Anghami Warrants (ANGHW) Financials
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ANGHW SEC filings page.
Anghami Inc. Warrants (ANGHW) reported $99.3M in revenue for fiscal year 2025, up 27.2% from the prior fiscal year. This page shows its 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 (20-F and 6-K reports).
Revenue nearly doubled, but costs grew far faster, turning a formerly positive gross margin into a business consuming cash.
Cash conversion was poor but internally consistent: operating cash flow was-$47.8M versus free cash flow of-$47.9M , showing little cash generation beyond operations. Meanwhile, financing cash flow supplied$56.8M , indicating that external funding, rather than internally generated cash, supported the year's activity.
Cost escalation overwhelmed growth: revenue increased
The balance sheet expanded without matching short-term liquidity: assets rose
Financial Health Signals
We do not publish a peer-relative financial health score for Anghami Inc. Warrants, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Anghami Inc. Warrants 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, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Anghami Inc. Warrants reported a net loss of $89.5M while operations used $36.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Anghami Inc. Warrants reported an operating loss of $87.4M against $5.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Anghami Inc. Warrants generated $99.3M in revenue in fiscal year 2025. This represents an increase of 27.2% from the prior year.
Anghami Inc. Warrants's EBITDA was -$86.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Anghami Inc. Warrants reported a net loss of $89.5M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Anghami Inc. Warrants earned -$13.16 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Anghami Inc. Warrants recorded an outflow of $36.3M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Anghami Inc. Warrants held $22.2M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Anghami Inc. Warrants's gross margin was -25.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 5.3 percentage points from the prior year.
Anghami Inc. Warrants's operating margin was -88.0% in fiscal year 2025, reflecting core business profitability. This is down 8.4 percentage points from the prior year.
Anghami Inc. Warrants's net profit margin was -90.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 8.7 percentage points from the prior year.
Anghami Inc. Warrants's ROE was -327.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 221.1 percentage points from the prior year.
Capital Allocation
Anghami Inc. Warrants 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.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ANGHW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|
| 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 | $124.6M+22.0% | $102.1M+228.5% | $31.1M-20.6% | $39.1M+47.9% | $26.5M+18.4% | $22.3M |
| Gross Profit | -$25.3Mn/m | -$24.0M-333.4% | $10.3M+10.1% | $9.4M+3.4% | $9.0M+10.6% | $8.2M |
| R&D Expenses | N/A | $353K-53.6% | $762K+5.0% | $726K | N/A | N/A |
| Operating Income | -$87.4Mn/m | -$62.1Mn/m | -$14.6Mn/m | -$17.4Mn/m | -$13.6Mn/m | -$2.5M |
| EBITDA | -$86.9Mn/m | -$61.6Mn/m | -$14.1Mn/m | -$17.2Mn/m | -$13.4M | N/A |
| Interest Expense | $5.0M+2783.1% | $175K-34.8% | $269K-51.4% | $553K-79.4% | $2.7M+51.9% | $1.8M |
| Income Tax | $2.9M+63.5% | $1.8M+170.6% | $655K-26.6% | $893K+162.6% | $340K-32.2% | $501K |
| Net Income | -$89.5Mn/m | -$63.6Mn/m | -$15.8Mn/m | -$61.0Mn/m | -$17.8M-409.7% | $5.7M |
| EPS (Basic) | -$13.16 | -$1.10 | -$0.60n/m | -$2.35 | -$1.03n/m | -$0.34 |
| EPS (Diluted) | -$13.16 | -$1.10 | -$0.60n/m | -$2.35 | -$1.03n/m | -$0.34 |
| Diluted Shares (Avg) | N/A | 58M | 26M+1.6% | 26M | N/A | N/A |
Not reported in any period shown, so not listed: SG&A Expenses.
ANGHW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|
| 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 | $22.2M+57.3% | $14.1M+126.9% | $6.2M+100.2% | $3.1M+392.2% | $633K-88.7% | $5.6M |
| 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 |
| Non-Current Liabilities | $2.3M-84.0% | $14.4M+1043.0% | $1.3M-7.8% | $1.4M+118.3% | $627K-88.6% | $5.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | $18.5M+45.5% | $12.7M |
| Total Equity | $27.3M-54.3% | $59.9Mn/m | -$12.9Mn/m | -$5.1Mn/m | -$26.8Mn/m | -$17.1M |
| Retained Earnings | -$292.0Mn/m | -$202.5Mn/m | -$138.9Mn/m | -$123.1Mn/m | -$62.0Mn/m | -$44.2M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
ANGHW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$36.2Mn/m | -$47.8Mn/m | -$3.8M-4599.4% | $85Kn/m | -$16.2M-9579.3% | $171K |
| Depreciation & Amortization | $501K+0.5% | $498K+2.4% | $487K+138.6% | $204K+31.0% | $156K | N/A |
| Capital Expenditures | $102K+122.2% | $46K-53.6% | $99K-95.4% | $2.1M+1197.8% | $164K+103.8% | $80K |
| Free Cash Flow | -$36.3Mn/m | -$47.9Mn/m | -$3.9Mn/m | -$2.0Mn/m | -$16.4M-18175.1% | $91K |
| Investing Cash Flow | -$791Kn/m | -$1.0Mn/m | -$1.3Mn/m | -$12.6Mn/m | -$1.5Mn/m | -$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 |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
ANGHW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|
| Gross Margin | -25.4%+5.3pp | -30.8%-55.6pp | 24.9%+5.6pp | 19.3%-6.2pp | 25.5%-1.3pp | 26.8% |
| Operating Margin | -88.0%-8.4pp | -79.6%-44.4pp | -35.2%+0.7pp | -35.9%+2.4pp | -38.2%-29.8pp | -8.3% |
| Net Margin | -90.1%-8.7pp | -81.4%-43.2pp | -38.2% | -125.9% | -50.1%-68.9pp | 18.8% |
| Return on Equity | -327.2%-221.1pp | -106.2% | N/A | N/A | N/A | N/A |
| Return on Assets | -78.6%-27.3pp | -51.2%+30.0pp | -81.2%+124.7pp | -205.9%-69.4pp | -136.5%-176.8pp | 40.3% |
| Current Ratio | 0.49-0.1x | 0.60+0.1x | 0.47-0.1x | 0.52+0.3x | 0.26-0.2x | 0.46 |
| Liabilities-to-Equity | 3.21+2.1x | 1.09 | N/A | N/A | N/A | N/A |
| Asset Turnover | 0.87+0.2x | 0.63-1.5x | 2.13+0.5x | 1.64-1.1x | 2.73+0.6x | 2.14 |
| FCF Margin | -36.6%+24.7pp | -61.3%-51.8pp | -9.4%-5.2pp | -4.2%+41.9pp | -46.2%-46.5pp | 0.3% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Note: The current ratio is below 1.0 (0.49), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Anghami Inc. Warrants Ranks
Frequently Asked Questions
Anghami Inc. Warrants (ANGHW) 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 Inc. Warrants (ANGHW) revenue grew by 27.2% year-over-year, from $78.1M to $99.3M in fiscal year 2025.
No, Anghami Inc. Warrants (ANGHW) reported a net loss of $89.5M in fiscal year 2025, with a net profit margin of -90.1%.
Anghami Inc. Warrants (ANGHW) had EBITDA of -$86.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Anghami Inc. Warrants (ANGHW) had a gross margin of -25.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Anghami Inc. Warrants (ANGHW) had an operating margin of -88.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Anghami Inc. Warrants (ANGHW) had a net profit margin of -90.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Anghami Inc. Warrants (ANGHW) has a return on equity of -327.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Anghami Inc. Warrants (ANGHW) recorded an outflow of $36.3M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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 Inc. Warrants (ANGHW) recorded an outflow of $36.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Anghami Inc. Warrants (ANGHW) had $113.9M in total assets as of fiscal year 2025, including both current and long-term assets.
Anghami Inc. Warrants (ANGHW) invested $102K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Anghami Inc. Warrants (ANGHW) had a current ratio of 0.49 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Anghami Inc. Warrants (ANGHW) had a liabilities-to-equity ratio of 3.21 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Anghami Inc. Warrants (ANGHW) had a return on assets of -78.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Anghami Inc. Warrants (ANGHW) 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 Inc. Warrants (ANGHW) reported a net loss of $89.5M while operations used $36.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Inc. Warrants (ANGHW) reported an operating loss of $87.4M against $5.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.