Anghami Reports Strong Preliminary H1 2022 Results With 29% Y-O-Y Revenue and 41% Y-O-Y Monthly Subscriber Growth
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
