Anghami Inc. (ANGH) 10-Year Financial Performance & Capital Metrics

ANGH • • Industrial / General

Communication ServicesEntertainmentStreaming & Digital Media PlatformsMusic Streaming & Digital Audio

AboutAnghami 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.Show more

Revenue $78M +88.7%
EBITDA -$56M -392.5%
Net Income -$64M -301.9%
EPS (Diluted) -11.00 -266.7%
Gross Margin -30.76% -223.7%
EBITDA Margin -71.51% -160.9%
Operating Margin -79.57% -126.2%
Net Margin -81.38% -113.0%
ROE -285.36%
ROIC -254.53%
Debt/Equity 0.21
Interest Coverage -749.60 -1282.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 20.1%
✓Trading at only 0.4x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y20.12%

3Y30.05%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-

EPS CAGR

10Y-

5Y-

3Y-

TTM-

ROCE

10Y Avg-81.56%

5Y Avg-81.56%

3Y Avg-206.34%

Latest-206.34%

Peer Comparison

Music Streaming & Digital Audio

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ZNBZeta Network Group	102.4M	0.70	-0.00		-16.14%	-487.02%		0.06
ANGHAnghami Inc.	33.45M	3.69	-0.34	88.72%	-81.38%	-6.88%		0.21
LVOLiveOne, Inc.	49.44M	4.31	-2.05	-3.41%	-28.66%		6.56%

Profit & Loss

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	31.23M	0	35.5M	48.48M	41.38M	78.09M
Revenue Growth %	-	-1%	-	0.37%	-0.15%	0.89%
Cost of Goods Sold+	21.55M	0	26.46M	39.13M	31.09M	102.12M
COGS % of Revenue	0.69%	-	0.75%	0.81%	0.75%	1.31%
Gross Profit+	9.67M	0	9.04M	9.35M	10.29M	-24.02M
Gross Margin %	0.31%	-	0.25%	0.19%	0.25%	-0.31%
Gross Profit Growth %	-	-1%	-	0.03%	0.1%	-3.33%
Operating Expenses+	14.92M	576.32K	22.61M	26.73M	24.85M	38.12M
OpEx % of Revenue	0.48%	-	0.64%	0.55%	0.6%	0.49%
Selling, General & Admin	14.92M	576.32K	24.36M	29.96M	24.48M	38.09M
SG&A % of Revenue	0.48%	-	0.69%	0.62%	0.59%	0.49%
Research & Development	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-
Other Operating Expenses	0	0	-1.75M	-3.23M	366K	24.13K
Operating Income+	-5.25M	-576.32K	-13.56M	-17.38M	-14.56M	-62.14M
Operating Margin %	-0.17%	-	-0.38%	-0.36%	-0.35%	-0.8%
Operating Income Growth %	-	0.89%	-22.54%	-0.28%	0.16%	-3.27%
EBITDA+	-4.58M	941.64K	-12.61M	-13.58M	-11.34M	-55.84M
EBITDA Margin %	-0.15%	-	-0.36%	-0.28%	-0.27%	-0.72%
EBITDA Growth %	-	1.21%	-14.39%	-0.08%	0.17%	-3.92%
D&A (Non-Cash Add-back)	668.62K	0	952.54K	3.79M	3.22M	6.3M
EBIT	-5.33M	941.64K	-15.48M	-59.78M	-14.74M	-61.74M
Net Interest Income+	-975.03K	49.6K	-2.53M	-537.72K	-249.56K	455.98K
Interest Income	3.31K	49.6K	145.11K	15.04K	18.96K	538.88K
Interest Expense	978.33K	0	2.68M	552.75K	268.52K	82.9K
Other Income/Expense	-1.06M	1.52M	-4.15M	-42.95M	-452.84K	319.05K
Pretax Income+	-6.31M	941.64K	-17.71M	-60.33M	-15.01M	-61.82M
Pretax Margin %	-0.2%	-	-0.5%	-1.24%	-0.36%	-0.79%
Income Tax+	638.97K	0	340K	892.94K	654.99K	1.77M
Effective Tax Rate %	1.07%	1%	1%	1.01%	1.05%	1.03%
Net Income+	-6.75M	941.64K	-17.79M	-61.02M	-15.81M	-63.55M
Net Margin %	-0.22%	-	-0.5%	-1.26%	-0.38%	-0.81%
Net Income Growth %	-	1.14%	-19.89%	-2.43%	0.74%	-3.02%
Net Income (Continuing)	-6.95M	941.64K	-18.05M	-61.22M	-15.67M	-63.59M
Discontinued Operations	0	0	0	0	0	0
Minority Interest	-700.08K	0	-1.12M	-1.32M	-1.17M	-1.21M
EPS (Diluted)+	-1.30	0.18	-3.45	-11.75	-3.00	-11.00
EPS Growth %	-	1.14%	-19.8%	-2.41%	0.74%	-2.67%
EPS (Basic)	-1.30	0.18	-3.45	-11.75	-3.00	-11.00
Diluted Shares Outstanding	5.15M	5.13M	5.15M	5.2M	5.29M	5.76M
Basic Shares Outstanding	5.15M	5.13M	5.15M	5.2M	5.29M	5.76M
Dividend Payout Ratio	-	-	-	-	-	-

Balance Sheet

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	8.64M	709.88K	10.49M	18.1M	15.1M	30.75M
Cash & Short-Term Investments	1.26M	709.88K	1.08M	3.14M	6.24M	14.17M
Cash Only	1.26M	709.88K	649.97K	3.12M	6.24M	14.15M
Short-Term Investments	0	0	433.66K	17.95K	536	22.78K
Accounts Receivable	6.51M	0	8.62M	13.11M	8.25M	15.32M
Days Sales Outstanding	76.14	-	88.59	98.67	72.77	71.59
Inventory	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-
Other Current Assets	0	0	0	0	0	0
Total Non-Current Assets+	2.08M	100.05M	2.54M	11.54M	4.36M	93.33M
Property, Plant & Equipment	678.07K	0	446.09K	2.5M	1.96M	1.57M
Fixed Asset Turnover	46.05x	-	79.59x	19.41x	21.17x	49.80x
Goodwill	0	0	0	600K	600K	0
Intangible Assets	1.38M	0	2.04M	7.6M	1.18M	91.76M
Long-Term Investments	0	100.05M	48.14K	833.5K	619.69K	0
Other Non-Current Assets	0	0	0	0	0	0
Total Assets+	10.72M	100.76M	13.03M	29.63M	19.46M	124.08M
Asset Turnover	2.91x	-	2.73x	1.64x	2.13x	0.63x
Asset Growth %	-	8.4%	-0.87%	1.28%	-0.34%	5.37%
Total Current Liabilities+	22.73M	155K	40.36M	34.7M	32.3M	51.01M
Accounts Payable	4.4M	0	5.76M	12.31M	10.19M	11.95M
Days Payables Outstanding	74.5	-	79.49	114.84	119.69	42.72
Short-Term Debt	5.76M	0	18.65M	192K	7.39K	9.93K
Deferred Revenue (Current)	1000K	0	1000K	1000K	1000K	1000K
Other Current Liabilities	10.53M	155K	12.28M	17.23M	1.14M	538.83K
Current Ratio	0.38x	4.58x	0.26x	0.52x	0.47x	0.60x
Quick Ratio	0.38x	4.58x	0.26x	0.52x	0.47x	0.60x
Cash Conversion Cycle	-	-	-	-	-	-
Total Non-Current Liabilities+	623.94K	10.28M	316.6K	869.75K	1.26M	14.43M
Long-Term Debt	180.06K	0	0	0	0	12.05M
Capital Lease Obligations	319.41K	0	135.97K	168.8K	58.44K	213.22K
Deferred Tax Liabilities	17.9K	0	14.63K	0	0	0
Other Non-Current Liabilities	106.57K	10.28M	166.01K	700.95K	831.28K	2.16M
Total Liabilities	23.35M	10.43M	40.99M	36.07M	33.56M	65.43M
Total Debt+	6.26M	0	18.78M	360.8K	170.9K	12.3M
Net Debt	4.99M	-709.88K	18.13M	-2.76M	-6.07M	-1.85M
Debt / Equity	-	-	-	-	-	0.21x
Debt / EBITDA	-	-	-	-	-	-
Net Debt / EBITDA	-	-0.75x	-	-	-	-
Interest Coverage	-5.37x	-	-5.06x	-31.44x	-54.22x	-749.60x
Total Equity+	-12.63M	90.33M	-27.96M	-6.44M	-14.1M	58.64M
Equity Growth %	-	8.15%	-1.31%	0.77%	-1.19%	5.16%
Book Value per Share	-2.45	17.60	-5.43	-1.24	-2.67	10.18
Total Shareholders' Equity	-11.93M	90.33M	-26.84M	-5.12M	-12.92M	59.85M
Common Stock	30.09K	100M	8.54K	2.6K	2.97K	6.69K
Retained Earnings	0	-9.67M	0	0	-138.95M	-202.5M
Treasury Stock	0	0	0	0	0	0
Accumulated OCI	-37.01M	0	-58.95M	-121.62M	0	0
Minority Interest	-700.08K	0	-1.12M	-1.32M	-1.17M	-1.21M

Cash Flow

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.04M	-421.32K	-14.14M	17.06K	-3.88M	-47.36M
Operating CF Margin %	-0.03%	-	-0.4%	0%	-0.09%	-0.61%
Operating CF Growth %	-	0.59%	-32.57%	1%	-228.5%	-11.2%
Net Income	-6.75M	941.64K	-17.79M	-61.02M	-15.81M	-63.55M
Depreciation & Amortization	668.62K	0	952.54K	3.79M	3.22M	6.3M
Stock-Based Compensation	0	0	0	0	0	0
Deferred Taxes	638.97K	0	340K	876.93K	654.99K	1.77M
Other Non-Cash Items	919.82K	-1.52M	5.17M	36.79M	2.95M	-1.63M
Working Capital Changes	3.48M	155K	-2.82M	19.58M	5.11M	9.75M
Change in Receivables	-2.64M	0	-4.23M	-4.2M	5.1M	-8.42M
Change in Inventory	0	0	0	0	0	0
Change in Payables	5.29M	155K	1.25M	22.34M	-317.88K	-296.21K
Cash from Investing+	-995.92K	-100M	-1.49M	-12.58M	-1.31M	-1.04M
Capital Expenditures	-995.92K	0	-1.34M	-11.16M	-1.31M	-1.29M
CapEx % of Revenue	0.03%	-	0.04%	0.23%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-
Investments	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0
Cash from Financing+	2.53M	101.13M	10.65M	15.04M	8.31M	56.31M
Debt Issued (Net)	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-
Other Financing	0	0	0	-4M	3.54M	43.44M
Net Change in Cash	-	-	-	-	-	-
Free Cash Flow+	-1.08M	-421.32K	-14.31M	17.06K	-3.98M	-47.41M
FCF Margin %	-0.03%	-	-0.4%	0%	-0.1%	-0.61%
FCF Growth %	-	0.61%	-32.96%	1%	-234.31%	-10.91%
FCF per Share	-0.21	-0.08	-2.78	0.00	-0.75	-8.23
FCF Conversion (FCF/Net Income)	0.15x	-0.45x	0.80x	-0.00x	0.25x	0.75x
Interest Paid	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0

Key Ratios

Metric	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	2.42%	-57.04%	-	-	-285.36%
Return on Invested Capital (ROIC)	-	-1.05%	-25.5%	-	-	-254.53%
Gross Margin	30.98%	-	25.47%	19.29%	24.87%	-30.76%
Net Margin	-21.6%	-	-50.1%	-125.86%	-38.21%	-81.38%
Debt / Equity	-	-	-	-	-	0.21x
Interest Coverage	-5.37x	-	-5.06x	-31.44x	-54.22x	-749.60x
FCF Conversion	0.15x	-0.45x	0.80x	-0.00x	0.25x	0.75x
Revenue Growth	-	-100%	-	36.55%	-14.65%	88.72%

Revenue by Geography

	2021	2022	2023
UNITED ARAB EMIRATES	5.98M	12.75M	11.83M
UNITED ARAB EMIRATES Growth	-	113.21%	-7.21%
SAUDI ARABIA	8.29M	14.61M	9.66M
SAUDI ARABIA Growth	-	76.26%	-33.90%
EGYPT	8.9M	9.8M	9.33M
EGYPT Growth	-	10.18%	-4.86%
LEBANON	4.83M	3.57M	3.46M
LEBANON Growth	-	-26.11%	-3.23%
KUWAIT	1.9M	1.76M	1.27M
KUWAIT Growth	-	-7.67%	-27.99%
JORDAN	1.04M	1.13M	1.23M
JORDAN Growth	-	8.63%	8.28%
OthersMember	4.56M	-	-
OthersMember Growth	-	-	-

Frequently Asked Questions

Growth & Financials

Anghami Inc. (ANGH) reported $78.1M in revenue for fiscal year 2024. This represents a 150% increase from $31.2M in 2019.

Anghami Inc. (ANGH) grew revenue by 88.7% over the past year. This is strong growth.

Anghami Inc. (ANGH) reported a net loss of $6.3M for fiscal year 2024.

Dividend & Returns

Anghami Inc. (ANGH) has a return on equity (ROE) of -285.4%. Negative ROE indicates the company is unprofitable.

Anghami Inc. (ANGH) had negative free cash flow of $0.8M in fiscal year 2024, likely due to heavy capital investments.

← Back to Screener