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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Anghami
Anghami (ANGH) investor relations material
Anghami H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.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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Latest events from Anghami
- Revenue up 63% but net loss deepens; OSN Streaming takes control and $55M note converts to equity.ANGH
H1 2025 - OSN+ acquisition drove revenue growth but losses widened and OSN+ became majority shareholder.ANGHH1 2024
- Revenue surged with OSN+ integration, but losses and funding risks remain elevated.ANGHH2 2024
Next Anghami earnings date
H1 202628 Dec, 2026
Anghami
Next Anghami earnings date
H1 202628 Dec, 2026
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Frequently asked questions
Anghami Inc. is a technology company specializing in music streaming and digital entertainment services. It operates a subscription-based platform that provides users with access to a vast catalog of Arabic and international music, podcasts, and other audio content. The company offers personalized recommendations, curated playlists, and social features to enhance user engagement. The company is headquartered in Abu Dhabi, United Arab Emirates, and its shares are listed on the NASDAQ.