PRELIMINARY UNAUDITED RESULTS FOR FIRST HALF OF 2022 First half 2022 revenue increased 29% year-over-year to $21.1 million Active Users1 increased 46% year-over-year to 19.5 million users Monthly Paying Subscribers2 increased 41% year-over-year to 1.28 million subscribers Arabic music streams now account for close to 60% of total music streams – a 20% year-over-year increase Anghami Inc. (NASDAQ:ANGH) (the "Company" or "Anghami"), the leading music and entertainment streaming platform in the Middle East and Africa region ("MENA"), reported today its preliminary results for the first half of 2022 ended June 30, 2022. Total revenue grew 29% year-over-year to $21.1 million. The numb

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Anghami Strengthens Regional Streaming Leadership with up to $55 Million Commitment from OSN Group ABU DHABI, UAE, Dec. 16, 2024 /PRNewswire/ -- Building on the success of their partnership, Anghami Inc. (NASDAQ:ANGH) has announced that it secured a significant new round of funding, from OSN Group of up to USD $55 million with a USD $12 million initial investment in a convertible note program. This investment represents a significant milestone in Anghami Inc.'s journey to redefine digital entertainment in the MENA region, further solidifying its position as the go-to destination for premium audio and video content. Since the initial strategic partnership between OSN and Anghami Inc. in Apri

ABU DHABI, UAE, Nov. 14, 2024 /PRNewswire/ -- Anghami (NASDAQ:ANGH), the leading multi-media streaming platform in the MENA region, announced substantial growth in user engagement and significant operational achievements, reinforcing its position as the region's premier entertainment destination. Strong Performance Metrics and Operational Excellence Anghami has achieved significant cost synergies, while simultaneously driving an 18% increase in Average Revenue Per User (ARPU) on the direct base. Video streaming engagement has shown exceptional momentum, with total hours watched surging by 28% during January-September 2024 compared to the same period in 2023. Elie Habib, CEO of Anghami & OSN

BERLIN and DUBAI, UAE, Sept. 10, 2024 /PRNewswire/ -- castLabs, a global pioneer in premium digital video technology, is thrilled to announce that OSN+, the MENA region's leading premium streaming service, has chosen the company's cloud digital rights management (DRM) licensing service – DRMtoday – to safeguard its extensive library of valuable content.     As Anghami enters a new era of video streaming following its merger with OSN+, the company is spearheading the development of the next generation of the OSN+ platform. Like all the other world-leading streaming services, ensuring the security of intellectual property and delivering uninterrupted access to users is more critical than ever

ABU DHABI, UAE, Sept. 4, 2024 /PRNewswire/ -- Anghami (NASDAQ:ANGH), the leading multi-media streaming platform in the MENA region, announced a 18.3% growth in its video streaming subscriber base and significant strategic developments following its recent transaction with OSN+. Substantial Subscriber Growth and Premium Adoption Since the transaction, Anghami's video streaming user base grew by 18.3% as of the end of July 2024, with the recent premiere of "House of the Dragons" Season 2 serving as a key catalyst. Notably, 47% of new subscribers have opted for the newly launched

Anghami Inc. (NASDAQ:ANGH), the leading streaming platform for music and entertainment in the Middle East and North Africa region, filed its annual report on April 30th, 2024, under Form 20-F for the fiscal year ending December 31, 2023 and announced unaudited preliminary results for Q1 2024, ending March 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240502645142/en/Anghami Files 2023 Annual Report & Announces 2024 Q1 Results (Graphic: AETOSWire) Comparing Q1 2024 to Q1 2023: Premium Subscribers grew 18% reaching 1.87 million Total Revenues grew by 8% Gross Margin improved from 20% to 26% Premium Subscribe

The transaction has received all required regulatory approvals for successful closure OSN Group's investment in Anghami gives it a majority stake at a valuation of $3.69 per share ABU DHABI, UAE, April 2, 2024 /PRNewswire/ -- Anghami Inc. (NASDAQ:ANGH) ("Anghami"), a leading music and entertainment streaming platform, and OSN+, a leading video streaming platform for premium content, today announced the successful completion of their landmark transaction after receiving all regulatory approvals. OSN Group has acquired 55.45% in Anghami, giving it a majority stake at a valuatio

Anghami Inc. (NASDAQ:ANGH), the leading music and entertainment audio platform in the MENA region, and Rotana Music, the Arab world's leading independent record label and largest repertoire owner of Arabic music, media, entertainment, events, and content producer and distributor in the MENA and GCC regions, have announced the expansion of their strategic partnership to include various content and concert collaborations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240312370075/en/Left to right: Kamil Abi Khalil (Head of Production at Anghami), Ahmed Al Rasheed (KSA Manager at Anghami), Salem al-Hindi (CEO of Rotana Music), Edd

Today, Anghami announced preliminary results for its third quarter 2023 performance. The company delivered strong results in Q3 2023 compared to Q3 2022. Additionally, the company shared a host of major strategic and operational updates: Subscribers grew 17% Y/Y reaching 1.73 million, as of September 30, 2023Adjusted Revenue(1) grew 8% Y/Y to $30 million for the 9 months ending September 30, 2023Gross Profit Margin for the 9 months ending September 30, 2023, increased to 22%, a significant improvement compared to 12% in the comparable period of 2022Anghami secured a $5 million strategic investment from SRMG at a valuation of $2.5 per share, aimed at further accelerating growth and leveraging

The combination of OSN+ and Anghami Inc. will be the first regional platform that provides video and music, backed by up to $50 million cash investment in Anghami and bringing together over 120 million registered users, 2.5+ million subscribers and $100+ million revenue at closing The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month ABU DHABI, UAE, Nov. 21, 2023 /PRNewswire/ -- In a milestone transaction set to reshape the MENA media and entertainment landscape, OSN+, the region's leading streaming platform for premium content and Anghami Inc. (NASDAQ:ANGH) ("Anghami"), the leading music and entertainment streaming platform

2022 audited total revenue of $48.5 million, an increase of 37% compared to 2021 Q1 2023 unaudited revenue of $10.2 million, an increase of 6% compared to Q1 2022 (+12% growth at constant currency) Growth in direct subscriptions revenues of 39% was a key contributor to the increase in gross profit margins from 17% to 23%, as well as 16% growth in premium subscribers, all compared to Q1 2022 Strong revenue growth in the advertisements segment, with an increase of 10% compared to Q1 2022 Efficiency and margin improvement initiatives have been successful, resulting in a $3.1M improvement in Q1 2023 EBITDA compared to Q1 2022, bringing us closer to profitability. Anghami Inc. (N