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Anghami Financials

ANGH
Source SEC Filings (10-K/10-Q) Data as of Apr 30, 2026 Currency USD FYE April

This page shows Anghami (ANGH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ANGH FY2025

External financing is still the dominant business mechanic, because cash burn remains large even as revenue scales.

FY2025 revenue reached $99.3M, but operating cash outflow was still -$36.2M, so added scale has not yet turned the business into a self-funding operation. Cash held at $14.1M only because financing inflows supplied $45.1M, which means liquidity is being maintained from outside rather than replenished by the business itself.

The balance sheet looks less like a debt problem than a short-term obligations problem. Long-term debt was only $101K in FY2025, but current liabilities climbed to $85.5M and the current ratio remained below 1.0x, so near-term claims matter more than formal leverage.

Losses are also showing up as real cash use, which says more about earnings quality than the income statement alone. Free cash flow of -$36.3M was nearly the same as operating cash flow of -$36.2M, and capex was minimal, so the drain is coming mainly from ongoing operations rather than heavy reinvestment.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&D Intensity Revenue Progress Burn Trend Balance Sheet 39 / 100
Financial Health Score 39/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Anghami's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
23
Dilution
86
Revenue Progress
87
Burn Trend
3
Balance Sheet
32
Piotroski F-Score Partial
4/8

Anghami passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality
0.40x

For every $1 of reported earnings, Anghami generates $0.40 in operating cash flow (-$36.2M OCF vs -$89.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$99.3M
YoY+27.2%
5Y CAGR+26.6%

Anghami generated $99.3M in revenue in fiscal year 2025. This represents an increase of 27.2% from the prior year.

EBITDA
N/A
Net Income
-$89.6M
YoY-40.9%

Anghami reported -$89.6M in net income in fiscal year 2025. This represents a decrease of 40.9% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
-$36.3M
YoY+24.1%

Anghami generated -$36.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 24.1% from the prior year.

Cash & Debt
$14.1M
YoY+0.0%
5Y CAGR+20.3%

Anghami held $14.1M in cash against $101K in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
9M

Anghami had 9M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
-90.2%
YoY-8.8pp
5Y CAGR-71.4pp

Anghami's net profit margin was -90.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 8.8 percentage points from the prior year.

Return on Equity
-344.2%
YoY-235.7pp

Anghami's ROE was -344.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 235.7 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$102K
YoY+122.2%
5Y CAGR+4.8%

Anghami invested $102K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 122.2% from the prior year.

ANGH Income Statement

Metric Q3'25 Q1'25 Q3'24 Q1'24 Q3'23 Q3'22 Q3'21
Revenue N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A

ANGH Balance Sheet

Metric Q3'25 Q1'25 Q3'24 Q1'24 Q3'23 Q3'22 Q3'21
Total Assets $124.1M-13.3% $143.1M+635.3% $19.5M-4.9% $20.5M-31.0% $29.6M+127.5% $13.0M-8.6% $14.3M
Current Assets $30.7M-34.9% $47.2M+212.7% $15.1M+1.0% $15.0M-17.3% $18.1M+72.6% $10.5M-13.7% $12.2M
Cash & Equivalents $14.1M-47.4% $26.9M+331.4% $6.2M+392.8% $1.3M-59.4% $3.1M+392.2% $633K-88.7% $5.6M
Inventory N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $9.5M-8.2% $10.4M+64.7% $6.3M-29.6% $8.9M-13.4% $10.3M+90.9% $5.4M+12.1% $4.8M
Goodwill N/A N/A $600K0.0% $600K0.0% $600K N/A N/A
Total Liabilities $65.4M+34.9% $48.5M+44.6% $33.6M-14.4% $39.2M+8.6% $36.1M-12.0% $41.0M+27.4% $32.2M
Current Liabilities $51.0M+9.4% $46.6M+44.3% $32.3M-13.0% $37.1M+7.0% $34.7M-14.0% $40.4M+51.3% $26.7M
Long-Term Debt $213K-18.1% $260K+345.7% $58K-71.8% $207K+22.6% $169K+24.1% $136K-43.4% $240K
Total Equity $58.6M-38.0% $94.6M+771.0% -$14.1M+24.7% -$18.7M-191.0% -$6.4M+77.0% -$28.0M-56.1% -$17.9M
Retained Earnings -$202.5M-21.5% -$166.6M-19.9% -$138.9M-2.9% -$135.1M-9.7% -$123.1M-98.6% -$62.0M-40.2% -$44.2M

ANGH Cash Flow Statement

Metric Q3'25 Q1'25 Q3'24 Q1'24 Q3'23 Q3'22 Q3'21
Operating Cash Flow N/A N/A N/A N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A

ANGH Financial Ratios

Metric Q3'25 Q1'25 Q3'24 Q1'24 Q3'23 Q3'22 Q3'21
Gross Margin N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A
Current Ratio 0.60-0.4 1.01+0.5 0.47+0.1 0.40-0.1 0.52+0.3 0.26-0.2 0.46
Debt-to-Equity 0.000.0 0.000.0 -0.000.0 -0.01+0.0 -0.03-0.0 -0.000.0 -0.01
FCF Margin N/A N/A N/A N/A N/A N/A N/A

Note: The current ratio is below 1.0 (0.49), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Anghami (ANGH) reported $99.3M in total revenue for fiscal year 2025. This represents a 27.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Anghami (ANGH) revenue grew by 27.2% year-over-year, from $78.1M to $99.3M in fiscal year 2025.

No, Anghami (ANGH) reported a net income of -$89.6M in fiscal year 2025, with a net profit margin of -90.2%.

As of fiscal year 2025, Anghami (ANGH) had $14.1M in cash and equivalents against $101K in long-term debt.

Anghami (ANGH) had a net profit margin of -90.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Anghami (ANGH) has a return on equity of -344.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Anghami (ANGH) generated -$36.3M in free cash flow during fiscal year 2025. This represents a 24.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Anghami (ANGH) generated -$36.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Anghami (ANGH) had $113.9M in total assets as of fiscal year 2025, including both current and long-term assets.

Anghami (ANGH) invested $102K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Anghami (ANGH) had 9M shares outstanding as of fiscal year 2025.

Anghami (ANGH) had a current ratio of 0.49 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Anghami (ANGH) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Anghami (ANGH) had a return on assets of -78.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Anghami (ANGH) had $14.1M in cash against an annual operating cash burn of $36.2M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Anghami (ANGH) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Anghami (ANGH) has an earnings quality ratio of 0.40x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Anghami (ANGH) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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