Anghami Financials

ANGH

Source SEC Filings (10-K/10-Q) Updated 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 2026-04-30

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.

Financial Health Signals

Financial Profile 34/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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.

Growth

100

Anghami's revenue surged 27.2% year-over-year to $99.3M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

100

Anghami carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Anghami's current ratio of 0.49 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Anghami generated -$36.2M in operating cash flow, capex of $102K consumed most of it, leaving -$36.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Anghami generates a -344.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -108.4% the prior year.

Piotroski F-Score Neutral

4/9

Anghami passes 4 of 9 financial strength tests. 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

Anghami had 9M shares outstanding in fiscal year 2025. This represents a decrease of 86.4% from the prior year.

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	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$99.3M+27.2%	$78.1M+88.7%	$41.4M-14.6%	$48.5M+36.6%	$35.5M+16.3%	$30.5M
Cost of Revenue	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
R&D Expenses	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
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$49K+5.9%	$46K+14.9%	$40K-31.6%	$59K+1.4%	$58K-22.1%	$74K
Income Tax	$2.9M+63.5%	$1.8M+170.6%	$655K-26.6%	$893K+162.6%	$340K-32.2%	$501K
Net Income	-$89.6M-40.9%	-$63.6M-305.9%	-$15.7M+74.4%	-$61.2M-239.2%	-$18.1M-214.3%	-$5.7M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

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	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$113.9M-8.2%	$124.1M+537.4%	$19.5M-34.3%	$29.6M+127.5%	$13.0M-8.6%	$14.3M
Current Assets	$42.3M+37.4%	$30.7M+103.6%	$15.1M-16.5%	$18.1M+72.6%	$10.5M-13.7%	$12.2M
Cash & Equivalents	$14.1M0.0%	$14.1M+126.9%	$6.2M+100.2%	$3.1M+392.2%	$633K-88.7%	$5.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$12.3M+29.5%	$9.5M+51.1%	$6.3M-39.1%	$10.3M+90.9%	$5.4M+12.1%	$4.8M
Goodwill	N/A	N/A	$600K0.0%	$600K	N/A	N/A
Total Liabilities	$87.8M+34.2%	$65.4M+95.0%	$33.6M-7.0%	$36.1M-12.0%	$41.0M+27.4%	$32.2M
Current Liabilities	$85.5M+67.7%	$51.0M+57.9%	$32.3M-6.9%	$34.7M-14.0%	$40.4M+51.3%	$26.7M
Long-Term Debt	$101K-52.8%	$213K+264.9%	$58K-65.4%	$169K+24.1%	$136K-43.4%	$240K
Total Equity	$26.0M-55.6%	$58.6M+515.9%	-$14.1M-119.0%	-$6.4M+77.0%	-$28.0M-56.1%	-$17.9M
Retained Earnings	-$292.0M-44.2%	-$202.5M-45.7%	-$138.9M-12.8%	-$123.1M-98.6%	-$62.0M-40.2%	-$44.2M

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	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$36.2M+24.2%	-$47.8M-1155.3%	-$3.8M-4599.4%	$85K+100.5%	-$16.2M-9579.3%	$171K
Capital Expenditures	$102K+122.2%	$46K-53.6%	$99K-95.4%	$2.1M+1197.8%	$164K+103.8%	$80K
Free Cash Flow	-$36.3M+24.1%	-$47.9M-1124.8%	-$3.9M-91.2%	-$2.0M+87.5%	-$16.4M-18175.1%	$91K
Investing Cash Flow	-$791K+23.8%	-$1.0M+20.9%	-$1.3M+89.6%	-$12.6M-746.9%	-$1.5M-65.5%	-$897K
Financing Cash Flow	$45.1M-20.5%	$56.8M+589.0%	$8.2M-45.0%	$15.0M+17.6%	$12.7M+140.6%	$5.3M
Dividends Paid	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

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	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	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
Net Margin	-90.2%-8.8pp	-81.4%-43.6pp	-37.9%+88.4pp	-126.3%-75.4pp	-50.8%-32.0pp	-18.8%
Return on Equity	-344.2%-235.7pp	-108.4%	N/A	N/A	N/A	N/A
Return on Assets	-78.7%-27.4pp	-51.2%+29.2pp	-80.5%+126.1pp	-206.6%-68.0pp	-138.6%-98.3pp	-40.3%
Current Ratio	0.49-0.1	0.60+0.1	0.47-0.1	0.52+0.3	0.26-0.2	0.46
Debt-to-Equity	0.000.0	0.000.0	-0.00+0.0	-0.03-0.0	-0.000.0	-0.01
FCF Margin	-36.6%+24.7pp	-61.3%-51.8pp	-9.4%-5.2pp	-4.2%+41.9pp	-46.2%-46.5pp	0.3%

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

What is Anghami's annual revenue?

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.

How fast is Anghami's revenue growing?

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

Is Anghami profitable?

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

How much debt does Anghami have?

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

What is Anghami's net profit margin?

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.

What is Anghami's return on equity (ROE)?

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

What is Anghami's free cash flow?

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.

What is Anghami's operating cash flow?

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

What are Anghami's total assets?

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

What are Anghami's capital expenditures?

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

How many shares does Anghami have outstanding?

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

What is Anghami's current ratio?

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.

What is Anghami's debt-to-equity ratio?

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.

What is Anghami's return on assets (ROA)?

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.

What is Anghami's cash runway?

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.

What is Anghami's Piotroski F-Score?

Anghami (ANGH) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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.

Are Anghami's earnings high quality?

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.

How financially healthy is Anghami?

Anghami (ANGH) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.