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Side-by-side financial comparison of Anghami Inc (ANGH) and Gogo Inc. (GOGO). Click either name above to swap in a different company.

Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $18.9M, roughly 12.2× Anghami Inc). Gogo Inc. runs the higher net margin — -4.3% vs -63.2%, a 58.9% gap on every dollar of revenue.

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.

Gogo Inc. is an American provider of in-flight broadband Internet service and other connectivity services for business aircraft, headquartered in Broomfield, Colorado. Through its Gogo LLC subsidiary, Gogo previously provided in-flight WiFi to 17 airlines until the Commercial Air business was sold to Intelsat for $400 million in December 2020. According to Gogo, over 2,500 commercial aircraft and 6,600 business aircraft have been equipped with its onboard Wi-Fi services. The company is the de...

ANGH vs GOGO — Head-to-Head

Bigger by revenue
GOGO
GOGO
12.2× larger
GOGO
$230.6M
$18.9M
ANGH
Higher net margin
GOGO
GOGO
58.9% more per $
GOGO
-4.3%
-63.2%
ANGH

Income Statement — Q2 2024 vs Q4 2025

Metric
ANGH
ANGH
GOGO
GOGO
Revenue
$18.9M
$230.6M
Net Profit
$-12.0M
$-10.0M
Gross Margin
17.4%
Operating Margin
-52.2%
6.2%
Net Margin
-63.2%
-4.3%
Revenue YoY
67.3%
Net Profit YoY
64.6%
EPS (diluted)
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ANGH
ANGH
GOGO
GOGO
Q4 25
$230.6M
Q3 25
$223.6M
Q2 25
$226.0M
Q1 25
$230.3M
Q4 24
$137.8M
Q3 24
$100.5M
Q2 24
$18.9M
$102.1M
Q1 24
$104.3M
Net Profit
ANGH
ANGH
GOGO
GOGO
Q4 25
$-10.0M
Q3 25
$-1.9M
Q2 25
$12.8M
Q1 25
$12.0M
Q4 24
$-28.2M
Q3 24
$10.6M
Q2 24
$-12.0M
$839.0K
Q1 24
$30.5M
Gross Margin
ANGH
ANGH
GOGO
GOGO
Q4 25
Q3 25
Q2 25
87.8%
Q1 25
87.3%
Q4 24
Q3 24
Q2 24
17.4%
Q1 24
Operating Margin
ANGH
ANGH
GOGO
GOGO
Q4 25
6.2%
Q3 25
12.9%
Q2 25
15.9%
Q1 25
15.3%
Q4 24
-17.5%
Q3 24
19.0%
Q2 24
-52.2%
21.2%
Q1 24
33.2%
Net Margin
ANGH
ANGH
GOGO
GOGO
Q4 25
-4.3%
Q3 25
-0.9%
Q2 25
5.7%
Q1 25
5.2%
Q4 24
-20.5%
Q3 24
10.6%
Q2 24
-63.2%
0.8%
Q1 24
29.2%
EPS (diluted)
ANGH
ANGH
GOGO
GOGO
Q4 25
$-0.08
Q3 25
$-0.01
Q2 25
$0.09
Q1 25
$0.09
Q4 24
$-0.22
Q3 24
$0.08
Q2 24
$0.01
Q1 24
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ANGH
ANGH
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$26.9M
$125.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$94.6M
$101.1M
Total Assets
$143.1M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANGH
ANGH
GOGO
GOGO
Q4 25
$125.2M
Q3 25
$133.6M
Q2 25
$102.1M
Q1 25
$70.3M
Q4 24
$41.8M
Q3 24
$176.7M
Q2 24
$26.9M
$161.6M
Q1 24
$152.8M
Stockholders' Equity
ANGH
ANGH
GOGO
GOGO
Q4 25
$101.1M
Q3 25
$107.0M
Q2 25
$102.8M
Q1 25
$82.9M
Q4 24
$69.3M
Q3 24
$52.7M
Q2 24
$94.6M
$52.0M
Q1 24
$62.4M
Total Assets
ANGH
ANGH
GOGO
GOGO
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$810.7M
Q2 24
$143.1M
$802.7M
Q1 24
$809.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ANGH
ANGH
GOGO
GOGO
Operating Cash FlowLast quarter
$8.5M
Free Cash FlowOCF − Capex
$-25.4M
FCF MarginFCF / Revenue
-11.0%
Capex IntensityCapex / Revenue
14.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANGH
ANGH
GOGO
GOGO
Q4 25
$8.5M
Q3 25
$46.8M
Q2 25
$36.7M
Q1 25
$32.5M
Q4 24
$-38.3M
Q3 24
$25.1M
Q2 24
$24.9M
Q1 24
$29.7M
Free Cash Flow
ANGH
ANGH
GOGO
GOGO
Q4 25
$-25.4M
Q3 25
$27.3M
Q2 25
$33.5M
Q1 25
$29.7M
Q4 24
$-42.6M
Q3 24
$20.7M
Q2 24
$21.6M
Q1 24
$28.2M
FCF Margin
ANGH
ANGH
GOGO
GOGO
Q4 25
-11.0%
Q3 25
12.2%
Q2 25
14.8%
Q1 25
12.9%
Q4 24
-30.9%
Q3 24
20.6%
Q2 24
21.1%
Q1 24
27.0%
Capex Intensity
ANGH
ANGH
GOGO
GOGO
Q4 25
14.7%
Q3 25
8.7%
Q2 25
1.4%
Q1 25
1.2%
Q4 24
3.1%
Q3 24
4.4%
Q2 24
3.3%
Q1 24
1.4%
Cash Conversion
ANGH
ANGH
GOGO
GOGO
Q4 25
Q3 25
Q2 25
2.87×
Q1 25
2.70×
Q4 24
Q3 24
2.36×
Q2 24
29.74×
Q1 24
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ANGH
ANGH

Segment breakdown not available.

GOGO
GOGO

Services$191.9M83%
Products$38.7M17%
Fcc Reimbursement Program$2.0M1%

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