Anghami Achieves Remarkable Growth and New Partnerships in H1 2025 Financial Performance

Anghami's H1 2025 Financial Results: A New Era of Growth

Anghami Inc. (NASDAQ: ANGH), a leader in music and entertainment streaming for the MENA region, has proudly announced the remarkable financial outcomes for the first half of 2025. The company reported a staggering 97% year-over-year increase in revenue, reaching an impressive $48.4 million for the six-month period ending June 30, 2025. This significant growth is largely attributed to the successful integration of OSN+ and an expanding subscription base that saw paid users double to 3.54 million.

Key Highlights

The results speak volumes about Anghami's strategic decisions and operational successes. Over the past six months, the company has witnessed a rapid escalation in its paid subscriber numbers, which now stands at an impressive 3.54 million. This surge is complemented by a robust user base exceeding 120 million registered accounts, showcasing strong conversion rates from free to paid subscriptions. The financial statements reflect the impact of integrating OSN+, which has enhanced subscription income, now totaling approximately $43 million.

Perhaps the most noteworthy collaboration is Anghami's new strategic partnership with Warner Bros. Discovery, which includes a $57 million investment aimed at OSN Streaming Ltd., the majority owner of Anghami. This investment is set to further enhance Anghami's catalog, offering exclusive access to HBO, Max Originals, and various global entertainment titles to audiences in the MENA region.

Operational Achievements

Elie Habib, the CEO of Anghami, stated, "Achieving a $48.4 million revenue milestone in H1 2025 is a testament to our effective integration strategies and subscriber growth. Our operational efficiency stood at a commendable 99.9% uptime, and we improved our app ratings from 3.8 to 4.6 stars, demonstrating our commitment to user satisfaction."

In addition to OSN+, Anghami has solidified partnerships with several significant players, including Noon and PlayStation, alongside a distribution agreement with Talabat, enhancing its reach and user acquisition further.

Challenges and Strategic Adjustments

Despite the impressive revenue growth, Anghami faced challenges that led to a loss of $37.1 million as a result of increased operational costs tied to subscriber acquisition and integration efforts. The management is focused on implementing cost management strategies to leverage the scaling benefits of their business effectively.

Bright Future Ahead

Looking towards the future, Anghami is poised to benefit from its burgeoning partnerships and the rising demand for digital entertainment in the MENA region. The collaboration with Warner Bros. Discovery is anticipated to sustain subscriber growth well into 2025 and beyond. The company's management expects continued revenue surges in the latter half of the year, even as investments needed for integration continue to affect profitability.

With exclusive content launches planned for early 2026, including regional productions and expanded international partnerships, Anghami is set to strengthen its competitive edge in the streaming industry.

Conclusion

In summary, Anghami Inc. is strategically positioned to capitalize on the opportunities presented by the MENA digital entertainment boom. With a strong user base, effective partnerships, and innovative content strategies, its future appears bright. As the company navigates the complexities of growth, its focus on operational efficiency and customer satisfaction remains at the forefront of its agenda.