Anghami Inc. (ANGH)

NASDAQ: ANGH · Delayed Price · USD
6.88
-1.09 (-13.68%)
At close: May 23, 2022 4:00 PM
7.22
0.34 (4.94%)
After-hours:May 23, 2022 7:02 PM EDT
Market Cap178.92M
Revenue (ttm)35.50M
Net Income (ttm)-17.79M
Shares Out26.01M
EPS (ttm)-206.90
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume27,732
Open7.96
Previous Close7.97
Day's Range6.78 - 7.96
52-Week Range6.00 - 33.13
Betan/a
AnalystsBuy
Price Target17.34 (+152.0%)
Earnings Daten/a

About ANGH

Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers a music application and platform that provides Arabic and international music to stream and download. The company was founded in 2012 and is based in Abu Dhabi, the United Arab Emirates.

IndustryEntertainment
Founded2012
Employees169
Stock ExchangeNASDAQ
Ticker SymbolANGH
Full Company Profile

Financial Performance

In 2021, Anghami's revenue was $35.50 million, an increase of 16.34% compared to the previous year's $30.52 million. Losses were -$17.79 million, 218.4% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ANGH stock is "Buy." The 12-month stock price forecast is 17.34, which is an increase of 152.03% from the latest price.

Price Target
$17.34
(152.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Anghami Reports Full Year 2021 Financial Results With Total Revenue of $35.5 Mn, Up 16% Year-Over-Year, and Prelimina...

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Inc. (Nasdaq: ANGH) (the “Company” or “Anghami”) today announced that it has filed its annual report on Form 20-F (the “Form 20-F”) for the year...

6 days ago - Business Wire

Anghami and TOD Partner to Provide Users With World Class Sports and Entertainment Content

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami Inc. (“Anghami”) (NASDAQ: ANGH), the leading music and entertainment streaming platform in the Middle East and North Africa (MENA), and TOD, the...

1 month ago - Business Wire

Rotana and Anghami Sign Strategic Partnership to Bring Largest Arabic Library Back to Platform

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Rotana Music Holding, the Arab World's leading independent record label and largest repertoire owner of Arabic music, media, entertainment, events, and content pro...

1 month ago - Business Wire

Anghami Rebrands on the Back of Landmark NASDAQ Listing

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Anghami (NASDAQ: ANGH), the leading music streaming and entertainment platform in the Middle East and North Africa, has unveiled a new brand identity.

2 months ago - Business Wire

Anghami Signs Global Arab Megastar Amr Diab Exclusively on His Past and Upcoming Music

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Amr Diab, the Global Arab megastar and all-time best-selling Middle Eastern artist, is moving exclusively to Anghami. Anghami Inc. (“Anghami”) (NASDAQ: ...

2 months ago - Business Wire

ANGH Stock Alert: Why Is Anghami Skyrocketing More Than 100% Higher Today?

ANGH stock is flying higher today, up more than 100%. Here's what you need to know about the music-streaming platform.

3 months ago - InvestorPlace

ANGH Stock Alert: 9 Things to Know as Anghami Skyrockets After SPAC Merger

There's a new music-streaming company trading publicly, and it's up more than 55% today. Here's what you need to know about ANGH stock.

3 months ago - InvestorPlace

Anghami Becomes the First Arab Tech Company to Be Listed on NASDAQ Stock Exchange as It Begins Trading on February 4,...

NEW YORK--(BUSINESS WIRE)--Anghami Inc. (“Anghami”) (NASDAQ: ANGH), the leading music streaming platform and service in the Middle East and North Africa, announced today that is has completed its busine...

3 months ago - Business Wire

Vistas Media Acquisition Company Inc. and Anghami Inc. Announce Closing of Business Combination

Anghami Expected to Begin Trading on the NASDAQ on February 4, 2022 at 9:30 AM ET Under the Ticker Symbol “ANGH” Anghami Expected to Begin Trading on the NASDAQ on February 4, 2022 at 9:30 AM ET Under t...

3 months ago - GlobeNewsWire

VMAC Stock Alert: 7 Things to Know as VMAC Soars Ahead of Anghami SPAC Merger

Today, investors in Vistas Media Acquisition Corp. and VMAC stock are seeing a lot of green, as investors become bullish about its merger. The post VMAC Stock Alert: 7 Things to Know as VMAC Soars Ahead...

3 months ago - InvestorPlace

ADGM headquartered Anghami marks approval to list on NASDAQ with bell-ringing ceremony

ABU DHABI, UAE, Feb. 3, 2022 /PRNewswire/ -- Abu Dhabi Global Market (ADGM) proudly welcomes the approval to list of Anghami, an ADGM registered public company, on NASDAQ following its successful merger...

3 months ago - PRNewsWire

Vistas Media Acquisition Company Inc. Shareholders Approve Business Combination with Anghami Inc.

NEW YORK, Jan. 21, 2022 /PRNewswire/ -- Anghami Inc. ("Anghami" or the "Company"), the leading music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition Comp...

4 months ago - PRNewsWire

Vistas Media Acquisition Company Inc. Announces that the SEC Has Declared Anghami's Form F-4 Effective in Connection ...

NEW YORK, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Anghami Inc. (“Anghami” or the “Company”), the leading music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition ...

5 months ago - GlobeNewsWire

Vistas Media Acquisition Company Inc. and Anghami Announce Joint Venture Between Sony Music Entertainment Middle East...

NEW YORK, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Anghami Inc. (“Anghami”), the leading music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition Company Inc. (NAS...

5 months ago - GlobeNewsWire

Anghami and Vistas Media Acquisition Company Inc. Announce Filing of Anghami's Amended Registration Statement with th...

Filing Includes First-Half 2021 Financials Filing Includes First-Half 2021 Financials

6 months ago - GlobeNewsWire

Vistas Media Acquisition Company Inc. Announces Filing of Registration Statement with the U.S. Securities and Exchang...

NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Anghami Inc. (“Anghami” or the “Company”), the leading music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition ...

7 months ago - GlobeNewsWire

PUBG MOBILE MENA and Anghami Join Forces to Bring Music Rewards to Players

PUBG MOBILE players will have the chance to redeem special music prizes and enjoy exclusive Anghami playlists from September 30th - October 7th PUBG MOBILE players will have the chance to redeem special...

7 months ago - GlobeNewsWire

Amazon Prime and Anghami Collaborate in Saudi Arabia and United Arab Emirates with Anghami Plus

NEW YORK, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Amazon and Anghami, have today announced that Amazon Prime members in Saudi Arabia and the UAE can enjoy an exclusive six-months free offer on Anghami Plus, ...

8 months ago - GlobeNewsWire

Amazon Prime Members in Saudi Arabia and the UAE Can Now Enjoy an Exclusive Offer of 6 Months of Anghami Plus For Free

Millions of songs and podcasts, unlimited downloads, and more, from the region's leading music streaming service, will now be available to Amazon Prime members in Saudi Arabia and the UAE, free of charge

8 months ago - GlobeNewsWire

Vistas Media Acquisition Company Inc. Announces Confidential Submission of Draft Registration Statement to the U.S. S...

NEW YORK, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Anghami Inc. (“Anghami” or the “Company”), the leading music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition ...

9 months ago - GlobeNewsWire

Anghami & Addmind to Launch Anghami Lab, An Innovative Entertainment Concept to be Available in Major Cities Starting...

JV to Merge Digital, Live and Experiential Entertainment and Content Creation Exclusive to Anghami JV to Merge Digital, Live and Experiential Entertainment and Content Creation Exclusive to Anghami

9 months ago - GlobeNewsWire

New MIDiA Research Report Illustrates MENA's Music Market Opportunity

Emerging Market to Drive Global Subscriber Growth Emerging Market to Drive Global Subscriber Growth

9 months ago - GlobeNewsWire

Anghami Launches Six New Telco Partnerships Across MENA in the First Half of 2021

Anghami Plus has made listening to music an even more enjoyable experience. Every subscriber to the service has access to unlimited and ad-free music and podcasts, in addition to other special features....

10 months ago - GlobeNewsWire

Anghami launches Live Radio, the first ever music and voice real-time audio experience

ABU DHABI, United Arab Emirates, May 04, 2021 (GLOBE NEWSWIRE) -- Ahead of its historic listing on NASDAQ New York via proposed merger with Vistas Media Acquisition Company, a special purpose acquisitio...

1 year ago - GlobeNewsWire

Arab Music Streaming App Anghami Lists On Nasdaq, Expands Tech Brand Globally

Anghami, the first and largest legal music streaming platform and distribution company operating in the Middle East and North Africa (MENA), said it will list on the Nasdaq – making it the first Arab te...

1 year ago - Forbes