Anghami Inc
ANGH Nasdaq Communications Services, Nec Financials FY2020โFY2025
Revenue
Total sales reported in the income statement.
$99.3M
27.2%
vs prior year
Operating margin
Operating income as a share of revenue.
โ88.0%
8.4ย pts
Net income
Profit after all expenses, interest and tax.
โ$89.5M
Free cash flow
Cash from operations minus capital spending.
โ$36.3M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
โ
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On โ$13.16 EPS (TTM)
What Anghami Inc does
No business description yet.
- Legal name
- Anghami Inc
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Apr 30, 2026
- Accession ยท CIK
- 0001213900-26-050335
0001871983
Revenue and margins
Anghami Inc had $99.3M of revenue in fiscal 2025, up 27.2% on the year before.
FY20
Revenue $30.5M
FY21
Revenue $35.5M
FY22
Revenue $48.5M
FY23
Revenue $41.4M
FY24
Revenue $78.1M
FY25
Revenue $99.3M
FY20
Gross 26.8%
Operating โ8.4%
Net 18.8%
FCF 0.3%
FY21
Gross 25.5%
Operating โ38.2%
Net โ50.1%
FCF โ46.2%
FY22
Gross 19.3%
Operating โ35.8%
Net โ125.9%
FCF โ4.2%
FY23
Gross 24.9%
Operating โ35.2%
Net โ38.2%
FCF โ9.4%
FY24
Gross โ30.8%
Operating โ79.6%
Net โ81.4%
FCF โ61.3%
FY25
Gross โ25.4%
Operating โ88.0%
Net โ90.1%
FCF โ36.6%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY20
Net income $5.7M
FY21
Net income โ$17.8M
FY22
Net income โ$61.0M
FY23
Net income โ$15.8M
FY24
Net income โ$63.6M
FY25
Net income โ$89.5M
FY20
Diluted EPS โ$0.34
FY21
Diluted EPS โ$1.03
FY22
Diluted EPS โ$2.35
FY23
Diluted EPS โ$5.98
FY24
Diluted EPS โ$11.03
FY25
Diluted EPS โ$13.16
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY20
Return on capital โ
Return on equity โ
Return on assets 40.3%
FY21
Return on capital โ
Return on equity โ
Return on assets โ130.4%
FY22
Return on capital โ
Return on equity โ
Return on assets โ286.1%
FY23
Return on capital โ
Return on equity โ
Return on assets โ64.4%
FY24
Return on capital โ
Return on equity โ270.8%
Return on assets โ88.6%
FY25
Return on capital โ
Return on equity โ205.2%
Return on assets โ75.2%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ$36.3M in fiscal 2025, โ36.6% of revenue. Cash from operations minus capital spending.
FY20
Free cash flow $0.1M
FY21
Free cash flow โ$16.4M
FY22
Free cash flow โ$2.0M
FY23
Free cash flow โ$3.9M
FY24
Free cash flow โ$47.9M
FY25
Free cash flow โ$36.3M
FY20
Cash from operations $0.2M
Capital spending $0.1M
FY21
Cash from operations โ$16.2M
Capital spending $0.2M
FY22
Cash from operations $0.1M
Capital spending $2.1M
FY23
Cash from operations โ$3.8M
Capital spending $0.1M
FY24
Cash from operations โ$47.8M
Capital spending $0.0M
FY25
Cash from operations โ$36.2M
Capital spending $0.1M
Cash from operations
Capital spending
Dividends, buybacks and share count
Anghami Inc returned โ to shareholders in fiscal 2025. The diluted share count fell 88.2%.
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks โ
Dividends
Buybacks
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares 0.03B
FY23
Diluted shares 0.03B
FY24
Diluted shares 0.06B
FY25
Diluted shares 0.01B
Balance sheet
Cash, debt and the ratios that show how comfortably Anghami Inc can carry it.
FY20
Cash $5.6M
Debt $12.7M
FY21
Cash $0.6M
Debt $18.5M
FY22
Cash $3.1M
Debt โ
FY23
Cash $6.2M
Debt โ
FY24
Cash $14.1M
Debt โ
FY25
Cash $22.2M
Debt โ
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0.6M | $3.1M | $6.2M | $14.1M | $22.2M |
| Debt incl. finance leases | $18.5M | โ | โ | โ | โ |
| Interest coverage | โ5.1x | โ31.4x | โ54.2x | โ355.1x | โ17.3x |
| Current ratio | 0.3x | 0.5x | 0.5x | 0.6x | 0.5x |
| Quick ratio | 0.3x | 0.5x | 0.5x | 0.6x | 0.5x |
| Total assets | $13.0M | $29.6M | $19.5M | $124M | $114M |
| Total liabilities | $41.0M | $36.1M | $33.6M | $65.4M | $87.8M |
| Shareholders' equity | โ$26.8M | โ$5.1M | โ$12.9M | $59.9M | $27.3M |
| Net debt (โ = net cash) | $17.9M | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 2 / 9 | 3 / 8 | 4 / 8 | 3 / 8 | 4 / 8 |
| Accruals ratio | 39.1% | โ11.5% | โ286.5% | โ48.9% | โ21.9% | โ44.7% |
| Altman Z'' | โ18.55 | โ38.25 | โ21.31 | โ34.50 | โ8.80 | โ15.68 |
6 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $30.5M | $35.5M | $48.5M | $41.4M | $78.1M | $99.3M |
| Gross profit | $8.2M | $9.0M | $9.4M | $10.3M | โ$24.0M | โ$25.3M |
| Research and development | โ | โ | $0.7M | $0.8M | $0.4M | โ |
| Operating income | โ$2.5M | โ$13.6M | โ$17.4M | โ$14.6M | โ$62.1M | โ$87.4M |
| Interest expense | $1.8M | $2.7M | $0.6M | $0.3M | $0.2M | $5.0M |
| Pretax income | โ$5.2M | โ$17.7M | โ$60.3M | โ$15.0M | โ$61.8M | โ$86.7M |
| Income tax | $0.5M | $0.3M | $0.9M | $0.7M | $1.8M | $2.9M |
| Net income | $5.7M | โ$17.8M | โ$61.0M | โ$15.8M | โ$63.6M | โ$89.5M |
| Net income to common | $5.7M | โ$17.8M | โ$61.0M | โ$15.8M | โ$63.6M | โ$89.5M |
| Diluted EPS | โ$0.34 | โ$1.03 | โ$2.35 | โ$5.98 | โ$11.03 | โ$13.16 |
| Diluted shares | 0.00B | 0.00B | 0.03B | 0.03B | 0.06B | 0.01B |
| Cash flow | ||||||
| Cash from operations | $0.2M | โ$16.2M | $0.1M | โ$3.8M | โ$47.8M | โ$36.2M |
| Capital expenditure | $0.1M | $0.2M | $2.1M | $0.1M | $0.0M | $0.1M |
| Free cash flow | $0.1M | โ$16.4M | โ$2.0M | โ$3.9M | โ$47.9M | โ$36.3M |
| Depreciation and amortization | $0.2M | $0.2M | $0.2M | $0.5M | $0.5M | $0.5M |
| Stock-based compensation | $0.6M | $0.8M | $0.6M | โ$0.2M | โ$0.2M | โ |
| Acquisitions | โ | โ | $0.4M | โ | โ | โ |
| Balance sheet | ||||||
| Cash and short-term investments | $5.6M | $0.6M | $3.1M | $6.2M | $14.1M | $22.2M |
| Total debt | $12.7M | $18.5M | โ | โ | โ | โ |
| Current assets | $12.2M | $10.5M | $18.1M | $15.1M | $30.7M | $42.3M |
| Current liabilities | $26.7M | $40.4M | $34.7M | $32.3M | $51.0M | $85.5M |
| Property and equipment, net | $0.3M | $0.3M | $2.2M | $1.8M | $1.4M | $1.0M |
| Goodwill | โ | โ | $0.6M | $0.6M | โ | โ |
| Intangible assets | $1.6M | $2.0M | $7.6M | $1.2M | $91.8M | $70.6M |
| Total assets | $14.3M | $13.0M | $29.6M | $19.5M | $124M | $114M |
| Total liabilities | $32.2M | $41.0M | $36.1M | $33.6M | $65.4M | $87.8M |
| Shareholders' equity | โ$17.1M | โ$26.8M | โ$5.1M | โ$12.9M | $59.9M | $27.3M |
| Margins | ||||||
| Gross margin | 26.8% | 25.5% | 19.3% | 24.9% | โ30.8% | โ25.4% |
| Operating margin | โ8.4% | โ38.2% | โ35.8% | โ35.2% | โ79.6% | โ88.0% |
| EBITDA margin | โ7.9% | โ37.8% | โ35.4% | โ34.0% | โ78.9% | โ87.5% |
| Net margin | 18.8% | โ50.1% | โ125.9% | โ38.2% | โ81.4% | โ90.1% |
| FCF margin | 0.3% | โ46.2% | โ4.2% | โ9.4% | โ61.3% | โ36.6% |
| Returns | ||||||
| Return on capital employed | 20.5% | 49.6% | 342.8% | 113.4% | โ85.0% | โ308.4% |
| Return on equity | โ | โ | โ | โ | โ270.8% | โ205.2% |
| Return on assets | 40.3% | โ130.4% | โ286.1% | โ64.4% | โ88.6% | โ75.2% |
| Growth | ||||||
| Revenue growth | โ | 16.3% | 36.6% | โ14.6% | 88.7% | 27.2% |
| Net income growth | โ | โ409.7% | โ | โ | โ | โ |
| FCF growth | โ | โ18,168.9% | โ | โ | โ | โ |
| Share count change | โ | 6.7% | 1,625,250.0% | 1.6% | 118.0% | โ88.2% |
| Financial health | ||||||
| Interest coverage | โ1.4x | โ5.1x | โ31.4x | โ54.2x | โ355.1x | โ17.3x |
| Current ratio | 0.5x | 0.3x | 0.5x | 0.5x | 0.6x | 0.5x |
| Quick ratio | 0.5x | 0.3x | 0.5x | 0.5x | 0.6x | 0.5x |
| Capital allocation | ||||||
| Capex / revenue | 0.3% | 0.5% | 4.4% | 0.2% | 0.1% | 0.1% |
| Stock comp / revenue | 1.8% | 2.3% | 1.2% | โ0.4% | โ0.2% | โ |
| Quality scores | ||||||
| Piotroski F-score | โ | 2.0 | 3.0 | 4.0 | 3.0 | 4.0 |
| Altman Z'' | โ18.6 | โ38.3 | โ21.3 | โ34.5 | โ8.8 | โ15.7 |
| Accruals ratio | 39.1% | โ11.5% | โ286.5% | โ48.9% | โ21.9% | โ44.7% |
Source: SEC EDGAR XBRL filings (CIK 0001871983). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.