Logotype for Anghami Inc

Anghami (ANGH) investor relations material

Anghami H2 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Anghami Inc
H2 2024 earnings summary29 Apr, 2025

Executive summary

  • Anghami expanded into video streaming in 2024 via the OSN+ transaction, consolidating nine months of OSN+ results and issuing 36.9 million shares to OSN Streaming, which now holds a 55.25% stake.

  • Revenue grew 88.7% year-over-year to $78.1M, driven by the addition of OSN+; active users rose to 22.4M and subscribers to 3.4M.

  • Net loss widened to $63.6M (from $15.7M in 2023), with negative adjusted EBITDA of $55.3M, mainly due to fixed video content costs and integration expenses.

  • OSN Streaming invested $32M via convertible notes, with an option for an additional $23M; Warner Bros. Discovery acquired a minority stake in OSN Streaming Ltd.

  • The company faces going concern risks due to negative working capital and ongoing losses, but management expects continued funding from shareholders.

Financial highlights

  • Revenue: $78.1M in 2024, up from $41.4M in 2023 (+88.7%).

  • Subscription revenue: $65.0M (+164.7% YoY), advertisement: $11.2M (+13.3%), live events: $1.9M (-72.8%).

  • Gross loss: $(24.0)M (gross margin -30.8%), compared to gross profit of $10.3M in 2023 (24.9% margin).

  • Net loss: $(63.6)M, compared to $(15.7)M in 2023.

  • Adjusted EBITDA: $(55.3)M (-70.8% of revenue), compared to $(11.3)M in 2023.

  • Cash and cash equivalents: $14.1M at year-end 2024.

Outlook and guidance

  • Focus remains on growing music and video streaming subscriptions, optimizing acquisition, and leveraging B2B partnerships.

  • Plans to expand advertising revenue through new ad formats, branded content, and ramping up the OSN+ Ad Tier.

  • Live events are expected to remain a minor revenue stream but support user engagement and brand visibility.

  • Management highlights ongoing risks from currency devaluation, macroeconomic uncertainty, and the need for continued external funding.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Anghami earnings date

Logotype for Anghami Inc
H1 202519 Dec, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Anghami earnings date

Logotype for Anghami Inc
H1 202519 Dec, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Anghami Inc. is a technology company specializing in music streaming and digital entertainment services. It operates a subscription-based platform that provides users with access to a vast catalog of Arabic and international music, podcasts, and other audio content. The company offers personalized recommendations, curated playlists, and social features to enhance user engagement. The company is headquartered in Abu Dhabi, United Arab Emirates, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage