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Anghami Inc

anghami.com

What Do They Do?

Sells access to music, podcasts and video through the Anghami and OSN+ apps to listeners and viewers in the MENA region.

Who Are Their Customers?

Listeners and viewers subscribe through the Anghami and OSN+ apps; Anghami subscribers can pay by card, mobile-carrier billing, vouchers or cash payment services. Advertisers buy ads on Anghami’s free service.

Do Revenues Turn Into Profits?

No. It lost $89.6M in .

Net income,
−90% of revenue
▲ +41% (Loss) vs (−$63.6M, −81%)

How Are They Changing?

Added premium video The earlier report describes a music app for streaming and downloads; the latest also offers premium video through OSN+.

Who Do They Compete With?

Competes with Spotify, Deezer, SoundCloud, Google, Apple, and Amazon

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