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Anghami Inc. Warrants (ANGHW)

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Upturn Advisory Summary
11/03/2025: ANGHW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -90.62% | Avg. Invested days 20 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.33 | 52 Weeks Range 0.01 - 0.04 | Updated Date 05/13/2025 |
52 Weeks Range 0.01 - 0.04 | Updated Date 05/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -185.24 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -81.38% | Operating Margin (TTM) -72.66% |
Management Effectiveness
Return on Assets (TTM) -53.44% | Return on Equity (TTM) -285.53% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 17025758 |
Shares Outstanding - | Shares Floating 17025758 | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Anghami Inc. Warrants
Company Overview
History and Background
Anghami is a Middle Eastern and North African (MENA) music streaming platform. It was founded in 2012 by Eddy Maroun and Elie Habib. Anghami became the first Arab tech company to list on NASDAQ through a SPAC merger with Vistas Media Acquisition Company Inc. in February 2022. The warrants are associated with this initial public offering.
Core Business Areas
- Music Streaming: Provides users access to a vast library of Arabic and international music through subscription and ad-supported models.
- Podcast Streaming: Hosts and streams a growing library of podcasts, catering to the MENA region.
- Events and Live Music: Organizes and promotes live music events and concerts.
- Advertising: Generates revenue through advertising placements within the platform.
Leadership and Structure
Eddy Maroun is the co-founder and CEO. Elie Habib is the co-founder and CTO. The organizational structure consists of departments responsible for technology, content, marketing, sales, and operations.
Top Products and Market Share
Key Offerings
- Music Streaming Subscription: Anghami Plus offers ad-free listening, offline downloads, and higher audio quality. Anghami holds a significant market share in the MENA region, competing with Spotify and Deezer. Market share data varies by region but Anghami is the top player in the MENA Region. Spotify, Deezer are main competitors.
- Ad-Supported Streaming: Free users can stream music with ads. It is a freemium model. Competitors are Spotify, Deezer, YouTube Music.
- Podcast Streaming: Podcast content provides a means to grow advertising revenues. Competitors are Spotify, Apple Podcasts.
Market Dynamics
Industry Overview
The music streaming industry is experiencing rapid growth, driven by increased smartphone penetration and internet access, particularly in emerging markets. The MENA region is a high-growth area.
Positioning
Anghami is positioned as the leading music streaming platform in the MENA region, with a focus on Arabic content and localized user experience. It benefits from strong brand recognition and partnerships with local artists and labels.
Total Addressable Market (TAM)
The global music streaming market is estimated to reach hundreds of billions of dollars. Anghami's TAM is the music streaming market within the MENA region, and it holds a competitive position to capture a substantial share of this TAM.
Upturn SWOT Analysis
Strengths
- Strong brand recognition in MENA
- Extensive Arabic music catalog
- Localized user experience
- Strategic partnerships with telecom operators
Weaknesses
- Limited global presence outside MENA
- Reliance on subscription revenue
- Competition from global players like Spotify
- Currency Fluctuations affecting revenue
Opportunities
- Expansion into new MENA markets
- Development of original content
- Partnerships with brands and advertisers
- Leveraging data analytics to improve user experience
Threats
- Increasing competition from global streaming platforms
- Piracy and illegal music downloads
- Changes in licensing agreements
- Economic instability in the MENA region
Competitors and Market Share
Key Competitors
- SPOT
- DEEZR
Competitive Landscape
Anghami faces strong competition from global players like Spotify, YouTube Music, and Deezer. However, it has a competitive advantage in the MENA region due to its focus on Arabic content, localized user experience, and partnerships with local artists and labels.
Growth Trajectory and Initiatives
Historical Growth: Anghami has demonstrated strong user growth in the MENA region. It is growing significantly faster than the Western streaming services in the region.
Future Projections: Future projections are contingent on Anghami's ability to expand its user base, increase subscription revenue, and monetize its platform through advertising and partnerships.
Recent Initiatives: Recent initiatives include expanding its podcast offerings, launching new marketing campaigns, and strengthening partnerships with telecom operators.
Summary
Anghami holds a strong position as a leading music streaming platform in the MENA region, leveraging its focus on Arabic content. However, it faces intense competition from larger, global players and needs to successfully expand its user base and diversify revenue streams to sustain growth. The company's future hinges on successful execution of its expansion plans and effective monetization of its platform, while navigating economic and political instability. The warrants are a speculative investment tied to the success of Anghami's underlying stock.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Anghami Investor Relations
- Market research reports
- Company filings
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly. Investors should conduct their own due diligence before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Anghami Inc. Warrants
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2020-08-21 | Co-Founder, CEO & Director Mr. Elias Nabil Habib | ||
Sector Communication Services | Industry Entertainment | Full time employees 186 | Website https://www.anghami.com |
Full time employees 186 | Website https://www.anghami.com | ||
Anghami Inc. operates a music-streaming platform in the Middle East and North Africa. The company offers digital entertainment and online streaming services, including music, podcasts, music videos, live events, movies, and series. It also provides a library of approximately 18,000 hours of premium video, including HBO content; and approximately 100 million Arabic and international songs and podcasts. In addition, the company offers various devices and payment methods. It offers its services through the Anghami Music and OSN+ Video apps. The company was founded in 2012 and is headquartered in Abu Dhabi, United Arab Emirates.

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