ANGH

ABU DHABI, UAE, Dec. 30, 2025 /PRNewswire/ -- Anghami Inc. (NASDAQ: ANGH) ("Anghami"), the leading music and entertainment streaming platform in the MENA region, today announced its results for the six-month period ended 30 June 2025, underscoring the benefits of the OSN+ integration and the impact of its transformative partnership with Warner Bros. Discovery. HIGHLIGHTS Revenue growth of 97% year-on-year to US$48.4 million for the six month period ended 30 June 2025, driven by OSN+ integration and expanding subscription income. Paid subscriber base doubled to 3.54 million as of 30 June 2025, with over 120 million total registered users, demonstrating strong platform conversion rates. Strategic investment by Warner Bros. Discovery worth US$57 million in OSN Streaming Ltd., the majority owner of Anghami, reinforcing exclusive content partnerships and bringing HBO, Max Originals, and global entertainment to MENA audiences. New OSN+ partnerships with Noon and PlayStation during the period as well as a distribution agreement with Talabat. Commenting on Anghami's results, Elie Habib, CEO of Anghami, said: "H1 2025 revenue reached US$48.4 million, driven by subscription income rising to US$43 million following the OSN+ integration. On the operational side, we delivered 99.9% uptime and improved app store ratings from 3.8 to 4.6 stars. Warner Bros. Discovery's US$57 million investment in OSN Streaming reinforces our partnership and keeps HBO, Max Originals, and global hits exclusive to OSN+ viewers across MENA. Looking ahead, our new collaboration with Talabat expands OSN+ distribution and positions us to accelerate subscriber growth through 2026 and beyond." The first half of 2025 marked transformative operational achievements for Anghami, driven by the successful OSN+ platform integration and strategic content partnerships. Paid subscribers grew 97% year-on-year to 3.54 million as of 30 June 2025, with total registered users exceeding 120 million across the MENA region driving revenue growth of 97% year-on-year to US$48.4 million. However, the increased investments made to support subscriber acquisition for OSN+ and other integration costs impacted profitability, resulting in a loss of US$ 37.1 million. The management team is implementing measures to adjust the cost base and further drive the benefits of the business scaling up. The Warner Bros. Discovery investm...

Revenue: US$78.1m (up 89% from FY 2023). Net loss: US$63.6m (loss widened by 302% from FY 2023). US$1.10 loss per share (further deteriorated from US$0.60 loss in FY 2023). Our free stock report includes 3 warning signs investors should be aware of before investing in Anghami. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Anghami shares are down 3.9% from a week ago. We should say that we've discovered 3 warning signs for Anghami (2 are significant!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.