. The platform generates revenue through premium subscriptions, advertising, and partnerships with telecommunications providers across the region. The company has expanded beyond music streaming into the broader creator economy, launching Anghami Labs to support independent artists and implementing live events and concerts. Strategic partnerships with regional telecom operators including Etisalat and Ooredoo provide bundled subscription offerings that drive user acquisition. The company competes with global platforms like Spotify and Apple Music while maintaining a competitive advantage through its localized content, regional partnerships, and deep understanding of Arabic-speaking audiences' preferences and cultural nuances.