Anghami
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Anghami (ANGH) investor relations material

Anghami H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Anghami Inc
H2 2025 earnings summary30 Apr, 2026

Executive summary

  • Revenue grew 27% year-over-year to $99.3 million in FY2025, driven by subscriber growth and the full-year consolidation of OSN+.

  • Paid subscribers surpassed 3.5 million, with registered users exceeding 130 million across the MENA region.

  • Strategic partnerships, including the Epic Bundle with Shahid and Disney+, Noon, and talabat, expanded distribution and monetization.

  • Warner Bros. Discovery completed a $57 million minority investment in OSN Streaming Limited, strengthening content and regional production.

  • Integration of OSN+ and proprietary technology investments, including AI-powered recommendations and a rebuilt streaming platform, enhanced user experience.

Financial highlights

  • Revenue increased to $99.3 million in 2025 from $78.1 million in 2024, reflecting subscriber and segment growth.

  • Profitability was impacted by fixed video content licensing fees, reflecting a full 12-month impact versus 2024.

Outlook and guidance

  • Positioned for continued growth in digital entertainment demand across MENA, leveraging platform-led partnerships and a robust content pipeline.

  • Focus on scaling embedded and bundled distribution models for efficient user acquisition and deeper engagement.

  • Management aims to balance growth with operational discipline, targeting improved monetization and operating leverage in 2026.

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