ANGHAMI REPORTS H1 2025 FINANCIAL RESULTS; MARKED BY TOPLINE GROWTH AND TRANSFORMATIVE DEAL WITH WARNER BROS. DISCOVERY
Rhea-AI Summary
Anghami (NASDAQ: ANGH) reported H1 2025 results driven by the OSN+ integration and a strategic partnership with Warner Bros. Discovery. Revenue rose 97% YoY to US$48.4 million, with subscription income of US$43 million. Paid subscribers doubled to 3.54 million and total registered users exceeded 120 million as of 30 June 2025. Warner Bros. Discovery made a US$57 million investment in OSN Streaming, securing exclusive HBO and Max Originals distribution in MENA. Operational metrics improved, including 99.9% uptime and app ratings up from 3.8 to 4.6. Higher integration and subscriber-acquisition investments drove a US$37.1 million loss for H1; management plans cost adjustments while pursuing subscriber growth into 2026.
Positive
- Revenue +97% YoY to US$48.4 million
- Paid subscribers doubled to 3.54 million
- Subscription income reached US$43 million
- Warner Bros. Discovery US$57 million investment
Negative
- Net loss of US$37.1 million in H1 2025
- Higher integration and acquisition costs pressured profitability
News Market Reaction 26 Alerts
On the day this news was published, ANGH declined 4.13%, reflecting a moderate negative market reaction. Argus tracked a peak move of +88.8% during that session. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $26M at that time. Trading volume was exceptionally heavy at 342.2x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: BREA -12.32%, AGAE -6.9%, TOON slightly negative at -0.13%, KUKE sharply higher at +39%, while BLMZ fell -63.94%. With ANGH down 0.82% and no peers in the momentum scanner, trading appeared stock-specific rather than a clear sector-wide trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jul 29 | Reverse stock split | Neutral | -14.9% | Announced 1-for-10 reverse split to restore Nasdaq minimum bid compliance. |
Available history shows a large negative reaction to the prior reverse stock split announcement, but there is not enough data to define a consistent pattern around news events.
In the last six months, Anghami reported a 1-for-10 reverse stock split to regain Nasdaq minimum bid compliance, effective August 4, 2025. That action led to a 14.86% decline over the following 24 hours, indicating sensitivity to capital-structure changes. Today’s H1 2025 results highlight 97% year-on-year revenue growth to US$48.4 million but also a US$37.1 million loss, reflecting a shift from prior focus on listing compliance toward scaling the integrated OSN+ platform.
Market Pulse Summary
This announcement highlights rapid scale-up, with H1 2025 revenue up 97% year-on-year to US$48.4 million and paid subscribers reaching 3.54 million. At the same time, a US$37.1 million loss underlines the cost of OSN+ integration and subscriber acquisition. Historically, the stock reacted sharply to structural moves like the reverse split. Investors should watch future updates on profitability, cost controls, and the performance of Warner Bros. Discovery–linked content.
AI-generated analysis. Not financial advice.
HIGHLIGHTS
- Revenue growth of
97% year-on-year toUS for the six month period ended 30 June 2025, driven by OSN+ integration and expanding subscription income.$48.4 million - Paid subscriber base doubled to 3.54 million as of 30 June 2025, with over 120 million total registered users, demonstrating strong platform conversion rates.
- Strategic investment by Warner Bros. Discovery worth
US in OSN Streaming Ltd., the majority owner of Anghami, reinforcing exclusive content partnerships and bringing HBO, Max Originals, and global entertainment to MENA audiences.$57 million - New OSN+ partnerships with Noon and PlayStation during the period as well as a distribution agreement with Talabat.
Commenting on Anghami's results, Elie Habib, CEO of Anghami, said: "H1 2025 revenue reached
The first half of 2025 marked transformative operational achievements for Anghami, driven by the successful OSN+ platform integration and strategic content partnerships. Paid subscribers grew
The Warner Bros. Discovery investment has provided exclusive access to HBO content, Max Originals, and international entertainment, establishing Anghami as the premier streaming destination in MENA. Platform integration delivered seamless music and video content access through a unified interface, driving strong conversion rates from music-only to comprehensive entertainment subscriptions.
Distribution expansion through PlayStation and Noon.com partnerships with OSN+ opened new customer acquisition channels, while high-profile live events including the Amr Diab & Adam Port concert in
Following the period end, Anghami strengthened its ecosystem through a distribution deal with Talabat, creating new content distribution and user acquisition channels expected to drive growth momentum.
The company has confirmed major content launches for early 2026, including exclusive regional productions and expanded international content partnerships that will further establish the platform's competitive differentiation in the streaming market.
OUTLOOK
Anghami is positioned to capitalize on accelerating digital entertainment demand across the MENA region. The company's strategic partnerships provide multiple growth drivers and expanding content capabilities that differentiate the platform in the competitive streaming market.
The Warner Bros. Discovery partnership will drive continued subscriber acquisition throughout 2025 and 2026.
Management expects topline growth to continue in H2 whilst the investments required to drive integration benefits will continue to impact profitability until operational synergies and cost management measures are more fully realized, and the combined platform achieves optimal scale utilization across all markets.
The full unaudited financial statements and notes for the six-month period ended 30 June 2025 were furnished to the
About Anghami Inc. (NASDAQ: ANGH)
Anghami is the leading multi-media technology streaming platform in the
With a user base exceeding 120 million registered users and 3.5 million paid subscribers, Anghami has partnered with 47 telcos across MENA, facilitating customer acquisition and subscription payment, in addition to establishing relationships with major film studios, entertainment giants, and music labels, both regional and international. Headquartered in
To learn more about Anghami, please visit: https://anghami.com. Any questions for the Investors Relations Department can be emailed to IR@anghami.com or anghami@apcoworldwide.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Anghami's actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "start," "project," "budget," "forecast," "preliminary," "anticipate," "position," "intend," "plan," "may," "will," "could," "should," "believes," "continue," "predicts," "potential," "transform," "commitment" and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These statements include those related to the effect of the OSN+ integration, Warner Bros. Discovery investment in OSN Streaming, other new partnerships and collaborations, and future growth. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Anghami's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the outcome of any legal proceedings that may be instituted against Anghami; changes in applicable laws or regulations; and the possibility that Anghami may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties identified in Anghami's fiscal 2024 annual report on Form 20-F filed with the SEC on April 30, 2025, including those under "Risk Factors" therein, and in other documents filed or to be filed with the SEC by Anghami and available at the SEC's website at www.sec.gov. Anghami cautions that the foregoing list of factors is not exclusive. Anghami cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, Anghami does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
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SOURCE Anghami Inc.
FAQ
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