Anghami IncANGHEarnings & Financial Report
Nasdaq · Communication Services · Communications Services, NEC
Anghami is the first legal music streaming platform and digital distribution company in the Arab world. It launched in November 2012 in Lebanon, providing unlimited Arabic and international music to stream and download for offline mode.
ANGH Q2 FY2024 Key Financial Metrics
Revenue
$18.9M
Gross Profit
$3.3M
Operating Profit
$-9.9M
Net Profit
$-12.0M
Gross Margin
17.4%
Operating Margin
-52.2%
Net Margin
-63.2%
YoY Growth
N/A
Anghami Inc Q2 FY2024 Financial Summary
Anghami Inc reported revenue of $18.9M for Q2 FY2024, with a net profit of $-12.0M (-63.2% margin). Cost of goods sold was $15.6M, operating expenses totaled $13.2M.
Key Financial Metrics
| Total Revenue | $18.9M |
|---|---|
| Net Profit | $-12.0M |
| Gross Margin | 17.4% |
| Operating Margin | -52.2% |
| Report Period | Q2 FY2024 |
Anghami Inc Quarterly Revenue & Net Profit History
Anghami Inc results over the last 3 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2024 | $18.9M | — | $-12.0M | -63.2% |
| Q2 FY2023 | $21.0M | — | $-57.7M | -274.2% |
| Q2 FY2022 | $12.6M | — | N/A | N/A |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | |
|---|---|---|---|
| Revenue | $12.6M | $21.0M | $18.9M |
| YoY Growth | N/A | N/A | N/A |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | |
|---|---|---|---|
| Assets | N/A | $20.5M | $143.1M |
| Liabilities | N/A | $39.2M | $48.5M |
| Equity | N/A | $-18.7M | $94.6M |
Cash Flow
| Q2 2022 | |
|---|---|
| Operating CF | $-4.1M |