Anghami Inc is a United Arab Emirates based company that provides digital music entertainment technology platform in the Middle East and North Africa (MENA). The Company has catalog comprising more than 72 million songs and licensed content from Arabic labels, independent artists, and distributors, available for more than 75 million users. The Company also features music from the international labels such as Universal, Sony and Warner. The Company's services are available in English, Arabic and French. It has offices in Beirut, Dubai, Cairo and Riyadh and operates in 16 countries across MENA.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 61.08% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 78.09M.
Undervalued
The company’s latest PE is -2.94, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 50.05M shares, decreasing 4.23% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 0.00 shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.90.