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Anghami (Anghami) Gross Profit : $10.29 Mil (TTM As of Dec. 2023)


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What is Anghami Gross Profit?

Anghami's gross profit for the six months ended in Dec. 2023 was $7.24 Mil. Anghami's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $10.29 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Anghami's gross profit for the six months ended in Dec. 2023 was $7.24 Mil. Anghami's Revenue for the six months ended in Dec. 2023 was $22.48 Mil. Therefore, Anghami's Gross Margin % for the quarter that ended in Dec. 2023 was 32.22%.

Anghami had a gross margin of 32.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Anghami was 31.72%. The lowest was 19.29%. And the median was 25.47%.


Anghami Gross Profit Historical Data

The historical data trend for Anghami's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Anghami Gross Profit Chart

Anghami Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 9.91 8.17 9.04 9.35 10.29

Anghami Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only 5.02 2.94 6.41 3.05 7.24

Competitive Comparison of Anghami's Gross Profit

For the Entertainment subindustry, Anghami's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Anghami's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Anghami's Gross Profit distribution charts can be found below:

* The bar in red indicates where Anghami's Gross Profit falls into.



Anghami Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Anghami's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=41.38 - 31.088
=10.29

Anghami's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=22.477 - 15.234
=7.24

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $10.29 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Anghami's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.24 / 22.477
=32.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Anghami  (NAS:ANGH) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Anghami had a gross margin of 32.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


Anghami Gross Profit Related Terms

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Anghami (Anghami) Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Global Market Square, Al Maryah Island, 16th Floor, Al-Khatem Tower, WeWork Hub71, Abu Dhabi, ARE
Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog of songs. The company features licensed content from leading Arabic labels, independent artists, and distributors. It also features music from major International labels such as Universal, Sony, and Warner and is continuously licensing new content.

Anghami (Anghami) Headlines

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