Anghami Reports 97% Revenue Growth Driven by OSN+ Integration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2025
0mins
Source: Newsfilter
Anghami Inc. saw a significant price increase of 53.02% as it crossed above the 5-day SMA, reflecting strong investor interest.
This surge is attributed to Anghami's reported revenue of $48.4 million for H1 2025, marking a 97% year-over-year increase, primarily driven by the integration with OSN+. The substantial growth in paid subscribers, which doubled to 3.54 million, highlights the company's successful user acquisition strategy in the MENA region. Despite facing a loss of $37.1 million due to increased investments, the positive outlook from strategic partnerships, including a $57 million investment from Warner Bros. Discovery, reinforces Anghami's market potential.
The impressive revenue growth and user expansion indicate that Anghami is well-positioned for future success, although profitability challenges remain as the company continues to invest heavily in subscriber acquisition.
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Analyst Views on ANGH
About ANGH
Alamani Inc is a United Arab Emirates-based digital entertainment Company. The Company provides music streaming, podcast streaming, video content delivery, and related online media services across the Middle East and North Africa. The Company offers a catalog of approximately 100 million Arabic and international songs, podcast programming, video clips, and live events, supported by artificial intelligence and machine‑learning systems. It distributes its services through free ad-supported access and premium subscription plans. The Company engages with regional and global music labels, telecom operators, advertisers, and artists to provide content licensing, data-driven advertising solutions, artist analytics, and promotional tools, while also operating live concerts and entertainment venues that complement its digital platform and broaden audience engagement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Subscriber Base Expansion: Paid subscribers exceeded 3.5 million, indicating the company's success in attracting and retaining users, thereby enhancing the diversity and stability of its revenue streams.
- User Registration Surge: Registered users surpassed 130 million, showcasing Anghami's success in user acquisition and market penetration, which signals strong future growth potential.
- Enhanced Market Competitiveness: With the increase in both user numbers and revenue, Anghami's competitiveness in the streaming industry has significantly improved, laying a solid foundation for future expansion and innovation.
See More
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- User Base Expansion: The platform surpassed 3.5 million paying subscribers and over 130 million registered users, indicating successful user acquisition and increased market share amid rising demand for digital entertainment.
- Deepened Strategic Partnerships: Collaborations with platforms like talabat and Noon enhanced content distribution capabilities, while the launch of the Epic Bundle integrated Shahid and Disney+ for the first time, broadening content access and solidifying market position.
- Ongoing Technology Investment: Continued investment in AI-driven content recommendations and the in-house rebuild of the OSN+ platform improved user experience, expected to drive future user growth and revenue increases, enhancing competitive advantage in the streaming market.
See More
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- User Base Expansion: Paid subscribers exceeded 3.5 million, and registered users surpassed 130 million, indicating strong market demand and user attraction in the MENA region, further solidifying Anghami's market leadership.
- Deepened Strategic Partnerships: The $57 million investment from Warner Bros. Discovery and collaborations with Noon and talabat enhanced content partnerships and user acquisition channels, driving improved activation and conversion rates.
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