Anghami Reports 27.1% Revenue Growth in FY
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Source: seekingalpha
- Significant Revenue Growth: Anghami's FY revenue reached $99.3 million, reflecting a robust 27.1% year-over-year increase, which underscores the company's strong performance in the music streaming market and solidifies its market position.
- 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.
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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.
Anghami Reports 27.1% Revenue Growth in FY
- Significant Revenue Growth: Anghami's FY revenue reached $99.3 million, reflecting a robust 27.1% year-over-year increase, which underscores the company's strong performance in the music streaming market and solidifies its market position.
- 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
Anghami Reports 27% Revenue Growth in 2025 Financial Results
- Significant Revenue Growth: Anghami's revenue reached $99.3 million in 2025, a 27% increase from $78.1 million in 2024, demonstrating strong momentum in market expansion and user growth across the MENA region.
- 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
Anghami Reports 27% Revenue Growth in 2025 Financial Results
- Significant Revenue Growth: Anghami's revenue reached $99.3 million in 2025, a 27% increase from $78.1 million in 2024, primarily driven by subscriber growth across OSN+ and Anghami Plus, along with the first full-year consolidation of OSN+.
- 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.
- Ongoing Technology Investment: In 2025, Anghami continued to invest in proprietary technology, completing the in-house rebuild of the OSN+ platform, which improved performance and user experience, expected to provide robust support for future growth.
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- Jobless Claims Decrease: Initial jobless claims in the U.S. dropped by 16,000 to 199,000 for the week ending December 27, compared to market estimates of 220,000, reflecting a robust labor market that may positively impact economic recovery.
- Market Volatility: The Dow Jones index fell over 100 points on Wednesday, down 0.28%, indicating cautious market sentiment in response to economic data, although the relatively small declines in real estate and utilities sectors suggest some investor confidence remains in certain industries.
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- Market Reaction: The announcement of the stock offering raised investor concerns, as the significant drop in share price could impact the company's future fundraising capabilities and market confidence, particularly in the current economic climate where investors are sensitive to equity dilution.
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Anghami Reports 27.1% Revenue Growth in FY
- Significant Revenue Growth: Anghami's FY revenue reached $99.3 million, reflecting a robust 27.1% year-over-year increase, which underscores the company's strong performance in the music streaming market and solidifies its market position.
- 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
Anghami Reports 27% Revenue Growth in 2025 Financial Results
- Significant Revenue Growth: Anghami's revenue reached $99.3 million in 2025, a 27% increase from $78.1 million in 2024, demonstrating strong momentum in market expansion and user growth across the MENA region.
- 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
Anghami Reports 27% Revenue Growth in 2025 Financial Results
- Significant Revenue Growth: Anghami's revenue reached $99.3 million in 2025, a 27% increase from $78.1 million in 2024, primarily driven by subscriber growth across OSN+ and Anghami Plus, along with the first full-year consolidation of OSN+.
- 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.
- Ongoing Technology Investment: In 2025, Anghami continued to invest in proprietary technology, completing the in-house rebuild of the OSN+ platform, which improved performance and user experience, expected to provide robust support for future growth.
See More
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- Significant Inventory Decline: U.S. crude oil inventories, excluding the Strategic Petroleum Reserve, fell by 1.934 million barrels for the week ending December 26, marking the largest weekly decline since mid-November and surpassing market expectations of a 0.9 million-barrel drop, indicating a potential rebound in demand that could support oil prices.
- Jobless Claims Decrease: Initial jobless claims in the U.S. dropped by 16,000 to 199,000 for the week ending December 27, compared to market estimates of 220,000, reflecting a robust labor market that may positively impact economic recovery.
- Market Volatility: The Dow Jones index fell over 100 points on Wednesday, down 0.28%, indicating cautious market sentiment in response to economic data, although the relatively small declines in real estate and utilities sectors suggest some investor confidence remains in certain industries.
- International Market Dynamics: Asian markets closed mixed, with Hong Kong's Hang Seng Index down 0.87% while China's Shanghai Composite gained 0.09%, reflecting the impact of global economic uncertainties on market sentiment, which may lead investors to adopt more conservative strategies in the future.
See More
Intelligent Bio Solutions Partners with PREMIUM for Manufacturing
- Partnership Announcement: Intelligent Bio Solutions has entered into a manufacturing partnership with PREMIUM, aimed at enhancing production capabilities and market responsiveness, thereby expanding its influence in the biotechnology sector.
- Market Potential: This collaboration will enable Intelligent Bio Solutions to leverage PREMIUM's advanced manufacturing technologies, which is expected to significantly improve product quality and production efficiency, strengthening its position in a competitive market.
- Strategic Implications: By partnering with PREMIUM, Intelligent Bio Solutions can not only optimize its supply chain management but also accelerate time-to-market for new products, addressing the growing market demand effectively.
- Future Outlook: The establishment of this partnership signifies Intelligent Bio Solutions' ongoing expansion in the biotechnology industry, which is anticipated to generate new revenue streams and long-term growth opportunities for the company.
See More
FuelCell Energy Files for $200 Million Stock Offering, Shares Drop 8.9%
- Stock Offering: FuelCell Energy announced an amended sales agreement to increase the total amount of shares available for sale to $200 million, which led to an 8.9% drop in share price to $7.23 on Wednesday, indicating a negative market reaction to the dilution of shares.
- Market Reaction: The announcement of the stock offering raised investor concerns, as the significant drop in share price could impact the company's future fundraising capabilities and market confidence, particularly in the current economic climate where investors are sensitive to equity dilution.
- Funding Purpose: FuelCell Energy plans to use the proceeds from this offering to support its R&D and operational expenditures, and while the stock faces short-term pressure, successful fundraising could provide the necessary capital to drive technological innovation and market expansion in the long run.
- Industry Impact: In the context of increasing competition in the hydrogen and fuel cell industry, FuelCell Energy's stock offering may affect its reputation among investors, especially as the effectiveness of its financing strategy will directly influence its market position compared to other competitors.
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